Trump says US may not reach trade deal with Canada | Metals Mine

  • Trump says US may not reach trade deal with Canada

    From bbc.com

    US President Donald Trump has said he does not expect to reach a trade deal with Canada, after he gave the country a deadline of 1 August to carve out an agreement. "We haven't really had a lot of luck with Canada," Trump told reporters ahead of his trip to Scotland on Friday. "I think Canada could be one where there's just a tariff, not really a negotiation." His remarks come after Canadian Prime Minister Mark Carney signalled earlier this week that Canada "will not accept a bad deal" and rush into an agreement. Canada is among several countries given an August deadline by Trump as part of his global tariff strategy ... (full story)

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Vancarbon
Jul 25, 2025 2:32pm
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Where’s the volatility indicator ?

This would have taken a 100 SP points off previously!

Complacency rules.
Reply
FXKhaos
Jul 26, 2025 2:01am
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Quoting Trader#833D
{quote} Canada is already looking to for deals with other countries. They will no longer depend on USA a lot. No one is, every country is looking wherever they want.
"Necessity is the Mother of Invention."
Watch the "Mothers" of the world forge new links, ties, alliances, etc., most world leaders are mature, intelligent adults that understand their priorities and what's good for their respective countries and people.
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LightchaserG
Jul 25, 2025 3:24pm
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I wish the EU, China, Japan, and Canada would stand their ground and fight the bully. TACO the criminal, i only seen deals to make his personal wealth stronger! IMO anyways.
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TimmyBTrades
Jul 25, 2025 3:04pm
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USCMA exemption is doing some heavy lifting here, I think that explains the lack of urgency
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Trader#833D
Jul 25, 2025 2:58pm
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Quoting Trader#625D
Canada is slow playing for some reason, they will end up with a deal like all the rest at some point. No one has the stomach for a trade war. Canada has to make a deal because virtually everyone else already did, they can’t fight back by themselves. Any words out of either side are fake, a deal like the rest will come out of this. Markets know what is happening and are priced appropriately, only an unexpected shock can derail that.
Canada is already looking to for deals with other countries. They will no longer depend on USA a lot. No one is, every country is looking wherever they want.
Reply
Trader#625D
Jul 25, 2025 2:50pm
Permalink
Canada is slow playing for some reason, they will end up with a deal like all the rest at some point. No one has the stomach for a trade war. Canada has to make a deal because virtually everyone else already did, they can’t fight back by themselves. Any words out of either side are fake, a deal like the rest will come out of this. Markets know what is happening and are priced appropriately, only an unexpected shock can derail that.
Reply
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