Cusma-befreit-die 93% Mirage

> Since Mark Carney became Prime Minister in March, Canada has faced *more* tariffs from the U.S., not fewer. His strategy — if it can be called that — appears to be waiting for the U.S. economy to falter under the weight of its own tariffs. But that’s a dangerous gamble. The American economy, for all its recent job market volatility, remains remarkably resilient. Betting against it has never been a winning strategy — just ask Warren Buffett.

This is a frustrating paragraph to read. The author is critical of Carney’s approach but doesn’t suggest any viable alternatives. Let’s say we didn’t bet against the American economy. What alternative is there? To accept a high base level tariff while committing to investing billions for American energy like the EU/Japan did? There is no good option for everyone, and I feel like the author should be acknowledging that.

Anyone imagining electing PP would have resulted in less tariffs is very naive.

Carney is performing a very delicate balancing act; how to gain an advantage in negotiations without hurting Canadians.

That requires time, patience, skill and strategy. Those are not things PP is known for… After all, PP blew the biggest electoral lead in recent Canadian history, he would have blown the trade talks too.

And the last advantage Carney also has is to basically know everyone in the world who matter with regards to trade and the economy, from Europe to Japan, from China to the Middle East.