Hook

Their other posts in the index, biggest breakout first.
Here's my take on Canada. This is gonna be the greatest TikTok clip of all time. Here's my take on Canada. All right, I better be careful. The Canadians have not come to the table on renegotiating the trading relationship with the United States. This is Section 338, which I admittedly hadn't heard of until a couple days ago. So with 48 hours to consider it, I actually think 338 has a, it has a really strong legal foundation for the specific complaint in this case. So 338 gives the president the authority to implement counteractive measures when a trading partner is selectively biasing or penalizing us trade relative to other countries. And what the Canadians did in the last year and a half was just that. On autos, on dairy products, on alcohol, there's no US alcohol on the same shelves that there's European alcohol. There's plenty of legal authority for the claims themselves. Where it's gonna get interesting it says that the remedies have to be proportionate to the damages. Did the tariffs that we, the 50% across this peanut butter of Canadian imports, was that proportionate to the three or four industries that were called out? Probably not. But how long is it gonna take to adjudicate that? It's gonna be a long time. So I kinda see the whole thing in the context of they're trying to force the Canadians to the table around the USMCA renegotiation.