Earlier quoted context omitted.
And trade. The last 18 months the US has shown itself to be a unreliable trade partner. Lots of companies are looking at diversifying both markets and supply chains. The recent trip of the Canadian PM to China is but the most visible part of this shift. That's at govt level, but I've seen it happen all the way down to individual level. US products are typically more expensive here than Chinese. But at least you were…
I doubt the Canadians want their economy flooded with Chinese goods ("dumping" - selling goods at less than cost) - which destroys local industry. This was predicted in The Economist awhile back, that if the US blocked Chinese imports a tsunami of Chinese goods would flood other countries and now it's happening. Those countries will also, in turn, erect trade barriers, or suffer the devastation that massive Chinese d…
Most actual cases have been of raw materials (eg steel, yarn) and industrial chemicals.
I think this is a long way from the alleged "tsunami of Chinese goods".
It's also worth noting that many Chinese manufactured goods would mostly substitute for US manufactured goods (eg cars). That's actually the whole point.