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2025-03-04 0
Let me explain the trading relationship briefly that occurs between Canada and the US for context. \n \nCanada Has a LOT of natural resources, more than our domestic manufacturing base needs (Uranium fuel, Lumber/paper products, Steel and other metals, Fertilizer for farms...etc). Therefore we sell those raw materials to the states where they are manufactured into goods, which we then buy back. a LOT of American service companies like tech, media (And yes, even banks)...etc also operates in Canada as well. (For the auto sector the parts flip back and forth across the border like 8 times) \n \nThis relationship alone has the American economy see a large trade surplus with Canada, however there is another element to it: Energy. \n \nCanada is also home to a LARGE amount of really cheap renewable hydro power in the east, and a LOT of oil in the west, due to a lack of infrastructure we really can only sell that oil to the states and therefore it is done at a discount. America refines this cheap oil into gas and is a large part of the reason why American gas is so cheap. They use this energy to power the same factories mentioned above. (Oh and also the NE states import a lot of that clean hydro electricity for the same reasons) \n \nThe US Buys SO MUCH of that cheap energy from us to power your industrial base, that it swings the numbers on the trade balance into a small deficit for the USA. (41 billion out of a TRILLION dollars total trade, or about -4.1% of total trade so literally a pretty small deficit) It also swing back and forth every year so \n \nThen comes Trump. He wants Canada as a 51st state and own the entire continent, therefore he manufactures an excurse that our border is leaky and that migrants and fentanyl are flowing over. (In actual case migrants and the flow of Fent is about 1% the amount that's crossing at the Mexico border but he needs an excuse) \n \nHe therefore puts 25% tariffs on us. Those tariffs will hit Canada harder than the 2008 financial crisis just for scale. \n \nOh and also for the most part American Refineries literally cant process any other oil than ours or Venezuela's because its thicker so tariffs on our oil will also really increase the priced of energy in the states by a huge amount just for the LOLs. As we've seen during the post covid recovery, since gas is priced in to the supply chain at every step (Manufacturing, transportation...etc), any increase at the pump will snowball into higher costs for everything at the store, on top of the extra cost of the tariffs on consumers. (Since every step will need to add it into their markup.)
2025-03-04 0
Trudeau needs to come to the real-world realization that Canada's only REAL world importance is to just keep Penguin and Moose sh%t off of our pristine Florida lawns and golf courses. \n\n⛳⛳⛳⛳⛳⛳⛳⛳⛳\n\n Nothing more.
2025-03-04 0
Canada already had tariffs on our imports. Thats why Trump implemented tariffs
2025-03-04 0
Dont forget Canada applies tariffs on a variety of goods imported from the United States, but the specific goods subject to tariffs can vary depending on the trade agreements in place, as well as individual circumstances and trade disputes. Some of the key categories of goods that have historically been subject to tariffs or trade restrictions between the two countries include:\n\t1.\tAgricultural Products:\n\t•\tDairy products: Canada has a system of supply management in place for dairy, poultry, and eggs. As a result, certain U.S. agricultural products, particularly dairy, face higher tariffs when imported into Canada.\n\t•\tPoultry and eggs: Similar to dairy, tariffs are applied to U.S. poultry and eggs under Canada’s supply management system.\n\t•\tBeef and pork: Canada has historically imposed tariffs on U.S. beef and pork, although these are often adjusted or reduced under trade agreements like the USMCA (United States-Mexico-Canada Agreement).\n\t2.\tSteel and Aluminum:\n\t•\tCanada imposed tariffs on certain U.S. steel and aluminum products after the United States imposed tariffs on Canadian steel and aluminum in 2018 under Section 232 of the Trade Expansion Act of 1962. However, in 2019, both countries reached an agreement to remove some tariffs, although certain products may still be subject to tariffs or quotas.\n\t3.\tLumber:\n\t•\tSoftwood lumber is another contentious issue in U.S.-Canada trade. Canada has faced tariffs on its softwood lumber exports to the U.S. for many years, and there have been instances where Canada has applied retaliatory tariffs in response to U.S. actions.\n\t4.\tConsumer Goods and Electronics:\n\t•\tSome consumer goods, like electronics, furniture, and vehicles, may have tariffs or duties imposed depending on the category, though the majority of goods between the U.S. and Canada are traded tariff-free under the USMCA, which replaced NAFTA.\n\t5.\tAlcohol and Tobacco:\n\t•\tCanada applies tariffs and duties on alcohol and tobacco products imported from the U.S., but these are often subject to specific regulations and agreements.
