The Tarriff Hype.

spaminator

Hall of Fame Member
Oct 26, 2009
40,877
4,103
113
Mark Carney's odds of being Time magazine's person of the year surges after European trip: Betting site
Prime minister's odds surged to 19% after overseas jaunt, only trailing NYC Mayor Zohran Mamdani, says Covers.com

Author of the article:Ling Hui
Published Sep 22, 2026 • 2 minute read
Prime Minister Mark Carney (centre) attends the 81st United Nations General Assembly at the United Nations Headquarters in New York, on Sept. 22, 2026.
Prime Minister Mark Carney (centre) attends the 81st United Nations General Assembly at the United Nations Headquarters in New York, on Sept. 22, 2026. Photo by ANGELA WEISS /AFP via Getty Images

Prime Minister Mark Carney’s chances of being Time magazine’s 2026 Person of the Year got a huge boost thanks to his firm stance during trade talks with U.S. President Donald Trump and his push to strengthen ties with the European Union, according to Covers.com.


The online sports betting platform, which tracked prediction-market odds, said Carney’s is now the second favourite pick for the news magazine’s iconic year-end cover.

Covers said the prime minister’s odds got a boost after Sept. 14 — the eve of his European trip — going from 4% to 19% after his three-day visit, putting him in second place behind New York Mayor Zohran Mamdani, whose odds sit at 27%.

Meanwhile, U.S. President Donald Trump and Pope Leo XIV are both tied at 9%, Covers said in a news release.

Carney’s chances continued to surge following his trip overseas, during which European Union Commission President Ursula von der Leyen offered to make Canada the EU’s first “associate member.”


A day later, the prime minister welcomed the invitation in a speech to the European Parliament in Strasbourg, France, signalling his desire for more cooperation between Canada and Europe amid the nation’s strained ties with the U.S.


PM among leaders featured in magazine top 100 list
Carney is a likely choice for Time, having recently been named by the magazine in its 100 Most Influential People of 2026 list.

In the annual list published in April, European Central Bank president Christine Lagarde referred to Carney’s nickname as the “George Clooney of finance” and hailed him as a “rock-star central-bank governor” who is now “turning heads as a prime minister.”

Carney was among 24 people selected in the leaders category, which included Trump, Mamdani, the Pope, and Israeli Prime Minister Benjamin Netanyahu.

Previous person of the year picks
Last year, Time picked the “Architects of AI” as its person of the year, with one of its covers depicting eight leaders in the tech industry, including OpenAI CEO Sam Altman, Meta CEO Mark Zuckerberg and Tesla CEO Elon Musk, sitting on a steel beam high in the sky.

Every year since 1928, the magazine’s editors select the person of the year by choosing someone or idea who most affected the news for better or for worse.

Trump was given the distinction twice — once in 2016 and again in 2024.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
The United States isn’t rushing to strike a deal that would end a costly trade war with Canada, Washington’s point man on negotiations said Friday, noting the U.S. is still receiving the potash and energy it needs from this country?

United States Trade Representative Jamieson Greer was asked during an interview with CNBC about relations with Canada, given the damaging trade war that has escalated in recent weeks after Ottawa walked away from negotiations in August.

“We’re still getting what we need from them in terms of oil, gas, potash, all of these things,” Mr. Greer said. “We’re shipping [agricultural products] back and forth across the border, so there’s still a lot of strong trade between the two countries.” Hmmm…

A Canadian government official said there are continuing communications with Washington, but no formal negotiations right now. The Globe and Mail is not identifying the source because they are not authorized to speak publicly on the matter.
(YouTube & ‘Trump is in trouble in his own country’: Mulcair on how economic policies may impact midterms)

