Mr Carney said one reason the deal collapsed was US negotiators at the 11th hour introducing restrictions on Canadian trade deals with other countries.
I think this is the most important issue. The US administration is realising that other countries are making new deals around the US, and they are using trade pressure to revert that trend. Carney was right to reject the deal. It may hurt in the short term, but it also gives him the opportunity to develop new trade networks.
distract from Epstein files -> distract from war -> distract from tarrifs -> distract from Epstein files -> distract from war -> distract from tarrifs -> distract from Epstein files -> distract from war -> distract from tarrifs -> distract from Epstein files -> distract from war -> distract from tarrifs -> distract from Epstein files -> distract from war -> …
Anybody keeping count?
The followup article with Kinew moreorless matches my opinion on it. This isn’t going to be resolved this Election cycle. Carney really needs to just say “At this point trade negotiations are a waste of time and will not be looked into until at least 2028 and then we will go from there” because it’s clear even if optimal conditions are met, this US administration wouldn’t be trusted to actually follow the agreement regardless, and making concessions with the US over it is just going to get in the way of the Canada first mentality they are attempting to head towards.
The strategy should be to undo our reliance on the US for any trade at all and establish better global relations. Regardless of who comes into office in the future, the US has demonstrated they are not a stable or reliable partner in any respect.
The strategy should be to undo our reliance on the US for any trade at all and establish better global relations
That is a long term project, and has been a work in progress since Trump was reelected
moreorless
? that’s three words…
I don’t see no spaces
all this just to stop epstein/ghislaine from spilling into the airwaves.
So true bestie no one knows about that
The Canadians are 100% correct. They will continue to make global trade progress and leave the regressive USA choking in their dust trail.
Canadas taken its toys and gone home. The US hasn’t figured out it doesn’t have its own to play with yet.
If you want to read a Canadian perspective on this, CBC has an article on this exact thing.
“because you punish your citizens we must punish ours” y’all elected a real dipshit and I’m a Californian
i buy my maple syrup directly from a proud american retailer in vermont. you’ve never had pancakes as good as what my wife makes on a autumn morning.
the only thing that canada exported to the USA that was worth a shit was episodes of riverdale. and that was only for madelaine petschs’s knockers.
the drama wasn’t really any better than a typical episode of as the world turns and that was cancelled.
i love duplicitous redheads though. it’s a weakness.
This guy right here showing us by example how we are living through the stupidest timeline.
What a weird comment. Respect your fetish though.
the only thing that canada exported to the USA that was worth a shit
- potash
- electricity
- lumber
- steel
“Last-minute changes in the US proposed terms were unfair, uneconomic, and called into question the reliability of any deal.”
That is how trustworthy the US is. Even if they would sign a trade deal, it would not be worth the paper it was signed on.
Let the world move on without the US.
I have no love for CCP but i love China’s response on tariff wars. One of the officials said they don’t care what US does because China existed for hundreds of years before USA even existed, and China will continue to do so even if USA ceases to exist.
This is literally the only way forward
Good for Carney. I wish more world leaders would stand up for themselves.
sighs disappointedly in Australian
Yeah. I share your disappointment
We are fucking spineless, and it’s shamefully embarrassing
ʎlpǝʇuᴉoddɐsᴉp sɥƃᴉs
Matching “dollar for dollar” is dumb. We have to do things that hurt us little while maximizing their squeal.
Digital Services Tax needs to go in immediately. Tax exports of electricity and fuel. Lift trademark and patent restrictions. Repeal or amend the Copyright Modernization Act to eliminate DMCA style fuckery.
We can hurt them while benefiting from removing their shitty policies forced on us.
We should not try to fight toe to toe.
We need to do like Europe and get our government administration off of US tech companies
Finally! The year of Linux on the (governmental) desktop!
Do schools too and watch what happens. Windows sucks prettty damn bad if you aren’t indoctrinated to use it from a young age.
Canada owns near to half a trillion dollars in US bonds. Wonder what would happen if that was sold all at once?
We just saw the US bail out Japan (which owns about 1.2 trillion) to avoid Japan selling those bonds to bail themselves out. Really stupid of them to do that and then the next week play hard ball on another country that owns sizable chunk of US debt.
Wonder what would happen if that was sold all at once?
Canada would take a massive loss on the sale while the private markets and the Federal Reserve casually absorbs the influx of new notes at a discount.
It would tank the value, which would trigger other parties to quickly do a sell-off, which would further tank the value.
It would ultimately result in a cascade effect that drops the US dollar value to unprecedented lows.
It would tank the value
Temporarily, and not nearly as much as you’d guess.
The appetite for treasuries vastly outstrips the supply.
That’s the traditional viewpoint, sure. But as each day goes by the rest of the world is looking for more ways to circumvent or outright cut out trade and reliance with the US.
There’s a reason why 5 years ago BRICS was kindof a joke, but today it’s taken very seriously.
I’m not talking about US dollars, I’m talking about bonds.
It would definitely be dumb to let them go all at once. You’d want to dovest carefully. Or do some bond swaps, perhaps. Exchange some for euros or yuan.
For every $1 we get, they get $10.
Two fucking idiots posturing.
lol canada was apparently doing a climbing down and agreeing to some of the terms until jd vance decided to open his stupid mouth
I read it was Nutlick this time.
When Lutnick coughs it’s because the Idiot moved the hand that’s up his posterior. I doubt these two said anything without being directed to.
Canada has its own traitor in Washington who was involved in the Ohio fraud with JD Vance. They are besties. The fix was in as soon as they allowed this piece of shit sentient egg in the room.
Canadian dollar to US dollar, seems good.
Besides, standing up to him is the only way to deal with TACO.
Spit in his face and wait 'til Tuesday.
Hit the us where it hurts, stop respecting us digital locks and actually start repairing your tech
EU has literally threatened USA that EU could stop respecting American IP in a trade war.
Trump and USA are getting what they asks for. Just not in the good way.No if we really want to do that, we’ll jack up the price of electricity. The US imports a lot of electricity from Canada and it doesn’t have any other sources for it. US electricity demand has been skyrocketing due to data centre usage, so a massive price hike will grind the whole Al economy to a halt.
How about both?
This might be overselling it. Only some provinces produce/export and only some states benefit, mostly regional and mostly northern states. There would certainly be an impact, especially short term, but claiming it hits their entire infrastructure is a stretch.
