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.

  • Lit@lemmy.world
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    23 hours ago

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

    Trump did it unilaterally, so no discussion anymore.

    • Cpo@lemm.ee
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      8 hours 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.

  • torrentialgrain@lemm.ee
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    1 day ago

    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.

  • puppinstuff@lemmy.ca
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    1 day ago

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

    • ATDA@lemmy.world
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      13 hours ago

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

  • Makeshift@sh.itjust.works
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    1 day ago

    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.

    • IcePee@lemmy.beru.co
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      1 day ago

      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.
      • spinhoser@lemmy.ca
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        1 day ago

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

      • Franklin@lemmy.ca
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        1 day 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

      • Lit@lemmy.world
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        23 hours ago

        Economy won’t collapse new customers, and sources can be found. US already turned to autocratic countries under Trump.

        so it is non issue.

      • twistypencil@lemmy.world
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        1 day ago

        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?

        • qprimed@lemmy.ml
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          1 day 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.

  • rxbudian@lemmy.ca
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    1 day ago

    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.

      • NotSteve_@lemmy.ca
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        21 hours ago

        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

        • BananaOnionJuice@lemmy.dbzer0.com
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          18 hours 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.

  • stardust@lemmy.ca
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    1 day 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.