My first instinct was that this was all a big bluff to obtain better terms in the USMCA renegotiation that occurs in a year. He will delay again in April and just keep the merry-go-round going.
Lutnick was on TV yesterday saying "there won't be any pauses or anything like that". but I wasn't convinced at all, he is not a good liar, the guy sounds like a used car salesman every time he speaks lol. I imagine Canada will be next to receive a pause, at least on energy products.
It would take some serious balls to apply tariffs for a year and demand companies come back. There is too much pressure coming to him and many industries will fund the resistance to these tariffs. They certainly caught me off guard when he announced them. It's always to try and squeeze someone lol, I don't think it will work in this instance but I've been wrong before, he is always unpredictable
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