Posted in

Carney is delusional if he thinks he can beat Trump in a trade war

Donald Trump’s threat to impose 50 per cent tariffs on certain Canadian goods, including alcohol, clothing and hockey sticks, became a reality earlier this month. The specific details of why the negotiations unravelled are still unclear, with both sides unsurprisingly pointing fingers at one another for being the culprit.

Yet, one thing has become surprisingly clear. Mark Carney, the Canadian prime minister, is delusional enough to believe his country will come out of this trade war from a position of strength. “We’re stronger now than when the United States started this trade war,” Carney told reporters at a press conference the day after negotiations fell apart.

Share