The Trump Administration has made much of the fact that Canada fought back against
its sudden plunge into tariffs on all manner of goods. And now claims all this has been a success
and that the Balance of Trade is looking better It. It is not my aim to evaluate this latter
claim but the idea that Canada's ban on booze was the only pushback they got is doubtful.
In effect, Europe has now completely disconnected form the monopoly of Visa/Master Card
to create a pan-European payment system. Canada, aims to follow suit by the end of 2026:
America's companies are still trusted and admired, but the hand of the government isn't. And
that has consequences!!
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