The TPP is dead, so what does that mean for Canada?
Rem Korteweg, a senior research fellow at the Centre for European Reform, told EU Trade Insights that Trump's strategy resembles the Chinese playbook. Expect the US to engage less with the EU, Japan and South Korea, which have a trade surplus with the US, he said. Unlike Obama, Trump won't make trade deals a foreign policy tool, Korteweg told the online trade publication. Instead, he will take a "narrow, transactional approach to FTAs like China used to do."