Why Trump Should Explore a Common Market with Canada
As former President Donald Trump continues to provoke discussions around the potential of Canada becoming the 51st state, it may be time to consider a more strategic approach: establishing a common market with our northern neighbor. This idea could foster economic growth and cooperation without the complications associated with statehood.
The Case for a Common Market
A common market would facilitate the free movement of labor, goods, and capital between the United States and Canada, offering both economies a much-needed boost. Imagine a landscape similar to the early days of European economic integration, where trade flourished before bureaucratic hurdles stifled it.
In contrast, pursuing the statehood option brings with it notable drawbacks, including the political ramifications of adding two more senators to the Democratic side and absorbing a relatively sluggish Canadian economy. If Canada were to join the union, it would rank as the fourth poorest state in the U.S. This dynamic suggests that a cooperative market may be the more pragmatic path forward.
Making Free Trade Truly Free
To unleash the full potential of this partnership, it’s essential to ensure that this common market is built upon truly free trade—rather than convoluted regulations and red tape. By collaborating, the two nations could act as a unified bloc when negotiating tariffs and pursuing freedom of movement with foreign countries.
Notably, this is not a new concept; Ronald Reagan championed the idea of a common market during his 1980 presidential campaign, laying the groundwork for the Canada-U.S. Free Trade Agreement.
Deeply Intertwined Economies
Both the U.S. and Canadian economies are already profoundly interconnected. For instance, a significant amount of American cattle are born in the U.S. before being sent to Canada for grazing and then shipped back for processing. Likewise, auto parts from Canada frequently cross the border multiple times during the manufacturing process. Smoothing these transactions would lead to increased profits and efficiency across various industries.
National Security Considerations
Critics often express concerns about national security in discussions of increased trade and labor movement. However, a system of free labor movement could be designed to maintain security standards, allowing for citizens to work seamlessly in either country without excessive visa requirements. Quick passport checks could remain at border crossings, ensuring that security is not compromised.
In any negotiations, the U.S. could also emphasize the importance of enhancing Canada’s immigration screening for potential threats. This could involve collaborative efforts in technology sharing, database access, and security training.
Canada’s Economic Motivation
With approximately 80% of Canada’s exports heading south, a common market agreement would be immensely beneficial for Canada as well. It’s likely that Canadian stakeholders would eagerly embrace a proposal that promises economic growth and job creation.
Conclusion: A Win-Win Proposition
Building a common market with Canada presents a far more appealing alternative than engaging in a trade war or pursuing the contentious idea of statehood. By considerably enhancing trade relationships, both nations stand to gain immensely.
Mr. Trump, consider the positive impact of this approach—it's an opportunity to create a legacy that resonates far beyond politics and trade barriers. Let's work towards a collaborative, prosperous future where both countries thrive in a common market!
