Alan Arcand (He/Him)

Chief Economist @cme_mec; father; Red Wing fan - not necessarily in that order. Views and opinions are my own.

[Michael Pettis @michaelxpettis]

1/6
Financial Times: "A company-level OECD analysis of government subsidies across 15 key industrial sectors found that nearly 60 per cent of Chinese firms’ global market share gains since 2005 could be attributed to subsidies."
https://t.co/o2mcZeaagi

[Matina Stevis-Gridneff @MatinaStevis]

BREAKING: Canada Seals Landmark Deal to Export LNG to Germany.

To export from BC coast, starting "early 2030s", for two decades, up to 1 million metric tons/year.

Per two officials with knowldedge.

https://t.co/jaGjZuBubt

*Some details of the deal were first reported by BBG

[Soumaya Keynes @SoumayaKeynes]

Export restrictions aren’t a one-shot weapon

My new essay for the @FT, on how to win a war (and influence people)

https://t.co/c5CIsChKX6

[CME-MEC @cme_mec]

CME is seeking manufacturers' input on trade, the CUSMA joint review, the impact of current U.S. tariff measures - especially the recent changes to metal tariffs - and the trade policies needed to support Canadian manufacturers. Have your say: https://t.co/MJ6LXy0RUY

[CME-MEC @cme_mec]

North American manufacturing is strongest when we stand together. Canadian Manufacturers & Exporters welcomes @ShopFloorNAM new USMCA report, which shows the agreement is strengthening U.S. manufacturing and reinforcing Canada and Mexico’s importance. https://t.co/8s9t20zseP

[Scott Lincicome @scottlincicome]

The national debt just exceeded 100% of GDP for the first time since 1946: https://t.co/VSDBUUTaUH

[Victor Fedeli @VictorFedeli]

Great news at the GM plant in St. Catharines!

This $691 million investment will see their next-generation V-8 engines for full-sized trucks and SUVs produced right here in Ontario. 🇨🇦

https://t.co/hFnc4eId03

[Chad P. Bown @ChadBown]

If USMCA no longer exists or a renewed version doesn’t significantly reduce tariffs on cars and auto parts made in North America, some foreign carmakers might not be able to build and sell the cheaper cars for the US market

by @SharonTerlep & @GavinBade

https://t.co/rzuUldq2ww

[Financial Times @FT]

Breaking news: The Middle East crisis will fuel a surge in US inflation to 4.2% this year, the highest in the G7, according to an OECD forecast https://t.co/1VLrrL2eK7

[POLITICOEurope @POLITICOEurope]

Donald Trump’s tariff regime has shredded the global trade rulebook.

Yet even as Washington openly flouts those rules, his administration is quietly signaling a re-engagement with the very institution that wrote them.
https://t.co/aTwVxz2wkd

[Paul Vieira @paulvieira]

Statistics Canada is providing an advance estimate of sales in the manufacturing sector for January. Advance results indicate that total manufacturing sales decreased 3.3% in January. https://t.co/fsiAhxJsJx

[Andrew Coyne 🇺🇦🇮🇱🇬🇪🇲🇩 @acoyne]

My latest, on the many ways in which we are unprepared for the crisis we are now in —almost uniquely so. We are, indeed, an outlier, on several fronts: not only uniquely exposed, but having done almost nothing about it — or done our best to make it worse. https://t.co/ySD2agQA4z

[Joey Politano 🏳️‍🌈 @JosephPolitano]

NEW from me:

The US is losing blue-collar jobs for the first time since early COVID or the Great Recession—the country has lost 65k jobs over the last year as manufacturing, transport, & mining employment decline while growth in construction has flatlined
https://t.co/QR61kRIxMs

[Report on Business @globebusiness]

An unsexy fix to Canada’s growing red tape problem https://t.co/FnGgxZC9zS

[Ken Dilanian @KDilanianMSNOW]

Must read:

“The United States now risks finding itself in the position of Britain in the late 19th century and Germany and Japan in the 20th: overtaken militarily by a rising industrial powerhouse. History shows such competitions between rising powers and established ones often end in catastrophic wars. China’s gaming of international trade, rising hostility to neighbors and especially its accelerating military buildup show the urgent need for credible deterrence.”

To Outbuild China, America Needs Friends https://t.co/XW5MHZysjk

[The Hub @TheHubCanada]

.@trevortombe: One Canadian economy? Not quite yet

https://t.co/fc0kFNO9bk

[Report on Business @globebusiness]

Ottawa announces more protection for steel industry, new money for lumber mills https://t.co/8Tbrzuabou

[Alex Tabarrok @ATabarrok]

Brexit reduced UK GDP by 6-8%...investment was reduced by 12-18%, employment by 3-4% and productivity by 3-4%....a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources...
https://t.co/VFJPVDfmPk

[Scott Lincicome @scottlincicome]

Goldman on who's been paying US tariffs so far:
American companies & consumers: 88%
Foreign exporters: 9%

[Crémieux @cremieuxrecueil]

The tiny Caribbean island of Anguilla now derives almost half of its state budget from the sale of .ai domain names.