Looks like Donald is not very good at the Art of the Deal when it comes to managing the US economy! The US pays higher taxes on imports with all his tariffs plus they are running massive deficits and have a total debt that exceeds 40 Trillion.
And the bond market has them at a higher risk with higher interest rates! The US fiscal management is looking eerily like Donny's bankruptcy record!
"Today’s bond markets tell a story. As The Atlantic’s David Frum noted this week, the U.S. must pay 5.17 per cent) to borrow money for 30 years, and Canada only 4.06 per cent “That’s quite a statement,” he said, “about which country commands more trust.”
In the global context, Mr. Trump’s disrespect for Canada is backfiring totally. It is translating to more international respect than we’ve had in ages. In standing up to Mr. Trump, albeit after appeasing him on the Gordie Howe Bridge, the digital services tax and other measures, Mr. Carney has enhanced his reputation as the leader of middle powers in resistance to him.
In this trade war there is no doubting where the dishonour lies. Mr. Trump had hailed the U.S.-Mexico-Canada Agreement he signed in 2018 as the greatest trade deal ever. Then he turned around and repeatedly charged Canada with ripping off his country. How is that supposed to meet requirements for rational thinking? From his preposterous premise, his attacks flowed."
Canada’s response to Donald Trump is a nation-defining moment
[url]https://www.theglobeandmail.com/opinion/article-canadas-response-to-donald-trump-is-a-nation-defining-moment/[/url]
And the bond market has them at a higher risk with higher interest rates! The US fiscal management is looking eerily like Donny's bankruptcy record!
"Today’s bond markets tell a story. As The Atlantic’s David Frum noted this week, the U.S. must pay 5.17 per cent) to borrow money for 30 years, and Canada only 4.06 per cent “That’s quite a statement,” he said, “about which country commands more trust.”
In the global context, Mr. Trump’s disrespect for Canada is backfiring totally. It is translating to more international respect than we’ve had in ages. In standing up to Mr. Trump, albeit after appeasing him on the Gordie Howe Bridge, the digital services tax and other measures, Mr. Carney has enhanced his reputation as the leader of middle powers in resistance to him.
In this trade war there is no doubting where the dishonour lies. Mr. Trump had hailed the U.S.-Mexico-Canada Agreement he signed in 2018 as the greatest trade deal ever. Then he turned around and repeatedly charged Canada with ripping off his country. How is that supposed to meet requirements for rational thinking? From his preposterous premise, his attacks flowed."
Canada’s response to Donald Trump is a nation-defining moment
[url]https://www.theglobeandmail.com/opinion/article-canadas-response-to-donald-trump-is-a-nation-defining-moment/[/url]
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