Xi-Trudeau Failure May Be a Matter of FTA Philosophy, Not Negotiation — Panjiva
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Xi-Trudeau Failure May Be a Matter of FTA Philosophy, Not Negotiation

Ags - Grains/Beans 299 Ags - Meat/Dairy 250 Canada 491 China 2971 Consumer Staples 760 Trade Deals 1000

China and Canada have yet to reach an agreement to start FTA negotiations after meetings between Premier Xi and Prime Minister Trudeau. While the two remain “constantly engaged” the failure is not a surprise. Philosophically Canada prefers comprehensive trade deals, as shown by its involvement in CPTPP in Asia and CETA in Europe. China meanwhile prefers goods-focussed deals like RCEP and its belt-and-road strategy.

Side deals will likely be reached in agriculture. Improved access to the Chinese beef and pork market is vital after Canadian supplies fell 19% in the past 12 months on...

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