In a stunning turn of events, President Donald Trump’s ambitious trade strategy has unraveled, revealing a stark reality: his economic bluff has been called. As the July 9 deadline for new tariffs looms, the White House has shockingly failed to send tariff letters to Canada, a key player in the trade game. Instead, Trump has resorted to issuing letters to just 14 countries, a far cry from the 90 deals he promised, as markets react with skepticism and stocks tumble.
Mark Carney, the former Bank of Canada governor, has outmaneuvered Trump without uttering a word. While the U.S. president’s aggressive tactics aimed at dominating global trade have faltered, Canada’s calm and strategic approach has kept it out of the chaos. Carney’s decision to forgo confrontation and focus on unity has allowed Canada to negotiate on its own terms, aiming for the complete removal of all tariffs imposed by Trump.
The shifting deadlines and ongoing confusion surrounding Trump’s tariffs have left America’s allies bewildered and distrustful. From Japan to the EU, nations are stepping back from negotiations, watching as Trump’s credibility erodes. His chaotic announcements and last-minute extensions have not only damaged international relations but have also created a paralyzing uncertainty for American businesses, leading to a slowdown in hiring and investment.
As Trump grapples with the fallout of his failed tactics, Carney’s measured leadership stands in stark contrast. Canada is quietly forging ahead, building resilience and stability while the U.S. spirals into economic disarray. With the August 1 deadline approaching, the stakes are higher than ever. Will Trump finally deliver on his promises, or will the world witness the complete collapse of his trade ambitions? One thing is clear: in this high-stakes game, silence has become Canada’s most powerful weapon.