Mr. Greer said there are sporadic conversations with Canada but stopped short of suggesting there are active negotiations taking place to resolve the dispute. “There’s no urgency on our side, I would say.”
1790367494499.jpeg
Speaking about the curtailed trade talks in August, Mr. Greer said “we gave them a deal. They left.” Reports from the August 2026 breakdown highlight that while U.S. Trade Representative Jamieson Greer had successfully hammered out a framework that President Donald Trump initially celebrated and paused tariffs for, Lutnick and pro-tariff trade adviser Peter Navarro stepped in to fiercely oppose the terms and torpedo that trade agreement. While President Trump initially praised the preliminary framework, Lutnick didn't act as a rogue agent.
U.S. Commerce Secretary Howard Lutnick’s 11th-hour intervention to derail the U.S.–Canada trade agreement was driven by his own aggressive view that the deal was too soft on Canada, though he acted with the structural backing of the Trump administration.
Lutnick serves as a primary economic disrupter within the administration. He judged Greer's framework as structurally weak for American metal and auto industries. Once Lutnick and Navarro presented their hardline objections, Trump aligned with their aggressive approach. Trump ultimately backed Lutnick's move by ending the negotiations and immediately slapping 50% tariffs on approximately $20 billion to $28 billion of Canadian goods.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
With just hours to go before import bans on certain Canadian goods were set to take effect, U.S. President Donald Trump said Monday he thinks he can make a trade deal with Canada in the coming weeks.
1790631600316.jpeg
Speaking to reporters in the Oval Office, Trump said he thinks the Canadian side will contact him in the next three or four weeks and the United States will "win everything?"
1790631517702.jpeg
International trade experts and legal analysts state that U.S. President Donald Trump's import bans and steep tariffs on Canadian goods effectively override or bypass obligations under the Canada-United States-Mexico Agreement (CUSMA), though the administration justifies them through domestic statutory authority.
“They're gonna come in and they're gonna say, 'Sir, we are sorry,'" Trump said. "They've treated the United States very, very badly. I think a deal will be made but it's gonna be fair?" Trump's bans — which mainly affect some alcoholic drinks, dairy byproducts and motorcycles — are set to begin at 12:01 a.m.
While the trade restrictions on Canadian goods are unlikely to significantly affect Canadian economic growth in the near term, they represent the latest fracture in Ottawa's relationship with the Trump administration. Trump on Monday repeated his inaccurate claims about Canadian agriculture tariffs, as well his more recent allegations about Canada's immigration system letting people in unchecked, etc…

Peter Navarro, Trump's senior adviser on trade and manufacturing, told reporters that Canadians were "the most difficult and arrogant of the traders." He claimed Ottawa was "getting in bed with" Beijing — despite the fact that Trump hosted Chinese President Xi Jinping in Washington last week.
1790632996911.jpeg
Over the past 18 months, the Trump administration has tried to remake the global trading system in an effort to isolate Beijing and force trade partners to trim ties with China.

But when U.S. President Donald Trump met with Chinese President Xi Jinping last week in Washington, it was not as the leader of a geopolitical bloc marching in lockstep to confront Chinese industrial might.
1790632915277.jpeg
United States Trade Representative Jamieson Greer said last week that "the reality is President Trump is comfortable where we are on Canada.” Greer said the Canadians "call us now and then" and there are conversations about potential deals.
1790633789492.jpeg
Trade talks with the United States fell apart in late August and both countries have claimed the other added last-minute changes to the deal.
1790633670053.jpeg
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
This supply truck was allowed to operate unimpeded during the COVID-19 pandemic as well as in the weeks following the terrorist attacks of Sept. 11, 2001, that snarled border traffic. The island is accessible by bridge from the Maine town of Lubec.
1790722441604.jpeg
Campobello’s mayor, Harvey Matthews said he has remained friendly and positive about the United States during this trade dispute and is puzzled why these restrictions are affecting a truck sealed with a customs tag that is merely delivering goods to Canadians.

“Mark Carney probably has no clue where Campobello is. It’s not like it’s gonna make that big of a deal in these trade talks.” The mayor said his neighbours in Maine are not to blame for this. It’s “one guy,” he said, referring to Mr. Trump.

