10/28/25 “America First -Canada Second!?”

10/28/2025 “America First -Canada Second!?” PLEASE REFER TO THE BROKER COMMENTARY PAGE FOR UPDATES!! The title is a quote that Commerce Secretary Howard Lutnick made at a Canadian conference in Toronto referring to the two countries auto industry. Lutnick made pointed comments about auto manufacturing in Canada, stating that “car assembly is going to be in America and there is nothing Canada can do about it”. According to sources who attended the virtual meeting, Lutnick proclaimed that Canada must accept being “second” to the United States in the auto sector. He said that Canada might make a few auto-parts on which some tariffs would be applied but the autos will be assembled in the US. Negotiations over. There would be no deal on autos. Negotiations were not going anywhere before Trump ended them is a fit over the Reagon ad. Canadians do not feel very loved or respected by America right now and it has become hard for them to sort out their feelings of disgust for President Trump from the rest of us when they accept that Americans voted for him…some three times. I do not think that Americans had any idea that President Trump would treat Canadians as harshly as…