“FIRST READING: Canada where Trump’s ‘hardball’ strategy failed hardest, says analysis”

Key points

• The CFR analysis argues Canada’s economy resisted U.S. tariffs better than expected.
• Canada retaliated with counter-tariffs while Ottawa resisted offering higher U.S. concessions.
• The analysis notes U.S. leverage diminished as Canada’s exports to the U.S. are critical raw materials.
• Tariffs have affected U.S. border states, influencing midterm political dynamics.
• Some U.S. concessions emerged, while Canada maintained a resistant stance on negotiations.