The realization that competitiveness depends on having access to low-cost inputs has led Canada along with many other countries to slash tariffs unilaterally in order to enhance their own competitiveness. The present study builds on and updates a 2014 study of possible unilateral free trade...

This study quantifies the trade and economic impacts of the tariff measures taken to date in the main salvoes of the trade wars unleashed by unilateral US tariff measures imposed on steel and aluminum pursuant to the Department of Commerce Section 232 National Security Investigation, on imports...

The Trump Administration is proceeding with unilateral measures to address what it has characterized as “unfair” trade, risking retaliation, but banking on a threat of massive escalation to extract a favorable outcome for itself. Notwithstanding widespread speculation that the threats to...

Canadians will likely enjoy $2.1 billion in additional household income by 2035 as a result of the Canada-Korea Free Trade Deal (CKFTA), which entered into force January 1, 2015, according to a new C.D. Howe Institute report. In “The Canada-Korea Free Trade Agreement: What it Means for...

The Trans-Pacific Partnership (TPP) negotiation is searching for a “landing zone” – a set of compromises that will allow a deal to be concluded. We assess the potential impact of the TPP based on a “best guess” as to what the landing zone will look like, taking into account such...

This paper analyzes the impact on the U.S. economy of Taiwan's accession to the Trans-Pacific Partnership (TPP) Agreement. While the TPP is to be concluded by the twelve current negotiating parties, other regional economies will be able to join, consistent with APEC's endorsement of the TPP as a...

Canada has recently concluded free trade agreements (FTAs) with two major economies, one trans-Atlantic (the EU) and one trans-Pacific (Korea); as well, it is negotiating a still larger agreement with Pacific Rim countries in the Trans-Pacific Partnership (TPP) initiative. From an economic...

This paper assesses the economic impact of the Canada-Korea Free Trade Agreement (CKFTA) on the basis of the published text and agreed schedule of commitments. We introduce new estimates of the impact of the services measures based on the extent to which they change the Services Trade...