Just when we thought we were out, he pulls us back in

I'm sick and tired of talking about tariffs. 

Aren't you? 

But here we go again -  just when we started to think there might be some kind of progress toward some kind of agreement, Trump throws another spanner into the works.

Tariffs on, tariffs off, tariffs waaaay up, tariffs sharply down. America, your president is governing your country the way I would try to land a plane.

— Tabatha Southey 🇨🇦 (@tabathasouthey.bsky.social) July 7, 2025 at 4:45 PM

Congrats everyone, we now have 35% tariffs on Canada for no apparent reason

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— Catherine Rampell (@crampell.bsky.social) July 10, 2025 at 7:34 PM

And this is on top of the copper tariffs announced yesterday:

CAN SOMEONE PLEASE EXPLAIN TO THIS IDIOT WHAT A TARIFF IS AND WHO'S PAYING THE TARIFF 🤡🤣 JESUS CHRIST THIS IS FUCKING EMBARRASSING 🤡🤣 pic.twitter.com/fd2VLsw3Oo

— Glenn Tunes (@glenn_tunes) July 10, 2025

I feel like this now too:

me trying to figure out what's going on with the tariffs

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— Joey Politano🏳️‍🌈 (@josephpolitano.bsky.social) July 9, 2025 at 1:51 PM

Here is Carney's reply:

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“The US is harming themselves with these tariffs. It takes some time for that to filter through. Just like it took sometime for the impacts of Brexit to filter through the UK economy. I have seen this movie before. I know exactly what’s going to happen.” — Mark Carney Prime Minister of Canada 🇨🇦

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— 🍁🇨🇦Team Canada Forever🇨🇦🍁 (@teamcanadaforever.bsky.social) July 10, 2025 at 8:19 PM

It really is this stupid, isn't it:

My plan to revive American manufacturing is to: raise the price of inputs like steel, aluminum & copper; create shortages of rare earths; invite retaliatory tariffs; cut R&D; raise borrowing costs by blowing out the budget; and to cover it all in a thick cloud of uncertainty.

— Justin Wolfers (@JustinWolfers) July 10, 2025

But it has nothing to do with America either - its really just all about Trump:

the reason Trump keeps flirting with tariffs and will continue to keep flirting with tariffs is that he is making money off of doing so, likely both from frontrunning the market and from outright bribery.

— post malone ergo propter malone (@proptermalone.bsky.social) July 10, 2025 at 7:47 PM

They aren't even hiding it anymore.

NASDAQ futures start *aggressively* selling off at 7:52 PM (green circle) for no reason whatsoever.

Trump announces tariffs on Canada, Europe, and the rest of the world at 8:06 PM (blue circle).

NASDAQ bottoms *4 minutes* later at 8:10 PM… pic.twitter.com/URe5iXP543

— Spencer Hakimian (@SpencerHakimian) July 11, 2025

Here's a fascinating article on Substack:
Woodsnake2025 / Alaen

How Six Countries Helped Canada Escape U.S. Tariffs
In early 2025, Canada faced steep U.S. tariffs and found new markets through partnerships with six diverse nations.
In January 2025, Washington imposed sudden 25 percent duties on Canadian steel, aluminum and advanced manufacturing goods. Overnight, billions of dollars in exports were at risk. Jobs and entire industries teetered on the edge. Many expected Canada to buckle under pressure. Instead, Ottawa pivoted fast and went global, reaching out to partners beyond its southern neighbor. Six countries answered the call—each for different reasons: strategy, solidarity or shared values. Together, they reshaped Canada’s trade routes, energy ties and diplomatic posture. What follows is a clear-eyed look at how the United Kingdom, Germany, Japan, Australia, Vietnam and Mexico kept Canada afloat—and what they gained in return....

The article continues with details of each country's trade benefits. The concluding paragraphs:

...in the face of an abrupt U.S.-Canada tariff war, six nations proved that strategic partnership and diplomacy can outmaneuver economic coercion. The United Kingdom offered rapid market access and a push for a new bilateral deal. Germany leveraged its manufacturing might and WTO influence to shield Canadian exporters. Japan opened high-tech procurement channels and backed Ottawa’s push for modern trade rules. Australia fast-tracked energy cooperation, financing and diplomatic support to strengthen Canada’s Indo-Pacific pivot. Vietnam emerged as a dynamic new market and advocate for a Canada-ASEAN trade pact. Mexico maintained cross-border trade flows and forged a quiet but consequential framework on clean energy collaboration.
Together, these alliances did more than plug gaps. They rewrote the rules of engagement, showing that no single power can dictate global commerce. They underscored the importance of diversification, trust and shared values in a fracturing world economy. For Canada, the lesson is clear: reliance on one partner invites vulnerability. Building resilient, multipolar networks isn’t just good policy—it’s essential for survival in an era of economic brinkmanship. ...