2025-03-04 0
Dont forget Canada applies tariffs on a variety of goods imported from the United States, but the specific goods subject to tariffs can vary depending on the trade agreements in place, as well as individual circumstances and trade disputes. Some of the key categories of goods that have historically been subject to tariffs or trade restrictions between the two countries include:\n\t1.\tAgricultural Products:\n\t•\tDairy products: Canada has a system of supply management in place for dairy, poultry, and eggs. As a result, certain U.S. agricultural products, particularly dairy, face higher tariffs when imported into Canada.\n\t•\tPoultry and eggs: Similar to dairy, tariffs are applied to U.S. poultry and eggs under Canada’s supply management system.\n\t•\tBeef and pork: Canada has historically imposed tariffs on U.S. beef and pork, although these are often adjusted or reduced under trade agreements like the USMCA (United States-Mexico-Canada Agreement).\n\t2.\tSteel and Aluminum:\n\t•\tCanada imposed tariffs on certain U.S. steel and aluminum products after the United States imposed tariffs on Canadian steel and aluminum in 2018 under Section 232 of the Trade Expansion Act of 1962. However, in 2019, both countries reached an agreement to remove some tariffs, although certain products may still be subject to tariffs or quotas.\n\t3.\tLumber:\n\t•\tSoftwood lumber is another contentious issue in U.S.-Canada trade. Canada has faced tariffs on its softwood lumber exports to the U.S. for many years, and there have been instances where Canada has applied retaliatory tariffs in response to U.S. actions.\n\t4.\tConsumer Goods and Electronics:\n\t•\tSome consumer goods, like electronics, furniture, and vehicles, may have tariffs or duties imposed depending on the category, though the majority of goods between the U.S. and Canada are traded tariff-free under the USMCA, which replaced NAFTA.\n\t5.\tAlcohol and Tobacco:\n\t•\tCanada applies tariffs and duties on alcohol and tobacco products imported from the U.S., but these are often subject to specific regulations and agreements.
2025-03-04 0
Well said Mr. Trudeau. I come from Germany and would like to support Canada. An appeal to the German government: import more Canadian products.\n\nOh, and by the way: how many languages ​​does Mr. Trump actually speak?
2025-03-04 0
Norway stand with you Canada in support, you held a good speech??!\n\nI look forward to seeing the outcome of the tariffs the U.S. imposes on other countries, which are then retaliated against. When the U.S. imposes tariffs on other countries and those countries retaliate, it can lead to several negative consequences. First, American consumers may face higher prices on both imported and domestic goods affected by retaliatory tariffs. U.S. exporters could lose market share in key markets, and American companies relying on global supply chains may experience higher costs. This could also trigger trade wars, reducing global trade and hindering economic growth. Increased uncertainty may reduce investments in the U.S., and in the long term, the U.S. could lose economic influence if other countries form alternative trade agreements. Countries turning their backs on the U.S. will eventually lead to the U.S. isolating itself. We can continue to trade among ourselves, build growth together, and watch the U.S. crumble from the outside. By the way i also respect and love the American people, just not the goverment today and how they treat others, allies and friends.
2025-03-04 0
Thank you Canada! I am American and we are suffering. This validation is so important.
