Trump announces "productive" phone call with Canada's PM Mark Carney

Carney is a central bank patsy.

I’d love to know who initiated the call. As if I have to guess.

To Trump, this is all part of the process.

They should get back on Signal and discuss plans to destroy Canada's military.

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Sitting down to pee is easier and it makes you an ally to women. Be queen, sit to pee!

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Shut up, pfag.

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Canada might have to learn a hard lesson as to exactly how much Chinese influence a Trump WH will allow on our borders.

Hint: it’s close to zero.

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What's he going to do about it when he's already played a strong opening hand? There's not much more to do other than acts of war.

I don't think the US wants to do that because I get a feeling things would spiral into WWIII because we've alienated so many of our allies over the last decade that I don't think such an action could be appeased. Especially considering that it would be after China entered into some trade agreements with Canada to pull them into their financial orbit.

If we don't want to buy Canada's goods then we gotta be okay with them selling it to people we don't like or change our trade positions.

"Will be meeting after the upcoming election..."

Trump really seems to prefer Carney to Poilierve. What did Poilierve due to anger Trump?

Trump cant have it both ways.

Cant insult your neighbor and declare you want to annex their country and tariff them by going back on a deal you negotiated. They will go to China to spite us.

the Canada Liberal Party was brought back from the dead, down 40 points in polling, because of this. Of course, they're continue to go down the path off waning off US partnership by talking to China

Liberals would love if Trump tries to intervene

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Trump cant have it both ways. Cant insult your neighbor and declare you want to annex their country and tariff them by going back on a deal you negotiated. They will go to China to spite us.

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I actually agree.

I’m sure he has an endgame in mind with this, but I have to admit I don’t quite see it yet though although I agree 100% that we need trade equity with our partners.

And if they aren’t willing to allow fair trade we aren’t really allies anyway.

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Trump cant have it both ways.

Cant insult your neighbor and declare you want to annex their country and tariff them by going back on a deal you negotiated. They will go to China to spite us.

the Canada Liberal Party was brought back from the dead, down 40 points in polling, because of this. Of course, they're continue to go down the path off waning off US partnership by talking to China

Liberals would love if Trump tries to intervene

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And this is part of the rub I see with the GOP platform that came out of the convention.

One of the planks was explicitly saying they want to maintain the USD as the global reserve currency.

However these protection systems of tariffs actively encourages a scenario where our closest allies and trade partners have incentives to move away from the dollar and into the orbit of the Chinese financial system since their growing middle class will become the dumping ground for excess production much like ours has been for the rest of the world since the end of WWII. China is quickly becoming like the United States where they have unique manufacturing and technological superiorities that countries want to import combined with a robust middle class that countries want to export to reach.

And if that happens, it will be the final nail in the coffin of the US middle class standard of living we've all become accustomed to enjoy. Our place as the global reserve currency typically puts us in a position where our inflationary trends are always less than the rest of the world. Think it has been bad here? Go take a survey of everywhere else but China since COVID. Our place in the global financial system and cheap foreign goods are the only reason the end of the Bretton Woods System in the late 1960s didn't hurt us more than it did (and it hurt us pretty damn badly in the 1970s).

There is something to be said for what is going on in this graph:



Almost everything that has gotten cheaper has been imported. Almost everything that has gotten more expensive has a gradient from "somewhat imported" on the low end to "cannot be imported at all" on the high end. I struggle to understand how pushing trade partners and allies away from the dollar and cutting off the only things that have stayed affordable is going to help a damn thing.