Is Trudeau out of his mind? Canadians may be watching as Trump is forced to double down on tariffs

NEW YORK – It is difficult to know if Canadian Prime Minister Justin Trudeau is out of his mind or if he really is genuinely worried that the U.S. president is getting dangerously close to “regime change” in North Korea.

This “tequila summit” between Trump and Kim is undoubtedly the biggest foreign policy gamble of Trump’s presidency.

Trudeau has done nothing to offset the upset felt on the streets of the U.S. when the stage was turned over from his husband Trudeau to a dictator who clearly does not share Trump’s values on human rights. Instead of easing up on the snow-canoe dribble on his Twitter feed, President Trump has doubled down on his commitment to block a $15 billion trade deal with Canada.

Like every sane North American, I am fully convinced that Trump’s rhetoric on trading is more “the emperor has no clothes” than a legitimate threat. If that is the case, then Trudeau is being pulled into a new cold war that he doesn’t need or want.

This president and this Oval Office remain my personal favorite president since Ronald Reagan. As an America Firster, I’m happy to see any possible bump in the value of the U.S. dollar from a strong economy, but Trudeau continues to seem like an anachronism during a time of global growth and volatility.

Trudeau’s sweeping carbon tax proposal “puts Canada on a collision course with the nations most at risk” in its “climate-change policies.” We at Bolton’s Summit Group share this message as we lay out which countries are most likely to require “emergency intervention” from the IMF if they do not rein in their budgets and who truly needs debt relief. The Oxfam Canada report reveals that Canada is among the country’s worst offenders when it comes to funding health care and education for these less fortunate countries.

Indeed, from Venezuela to Nigeria to the United Arab Emirates, these two smaller countries, along with Saudi Arabia, China, Russia, India, Malaysia, Indonesia, Mexico, Japan, Thailand, and India, have recently found themselves in the international headlines for all the wrong reasons.

Follow the money. Trade and diplomatic information are only powerful tools for influencing policy when the beneficiaries of a decision are aware of the perceived negative impact the precedent set.

For the British passport holder living in Europe, the threat of the breaking up of the European Union and the subsequent chaos over the planned Brexit is bad enough. But if Beijing, as seen so clearly, profits from the chaotic fate of the United Kingdom, then the consequences of this turn of events are significant. Brexit is forecast to cost the U.K. economy £90 billion a year in lost trade. China has remained silent in the face of this threat.

This is where the “take all profits from the chaos” approach and “just kidding!” have nothing to do with truth. It is when the targets of the statement are aware of the evidence against them that the market can serve as a true disinfectant.

Thomas Walkom is the President of the German Marshall Fund of the United States (GMF), a Non-Profit Research Institution, focusing on strengthening political and business ties between the U.S. and Europe. Additionally, he is Chairman of the GMF Parliamentary Council, focusing on communications, technology, media, finance, and technology policy. You can find him on Twitter @TrumanUSATraveller.

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