So, after 17 months of "Elbows Up" and "I'm the only guy who can deal with Trump", it's basically "Tits Up" at this point.
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| Carney's current negotiating position. |
Carney has been an abject failure. Frankly, I think he took a hissy fit when J.D. Vance's private hot mike comments were leaked. Vance said Carney thought he could "out tough" Trump. He laughed at him, talking about how he puffed himself up and tried to get the tariffs lifted.
Carney's position was basically a stupid one. He said it was "All tariffs lifted, or no deal." As I have said before, that was a stupid position because it was impossible. Now Greer is blaming Canada and Carney is blaming the U.S. But when Carney heard Vance mocking him, he couldn't take it. Carney's problem is he has 'Duck's disease': His ar-e is basically too close to the ground, rendering him overly-sensitive.
The other problem was while he was vacationing in Tuscany with Brookfield CEO Bruce Flatt, negotiations were at their most fraught,. Carney very unwisely chose to stay in his Italian villa.
So dumb.
But Trump also needs a history lesson. He has apparently forgotten the 'Smoot-Hawley Tariff Act', of 1930, which put huge tariffs on a whole range of things. How long did it take for those tariffs to be lifted? Sixty years! That Act, which triggered a destructive global trade war, only raised tariffs 20 percent, yet still caused international trade to collapse and deepened the economic crisis.
We're in much worse shape, with 50 percent tariffs on a whole range of goods and services. Will all the Liberals still drinking Karney Koolaid wake up? I doubt it.