U.S. Customs on Tuesday blocked a truck from New Brunswick that carries supplies through Maine to the Canadian island – a land journey of about 75 kilometres, according to Matthews.

The supply truck was turned back at the border crossing between St. Stephen, N.B., and Calais, Me., and instead travelled by a series of two ferries to reach Campobello, home to about 950 people. The second ferry is only seasonal and expected to shut down after Thanksgiving.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
1790633789492.jpeg
Prime Minister Mark Carney said Tuesday he has no plans to apply new trade pressure on the U.S. as Americans prepare for crucial midterm elections that could end Republican control of Congress. Speaking with reporters at a news conference in Vancouver on Tuesday, Carney said Canada has no intention of escalating the trade war, although he noted he never rules anything out.
1790731290746.jpeg
"Our timing isn't dictated by any specific aspect of the U.S. calendar," Carney said. "The reality is the cost of living is very high in the United States and there's things Canada can do to help lower that cost of living."
1790731309539.jpeg
“When Carney was asked about Trump's recent claim that Canada will apologize to his administration in order to secure a deal in the next few weeks, the prime minister laughed. Carney said he would take note of Trump's and Navarro's comments but would not respond to either. "It continues to be the case that Canada stands ready to negotiate in good faith," Carney said.
1790731339751.jpeg
Canada-U.S. Trade Minister Dominic LeBlanc directly dismissed Trump's claim. "I'm not thinking the government of Canada is going to apologize for standing up for Canadian workers, Canadian businesses, defending our economy," he said Tuesday, answering questions from reporters at an unrelated announcement in New Brunswick.
1790731612239.jpeg
LeBlanc said the U.S. government "decided to apply a series of tariffs that violated the trade agreement" Trump's first administration signed just six years ago. He said Canada will do what it must to support and protect its workers and businesses.
1790731115163.jpeg
1790731145527.jpeg
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
U.S. President Donald Trump's war of words with Canada continued Wednesday as he veered off a prepared script 😲 at an event marking Hispanic Heritage Month in the States to chastise Canadian (Snow Mexican) leaders for being what he called "very bad."

Speaking at the White House, Trump said the U.S. was "stupidly run" before he got the job because past leaders allowed automakers to move assembly plants offshore, including to Canada.

(Canada has had a large-scale domestic auto manufacturing industry since 1904, developing at roughly the same time as the one in the U.S.🤫)

Trump said past presidents "allowed other countries to make our cars and sell them to us," because nobody but Americans made cars before 1965 and he is ending that now with his high-tariff regime. The Trump administration has repeatedly made it clear that it wants to hollow out Canada's auto industry. "Canada has taken advantage of us for so many years. The worst of any country," Trump said.😂
"I love the Mexican Canadian people, but the leaders have taken advantage of our stupid leadership for many, many years. They felt emboldened…They act like they're totally innocent. They're not. They were very bad. But now they're being taught a little lesson." One of those "lessons," as the president described it, was his unilateral move to rename Lake Ontario in the U.S.🤔
1790827177426.jpeg
Addressing a largely Hispanic audience, Trump said his move to rename the Gulf of Mexico to the Gulf of America was "even cooler."

"There could be a few people in the room that don't love that one," he said.🙄

In an interview with Fox Business, U.S. Trade Representative Jamieson Greer said the administration is irked by Canadian liquor restrictions and limits on American businesses competing for provincial procurement contracts — restrictions enacted only after Trump slapped coercive unilateral tariffs on Canadian goods last year. Greer said the import ban is retribution for that lack of capitulation.
1790828341884.jpeg
 

pgs

Hall of Fame Member
Nov 29, 2008
29,429
8,712
113
B.C.
U.S. President Donald Trump's war of words with Canada continued Wednesday as he veered off a prepared script 😲 at an event marking Hispanic Heritage Month in the States to chastise Canadian (Snow Mexican) leaders for being what he called "very bad."

