- cross-posted to:
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- cross-posted to:
- [email protected]
Summary
Canada is preparing to retaliate against Donald Trump’s proposed 25% tariffs on Canadian imports, which could trigger the largest trade war between the nations in decades.
Prime Minister Justin Trudeau promised counter-tariffs worth $37 billion, with potential for further measures, depending on Trump’s final order.
Canadian officials warn the tariffs could harm both economies, disrupting key sectors like automotive, energy, and agriculture.
Labor leaders expressed concerns over job losses and urged collaboration. Canada hopes to avoid tariffs by highlighting their mutual economic impact to U.S. lawmakers.
About 277 Billion worth of goods annually.
You can look it up if you just type the question into a search engine, instead of making up facts.
https://tradingeconomics.com/canada/imports/united-states
Add a 5% levy on that and it’s nearly 12 billion in tax revenue extracted from Canadian business and consumers under the guise of sticking it to Trump.
Didn’t mean to represent my statements as factual, just personal observation.
I’d still argue that it’s not impossible for us to navigate around that. But I don’t have any statistical basis for thinking that. If our dependence is that large then maybe America will annex us. Lord knows I wouldn’t survive such a thing. So maybe I’m delusionally trying to be hopeful about having a future at all.