Trump pauses tariffs on Canada for at least 30 days, Trudeau says

https://www.cnbc.com/2025/02/03/trump-canada-tariffs-trudeau.html

41 comments

  1. This has been a colossal waste of resources all for nothing to happen. Companies across North America have been scrambling due to the uncertainty; I wonder what the total cost is of all the man-hours dedicated to this.

  2. I wish we still kept the tariffs on our side. I’m so fed up with Trump

  3. Fine. Let’s not give up on the buy Canadian idea, however. Buddy down South is still a fucking clown.

  4. Cat’s out of the bag. America cannot be trusted.

  5. What was that all for then? What’s he getting out of this? Mexico or I sort of get (in terms of the ‘deal’ he’s just got out of then), Canada less so.

  6. Asshole caved so hard.

    Canada gave up NOTHING it had not already promised last week.

  8. Although Trump’s description is a little different. When pressed what Canada could do to avoid tariffs, he once again said to become the ’51st state’.

  9. This was all a giant fucking waste of time and misdirection to allow Elon to crack into the Treasury over the weekend. Trump is playing political sleight of hand.

  10. Cause of the $1.3B plan that was proposed in December lol

  11. Great so now the entire economy of both countries will sit nervously at the edge of their seats waiting for next month before they decide what to do. And in the meantime still pre emptively raise their prices because the threat isn’t gone it’s just delayed.

    Before we know it, next month will roll around and we will be back to the same spot.

  12. Tank the stock market.

    Buy stuff on the cheap.

    Undo the thing that caused the stock market to tank.

    Claim victory while lining your pockets as stocks go back up.

  14. Oh God.

    *His fanbase is going to be so fucking insufferable.*

    *Just kill me now. Spare me. lol*

  15. Of course he’s backtracking after the retaliation he felt through the world.

  17. I hope American liquor is still off the shelves until the threat is completely gone.

  18. What a fucking clownshow. 🤡

    This is absolutely no way to run a country. What the fuck is wrong with this guy.

  19. So he’ll extort us more in 30 days, got it.

    May Trump develop ass cancer.

  20. Chaos is the point. When you stop reacting to the insanity, they can operate with impunity. Nothing becomes too much to tolerate.

    The world has to learn to turn off the spigot and stop compromising. Until the pain is felt, the pressure won’t stop.

  21. “I have a concept of a plan!”

    Cannot believe people voted for him.

  23. A masterclass in destroying a centuries worth of friendship in one weekend. Way to go buddy.

  24. > appoint a Fentanyl Czar

    I can’t even, it’s comedy at this point.

  25. In other news.

    Americans have wiped out an average of 17% of this month’s allotted data plan in less than 24 hours.

  26. Canadians motivated more than ever to not buy or travel to America the next 4 years. Trump took a massive L on this. Canada is giving up nothing here and all trump tariffs talk amounts to nothing.

  28. I got downvoted for this a week ago, but predicted this

    Trump doesn’t want a trade war. He wants to appear strong so he can claim he beat Mexico and Canada into concessions which will actually be superficial. This makes him even more popular, feeds into his need to be the center of attention, but most importantly distracts from the other things he is doing to make America worse.

    What does Trump gain from brining the economy down and pissing off his actual masters? Nothing. But he gains so much with this fake trade war.

  29. This is all a smokescreen for all the other terrible shit he’s doing

  30. His comments about not needing Canada or Canadian goods today were rather hurtful, but then he goes and says they might as well become a state. It’s confusing. He also said there was nothing in Canada could do to stop the tariffs and then this happens.

  31. Canada installing a “Fentanyl Czar” is the only new concession. You can’t make this stuff up. Gotta give Trump something he can claim as a win to his base I guess.

    Canada will not forget this stunt.

  32. As a Canadian I have still decided to boycott American products and anything to do will the U.S. thank you for uniting us Canadians Trump! This will prove to be a huge misstep in the future for you.

  33. Outstanding. Canada and Mexico will do things they were already going to do and all it cost the US was it’s reputation as a dependable trading partner.

  34. >start trade war with neighbours for no fucking reason

    >desperately negotiate last second deal to stop tariffs

    >deal is a nothingburger that changes nothing

    >nothing has changed exept everyone hates you and the USA

    Average Trump FoPo “win”

  35. Saw this on r/Iowa

    “I’m going to get a little wonky and write about Donald Trump and negotiations. For those who don’t know, I’m an adjunct professor at Indiana University – Robert H. McKinney School of Law and I teach negotiations. Okay, here goes.

    Trump, as most of us know, is the credited author of “The Art of the Deal,” a book that was actually ghost written by a man named Tony Schwartz, who was given access to Trump and wrote based upon his observations. If you’ve read The Art of the Deal, or if you’ve followed Trump lately, you’ll know, even if you didn’t know the label, that he sees all dealmaking as what we call “distributive bargaining.”

    Distributive bargaining always has a winner and a loser. It happens when there is a fixed quantity of something and two sides are fighting over how it gets distributed. Think of it as a pie and you’re fighting over who gets how many pieces. In Trump’s world, the bargaining was for a building, or for construction work, or subcontractors. He perceives a successful bargain as one in which there is a winner and a loser, so if he pays less than the seller wants, he wins. The more he saves the more he wins.

    The other type of bargaining is called integrative bargaining. In integrative bargaining the two sides don’t have a complete conflict of interest, and it is possible to reach mutually beneficial agreements. Think of it, not a single pie to be divided by two hungry people, but as a baker and a caterer negotiating over how many pies will be baked at what prices, and the nature of their ongoing relationship after this one gig is over.

    The problem with Trump is that he sees only distributive bargaining in an international world that requires integrative bargaining. He can raise tariffs, but so can other countries. He can’t demand they not respond. There is no defined end to the negotiation and there is no simple winner and loser. There are always more pies to be baked. Further, negotiations aren’t binary. China’s choices aren’t (a) buy soybeans from US farmers, or (b) don’t buy soybeans. They can also (c) buy soybeans from Russia, or Argentina, or Brazil, or Canada, etc. That completely strips the distributive bargainer of his power to win or lose, to control the negotiation.

    One of the risks of distributive bargaining is bad will. In a one-time distributive bargain, e.g. negotiating with the cabinet maker in your casino about whether you’re going to pay his whole bill or demand a discount, you don’t have to worry about your ongoing credibility or the next deal. If you do that to the cabinet maker, you can bet he won’t agree to do the cabinets in your next casino, and you’re going to have to find another cabinet maker.

    There isn’t another Canada.

    So when you approach international negotiation, in a world as complex as ours, with integrated economies and multiple buyers and sellers, you simply must approach them through integrative bargaining. If you attempt distributive bargaining, success is impossible. And we see that already.

    Trump has raised tariffs on China. China responded, in addition to raising tariffs on US goods, by dropping all its soybean orders from the US and buying them from Russia. The effect is not only to cause tremendous harm to US farmers, but also to increase Russian revenue, making Russia less susceptible to sanctions and boycotts, increasing its economic and political power in the world, and reducing ours. Trump saw steel and aluminum and thought it would be an easy win, BECAUSE HE SAW ONLY STEEL AND ALUMINUM – HE SEES EVERY NEGOTIATION AS DISTRIBUTIVE. China saw it as integrative, and integrated Russia and its soybean purchase orders into a far more complex negotiation ecosystem.

    Trump has the same weakness politically. For every winner there must be a loser. And that’s just not how politics works, not over the long run.

    For people who study negotiations, this is incredibly basic stuff, negotiations 101, definitions you learn before you even start talking about styles and tactics. And here’s another huge problem for us.

    Trump is utterly convinced that his experience in a closely held real estate company has prepared him to run a nation, and therefore he rejects the advice of people who spent entire careers studying the nuances of international negotiations and diplomacy. But the leaders on the other side of the table have not eschewed expertise, they have embraced it. And that means they look at Trump and, given his very limited tool chest and his blindly distributive understanding of negotiation, they know exactly what he is going to do and exactly how to respond to it.

    From a professional negotiation point of view, Trump isn’t even bringing checkers to a chess match. He’s bringing a quarter that he insists of flipping for heads or tails, while everybody else is studying the chess board to decide whether its better to open with Najdorf or Grünfeld.”

    — David Honig

  39. Oooh look everybody, the stock markets around the world have gone back up…I did that what a fucking prick

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