This week was a great week for Canada, Prime Minister Mark Carney had a huge successful trip to China. More than $1 trillion dollar agreement in trade has been signed. The tariffs China had imposed on Canada on seafood, lobster and agricultural project are lifted. We are dropping the 100% tariff on Chinese EV and we will allow 49,000 EV to enter Canada this year, this represents 3% of the total cars sold in Canada annually. It clearly appears that Prime Minister Carney is pursuing the agenda of shifting all our trade away from the USA. By 2030 Canada hopes to raise our trade by 50% with China. Currently China is our no. 2 trading partner. Canadians will also be able to travel to China visa free, which is a big plus. There are many more details, overall this was a very good week for our trade. In the last year PM Carney has signed many other trade deals with several other countries worth trillions of dollars.
The press in Canada were hoping the news of this trade deal would make Trump mad, it turns out he spent the week telling everyone how he needs nor want nothing from Canada. He also said he no longer wants the free trade deal which is 40 years old USMCA or CUSMA. Well then bye bye, Trump, we will go look elsewhere.
I love listening to the PBS Newshour and tonight Brooks and Capehart who present comments on the weeks news on Friday night, looked dejected with the news that Trump may invoke the Insurrectionist Act against Minnesota, something that has never happened in modern times. Both the Governor of Minnesota and the Mayor of Minneapolis are under criminal indictment because Trump does not like them, they have resisted ICE and with what is happening, this is becoming frightening. My impression is that the USA is sliding into a new Civil War. Trump is also insisting that he will invade Greenland. As Jonathan Capehart pointed out, Trump does not care what happens, it is all about him and what makes him happy. This looks more and more like a train wreck is slow motion.


















