MILK MONEY: How Mark Carney chose the dairy cartel — and China — over a Trump trade deal

MILK MONEY: How Mark Carney chose the dairy cartel — and China — over a Trump trade deal


On Friday night, Canadian Prime Minister Mark Carney ordered his negotiators to walk away from a trade agreement with President Donald Trump, less than an hour before a new round of American tariffs was set to take effect.

To hear Carney tell it, the reason was simple: It was a “bad deal.”

Carney increasingly looks like a prime minister in China’s pocket.

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“We take this step confident that it is in the best interests of Canada,” Carney said Saturday. “And that, by rejecting a bad deal, standing up for Canada, and focusing on what we can control, we are building a Canada strong for all.”

On Tuesday, his government announced retaliatory tariffs of up to 50% on $27.6 billion in U.S. goods, effective September 8.

“When the United States of

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