Carney: Some US Tariff Relief Deals Are Worthless
It’s a pretty bold statement when Mark Carney, former Governor of the Bank of Canada and the Bank of England, declares that some of the tariff-relief deals hammered out with the United States are essentially worthless. He’s basically signaling to the world, and particularly to Ottawa, that Canada has seen through the game. The asymmetry of these deals is now starkly apparent, and Canada isn’t interested in trading symbolic victories that vanish with the next news cycle. He candidly mentioned that many countries rushed into agreements with the U.S., only to find them not worth the paper they were written on, a sentiment that echoes a growing frustration among global partners.… Continue reading
Matt Underwood