Does Trump’s team understand a Trade War with China?
QUESTION: How come nobody in Trump’s team can not explain to Trump that the Trade War with China will push the rates up? It looks very logical to me that [...]
NAFTA & CANADA
QUESTION: Mr. Armstrong; Up here in Canada, the politicians seem to not even talk about the NAFTA agreement being changed by Trump. Has something taken place behind the curtain that they are not even worried about that issue?
CB
ANSWER: While playing a front row seat during the 2016 Election in the States, the truth is that Trump was focusing more on Mexico than Canada. The reason why was taxes. Manufacturing plants set up in Mexico, not Canada, which taxed even higher rates than the USA.
Even Stephen S. Poloz, Governor of the Bank of Canada, has set aside the issue of NAFTA claiming there remains uncertainty until he knows more about the nature of the risk, he will not focus of that topic.
The much greater risk to Canada will be the Trump Tax Reform. Canadians will also shift business to the States because it will save 50% in taxes. So, the tax reform is a far bigger issue than NAFTA.
Latest Posts
Powell Warns of Stagflation
Socrates has honed in on 2025 becoming a year of great stagflation in the United States. The Federal Reserve has finally admitted that the data is undeniable—the United States will [...]
Britain Ensuring It Will Join the European Great Depression into 2028
While the press bashes Trump over the tariffs and trade war, they continue to ignore the facts and will always take the opposite position from Trump. If Trump said he [...]
Europe & Coming False Flag
https://www.armstrongeconomics.com/wp-content/uploads/2025/04/Geert-Wilders.mp4 Geert Wilders (born 1963) is a Dutch politician who has led the common-sense right-wing Party for Freedom (PVV) in the Netherlands. The nationalist wave in Europe is now rising [...]
