U.S. midterms bring new sources of trade uncertainty for Canada

Experts says the Democrats’ majority victory in the House of Representatives means ratification

Canadians are inspecting the fresh U.S. political landscape following midterm election results that many believe have added fresh trade-related uncertainty.

Experts says the Democrats’ majority victory Tuesday in the House of Representatives means the ratification of the recently struck United States-Mexico-Canada deal, known as USMCA, will likely have to wait well into 2019.

Trade expert Lawrence Herman says he expects the pact to eventually gain approval — but he warns there’s a risk the agreement-in-principle could crumble, especially if Democrats decide the deal’s passage isn’t politically advantageous for their party.

READ MORE: Democrats come on strong in House races, but Republicans make Senate inroads

Either way, Herman says Canadian businesses now face new unknowns as they try to make export and investment decisions.

Canada will also scrutinize the midterm results for other cross-border impacts, including the fate of the Trump administration’s painful tariffs on steel and aluminum imports from north of the border.

Unifor president Jerry Dias, whose union represents auto workers, says now that the midterms are over Canadian MPs from all parties must apply more pressure to secure the removal of unjust tariffs he argues were imposed to score political points with the Republican base.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Province not doing enough for forestry sector, say Liberals

Although Minister of Forests says government working to diversify industry, rural economies

Column: how to bring young blood to ranching

A Young Agarians program seeks to partner new ranchers with old

Stolen truck involved in fatal collision on Highway 16

Wednesday’s two-vehicle crash killed one man, 23, and injured two others

Local company Northern Homecraft wins big at Northern B.C. awards

Vanderhoof company won in two categories for homes built in Fort St. James area

Column: the 4-H way of life

Local 4-H member Jacinta Meir on what being a member means to her

REPLAY: B.C’s best video this week

In case you missed it, here’s a look at the replay-worth highlights from this week across the province

Controversy erupts over Japanese flag in B.C. classroom

Online petition demanding removal has collected more than 5,700 signatures

Death toll rises to 76 in California fire with winds ahead

Nearly 1,300 people remain unaccounted for more than a week after the fire began

Trump says report on Khashoggi death expected in a few days

Jamal Khashoggi was a columnist for The Washington Post who was slain Oct. 2 inside the Saudi Consulate in Istanbul

CUPW requests mediator as deadline for Canada Post offer expires without deal

Prime Minister Justin Trudeau weighed in Saturday night with a last-minute plea to the two sides

Trudeau says he won’t negotiate in public on future of LGBTQ rights in USMCA

Legislators urged Trump not to sign the agreement unless the language was removed.

Price makes 36 saves as Habs edge Canucks 3-2

Late goal lifts Montreal past Vancouver

BC Minister of Agriculture loses stepson to accidental overdose

Lana Popham announces death of her 23-year-old stepson, Dan Sealey

Canadian military’s template for perfect recruits outdated: Vance

Gen. Jonathan Vance, the chief of defence staff says that the military has to change because the very nature of warfare is changing, particularly when it comes to cyber-warfare

Most Read