Summary

Donald Trump launched a trade war against Canada by imposing a 25% tariff on nearly all Canadian goods, including a 10% levy on energy products.

His action, intended to pressure Canada to curb fentanyl flows, contradicts official trade figures and ignores that most deficits result from American demand for cheaper Canadian oil.

The tariffs, set to remain until Canada complies, could cost billions to Canada’s economy and disrupt $800 billion in annual trade.

Canada is expected to retaliate, forcing Prime Minister Trudeau to respond amid escalating cross-border tensions.

        • AJ1@lemmy.caEnglish
          4·
          11 months ago

          I’m also a dual citizen, and as soon as people find that out, all they want to talk about is “your president”, as if I voted for the motherfucker. I’ve lived in Canada for 16 years and will never go back to that shithole, and everybody wants me to take responsibility for what D-bag does. I didn’t vote for him, I don’t live in the US, and all they want to do is yell at me every time he does something idiotic (which is of course every single day). Needless to say I stopped telling people where I’m from. I’ve gotten really good at the Canadian accent, I sound like I was born & raised on the Prairies. Nobody could pick me out… except for the fact that I don’t have a German surname and I’m not Mennonite

  • ReallyActuallyFrankenstein@lemmynsfw.comEnglish
    96·
    11 months ago

    His logic is actually flawless. Let me explain with a metaphor:

    Trump has an imagined pain in his foot, so to cure it, he’s going to open the hood of the family car and kick the engine as hard as he can. So you see, this will break his other foot and severely damage the car.

    Hopefully that helps.

    • IninewCrow@lemmy.caEnglish
      20·
      11 months ago

      Can we leave him with his broken foot in the engine and under hood while I start the car?

    • 9488fcea02a9@sh.itjust.worksEnglish
      1·
      11 months ago

      that metaphor assumes that these tariffs are going to hurt america more than it hurts canada…

      i’m pretty sure we’re the foot in your analogy. we’re getting fucked

  • Nougat@fedia.io
    54·
    11 months ago

    Before Trump imposed his tariffs, the Canadian government said U.S. gas prices could jump some 75 cents US a gallon overnight if he went ahead with tariffs.

    Higher fuel prices are going to make the consumer cost of everything go up.

    • FiveMacs@lemmy.caEnglish
      21·
      11 months ago

      They think they will continue to earn sales when things go up. I’ve already stopped buying anything but food, so honestly…I don’t care. Everything can skyrocket 300% and I wouldn’t give a flying fuck

      In my mind, it’s time to teach ALL companies a lesson and stop consuming. I mean full stop, but literally nothing. Kill them financially. I know this won’t happen because the majority of smooth brained idiots who can’t help but buy dumb shit over and over

      • Corkyskog@sh.itjust.worksEnglish
        4·
        11 months ago

        Dont worry, soon you will only make transactions in Doge and get paid in Bitcoin.

        Why else would they be going out of their way to kill the dollar?

  • Flying Squid@lemmy.worldEnglish
    29·
    11 months ago

    Implementing a tariff without giving businesses an alternative is a self-inflicted wound in a trade war.

    • LifeInMultipleChoice@lemmy.worldEnglish
      13·
      11 months ago

      Being that we cut regulations over and over the number of refineries to oil in the U.S. decreased drastically over the years. It is why we had shortages while having loads of crude oil laying around. A quick search shows that building a refinery takes 3-5 years. So unless we can use the refineries we have to produce the fuel we need, we may hit years of higher prices. (Our lifting costs are much higher)

        • LifeInMultipleChoice@lemmy.worldEnglish
          12·
          11 months ago

          I’m looking forward to not being able to afford to live anymore soon. It currently costs me $20 a day to go to work. Just the .75 cents on gas would cost me $120 a month extra right now. Food costs are already outrageous. Certainly going to need a lot more ramen. I have chickens for eggs, but I should figure out some good ways to can/preserve vegatables this season for next winter. I can’t just throw everything in the freezer, not enough room.

  • Someone@lemmy.caEnglish
    23·
    11 months ago

    We need at least a 25% export tax on all energy exports. Clearly they need it or it wouldn’t have set a lower rate. 100% of proceeds can go towards building our own refineries to reduce reliance on the US in the future, in Alberta if that will be what it takes to stop their whining.

  • 𞋴𝛂𝛋𝛆@lemmy.worldEnglish
    21·
    11 months ago

    Americans suffering from pain that are not serviced by a corrupt medical system, and the most peaceful way to punch one’s own timecard is under attack in a way that will increase the cost of goods and services to average serfs, peasants, and wage slaves in the USA.

  • otp@sh.itjust.worksEnglish
    19·
    11 months ago

    His action, intended to pressure Canada to curb fentanyl flows,

    During the pandemic, when we (Canada) closed the borders, we saw an increase in fentanyl-related deaths.

    Rather than being caused by mental wellbeing issues, it was believed to be caused by poorer drug supply (more impurities).

    So if closing the border made our drugs worse-quality, isn’t the US the problem?

    This is like the US closing the border because they’re worried about all the illegal guns crossing into the US from Canada…

  • Riskable@programming.devBannedEnglish
    13·
    11 months ago

    Canada will probably just cut off the pipelines into the US and partner with Europe to get all that oil shipped there.

    • Jimmycakes@lemmy.worldEnglish
      11·
      11 months ago

      That’s exactly what they want and what all this is about. America has access to all the oil it needs but there are too many pesky laws and environmental exclusion zones. This will create a “shortage” so they will need to start up new drilling operations in the gulf, in Alaska, fracking, national parks, any other shit they got cooked up. We can become a net exporter in the short term so these ghouls can get richer quickly and they will have all their money and it will be someone else’s problem to fix

  • StopTouchingYourPhone@lemmy.worldEnglish
    6·
    11 months ago

    O weird… Across every platform, I kept reading this would never happen and was just a distraction from some other terrible thing - or if it did happen it’d be our fault for paying attention in the first place (and Daddy drinks because you cry) - and here we are again. Murka doing exactly what they threatened to do.

    Looking forward to Trudeau’s response at 6. And the fuck Trudeau brigade can get bent.

    [edit bc nobody needs more allcaps]