🚨 WOW! Scott Bessent is TEARING into Canada PM Mark Carney for trying to screw over America
"Unfortunately, PM Carney rose to power on an anti-American platform! He went BACK to his old playbook. One has to ask oneself: is he trying to benefit himself, the Liberal Party, or the Canadian people? Because they were offered a VERY good deal."
Chief strategist for Obama's presidential campaigns, David Axelrod, praises Mark Carney.
There was never going to be a trade deal. It's obvious now. Canadians will be made to suffer so the Democrats can use Canada as a bat to beat Donald Trump with during the midterm elections.
The harbinger of things to come.
The second order consequences of Trump's epic blunder in Iran.
Buffalo International airport can no longer accept incoming flights due to fuel shortages.
On 1010 Radio this morning they are trying to make the same argument - that aligning tariffs threatens 🇨🇦 sovereignty. No mention of EU aligned tariffs. So how does Carney and Liberals square this?
Mark Warner on the Canada-U.S. talks: “The Americans wanting a say over who Canada does free-trade deals with (especially non-market economies) isn’t some shocking new demand — it’s already in CUSMA Article 32.10.”
“Bigger partners always ask for more discipline when they feel competitive pressure. The EU did the same thing decades ago.”
“Canada isn’t walking around in white gloves on trade. Our partners know that.”
“Don’t stoke the nationalism. Free trade has never been popular here — the real test comes when more people actually feel the tariff pain.”
Clear-eyed, non-emotional analysis from someone who lived through 1988 negotiations @MAAWLAW
OH CANADA: China has been stealing more than $60 billion in tariff revenue by laundering its exports through other countries. The biggest offender is Canada, and Mark Carney walked away from the trade talks to avoid upsetting the CCP by ending the scam.
Fun fact: in 🇨🇦 + 🇺🇸, ~80% of grain-based foods have glyphosate.
It’s largely considered safe due to a study in 2000 that found it caused no DNA damage, reproductive harm or cancer.
It was recently retracted. Turns out it was ghostwritten by Monsanto.
https://t.co/jl68JEIbz7
Should Captain Canada Mark Carney still have over 91% of his more than 500 personal investments in the US, a country we are now "at war" with?
Why isn't mister "we are our own best customer" divesting and putting that money into Canadian investments?
This is accurate, but misses one important detail.
Steel and aluminum cannot be made without coal and gas (heavy carbon emissions), because the core issue is heat (joules) for the melting. You cannot make molten metal from renewable energy, (ie. windmills and solar farms) you need massive heat (oil, gas, coal).
It's simple science, you need joules.
Canada's energy policy, climate change stuff, is about the creation of electricity and non-carbon emissions. They have decarbonized their industry, and as a consequence have disconnected their ability to melt metal. That's why they import rolled steel and cast aluminum ingots from China.
Let me explain the technical problem for US/Canada/Mexico trade and why this trade dispute is so consequential.
NAFTA 2.0 essentially treats North America as one giant market. Not absolutely but lots of benefits afforded to counter parts inside not afforded to countries outside.
China recognizes the US has become much more restrictive on trade with China. So China says, I can still get the benefit of trade with the US by routing my trade through Mexico or Canada.
Oddly enough, the US is saying to Mexico and Canada, we want the assurance that when we buy a product that says Made in Mexico it is made in Mexico with as many non-Chinese parts as possible, by non-Chinese workers, and by non-Chinese firms. It's kind of amazing that Canada objects to that idea.
What is notable is that Mexico has actually cooperated with the United States on these trade issues. This is not to say they are perfect no country is, even the US is not, but Mexico has decided very clearly its interests are best served by blocking Chinese activities like trans-shipment. US-Mexican trade is booming.
Conversely, Canada is actively undermining US interests by signing deals with Beijing and rejecting American requests to block and take actions on things like trans-shipment, high risk imports, and money laundering just to name a few. You can rail against the US and Trump all you want but the basic requests are not burdensome or anything draconian.
If Canada really wants to align itself as the conduit for Beijing into the North American market, that is your sovereign right to pursue that course of action. It is also the US sovereign right to say we disagree with that and will not bind ourselves to your agreements with Communist China. Sorry not sorry
‼️BREAKING JUST IN
The Canadian government confirmed to the CBC that the reference to Trump "attacking Quebec culture and language"
was in reference to a U.S. request to review packaging language requirements.
ARE YOU F'IN KIDDING ME? ..... packaging requirements?
Canada and Mexico are violating the spirit—and potentially the letter—of USMCA by enabling China to penetrate North American supply chains and circumvent U.S. trade barriers. USMCA is a binding treaty, not a suggestion. Especially, its Rules of Origin and Labor Value Content provisions were designed precisely to prevent this kind of backdoor access.
Carney calls closer economic integration with China a matter of Canadian sovereignty. Sovereignty, however, does not mean freedom to ignore treaty obligations while exporting the consequences to American workers and industry. If Canada and Mexico want the benefits of USMCA, they must enforce its rules—and shut China’s back door into the U.S. market.