President Donald Trump’s renewed criticism of Canada this week means that the end-September deadline for a new trilateral NAFTA agreement is set to pass without a deal, increasing the threat that Canada is included in the list of countries subject to new auto tariffs once they are announced. The silver lining is that, up to now at least, there are few signs that escalating trade tensions are having a notable impact on aggregate GDP or consumer prices.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services