2025-03-04 0
It's really important that Canada and the rest of the world understand only a slight majority supports Queen Trump and King Musk there's a huge chunk of the country a little less than half that does not agree nor support that imbecile
2025-03-04 0
I'm an American and I don't want this, I didn't vote for this, I'm upset by this, and I'm by no means the only American that thinks trade war with Canada is stupid, half the countries number one imports came from Canada, tariffs on a trade partner and Ally is absurd!
2025-03-04 0
It's really very clever to start a dispute with almost every trading partner at the same time. This only leads to almost everything that is imported into the USA becoming more expensive, while in Canada, the EU or Mexico only the American products become more expensive and customers then switch to Canadian, Mexican or European products.
2025-03-04 0
One thing, Canada taxes US imports, Mexico taxes US imports, US doesn’t tax them at all, is this a good deal for the US?
2025-03-04 0
Trudeau, where is your proof that Mr. Putin is a lying murderous dictator, other than your globalist talking points and this mysterious rules-based order conveniently rolled out and articulated by you and other Western leaders only when it serves to bamboozle the Canadian people. Oh, that's right. The truth is that Canada and its Western allies have done much worse than Vladimir Putin, unfortunately many Canadians have been indoctrinated by this silly rhetoric, and more importantly, their are many Canadians that simply see through your lies and remain vigilant for Canada and Canadians.
2025-03-04 0
Is tesla imports to Canada affected?
2025-03-04 0
i agree.. usa needs to ban all export products to canada.... and no imports from canada.... done deal....
2025-03-04 0
US doesn’t hit Canada with 25% tariffs. US hit US-importers with 25% tariffs that they will put on their American prices
2025-03-04 0
What an idiot. He is making everything worse for Canada. And the nerve to bring up Putin and insinuating Trump is on his side. Then to put down the American people to say Your government is doing this. \nIf he were smart, he wouldnt have made a news conference till his temper calmed down. Then just plainly say we are making the same tarrifs to the US...which essentially is a wash. We dont need Canadas imports. The only reason we go to Canada for supplies is because of regulations, EPA , green deal and special interest groups. \nNow that is over we dont need them.\nCanada has refused secure their border for years.
2025-03-04 0
The reality is: the US has reached a record high trade deficit with Canada. This deficit has grown steadily since 1976 (today it is just shy of $100 billion - meaning the US purchases $100 billion more worth of goods from Canada than Canada does from the US). The US imposing tariffs on Canada is a tactic to incentivize US companies who import goods from Canada to move manufacturing/production sourcing back to American soil. This promotes investment and expansion into the US economy. It will also incentivize Canada to commit to investing in the US economy. This would be a negotiation move by Trudeau: we (Canada) will commit to purchasing $25 billion (for example) dollars more of goods from the US if you agree to reduce the tariffs you've imposed on us to blank (maybe 5%). This is likely the end goal Trump is aiming for in the long run.
2025-03-04 0
...and Canada's once non-existent crime rate has SKYROCKETED since Labour began importing culturally incompatible immigrants.
2025-03-04 0
I am really sad to see Canada slide. The USA is loaded with 20th Century industrial equipment that still works. Industry really is important to countries with plenty of resources, as Americans are finally realizing.\nToo bad that Canadian agriculture is such a small part of its economy. In the center of the USA, I always look for produce from Canada over any other place, including the States. Their products are simply the best.
2025-03-03 0
Not interested in Canada. happy where I am with all the benefits i think is important for my living. Canada might be good for idiots from south asia. but the way I look at life its no where near to be even considered for migration. Starting with Income tax haha. Why the heck ytube is pushing these sh1t to my feeds. Need some hints to teach ytube that I DO NOT CARE.
2025-03-03 0
A thought experiment:\nImagine that the Canadian government was given a magic technology that could build five million new homes overnight and assign them by lottery to people who didn't currently own a home.\nWould the government push the button to build the homes and give them to people who needed a home?\nNope. It would not.\nWhy?\nBecause the price of existing houses and apartments in Canada would drop by at least 50% overnight. And in our new, insane, everything-is-financialized, asset-prices-are-the-most-important-thing world, that would be deemed unacceptable.\nJust chew on that for a moment: we have a society, an economy, a governing and property owning class, that would prefer to forego the incredible quality of life increases for the population of magicking 5 million homes into existence, than to lose the valuations of a resource that is so scarce that demand grossly outstrips supply.\nWe live in a world of utter madness.
