Keep doing what you’re doing Canada. Don’t play this retard’s game. The ONLY thing conservatives understand is money. Hit them where it hurts. It’s the only thing that’ll make them sour on this traitor.
American trade is nearly worth half of Canada’s total GDP. something like 75~80% of total Canadian exports go to the US. if they actually retaliate in force they could be dooming their country to an economic crisis if Trump is spiteful enough. so far the Canadian tariffs have only touched about $30B worth of goods, or 7% of the total trade.
Bottom line is Canada can’t rely on an unreliable country that literally threatens them.
It’s time for the world to move away from working with the U.S. We’ve shown we aren’t trustworthy. Canada needs to increase trade to other countries to compensate.
sounds nice in theory but i don’t think people realize just how integrated their economy is to the US
entire industries are completely dependent on US trade. they traded large swathes of their economic autonomy away for easy access to the US market. prosperity was deemed more important than sovereignty
it’s a decision that was decades in the making and it will likely take decades to reverse.
and if we’re being honest it shouldn’t have exactly taken Trump to make Canada realize the US acts in its own interests. Look at NAFTA signed by Bill Clinton. We pressured Canada into accepting a deal that forced them to maintain a certain level of oil export to the US even if there were domestic shortages.
It’s not the type of agreement equal parties or allies come to. It’s a relationship of domination. Always has been
Canada’s total exports are about 35% of total GDP. So that puts US exports at somewhere around 24% of GDP. Pretty high but then if we exclude oil and gas and potash exports it’s a much, much smaller number. So small in fact that we would probably replace those exports within 12 months.
I wonder if anyone else other than the US wants some oil, natural gas, or potash? And yes I know we currently lack pipeline capacity but at this point I’d be willing to let the government finance it all to move oil and gas to the east coast.
While true, the Canadian government has already announced grants and loans to help Canadian companies restructure their supply chains away from the US. It’s a start. While the legal framework exists, Canadian companies haven’t yet had a reason to take advantage of new free trade agreements with the EU and the Asia Pacific. Now they do.
Also, in terms of numbers: about 25% of Canadian GDP is based on US trade; a little lower than the number you quoted, still too high I’d say. Hopefully, the Canadian economies’ smaller size will prove agile enough for the transition.
20% of US exports go to the EU, 18% go to Canada, 17% to Mexico, and less than 10% to China. Similarly, about 70% of US imports come from those same markets. This will be devastating for everyone, the US included. It won’t be the ‘short period of transition’ the bloated diet coke goblin imagines. World trade patterns and supply chains will literally be upended.
American here.
Keep doing what you’re doing Canada. Don’t play this retard’s game. The ONLY thing conservatives understand is money. Hit them where it hurts. It’s the only thing that’ll make them sour on this traitor.
American trade is nearly worth half of Canada’s total GDP. something like 75~80% of total Canadian exports go to the US. if they actually retaliate in force they could be dooming their country to an economic crisis if Trump is spiteful enough. so far the Canadian tariffs have only touched about $30B worth of goods, or 7% of the total trade.
Bottom line is Canada can’t rely on an unreliable country that literally threatens them.
It’s time for the world to move away from working with the U.S. We’ve shown we aren’t trustworthy. Canada needs to increase trade to other countries to compensate.
sounds nice in theory but i don’t think people realize just how integrated their economy is to the US
entire industries are completely dependent on US trade. they traded large swathes of their economic autonomy away for easy access to the US market. prosperity was deemed more important than sovereignty
it’s a decision that was decades in the making and it will likely take decades to reverse.
and if we’re being honest it shouldn’t have exactly taken Trump to make Canada realize the US acts in its own interests. Look at NAFTA signed by Bill Clinton. We pressured Canada into accepting a deal that forced them to maintain a certain level of oil export to the US even if there were domestic shortages.
It’s not the type of agreement equal parties or allies come to. It’s a relationship of domination. Always has been
Canada’s total exports are about 35% of total GDP. So that puts US exports at somewhere around 24% of GDP. Pretty high but then if we exclude oil and gas and potash exports it’s a much, much smaller number. So small in fact that we would probably replace those exports within 12 months.
I wonder if anyone else other than the US wants some oil, natural gas, or potash? And yes I know we currently lack pipeline capacity but at this point I’d be willing to let the government finance it all to move oil and gas to the east coast.
I really think Americans over played their hand.
While true, the Canadian government has already announced grants and loans to help Canadian companies restructure their supply chains away from the US. It’s a start. While the legal framework exists, Canadian companies haven’t yet had a reason to take advantage of new free trade agreements with the EU and the Asia Pacific. Now they do.
Also, in terms of numbers: about 25% of Canadian GDP is based on US trade; a little lower than the number you quoted, still too high I’d say. Hopefully, the Canadian economies’ smaller size will prove agile enough for the transition.
20% of US exports go to the EU, 18% go to Canada, 17% to Mexico, and less than 10% to China. Similarly, about 70% of US imports come from those same markets. This will be devastating for everyone, the US included. It won’t be the ‘short period of transition’ the bloated diet coke goblin imagines. World trade patterns and supply chains will literally be upended.