I thought the reason for trashing trade agreements and taking a wrecking ball to the Canadian economy with extreme tariffs was because of fentanyl coming from Canada at the border?
Apparently not, says Trump, from his speech at Congress tonight: “… Tariffs are about making America rich again and making America great again”.
By his own words, he has just shown his big lie.
If it was intended to be a dump and pump, it’s not going to work. Companies aren’t going to reestablish supply chains just to get rugpulled later. More important than price and quality is consistency. Just the uncertainty alone will have an effect for years.
Yep look at the soy export market. After Trump’s last fiasco on 2018 and Biden not reversing the idiot, Brazil has replaced the U.S. as the top exporter in the world.