Summary
U.S. Commerce Secretary Howard Lutnick said Trump will “probably” announce a tariff reduction deal with Canada and Mexico, tying it to their efforts to curb fentanyl trafficking.
However, Canada’s Foreign Minister Mélanie Joly denied any discussions, stating her office hadn’t been contacted about the plan.
Canada and Mexico imposed retaliatory tariffs after the U.S. enacted 25% levies.
Prime Minister Trudeau condemned Trump’s tariffs as “very dumb” and accused him of attempting to “collapse the Canadian economy” to enable annexation, vowing, "We will never be the 51st state.
Canada needs to stick to the tariffs until US stops smuggling drugs and guns into Canada!
Trump did it unilaterally, so no discussion anymore.
Geographically perhaps…
This is literally the opposite of a pump and dump scheme. Trump is intentionally tanking the market to enrich himself and his group of oligarch cronies that sold at the highest point and will buy back into the market before he announces the tariffs gone.
Insider trading while manipulating the market as a whole. Open corruption at the highest level.
Isn’t it still a pump’n’dump? As the Big Cheese, the man can just keep repeating the cycle as long as it suits him.
I hope they don’t. Please see straight through this giant toddler and show him that actions have consequences. Do not negotiate.
Teach him a lesson that the US is refusing to teach him.
That’s a mighty dangerous game. Two things will happen if this will happen:
- Your economy will collapse. Some crucial US goods and services are the only game in town.
- US will turn away from it’s old western allies towards the autocratic countries of the world.
Seems a dumb move to surround yourself with enemies at your borders and turn to an ally who is across the ocean, over what exactly?
Any probable actions are reading tea leaves. The idiot is unstable and cannot be trusted. Tariffs could be gone tomorrow and back again Friday.
