Mark Carney wisely took his time and didn't panic.
Now, as the US and Canada trade talks resume, that strategy will pay off because Americans are hopping mad about affordability. Not just the price of gas but the price of everything else.
Turns out that having an economically illiterate idiot as your president isn't good for your country. Tariffs have been like tying an anvil to your neck and dropping anchor.
If Trump takes a hard line against Canada and increases tariffs on Canadian goods, that decision will be combed over with a microscope. Average Americans will blow a fuse and with good reason.
The deals Carney made with other countries in the meantime bought him time and removed the pressure of needing a quick deal with the buffoonish American president.
He's got a better hand because he played the patient game.
I am impressed by the Canadian/European collaboration these days. As soon as they finally understood that the madness of the orange one would not go away, they started doing what they should have done a long time ago: Planning for a future where the US is not the corner stone of the defense of democracy.
ReplyDeleteIt will take a long time for the US to rebuild the trust they now have lost, if ever,
Could not agree more
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