The head of the US Department of Commerce, Howard Lutnick, described the Canadian economy as “bad” (“They’re bad”) at an economic forum in Washington. Semaphore reported this.
The minister also estimated the US economy at about $30 trillion and commented on the actions of Canadian Prime Minister Mark Carney. According to Latnik, if problems arise with the United States, Carney would turn to China with clearly unfavorable proposals, which Latnik described as “the worst strategy.”
Later, a representative of the US Department of Commerce tried to clarify the minister’s words. According to the administration, this phrase was misinterpreted. Presumably the meaning was “they sucked” (“sucked”) the American economy, not “they sucked,” he says. material.
Last January, US President Donald Trump announced his willingness to introduce a full tariff barrier on all Canadian goods if Canada concludes a trade agreement with China. He also strongly criticized Prime Minister Mark Carney. Trump predicted that if an agreement was reached, China would “fully absorb” the North American country.