Discussion
Much to everyone's surprise, Carney - the epitome of a "Davos Man" - responded to the Trump tariffs by traveling to Davos and giving a fiery speech denouncing Trump and declaring a "rupture" that left the old world order dead:
Carney promised that Canada would go "elbows up" against America, with retaliatory tariffs, blockades and boycotts of key US exports.
5/
@pluralistic
Tacos are pretty cheap.
renege = breaking promises
This should not be new, as this is how he also does business for decades.
In 2020, Donald Trump ripped up NAFTA, a trade deal that conferred a huge advantage to the USA at Canada's expense, and replaced it with CUSMA, a trade deal that was *even more* advantageous to America, and even *worse* for Canada. In 2024, after being elected for the second time, Trump publicly railed against CUSMA using the exact same language he'd used to decry NAFTA, branding it "a very bad deal" that needed to be shredded and renegotiated.
2/
To that end, Trump declared sweeping tariffs on Canada's exports, thereby raising the costs Americans paid for many everyday goods, because while Canada does not ship a lot of finished products to the US, it is a key supplier of parts and materials, all of which were made instantly more expensive thanks to the Trump tariffs. Trump went on to insist that Canada should annex itself to the US, becoming the "51st State."
3/
His operatives openly meddled in Canadian separatist movements, backing the "Wexit" partisans who want to separate the oil-rich, boom/bust-plagued province of Alberta from Canada.
CUSMA was negotiated by Justin Trudeau's government, and Trump II's tariff war landed on Trudeau's successor, Canadian Prime Minister Mark Carney, billed as a technocratic safe pair of hands who could be relied upon for sober, effective leadership.
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Much to everyone's surprise, Carney - the epitome of a "Davos Man" - responded to the Trump tariffs by traveling to Davos and giving a fiery speech denouncing Trump and declaring a "rupture" that left the old world order dead:
Carney promised that Canada would go "elbows up" against America, with retaliatory tariffs, blockades and boycotts of key US exports.
5/
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