Speaking at the White House, Trump said the U.S. was "stupidly run" before he got the job because past leaders allowed automakers to move assembly plants offshore, including to Canada.

(Canada has had a large-scale domestic auto manufacturing industry since 1904, developing at roughly the same time as the one in the U.S.🤫)

Trump said past presidents "allowed other countries to make our cars and sell them to us," because nobody but Americans made cars before 1965 and he is ending that now with his high-tariff regime. The Trump administration has repeatedly made it clear that it wants to hollow out Canada's auto industry. "Canada has taken advantage of us for so many years. The worst of any country," Trump said.😂
"I love the Mexican Canadian people, but the leaders have taken advantage of our stupid leadership for many, many years. They felt emboldened…They act like they're totally innocent. They're not. They were very bad. But now they're being taught a little lesson." One of those "lessons," as the president described it, was his unilateral move to rename Lake Ontario in the U.S.🤔
View attachment 35832
Addressing a largely Hispanic audience, Trump said his move to rename the Gulf of Mexico to the Gulf of America was "even cooler."

"There could be a few people in the room that don't love that one," he said.🙄

In an interview with Fox Business, U.S. Trade Representative Jamieson Greer said the administration is irked by Canadian liquor restrictions and limits on American businesses competing for provincial procurement contracts — restrictions enacted only after Trump slapped coercive unilateral tariffs on Canadian goods last year. Greer said the import ban is retribution for that lack of capitulation.
View attachment 35833
Canada has had a large scale domestic auto industry since 1904 . How and why is that ? Tariffs maybe .
 

pgs

Hall of Fame Member
Nov 29, 2008
29,429
8,712
113
B.C.
Very different time before an integrated Automotive supply chain and assembly situation involving three nations for the North American market, but I hear what you’re saying. 122 years ago.
But hasn’t that integraded supply chain been a political tug of war for that entire time?
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
But hasn’t that integraded supply chain been a political tug of war for that entire time?
But isn’t it a thing that exists, and has now for 60+ years, but more interwound since NAFTA 1.0 32 years ago and apparently more so every year? The Hydra exists and chopping off its tentacles now to try and untangle it would probably kill it in the short term…adding billions in expenses for the auto manufacturers. I’ve heard roughly an increase on average of $6000 per vehicle for these tariffs which is just gonna give the competitive advantage to Asian and European auto manufacturers which I’m assuming isn’t Trump’s intention.

Lando Calrissian: “That wasn’t part of the deal!”

Darth Vader: “I am altering the deal. Pray I don’t alter it any further.”

Lando: “This deal is getting worse all the time!”
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
Canada has had a large scale domestic auto industry since 1904 . How and why is that ? Tariffs maybe .
You know, this is a very interesting question and it forced me to find the right phrasing by finding the background find the answer to that, so on that note, I’m assuming that you knew the answer all the way along, right?
But hasn’t that integraded supply chain been a political tug of war for that entire time?
I smell what you’re cooking now. The McKinley Tariff was designed to protect American industries and coerce Canada into political annexation by the United States. Framed by Congressman William McKinley, the act became law on October 1, 1890, and raised the average duty on imports to nearly 50 percent (sounds familiar) without making exceptions for Canadian products. It lasted until 1894, when Democrats replaced it with the lower Wilson-Gorman Tariff Act after a protectionist backlash.
While the McKinley Tariff itself focused heavily on agricultural and raw material disputes (like timber and fisheries), the broader era of aggressive cross-border trade restrictions it reinforced became the catalyst for the birth of the Canadian automotive industry.🤔

Officially, the U.S. Republican platform sought to shield domestic workers and companies from foreign competition (again, sounds familiar). Unofficially, U.S. policymakers like McKinley and Secretary of State James G. Blaine used it as an economic weapon. Knowing Canada was deeply reliant on the U.S. market, they intentionally denied Canada any trade exemptions. They openly hoped that severe economic starvation would force Canadians to abandon British ties and accept annexation into the United States, which in a modern context again sounds very familiar.

