So Trump and Trudeau are set to talk today at 3 p.m.
How will this go?
- Trump will defer tariffs much like what he did to Mexico.
- I consider this the most likely scenario but it’ll come with some promises by Trudeau for some half-baked requests that Trump makes. Like “I want Canada to join the USA” in which case the response to Trump should be a clear “Fuck off!”
- So this was the outcome of today’s call. Trump blinked when he realized the devastating impact it was having on the stock market. And we all know that the stock market is an important measure of his Presidency. The Weiner-in-Chief’s bravado and tough-guy image overplayed his so called “common sense”. So now we have been granted a 30-day extension to appease his every whim. So do I think we’ll be into tariffs nonetheless? That’s a tough one. We know he considers tariffs a source of income for his precious government regardless of giving a thought to the impact it has on the common folk. But that’s Trump. He’s got his billions and is looking for ways to get more cash out of the system and in his pocket. But if he goes the tariff route (his plan all along) he has to soft pedal it to minimize stock market fluctuation. And of course, because his head (apart from being solidly up his ass) is stuck in distributive bargaining so he’ll be looking at maximum gain for his image. Stay tuned. I suspect as the days go on through the 30-day reprieve we will get a better sense if Canada is headed to tariff country. Until then, BUY CANADIAN, CANCEL ANY AMERICAN SUBSCRIPTIONS & TRIPS and hope that our Canadian governments and industries look for alternate (and more stable) trading paartners. If we learned anything, the USA is not that.
- Tariffs will proceed as planned
- Begs the question then of what was asked for to warrant a 2nd call today following the call this morning
- Trump will cancel all tariffs
- Not likely because that would suggest a Trump defeat
- Trump will counter with additional tariffs because of Canada’s retaliatory tariffs.
- In which case Canada should consider next steps carefully
The whole tariff actions of the USA is a surreal. Canada doesn’t have an issue with illegal drug smuggling or immigrant migration at the Canadian border.
This is all about Trump wanting to take over Canada.
Regardless of what’s next, one next step is for certain. Canada must begin looking for alternate countries to trade with. The USA is in decline. And with a crazy man at the helm with unpredictable behaviour and the hostility he has shown to Canada, it’s time to move.
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