As a major trading partner of the US, I can’t help but wonder if the US is not far behind?
I did see a hopeful sign for huge US in the fact that China opened new, quiet, negotiations to end the public trade/tariff war. But I don’t see Canada benefiting from similar negotiations as India has slapped Canada with tariffs on lentils and, I believe some grains.
https://www.zerohedge.com/news/2018-06-20/made-canada-recession-story
Consumer Debt UP
Business Debt UP
Government Debt UP
Labor Rate Participation Down
Unemployment Up
Stock Market Down
Trading position with allies (not just the US) weak
Read the article in the link for some interesting perspective showing troublesome trends.
I did see a hopeful sign for huge US in the fact that China opened new, quiet, negotiations to end the public trade/tariff war. But I don’t see Canada benefiting from similar negotiations as India has slapped Canada with tariffs on lentils and, I believe some grains.
https://www.zerohedge.com/news/2018-06-20/made-canada-recession-story
Consumer Debt UP
Business Debt UP
Government Debt UP
Labor Rate Participation Down
Unemployment Up
Stock Market Down
Trading position with allies (not just the US) weak
Read the article in the link for some interesting perspective showing troublesome trends.