Dhaka, Oct. 18 -- The economic ties between Canada and the United States (US) are not just significant, they are among the closest and most important trading partnerships globally. In 2023, the daily goods and services trading surpassed US$2 billion, with the total annual trade reaching a record high of US$900 billion. Canada alone accounts for 15 per cent of US goods, and 75 per cent of Canada's exports find their way to the US. The automotive, energy, and agriculture sectors are the main players in this bilateral trade, with Canada supplying over 60 per cent of US crude oil imports.

However, this interdependent relationship is not immune to commercial tensions. These tensions are escalating, fueled by the rise of economic nationalism, ...