“I have a deal done, done, done, done, but I need to wait for their prime minister and their parliament to give its approval, which I expect shortly,” Lutnick said, buoying stocks, though he declined to specify if he was referring to Canada, the United Kingdom or another country.
As the Trump administration’s decisions continue to whiplash investors, other countries are seeking stability. On Monday, Canada’s liberal wing claimed a political comeback with former central banker Mark Carney catapulted into the prime minister’s office after it seemed his party would lose due to the unpopularity of his predecessor, Justin Trudeau. Voters’ support for Carney, who has criticized Trump’s harsh rhetoric against Canada, was a sharp rebuke to the U.S. government’s protectionist policies.
