jeudi 3 avril 2025

THE TARIFF WAR

THE TARIFF WAR - 
By Bernard Bujold - 
Prime Minister Mark Carney has responded to the U.S. tariffs by imposing the same tariffs on American automobiles, but Carney considers that Canada has been spared reciprocal tariffs and he does not intend to attack the U.S. on this front. If elected on April 28, the Carney government will begin negotiations with the U.S. for a new complete trade agreement. According to Carney, the Donald Trump administration's tariffs are changing the global trade landscape, but we need to adapt, and he believes that we will never return to the globalism of recent years. The modern economy will become protectionist, and we'll have to live with that reality.

mercredi 2 avril 2025

THE LIBERATION DAY

THE LIBERATION DAY... 
By Bernard Bujold -
Donald Trump spared Canada in his new tariffs, but he is changing the economic map of the entire world with his protectionist tariff announcement on Wednesday, April 2. According to Canada's Prime Minister, Mark Carney, the whole world will have to adjust to the U.S. economic plan and develop independent economies. Carney will be meeting Canada's various political authorities in the next few days, after which he will announce his government's strategies. 
Observers agree that the big winner of the day is Carney and his election campaign. Trump's retreat from Canada takes all the campaign angles away from Pierre Poilièvre. 
To be continued. 
SEE THE REPORT THE WALL STREET JOURNAL 

mardi 1 avril 2025

THE WORLD ECONOMY IN 2025

BARRIERS TO TRADE RISE ALL AROUND THE WORLD-
By Bernard Bujold - 
It is not Donald Trump who started the trade war but he jumped on the train. All the economists know that the whole planet is actually in a trade war that was never seen in decades. That is why Mark Carney said that the commercial relation between Canada and the United States will never be as before because he knows that all world governments worldwide have changed from globalist to protectionist. Donald Trump is not the creator of the tariff but a follower of a trend... 
See the full story in the WALL STREET JOURNAL 
https://www.wsj.com/economy/trade/trade-war-explodes-across-world-at-pace-not-seen-in-decades-0b6d6513?st=h427mQ&reflink=desktopwebshare_permalink