Inside Trade

July 7, 2025

Outside voices: Mary Ng asks … what happens to trade when all the trust is gone?

July 3, 2025 at 10:27 AM
To Mary Ng, Canada’s former trade minister, the next 2-3 years “will shape the next generation of trade.” In a lengthy lament about what she calls a loss of trust (“the real currency of global trade”), Ng – who left the Canadian government earlier this year – writes in a Hinrich Foundation analysis of two possible pathways forward: A ‘fragmented’ trade world . “In this scenario, the world breaks into competing blocs. Trade wars escalate. Countries retreat behind tariffs and...

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