Daily Memo: The State of the US Military, Canadian Trade, the Russian Economy

All the news worth knowing today.

GPF Staff |November 15, 2018

Sino-Canadian trade. China and Canada said they were committed to expanding their trade relationship despite the U.S. trade war, especially in energy and agriculture. At a meeting yesterday, Chinese Premier Li Keqiang told Canadian Prime Minister Justin Trudeau their economies complemented each other, while Trudeau said that outside powers would not influence Canada’s position. The context for this meeting is the next G-20 summit, which will take place at the end of November, during which U.S. President Donald Trump and Chinese President Xi Jinping may or may not discuss ways to resolve their trade dispute – it all depends on whom you believe. Also at the summit, the United States, Canada and Mexico will sign their new trilateral trade agreement, which placed restrictions on subsequent trade agreements with non-market economies (read: China). Votes in the legislatures of the signatories won’t take place until next year.

U.S. military on the decline? Two reports from the U.S. C

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