📺 Legacy media USMCA negotiation reporting has been all over the map. Everything from the impacts of blowing up the trade deal to full-scale retaliation if the 50% tariff is imposed. A few truths: 1⃣ Although this is headline news in 🇨🇦, the 🇺🇸 DOES NOT CARE about it.... There’s no media coverage. Bluster about 🇨🇦 hitting back is all for internal consumption. This is just another day at the office for USTR Jamieson Greer. He has dozens of trade deals (not MOUs) incorporating tariffs. 2⃣ 🇨🇦 dropping the auto tariffs, booze bans & opening up supply mgmt is the minimum to avoid the 50% tariffs. 3⃣ If a deal is reached before August 19, it’s just the beginning. 🇨🇦 gets the access that 🇲🇽 has for more detailed talks dealing with rules of origins, forced labour in supply chains & other issues culminating in an interim agreement that will likely be reviewed annually. 4⃣ If a deal is not reached before August 19, USMCA doesn’t end. The 232 and 301 tariffs remain & the pain of more tariffs, potentially from both sides, begins. 🇨🇦 has far more to lose than the 🇺🇸 if this happens. 💪 Here’s the power dynamic in plain terms. The 🇨🇦 team has ALWAYS gone to the 🇺🇸. They’ve never come here. Thx cbcwatchershow more

RMC86

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