TechRocks
Heisman

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Pretty Boy Trudeau getting pushed around.
Not only by Trump, but by his own political circle.
Quote:Business and political leaders are increasing the pressure on Canadian Prime Minister Justin Trudeau to agree on a deal to renew NAFTA and drop his insistence that no deal is better than a bad deal.
Signs are growing that hitherto solid domestic support for Ottawa’s stance is fraying amid fears of the potential economic damage. The United States takes 75 percent of Canada’s goods exports and President Donald Trump is threatening to impose tariffs on autos.
“The problem with the bold statement that ‘No deal is better than a bad deal’ is that a bad deal is very much in the eye of the beholder,” said John Manley, a former Liberal finance minister who heads the Business Council of Canada, which groups many chief executives.
“Anyone who thought ... we were going to get something better than what we had under NAFTA 1.0 was delusional. We knew that this was all about taking some things away,” Manley said by phone on Tuesday.
Doug Ford, the premier of Ontario - Canada’s most populous province and center of the auto industry - will meet Canadian negotiators on Wednesday to express his concerns.
“You’re all hearing the rumors that we are hearing, that maybe they don’t want a deal. So we’re going down there to say that ‘You bloody well need to get a deal’,” Ontario trade minister Jim Wilson said on Monday.
Trudeau’s Liberals have no chance of winning a federal election set for October 2019 unless they do well in Ontario.
https://www.reuters.com/article/us-trade...SKCN1LY2RY
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| 09-18-2018 10:05 PM |
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banker
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RE: Pretty Boy Trudeau getting pushed around.
Don't know what would make the leader of a tiny nation (population wise), that depends on the United States for over 30% of their economy, think he holds any cards.
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| 09-18-2018 10:28 PM |
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TechRocks
Heisman

Posts: 7,427
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RE: Pretty Boy Trudeau getting pushed around.
(09-18-2018 10:28 PM)banker Wrote: Don't know what would make the leader of a tiny nation (population wise), that depends on the United States for over 30% of their economy, think he holds any cards.
The answer is simple. He's a leftist. They can't comprehend how complex economies function. It's like Maduro in Venzeula. If inflation is so high that people can't afford to buy food, he just prints more money (digitally) and gives it to them. Problem solved, no?
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| 09-18-2018 11:20 PM |
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