2025-03-03 0
Canada just imports millions of indians to keep the ponzi scheme going
2025-03-03 0
The real estate market of Canada did fail. It fail miserably after Trudeau's senior government in the 80s. \n\nCanadians are stupid people and are repeating the same mistakes with Trudeau jr. You are missing some important historical data.
2025-03-03 0
biggest difference is cultural, America is a country where people take risks and face hardships due to free will, Canada is a British colony and Canadians are still peasants, society is very complacent and obedient. I moved from USA to Canada, I live in Alberta which is a freedom loving province, but even here they bend over to the idea of monarchy and how important to support family of German pedophiles that lives in Windsor castle thousands of miles away.
2025-03-03 3
It has problems though Canada seems overall a much nicer country than America.\n\nI think after say you reach a gdp of 30k per capita, maybe more gdp per capita alone doesn't improve your quality of life that much.\n\nThings like low crime, social services, etc seem to be much more important.
2025-03-03 0
U wete saying canada wont survive without indian students thryre very important for canadian economy
2025-02-25 0
COMPLETE BULLSHIT. Trump is sending busloads of illegal immigrants from NYC and dropping them off at the Canadian border because that's cheaper than legally deporting them. This clown has them going the wrong way. They are counting the illegal immigrants Canada caught and is sending back to NYC by bus. MAGA idiots trying to make Trump the Frump look good.\nWhat these American geniuses should be looking at is:\nD. J. Trump has been a valuable asset to the Russian services for 40 years?\n\nAccording to former Soviet agent Yuri Shewrew, who moved to the U.S. in 1993 and obtained U.S. citizenship, Donald Trump was classified by the KGB as valuable services for forty years. Szłowie, former KGB Major, is currently one of the most important sources in Craig Unger’s book. “The American Comsar.” In addition to this thread, the book examines the president’s relationship with Jeffrey Epstein, a U.S. financier, who died in 2019.\n\nUnger claims that Trump first interested the Russians in 1977 when he married his first wife, Ivana Zelnickova, a Czech model. At that time, he became the target of a spy operation supervised by Czechoslovak intelligence in cooperation with the KGB. Three years later, when Trump opened his first major Grand Hyatt Hotel in New York City, he bought 200 TVs from Siemon Kislin, a Soviet immigrant who co-owner of the electronic company Joy-People at Fifth Avenue. According to Szedema, Joy-People was controlled by the KGB, and Kislin worked as her agent and selected Trump, a young, growing businessman, as a potentially valuable intelligence.\n\nWhen in 1987. Trump and his wife visited Moscow and Leningrad for the first time, the future president held many business meetings, including KGB officers. According to the Sędzim, Russian officials who perfectly identified the narcissism of the interlocutor and his psychological and intellectual weaknesses led a real “offensive of charm”, flattered him and emphasized that his personality made a huge impression on them. They suggested that such a man should deal with politics, that only people like him can change the world. According to Szbla and Unger, Trump was the perfect target for recruitment in many ways, especially because of vanity and narcissism.\n\nTrump almost immediately “entered” a new role, i.e. “joyfully parroted anti-Western propaganda.” Shortly after his return to the United States, he began his efforts among the Republicans to nominate for his candidacy for president, and even organized an election rally in Portsmouth, New Hampshire. On September 1, 1987, he published a full-page ad-icing in the New York Times, the Washington Post, and the Boston Globe, in which, among other things, he accused the Alliance of the U.S. and expressing his skeleticism to the U. According to Trump, America should stop paying to defend countries that can defend themselves. Such actions caused real euphoria in the USSR. