White House Econ. Council Director Hassett: We have noticed that Mexico is serious about Trump's executive order -CNBC interview

Trump bear market open

No shit... We all did

It means that tariffs might not be imposed, so traders should get ready for the next tweet and adjust their positions accordingly.

CANADA APPEARS TO HAVE MISUNDERSTOOD THE LANGUAGE IN TRUMP'S EXECUTIVE ORDER

What could be misunderstood ?

Its all a master plan to Make America Great Again.

A hasty decision must be analyzed with patience

No misunderstanding here:

https://www.reuters.com/world/americ...fs-2025-02-03/

Well, you know, it's not like English is their primary language or anything...riiiight? *Sarcasm*

I mean, maybe they mistook his commentary to mean "there is a 25% tariff on all goods, except 10% on energy, with no way to avoid it unless they become our 51st state"? Not sure where they got THAT idea though....I mean, the language clearly states........oh, wait.....


What you will find later today is that the administration official MEANT Canada must have misunderstood the clause about retaliatory escalation (section (d) below)....because we are now putting a 75% tariff on all goods including energy and further escalating this trade war (at this point, that wouldn't surprise me )


(d) Should Canada retaliate against the United States in response to this action through import duties on United States exports to Canada or similar measures, the President may increase or expand in scope the duties imposed under this order to ensure the efficacy of this action.

Prices increases coming down the consumer pipeline in 3, 2, 1.

Look like Trump is afraid of Canada's counter tariff threat and is backtracking now. Never in a million years would i have thought Trudeau to have bigger balls than Trump.

Just a show, there will be no tariff

This comment was foreshadowing...

We can all see now Mexico is playing ball while Canada is digging in... China has hinted at playing ball while Euro seems to want to dig in as well...