Howard Lutnick
π€ SpeakerAppearances Over Time
Podcast Appearances
Because remember, they have USMCA, which means 85% of the Canadian economy comes into the United States for zero.
And there he is complaining that he's going to go to China and improve it.
What's he going to do?
China's delighted to sell to him.
But do you think China's going to open their economy to accept
exports from Canada.
This is the silliest thing I've ever seen.
They have the second best deal because Mexico's got a little better deal.
They have 25% on the extra 15%, whereas Canada's got 35% on the extra 15%.
But give me a break.
They have the second best deal in the world.
And all I got to do is listen to this guy whine and complain?
I think what that is is political marketing, right?
The Canadians have the second best deal in the whole wide world.
If they continue this path, right, which is a political path of a certain thing, I'm going to go fly to China, I'm going to open up my markets to China, I'm going to take Chinese electric cars and do all sorts of this stuff, then when USMCA gets renegotiated... This year...
This year, sort of like towards the end of the summer, in the middle of the summer, do you think the President of the United States is going to say, you should keep having the second best deal in the world?
I mean, you guys are such great friends.
I mean, they are playing with a set of rules that they haven't really thought through.
they've sort of given a sort of a roadmap of saying, so I guess we should change the whole deal, right?
You want to be like the rest of the world.