After dancing back an d forth with the Trump Admin…..
The Canadian head of state, who has been throwing at the American President since he got in office, has told his people to walk away from trade talks….
Trump has threaten 50% trade Tariff’s…..
Me?
I do NOT think this impasse will last that long…..
The US and Canada ARE tied TOGETHER in a million ways….
This WILL HURT both countries and the Leaders….
Seems like in this case?
Donald IS NOT having the other guy just give him what he wants….
The Canadian leader HAS been talking to China about Trade , which has infuriated Trump for a while…..
And he has been moving to open other trade avenue’s in Asia and Europe….
This IS driving the support FOR Prime Minister Mark Carney from Canadian’s who are pissed with and American President musing about making Canada the 51st America state….
On Friday night, Prime Minister Mark Carney of Canada did something that few other world leaders before him have dared to do.
After days of intense trade negotiations with the United States, with less than an hour to go on a midnight deadline for a new round of tariffs from the Trump administration, Mr. Carney instructed his negotiators to walk away.
Then, he announced that once 50 percent tariffs came into effect on $20 billion worth of Canadian goods, he would order retaliatory tariffs on the United States “dollar for dollar.”
Then on Saturday, in a lengthy televised address to Canadians, Mr. Carney brought fighting words to Canada’s act of defiance.
“Last spring, I warned that America is trying to break us so that they can own us. And I promised: “That will never, ever happen.” We are keeping that promise,” Mr. Carney said somberly, before reporters in Ottawa.
“Canada is becoming stronger and less dependent on America. We are already giving ourselves more than they can take away. And we are just getting started,” he added.
By walking away, Mr. Carney chose a road that no major U.S. ally has taken: With his country’s economy on the line, he stood up to President Trump and refused to accept the administration’s offer of a new trade relationship with tariffs permanently baked in. Britain, the European Union and other major U.S. trading partners have agreed to smaller deals that have been volatile and often left them worse off.
The collapse of the talks came after Mr. Trump declared on Tuesday that the deal was practically done.
Mr. Carney never echoed that. Over the week, as negotiators spent long hours in Washington huddled in the office of the U.S. trade representative, Mr. Carney appeared optimistic but insisted that there was still work to be done.
Each side now claims that the other introduced new or unreasonable demands at the last minute — the kind of finger-pointing that is common when trade talks fall apart….
…
In a speech in Davos, Switzerland, in January, he described a new era in which the United States was no longer a guarantor of stability and where middle powers like Canada have to unite to survive. The speech — and its enthusiastic global reception — angered Mr. Trump.
Mr. Trump has also been riled by Mr. Carney’s outreach to China, which led to a narrow but significant trade agreement this year; by Canadian provinces’ persistence on banning the sale of U.S. liquor; and by the Carney government’s retaliatory measures against the United States for its broad, devastating tariffs on core Canadian industries….
…
But Mr. Carney’s vision for Canada, with a surprising assist from Mr. Trump’s needling, has ignited a wave of patriotism. Going into the trade talks, more than half of Canadians — many more than those who voted for Mr. Carney — said they wanted him to give nothing away…..
Note….
America and Canada ARE joined at the hip in business, trade, sports and national defense….
This too shall get settled….
But Trump’s anger will have give way as in other trade situations……..
image…Euronews
Leave a Reply
You must be logged in to post a comment.