Rate one for all analysts from the armchair. For each of you. The Canadians spent months passionately discussing what, exactly, US President Donald Trump wants us. Are these just some border repairs or wider economic changes?
As it turns out, both are correct.
A months -long tariff psychodrama just ended up with Canada, announcing and re -announcing a crowd of measures on Monday aimed at the border and drug trade.
Now it’s next. Trump is threatening In order to return the tariffs in 30 days unless he can achieve a new economic contract with Canada: “Righteousness for all,” he posted online, in all restrictions.
It is a little early to predict his lower line in the next round of conversation, but he spoke of dairy products, car parts, military consumption and now, banking regulations.
But wait, there are more!
Prime Minister Justin Trudeau said on Monday that US President Donald Trump would give up tariff’s charge in Canada for at least 30 days.
Tariffs as a negotiating tactic
Trump has posted a at the same time a formal declaration suggesting a different goal for the next 30 days. He will also be careful about the progress on the Canadian border, otherwise, to make a wild speculation about what follows.
You hit correctly: more tariffs. This means that if and when, Trump again threatens economic pain, we can all continue to argue about whether it is a limit or something else.
What is clear is that in the coming months, a flammable new element was added in the coming months, as the Canadians will receive a new prime minister and then the general elections, due to Trump’s threats.
He talks about a 30-day break on the tariffs-this means in early March. His team is threatening too Tariffs in AprilAfter it is concluded External trade studies.
They speak o three different reasons for tariffs – correct unjust trade, raise income and negotiate with other countries. It seems that the drama we were just witnessed was guided by the goal no. 3 – negotiations.
Republicans praise Trump
Republicans welcomed the negotiating sharpness of their leader on Monday.
“We now have a president who will use American strength to force allies and opponents to pay attention,” Josh Holmes, former Senate Assistant to Mitch McConnell, wrote the Communications Advisor and Podcaster on the Social Media Platform X.
“It is no longer appropriate to neglect American interests.”
Trump’s villains quickly rained the president’s procession. Most of what Canada announced on Monday has already been announced in December. That even drew a celebratory reaction Then from Trump’s team.
In order to assign the president, new elements announced on Monday include a unclear reference The new Canadian Directive on Intelligence, which Ottawa did not develop. Canadian struggle to use intelligence to process gang is a longtime source of complaint.
All this is played under the persistent tampon of Trump’s insinuation to have a more dramatic last motive: annexation of Canada.
About that 51.
The people in Washington generally assume they are joking. Senator Ted Cruz, on his subcastation, called him: “epic trol”; He said he thought it was just, “Yanking [Trudeau’s] chain.”
If so, it is quite dedicated a little.
Like, in an oval office on Monday, a journalist from Bloomberg asked what he would like to see from Canada, he spoke in a slightly more detailed language about the difficulty in the annexation of Canada.
“What would I like to see? Canada became our 51st state,” Trump replied, then suggested that Americans would have to accept some turbulence to make it happen.
“Some people say it would be long. If people wanted to play the game correctly, it would be 100 percent sure they would become a state. But a lot of people don’t like to play the game because they don’t bring” he had a threshold of pain.
Here are more good news for Canadians who would like to keep their country, what is, according to polling stationis the vast majority.
The annexation is also terribly surveyed in the US -Ii nowhere near the support it will need to go through the US Congress – which has enough problems with the passing of things that are popular.
Asked in an oval office if Canada could do anything that would stop tariffs, as happened with Mexico, US President Donald Trump repeated the comments on the wishes of Canada to become 51. Trump talked at 3 pm on the eve of a planned call with Prime Minister Justin Trudeau
Speaking of American public opinion, Canada is sympathetic to tariffs. Different Survey shows only minority support for these tariffs, even when the poll is Includes China.
American media and stock exchanges seemed to be astonished at direct threats.
It was a leading item in several US news on Monday, generating 11 minutes at the NBC’s Today Show and producing the above stories in the New York Times, Washington Post and Wall Street Journal.
All in a country that is, to put it mildly, there is a lot of other major things entry into Two weeks Since Trump is open.
Since Trump enjoyed a mini-honeymon in public opinion, an analyst to choose CNN said it could be his first major unpopular move.
“Trump has done some rather popular things in his first weeks. This is not one of them – no, no. No. Terrible, awful,” Harry Enten said about the big tariffs in Canada and Mexico.
The market sends a message
More importantly, the Americans noticed. This was not given. Americans tend to pay as much attention to the international trade as Canadians do NCAA football, perhaps less.
And this may be understandable because the store represents a far smaller share of economics in the US than Canada, where trade showers are often the main story.
Still, this week Google is looking for tariffs grown to historical ups in the US
“You know people are paying attention when there is more Google searches than for Taylor Swift,” Enten said. “I never thought I would see it, but the American people are actually interested in tariffs.”
It also turns out the stock market.
There were no words that the market would react and whether the tariff news will turn the generally exciting mood on Wall Street in recent months.
Some analysts thought it was a market reaction – the only protective line against Trump. Because it is unlikely that the courts or congress would stop his tariffs.
It turns out that Dow Jones lowered about two points from the moment of last Friday afternoon, when Trump promised that the tariffs had come Friday, and three times more on Monday morning.
She stated a word of tariff break, initially with Mexico, and immediately sent markets that bounced and renewed hundreds of billions of stock values.
That’s another positive move from this episode, one Canadian said.
“We went to the brink and we learned a few things,” said Flavio Volpe, head of the Canadian lobby of the Auto-Dia and Prime Minister Justin Trudeauu. Relations Council with Canada-US.
“The tariff plan did not take well the capital markets. Before that it was a theory.”
He says it is now clear that markets will be punished by tariffs across North America. It is also clear that Canada could also get support for important voices.
Volpe is, specifically, veteran iowa Senator Chuck Grassley, which prayed for the exemption of potassiumWhat he noted, it would be awful for farmers in his Iowa state; Even the lobby of US manufacturers manufacturers opposed wide tariff.
Trump said he was not aware of market giggles, when he saw journalists at an oval office on Monday.
“How’s the market?” asked the president.
“I don’t know,” he added. “I’m not thinking about it.”
Maybe he bluffed. Or maybe not. Welcome to our new reality, where we will ask ourselves this question over and over, starting, maybe in about 30 days.
