Naw, he's bluffing. How is he going to approve the XL pipeline and then hit his own oil companies with a 25% tariff?.. He's bluffing. He will hit China and Europe. Why would he hit Csnada only to have the tariffs removed in four years time when he is out of office? China is the palatable threat and he knows it. The rest of the world he can hit with a reciprocal tariffs but if he hits Canadian oil, nickel and such, he is only hurting the U.S. It's different from hitting an end product manufactured outside the U.S. He would be tariffing the underlying materials that his new manufacturiing companies wll need in order to manufacture. We will see. I have to say I would feel comfortable sitting in a room and convincing him. Mexico has a.FAR more difficult task. For Canada it would be easy if anyone with a strong understanding of both nations challenges heads up the team.
Trump's entire economic plan is to enact universal tariffs on everything, with our enemies being hit the hardest like china, canada and mexico. Why would he bluff? Bluffing to achieve what goal?