So Trumps trying to copy the playbook from 140-ish years ago, but the times have changed, and it didn’t work back then anyway, and that’s before an integrated supply chain in manufacturing like we have now specifically for the last three decades.
 

pgs

Hall of Fame Member
Nov 29, 2008
29,429
8,712
113
B.C.
But isn’t it a thing that exists, and has now for 60+ years, but more interwound since NAFTA 1.0 32 years ago and apparently more so every year? The Hydra exists and chopping off its tentacles now to try and untangle it would probably kill it in the short term…adding billions in expenses for the auto manufacturers. I’ve heard roughly an increase on average of $6000 per vehicle for these tariffs which is just gonna give the competitive advantage to Asian and European auto manufacturers which I’m assuming isn’t Trump’s intention.
So what was Carney’s intention when he walked away from an agreement ? Why haven’t we made any progress after a year and half of our saviour global banker running the show ?
 

pgs

Hall of Fame Member
Nov 29, 2008
29,429
8,712
113
B.C.
You know, this is a very interesting question and it forced me to find the right phrasing by finding the background find the answer to that, so on that note, I’m assuming that you knew the answer all the way along, right?

I smell what you’re cooking now. The McKinley Tariff was designed to protect American industries and coerce Canada into political annexation by the United States. Framed by Congressman William McKinley, the act became law on October 1, 1890, and raised the average duty on imports to nearly 50 percent (sounds familiar) without making exceptions for Canadian products. It lasted until 1894, when Democrats replaced it with the lower Wilson-Gorman Tariff Act after a protectionist backlash.
While the McKinley Tariff itself focused heavily on agricultural and raw material disputes (like timber and fisheries), the broader era of aggressive cross-border trade restrictions it reinforced became the catalyst for the birth of the Canadian automotive industry.🤔

Officially, the U.S. Republican platform sought to shield domestic workers and companies from foreign competition (again, sounds familiar). Unofficially, U.S. policymakers like McKinley and Secretary of State James G. Blaine used it as an economic weapon. Knowing Canada was deeply reliant on the U.S. market, they intentionally denied Canada any trade exemptions. They openly hoped that severe economic starvation would force Canadians to abandon British ties and accept annexation into the United States, which in a modern context again sounds very familiar.

So Trumps trying to copy the playbook from 140-ish years ago, but the times have changed, and it didn’t work back then anyway, and that’s before an integrated supply chain in manufacturing like we have now specifically for the last three decades.
But that was only the start of what eventually became the auto pact . We are always in a trade dispute with America in one form or another , and somehow entrepreneurs on both sides of the border managed to trade , as they still are .
Trudeau 1 gave us the metric system to facilitate trade diversification as he was in the midst of a trade dispute . The current situation is nothing new except Trump and our pathetic PM .
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
33,094
11,863
113
Regina, Saskatchewan
So what was Carney’s intention when he walked away from an agreement ? Why haven’t we made any progress after a year and half of our saviour global banker running the show ?
Nothing started until the last day of the deadline on Canada Day 2026 for all intents & purposes…re negotiation, or lack there of.
But that was only the start of what eventually became the auto pact . We are always in a trade dispute with America in one form or another , and somehow entrepreneurs on both sides of the border managed to trade , as they still are .
The dreams of annex of Canada go back to these initial tariffs and McKinley, so the playbook isn’t that different, auto-pact or not.
Trudeau 1 gave us the metric system to facilitate trade diversification as he was in the midst of a trade dispute . The current situation is nothing new except Trump and our pathetic PM .
As much of a pain in the arse as that was in the 70s (I was in elementary school at the time and they didn’t know if the metric system would stick, so we were being taught everything in metric and imperial side-by-side for the next several years), but it did bring Canada into the modern era leaving only three countries on the planet still using the imperial system to the best of my knowledge (Liberia and Myanmar are the two of three that haven’t landed a man on the moon😉).

I concur with your assessment of the situation.