cross-posted from: https://lemmy.world/post/24657192

Summary

In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.

The remark elicited gasps from the audience.

Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.

He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.

Economists warn such tariffs would raise prices for U.S. consumers.

  • @andallthat
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    1613 hours ago

    Who needs dollars when you have $TRUMP meme coins?

    • @Pilferjinx
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      37 hours ago

      Now backed by your social security! Thanks Obama

    • @[email protected]
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      fedilink
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      1013 hours ago

      Fair. I was just thinking what the monetary system really needed was to be more obscure, cartoonish, energy intensive and unstable.