Ask 10 economists, you’ll get 10 different answers. But opinions are news now because we need to keep that train rolling in the new 24/7 news economy. My own opinion is that he “capitulated” to get the trade talks started again se he can get past that July 21st deadline and then proceed accordingly.
Yes, this hasn’t closed the door forever (as far as I can tell), and Carney doesn’t seem like an idiot, so I hold out hope this is some kind of maneuvering, and he’s still as “elbows up” as he was on the campaign trail.
I also think it gives him a small bit of leverage too. They can always be reinstated the taxes since it was a 2020(?) bill with a deferred effective date
Ask 10 economists, you’ll get 10 different answers. But opinions are news now because we need to keep that train rolling in the new 24/7 news economy. My own opinion is that he “capitulated” to get the trade talks started again se he can get past that July 21st deadline and then proceed accordingly.
Yes, this hasn’t closed the door forever (as far as I can tell), and Carney doesn’t seem like an idiot, so I hold out hope this is some kind of maneuvering, and he’s still as “elbows up” as he was on the campaign trail.
I also think it gives him a small bit of leverage too. They can always be reinstated the taxes since it was a 2020(?) bill with a deferred effective date
Yes if they don’t get what they want or Trump is unreasonable they can certainly bring them right back.
This is a huge bargaining chip, and the Americans know this too…
Carney hasnt given us a reason to not believe in his ways yet, as much as the conservative opposition scream foul before anything has begun.