Today's edition of: Trump Said Something Dumb Again For Attention
this post was submitted on 10 Jun 2026
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More like market manipulation for personal gain.
It was and still is the most obvious conclusion of this struggle. He's a person who hates free trade, and it's a free trade agreement.
The game for our federal government has basically been to trick him into signing on anyway, or at least delay him leaving.
Edit: I should mention he can't just withdraw the normal way without congress, which makes it easier for us.
And we need to steel ourselves for the "CARNEY DID IT - TINY PP WOULD HAVE BROUGHT IT HOME NOW WE CAN'T HAVE KRISPY KREME AND CHICK-FIL-A ...." - I think people don't fully appreciate that the only way to divest ourselves from Trump's insanity and vagaries w.r.t. oh anything is to make new friends, new alliances, and accept the extreme difficulty that comes with that which means Depression-era relief and strong investment in other partners and no, this won't bear fruit in one election cycle or even one quarter, not even in one year. In today's misinformation hellhole people literally hang on to every even vague word and go into a rage if their cable bill isn't lowered. There's no easy way to do this.
I mean, that's basically the government's official policy right now, and they're doing well in the polls.
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It was NAFTA then he cancelled that and created a new agreement in his first term, now he doesn't like his own deal. This guy is literally the worst
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Why bother reporting what Trump says? It's not usable information unless it's said to manipulate markets.
But it was said to manipulate markets...
Hmm, are you actually trading on this, then?
I've been looking at oil futures actually believing Trump, and then correcting back when he's full of shit, and thinking maybe this is a rare case where the market could be timed.
Oh, god, don't trade on anything he says. The trades have already happened, they could be lining up a short right after selling their longs, or vice versa, and then he'll say something else to send it in the opposite direction.
Yeah, usually that's true of anything you could trade on. Either the facts are already priced in or the irrationality could last longer than any available options contract (like with the AI bubble).
If I had been trading at certain critical moments recently I would have made a profit, though.
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Almost certainly the dumbest president the USA has ever had.
And that includes Wilson after his stroke, and Kennedy after he was shot.
"The three countries need to approve a renewal of their existing agreement by July 1 or signal their intention to exit the pact, a process that would take 10 years and would buy time for alterations."
I feel like nobody is understanding this part
Why assume that they will abide by that?
If the rules of the agreement don't matter anyway, then why is Trump bothering to talk about not renewing it?
then why is Trump bothering to talk about not renewing it?
Because he has a pathological need to see his name in the headlines on a daily basis.
Maybe, but I think it's more that his only negotiation tactic is to threaten to do something drastic, like cancelling "the deal" (or military attack), then wait for weakness/capitulation to push for more concessions. Over and over again.
I agree that seems to be his signature move.
And it hasn't occurred to him that anyone (or everyone) might figure it out...
That would be cataclysmic for the economy of all three nations. Truly an unforced error. I really think it's just bluster though.
So what you're saying is we should all be preparing for the worst because doing the absolute worst most self-destructive thing possible is exactly what Trump does in almost every circumstance and always has.
Yes regardless of bluster or not we should be divesting from US trade and diversifying with other partners.
He's saying it because he thinks he can get more concessions from both countries if he threatens to tank the deal.
It's like negotiating with a terrorist. It is all in bad faith and his goal is to terrorize, not make a deal. His deals are not even worth the paper they are printed on. We should tell them to pound sand, they will only make a deal that is a zero-sum where they are in the positive.
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It's not bluster, the moron wants to end free trade with everyone in favour of his tariff regime.
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CUSMA is going away and while business won't end between the US and Canada, it will plummet. Look to CETA/CPTPP/MERCOSUR, and our other FTA's for growth. Alter your supply chains away from the US, reduce the pressure point leverage they have. Don't view this as doom and gloom, but as a time to pivot and woo the opportunities the US chases away. We have what the world needs.
He's following the same stupid playbook his whole life: pretend you dont want the deal, shit on everything.
Meanwhile.... it's 2026 and Canada and Mexico just need to kick the ball forward for 24 months. You think someone who won a FIFA medal would appreciate that.
That’s OK. China will happily sign an economically beneficial agreement with them and the US will get fucked again by trump’s stupidity.
The free trade deals with low income countries should be renegotiated. Obviously prez is the last one to improve them. But the part about investors being able to sue a country for lost profits if government cancels their business plans needs to be removed as well.
This is a union issue, and a human rights issue. The president co opted it, and now every dumbass liberal defends the unfair trade system because the dumbass president is crittizing it. And that's why liberal fucking lose.
Allowing foreign countries to let our corporations outsource labor and pay them starvation wages and pollute to sell those goods back here has destroyed this country, and handed the previous gains of working people back to the bosses.
There should be no tariffs on goods from countries with adequate labor, environmental, and human rights standards, candad and europe there should be none. SE asia, and mexico even, pay your workers and don't dump pollution or face penalties, is what we should want. To lift up foreign workers, not exploit them.
And Canada cheered, hopefully our politicians are able to find a way out of it before that though.
MCA it is then.
Should be MCCA Mexico Cuba Canada Agreement if I had my way anyway
MCA it is.
Like the TPP, the problems went away as soon as the US left.
While this would be pretty awful in the short term, both Canada and the US would greatly benefit long term from bringing heavy manufacturing back to each respective country from Mexico. Mexico would be pretty fucked though, since they've been the primary beneficiary of both NAFTA and USMCA (comparatively, excluding us companies.)
So basically, you agree with Trump. When you buy stuff from a foreign country you're losing.
In this instance, I agree with the affectation he has decided to cosplay for entirely different reasons against the advice of all of his corporate masters.
When you buy from a foreign country what can be made in your country, you are directly causing the loss of well-paid jobs in your country, and aiding the exploitation of a developing country (statistically.)
There's a reason China has done so well while the entirety of the western world has become worse for the average inhabitant. Every time a job is outsourced, every time you buy that foreign thing that could've been made at home, you are directly enriching another country and that money will never be seen in your country ever again. You do that enough times and hey, you have stretches of countryside full of small ghost towns that decayed after the employer had to shut down, and no social mobility.
One could argue, but it'd basically be repeating all the same free trade debates that have happened in the past. Anyone unfamiliar with the usual counterargument can search "balance of payments" or "comparative advantage". TL;DR, it has to do with how those Canadian dollars you spent on whatever exporter eventually come back to the mint.
What might be news to people, since you mentioned it, is that China's had a more severe K-shaped economy since about 2000. Sure, they have manufacturing jobs... that you'll never, ever work your way out of. And then a few million people out of 1.5 billion who have the connections, and can afford a Western-ish style of living.
Except the purpose isn't social mobility for most Chinese people. Remember the '躺平' 'lie flat' propaganda movement the west loved talking about a few years ago? Yeah that wasn't new, or temporary, nor did it ever go away (and no it's not illegal). That's just how most Chinese people have been seeing life after getting up to 'western' standards (I would argue a roof, consistent meals, cheap electronics, and free healthcare is closer to the western standard than not, and that covers ~900 million people.) Yes there is a rising upper middle and upper class, but also the living standards of the bottom 50% are better than more than 150 countries and that's rising just about as quickly.
These facts skew the traditional western reporting of economic health, because western economists assume everyone wants to grow infinitely, and that's just not the case.
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There's your problem, the subject and verb in that sentence never align
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