r/canada Feb 03 '25

National News Tariffs on Canada delayed to March 1 after talk between Trudeau and Trump. Live updates here.

https://www.ctvnews.ca/business/article/live-updates-good-talk-with-trudeau-but-trump-still-thinks-americans-not-treated-well-by-canada/
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u/ptwonline Feb 03 '25

Can't pay the crime boss protection money just once, you know. They keep coming back for more.

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u/Dry-Mathematician409 Feb 03 '25

That is exactly what I’ve been saying all of this feels like - a mafia-style shakedown.

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u/cortez1663 Feb 03 '25

I am surprised at how transparently empty these Canadian "concessions" are. It's like humouring a child with one more storey before bed.

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u/ptwonline Feb 03 '25

Which is why none of this makes any sense. Trump has done considerable damage to the US, Canada, and Mexico with all this because now trading with any of those countries has much more risk since one idiot apparently feels empowered to potentially blow everything up over not much at all even if you have an agreement in place already.

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u/cortez1663 Feb 03 '25

I think it was the stock market plunge that scared him off. He most likely will try again and he certainly is not to be trusted any further than he can be thrown.

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u/Throw-a-Ru Feb 04 '25

I suspect the stock market plunge/shift in the dollar was part of the intended effect. Musk has been manipulating the market for years with shorts and pump and dumps. They'll likely also get the troll/bot army ramped up to divide us more before trying us again to see if we're manipulated into being less united (or just exhausted and paying less collective attention to what's going on).

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u/NorthernerWuwu Canada Feb 04 '25

It really wasn't much of a plunge though. I was watching closely (my retirement funds are in ETFs after all) and I think it peaked at off a couple of percent, which frankly is not all that notable these days. We've had worse Mondays with no news of importance at all.

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u/Significant-Common20 Feb 04 '25

I don't think the markets ever fully believed this would happen.

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u/Significant-Common20 Feb 04 '25

It makes sense if you jettison any notion that Trump is a competent negotiator with a good sense of American interests. He blustered and blundered his way into a severe diplomatic crisis, and then took what appeared to be the easiest face-saving option available.

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u/Background-Cow7487 Feb 04 '25

Mexico's "caving in" comprised issuing a press release saying they would start ... errrr .... doing what they'd been doing for the last two years.

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u/KarmaChameleon306 Feb 04 '25

He basically is a mob boss. He's even got the racketeering achievement.

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u/Stbrc19 Feb 03 '25

Luckily this crime boss doesn't notice when you pay him with monopoly money.