World trade is going through a seismic shift — and nobody knows how it will end up


NAFTA, Brexit, countries around the world are redefining their trade relations, bringing uncertainty the global economy does not need

OTTAWA — In the gaps between NAFTA negotiations and U.S.-Canada interest-rate ponderings, Brexit remains a painfully present problem that could fill any economic void with even greater global uncertainty.

Globe 2b blue Getty Images LLLLAt the same time, the slow slog of talks on the make-up of a new free-trade pact between North America’s three economies seems to have lost some of its direction in the process — leaving monetary policymakers to plod along for themselves or, as we have often seen recently, wait for more data to flow in before making any more moves on lending rates.

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