13:37:44 EDT Tue 30 Apr 2024
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Resolute Forest Products Inc
Symbol RFP
Shares Issued 90,450,950
Close 2018-09-19 C$ 18.10
Market Cap C$ 1,637,162,195
Recent Sedar Documents

Globe says Magna, others see Ford go to Washington

2018-09-19 07:40 ET - In the News

See In the News (C-MG) Magna International Inc

The Globe and Mail reports in its Wednesday edition that Ontario Premier Doug Ford arrives in Washington Wednesday to confer with Canadian officials on the North American free-trade agreement. The Globe's Lawrence Martin writes that the United States said no to a request to have the latest round of NAFTA talks take place in Canada. As for Mr. Ford, Mr. Martin says it is good he is involved. Being a populist, he speaks the Trump administration's language. That said though, there is no one going to change the nativist tariff-worshipping ways of Donald Trump and his hard-woven political base. Mr. Trump bared his tariff teeth again this week, imposing $200-billion worth on China. Canada may yet get a decent NAFTA agreement, but even if it does, the U.S. is going to be belligerent on trade issues going forward. To get the measure of these guys, Mr. Ford would do well to read Fear, Bob Woodward's portrait of the White House, where he says there is a seething feud between globalists and hardcore America-Firsters. As Mr. Woodward tells it, Mr. Trump's trade adviser Peter Navarro is suspected of getting most of his trade expertise from flat-earth-society manuals. Mr. Ford does not have much to work with in Washington.

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