this post was submitted on 05 Mar 2025
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Summary

U.S. Commerce Secretary Howard Lutnick said Trump will "probably" announce a tariff reduction deal with Canada and Mexico, tying it to their efforts to curb fentanyl trafficking.

However, Canada’s Foreign Minister Mélanie Joly denied any discussions, stating her office hadn’t been contacted about the plan.

Canada and Mexico imposed retaliatory tariffs after the U.S. enacted 25% levies.

Prime Minister Trudeau condemned Trump’s tariffs as "very dumb" and accused him of attempting to "collapse the Canadian economy" to enable annexation, vowing, "We will never be the 51st state.

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[–] [email protected] 50 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

This is literally the opposite of a pump and dump scheme. Trump is intentionally tanking the market to enrich himself and his group of oligarch cronies that sold at the highest point and will buy back into the market before he announces the tariffs gone.

Insider trading while manipulating the market as a whole. Open corruption at the highest level.

[–] [email protected] 9 points 2 weeks ago

Maybe if we peacefully occupy some sidewalk that these oligarchs never walk on for another 40 years, that'll teach them!

[–] [email protected] 1 points 2 weeks ago (1 children)

Isn't it still a pump'n'dump? As the Big Cheese, the man can just keep repeating the cycle as long as it suits him.

[–] [email protected] 2 points 2 weeks ago

It’s more like a dump'n'pump I guess.

[–] [email protected] 44 points 2 weeks ago (1 children)

I hope they don’t. Please see straight through this giant toddler and show him that actions have consequences. Do not negotiate.

Teach him a lesson that the US is refusing to teach him.

[–] [email protected] 2 points 2 weeks ago (4 children)

That's a mighty dangerous game. Two things will happen if this will happen:

  1. Your economy will collapse. Some crucial US goods and services are the only game in town.
  2. US will turn away from it's old western allies towards the autocratic countries of the world.
[–] [email protected] 32 points 2 weeks ago

The US is clearly already turning away from allies, and running right into the arms of Russia

[–] [email protected] 23 points 2 weeks ago* (last edited 2 weeks ago)

it's already doing that, in order to meet them in the middle we'd have to believe they were doing it in good faith which they aren't

[–] [email protected] 14 points 2 weeks ago (1 children)

Seems a dumb move to surround yourself with enemies at your borders and turn to an ally who is across the ocean, over what exactly?

[–] [email protected] 5 points 2 weeks ago* (last edited 2 weeks ago)

a desire to inflict his psychosis on the world? chaos in a system offers the best opportunity to "win bigley" with the commensurate loss borne by the non-billionaire class.

crazy on a ship of fools.

[–] [email protected] 10 points 2 weeks ago* (last edited 2 weeks ago)

Economy won't collapse. New customers, and sources can be found. US already turned into an autocratic countries under Trump.

so it is non issue.

[–] [email protected] 31 points 2 weeks ago (1 children)

Any probable actions are reading tea leaves. The idiot is unstable and cannot be trusted. Tariffs could be gone tomorrow and back again Friday.

[–] [email protected] 2 points 2 weeks ago

Rework the terrorism color coding for his temperament on a daily basis...

[–] [email protected] 31 points 2 weeks ago (1 children)

Why would Canada, or any country for that matter, trust what we say now?

[–] [email protected] 3 points 2 weeks ago

We are turning away from US (i am talking popular opinion here in NL) like nothing we have seen since the end of ww2.

[–] [email protected] 29 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Canada needs to stick to the tariffs until US stops smuggling drugs and guns into Canada!

Trump did it unilaterally, so no discussion anymore.

[–] [email protected] 5 points 2 weeks ago* (last edited 2 weeks ago)

Canada should coordinate with Mexico to tariff the US until they stop smuggling firearms to Mexican cartels

[–] [email protected] 22 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Don't meet in the middle.
His middle is never in the middle of both sides.
He didn't like NAFTA, he cancelled it and force Canada and Mexico to accept a better deal for him by putting tariffs.
Even his deal is not good enough, so he put tariffs again.
If you meet him in the middle, he'll take more.
We have to make sure that everyone feels the maximum pain whenever he uses tariffs to force his will so he'll learn that it's not a good idea to bully other countries.

[–] [email protected] 1 points 2 weeks ago (3 children)

Don't you fear that it'll be seen as escalatory?

[–] [email protected] 13 points 2 weeks ago

Trump kinda made that too late

[–] [email protected] 9 points 2 weeks ago (1 children)

As a Canadian: no. Sick of this shit and I don’t care how it’s seen by him. He’ll just make up a reason for us “escalating” even if we don’t anyway

[–] [email protected] 2 points 2 weeks ago

The right move for Canada and Mexico is to pay the bill up front and move enough trade to other countries so USA will never be able to use strong-arm tactics again.

And that's what's happening, Europe is very interested in Canada and I hope Mexico will also get a piece of that.

[–] [email protected] 9 points 2 weeks ago

And Dump isn't being escalatory?

[–] [email protected] 21 points 2 weeks ago

Eat shit rump.

[–] [email protected] 12 points 2 weeks ago

Trump never sticks to his words so the concept of a middle doesn't exist when he will go back on whatever he says over and over and over. Wish countries would just unite to sanction the US and isolate it.

[–] [email protected] 5 points 2 weeks ago

Geographically perhaps....

[–] [email protected] 2 points 2 weeks ago