U.S. Treasury Secretary Scott Bessent cited Canada’s recent trade agreement with China that reduced tariffs on some Chinese EVs as a reason for not dropping tariffs on Canada.
U.S. Treasury Secretary Scott Bessent cited Canada’s recent trade agreement with China that reduced tariffs on some Chinese EVs as a reason for not dropping tariffs on Canada.
Why negotiate at all with them? This is totally useless.
The A team goes to work worldwide, the B team works with the US kakistocracy to salvage anything, if possible.
However, there are no deals to be made. Any agreement isn’t worth the paper its written on. They will move the goalpost again and again. As Carney said, “focus on what we can control”.
Business and supply chains don’t reinvent themselves overnight, but we will see how fast this can be done.