Robert Reich: China Would Like Nothing Better than to Have Canada, Mexico, and EU All Battling the United States

‘Canada is not only our most important ally in many, many respects and our neighbor, but we rely on Canada’

EXCERPT:

REICH: "Well, there are very important markets around the world. And Trump is talking about his next target being Europe and slapping big tariffs on Europe. Well, the potential trade between Canada and Europe and Mexico, already very significant, could get much larger. One of the big beneficiaries here that’s not being talked about is China. China would like nothing better than to have Canada and Mexico and Europe and the European Union all battling the United States, because that would give an opening to China. Southeast Asia, where many, many of the goods that are coming into the United States and are going to Canada and Mexico and Europe originate from, well, Southeast Asia is a major player here, as well, and I’m sure is reevaluating the trade routes and the trade relationships."

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