Thanks Fred for breaking this all down. Canada has been in this unjust tariff war Trump keeps coming up with for too long. Prime minister Carney has managed to keep our economy from going into recession. But as a Canadian senior citizen, it is difficult to understand how any "Supposed Ally" can expect cooperation from us but continues to try to bring us to our knees. It's not going to happen Trump! We will keep our elbows up and stay united to resist the worst you can dig up. Canadians may be kind and friendly, but we have had enough!!!!!😡 🇨🇦🇨🇦🇨🇦🇨🇦
Thanks Fred. I have family in the U.S. and want them to understand why we are becoming impatient resistors. They don't get it. 🇨🇦❤️🙏🏻Happy Canada Day, Fred!
I have a further thought -- maybe the same thought -- on your "USA/Trump doesn't like it when somebody becomes a rival and 'the buddies' then deal with that rival." Notice that it is totally okay if USA/Trump trades with the rival!
So in this case, he gets mad at Canada because we DARE to bring in any amount of foreign/Chinese EVs -- rather than buy Teslas (of which most are made in China anyway).
You're also correct -- Trump is playing grade-school economics against Carney (with Ph.D in the subject, and loads of macroeconomic experience). Carney just looks at him and thinks "you're kidding me!" and then goes off and makes more deals with other countries to bypass Trump.
Anyway, don't know if Trump noticed, but both of our sub vendors -- Korea in particular -- are looking at making battery factories in Canada. And many of those will be targeted at consumer vehicles (not made by Big 3 auto).
What happens when “national security” becomes a catch-all excuse for economic protectionism? It appears Canada is proof that the horse has left that barn. Excellent Reporting Fred, do trust Carney and other registered smart people like you are reviewing all the "what if-s" before things get worse.
Thanks Fred! Very informative, but also, we bristle & our claws come out!!!! When will this blubbering idiot stop??? How can Americans stomach to be in the same country he is in? Grrrr Ewwww I'd like to sic a rabid dog on him!
National security, unfortunately, isn't a new cover for American political policy. The People's Advocate by Danny Sheehan documents his extraordinary legal response and findings over decades.
Thanks Fred for breaking this all down. Canada has been in this unjust tariff war Trump keeps coming up with for too long. Prime minister Carney has managed to keep our economy from going into recession. But as a Canadian senior citizen, it is difficult to understand how any "Supposed Ally" can expect cooperation from us but continues to try to bring us to our knees. It's not going to happen Trump! We will keep our elbows up and stay united to resist the worst you can dig up. Canadians may be kind and friendly, but we have had enough!!!!!😡 🇨🇦🇨🇦🇨🇦🇨🇦
That frustration is exactly what many Canadians are feeling, Judy.
Allies aren’t supposed to feel like economic opponents.
Canadians are patient… but patience does have a shelf life.
Thanks Fred. I have family in the U.S. and want them to understand why we are becoming impatient resistors. They don't get it. 🇨🇦❤️🙏🏻Happy Canada Day, Fred!
Well said & I agree!
Fred, good commentary, as always.
I have a further thought -- maybe the same thought -- on your "USA/Trump doesn't like it when somebody becomes a rival and 'the buddies' then deal with that rival." Notice that it is totally okay if USA/Trump trades with the rival!
So in this case, he gets mad at Canada because we DARE to bring in any amount of foreign/Chinese EVs -- rather than buy Teslas (of which most are made in China anyway).
You're also correct -- Trump is playing grade-school economics against Carney (with Ph.D in the subject, and loads of macroeconomic experience). Carney just looks at him and thinks "you're kidding me!" and then goes off and makes more deals with other countries to bypass Trump.
Anyway, don't know if Trump noticed, but both of our sub vendors -- Korea in particular -- are looking at making battery factories in Canada. And many of those will be targeted at consumer vehicles (not made by Big 3 auto).
Good point, Grant.
Funny how “free trade” gets complicated the moment allies stop relying on one customer.
And those battery plants?
Quietly important for where Canada goes next.
What happens when “national security” becomes a catch-all excuse for economic protectionism? It appears Canada is proof that the horse has left that barn. Excellent Reporting Fred, do trust Carney and other registered smart people like you are reviewing all the "what if-s" before things get worse.
Thank you, SouthRockOcean.
I think many Canadians are hoping the adults are still in the room planning three moves ahead.
The old assumptions about trade and allies clearly don’t apply the same way anymore.
Thanks Fred! Very informative, but also, we bristle & our claws come out!!!! When will this blubbering idiot stop??? How can Americans stomach to be in the same country he is in? Grrrr Ewwww I'd like to sic a rabid dog on him!
Haha… I think a lot of Canadians are running on equal parts frustration and caffeine these days, Patsy 😄
One thing this whole mess has done: it woke up Canadian unity fast.
Yes, I agree, we have become more united & that's a great thing!
Poor dog!!
Haha, indeed!
Wriggling out of the “National Security” trap is going to be v difficult - make sure all of Canada is on the Canadian side!
Good point, Deirdre.
Hard to navigate external pressure if we’re busy fighting each other at home.
The biggest threat to America is the Republican Party.
National security, unfortunately, isn't a new cover for American political policy. The People's Advocate by Danny Sheehan documents his extraordinary legal response and findings over decades.
You’re right, Eddie...
“national security” has been a political lever for a very long time.
The question now is how often it gets used to reshape economics and trade.
It’s about time for the rest of the world to start ignoring the USA’s sanctioned companies & countries list
Feels like more countries are quietly asking: “Is relying on one rule-maker still a safe bet?”
That conversation is definitely growing.
Not only will they use this BYD as a ‘security threat’, but just wait until the mid terms! They will go all out to fix the elections.
Trust in elections matters... no matter which country or party we’re talking about, Penny.