It was and still is the most obvious conclusion of this. He's a person who hates free trade, and it's a free trade agreement.
The game for the federal government has basically been to trick him into signing on anyway, or at least delay him leaving.
this post was submitted on 10 Jun 2026
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And we need to steel ourselves for the "CARNEY DID IT - TINY PP WOULD HAVE BROUGHT IT HOME NOW WE CAN'T HAVE KRISPY KREME AND CHICK-FIL-A ...." - I think people don't fully appreciate that the only way to divest ourselves from Trump's insanity and vagaries w.r.t. oh anything is to make new friends, new alliances, and accept the extreme difficulty that comes with that which means Depression-era relief and strong investment in other partners and no, this won't bear fruit in one election cycle or even one quarter, not even in one year. In today's misinformation hellhole people literally hang on to every even vague word and go into a rage if their cable bill isn't lowered. There's no easy way to do this.
Today's edition of: Trump Said Something Dumb Again For Attention
More like market manipulation for personal gain.
Why bother reporting what Trump says? It's not usable information unless it's said to manipulate markets.
Hmm, are you actually trading on this, then?
I've been looking at oil futures actually believing Trump, and then correcting back when he's full of shit, and thinking maybe this is a rare case where the market could be timed.
But it was said to manipulate markets...
There's your problem, the subject and verb in that sentence never align
And Canada cheered, hopefully our politicians are able to find a way out of it before that though.
CUSMA is going away and while business won't end between the US and Canada, it will plummet. Look to CETA/CPTPP/MERCOSUR, and our other FTA's for growth. Alter your supply chains away from the US, reduce the pressure point leverage they have. Don't view this as doom and gloom, but as a time to pivot and woo the opportunities the US chases away. We have what the world needs.
That would be cataclysmic for the economy of all three nations. Truly an unforced error. I really think it's just bluster though.
He's saying it because he thinks he can get more concessions from both countries if he threatens to tank the deal.
Particularly Mexico. We have options, at least.
So what you're saying is we should all be preparing for the worst because doing the absolute worst most self-destructive thing possible is exactly what Trump does in almost every circumstance and always has.
Yes regardless of bluster or not we should be divesting from US trade and diversifying with other partners.
It's not bluster, the moron wants to end free trade with everyone in favour of his tariff regime.
MCA it is.
Like the TPP, the problems went away as soon as the US left.
While this would be pretty awful in the short term, both Canada and the US would greatly benefit long term from bringing heavy manufacturing back to each respective country from Mexico. Mexico would be pretty fucked though, since they've been the primary beneficiary of both NAFTA and USMCA (comparatively, excluding us companies.)
So basically, you agree with Trump. When you buy stuff from a foreign country you're losing.
In this instance, I agree with the affectation he has decided to cosplay for entirely different reasons against the advice of all of his corporate masters.
When you buy from a foreign country what can be made in your country, you are directly causing the loss of well-paid jobs in your country, and aiding the exploitation of a developing country (statistically.)
There's a reason China has done so well while the entirety of the western world has become worse for the average inhabitant. Every time a job is outsourced, every time you buy that foreign thing that could've been made at home, you are directly enriching another country and that money will never be seen in your country ever again. You do that enough times and hey, you have stretches of countryside full of small ghost towns that decayed after the employer had to shut down, and no social mobility.
One could argue, but it'd basically be repeating all the same free trade debates that have happened in the past. Anyone unfamiliar with the counterargument can search "balance of payments" or "comparative advantage". It has to do with how those Canadian dollars you spent on whatever exporter eventually come back to the mint, basically.
What might be news to people is that China's had the most K-shaped economy of all, since about 2000. Sure, they have manufacturing jobs... that you'll never, ever work your way out of. And then a few million people out of 1.5 billion who have the connections, and can afford a Western-ish style of living.