U.S. and Canada bracing for prolonged trade dispute

Wall Street Journal: The U.S. and Canadian governments, along with businesses in both countries, are bracing for a prolonged trade dispute that could last until after the midterm elections, according to people familiar with their thinking.

…“The best thing to do is let some water run under the bridge and give everyone time and space to cool down,” said Kelly Ann Shaw, deputy director of the National Economic Council in Trump’s first term. “I don’t see any possibility of an off-ramp between now and September,” she said, adding, “Let’s see where things are in December.” …

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