Why Trump dropped the tarrifs stupidity- Canada, Japan & EU

[RainCaster]

https://deanblundell.substack.com/p/carneys-checkmate-how-canadas-quiet

An awesome explanation about why TSF backed off on his tarrifs - no paywall.

Carney's Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tarrifs
Carney, Japan And The EU proved America's Idiot Emperor Has No Clothes

Let’s talk about the moment Donald Trump blinked. It wasn’t loud. It wasn’t a tweetstorm or a rally rant. When the tariff threats that had the world on edge—125% on China, 25% on Canada’s autos, a global trade war in the making—suddenly softened. A “pause,” he called it. A complete turnaround from the chest-thumping of the past week. And the reason? Mark Carney and a slow, deliberate financial maneuver that most people didn’t even notice: the coordinated Treasury bond slow bleed.

Want the raw data? Check the U.S. Department of the Treasury’s “Major Foreign Holders of Treasury Securities” report. Look at Canada’s holdings. Japan’s. The EU’s. Then ask yourself: who’s really holding “the cards.”

[AZJonnie]

1. Fantastic, and very well worth reading

Rewind a bit. While Trump was gearing up his trade war machine, Carney, Canada’s Prime Minister, wasn’t just sitting in Ottawa twiddling his thumbs. He’d been quietly increasing Canada’s holdings of U.S. Treasury bonds—over $350 billion worth by early 2025, part of the $8.53 trillion foreign countries hold in U.S. debt. On the surface, it looked like a safe play, a hedge against economic chaos. But it wasn’t just defense. It was a loaded gun.

Carney didn’t stop there. He took his case to Europe. Not for photo ops, but for closed-door meetings with the EU’s heavy hitters—Germany, France, the Netherlands. Japan was in the room too, listening closely. The pitch was simple: if Trump went too far with tariffs, Canada wouldn’t just retaliate with duties on American cars or steel. It would start offloading those Treasury bonds. Not a fire sale—nothing so crude. A slow, steady bleed. A signal to the markets that the U.S. dollar’s perch wasn’t so secure.

--snip--

When Trump announced his tariff “pause,” it wasn’t a victory lap. It was a concession. Carney moved markets without firing a shot. He gave Canada a seat at the power table and proved that global respect isn’t won with bluster—it’s earned with moves that hit where it hurts. Trump talks tough. Carney plays chess. And right now, the board’s his.

Article is explicitly public and free to share.

DEAN

[progressoid]

2. Sadly, the vast majority of the Trump cult won't hear about this.

And even if they did, they either wouldn't understand it or would refuse to believe it.

[underpants]

3. I agree.

Saw this from a link on another thread.

[Prairie Gates]

4. Carney is a finance guy; Trump is a slumlord and con artist

[republianmushroom]

6. And a convicted felon.

[dickthegrouch]

8. Calling Carney "a finance guy"

Is like calling Michael Jackson a street musician.
Carney was the governor of the Bank of Canada, and subsequently the Bank of England. He has a deeper understanding of finance than most people on the planet.

[SalviaBlue]

5. A Must Read explainer.

Thanks for posting!

[peggysue2]

7. Whoosh!

Carney is The Boss when it comes to finance and he just kicked Agent Orange in the balls. Which makes all the WH spinning ridiculous, as well as the bogus claim that:

"This was Trump's strategy all along."

LOL!

[Buns_of_Fire]

9. And all the so-called big brains at the Heritage Foundation couldn't see this coming.

It makes one think that maybe "Project 2025" isn't such a flawless blueprint for the Fatfuk25 regime after all.