
Would you buy a used car from this man? The one on the right, not the portrait.
The Trump tariff circus continues. It is a circus in that he has flipped and flopped, all over the place, in the past couple of months. Does anyone know what he’s gonna do tomorrow? No. Not even his own trade advisors.
Mark Carney has made it quite clear that Canada can no longer trust the US now and forever. The close economic relationship Canada has had with US for years is done.
This is not only with Canada, it is with every other country that imports and exports goods to the US. Countries, such as Canada, and jurisdictions, such as the EU, are already looking at trade alternatives. In the long run, this will hurt the US, big time. The US is slowly isolating itself from the rest of the world.
Are companies really that interested in investing in the US, right now? With the mayhem going on, in the states, what rational company would consider investing hundreds of millions in a circus like environment?
China could be the big winner here, They are stating that they are open for business with any country that wants to deal with them economically. Countries, such as Canada while hurting in a short term with the US tariffs, could benefit in the long-term by finding other markets for their goods, such as China.
That is all I have for today.

Leave a Reply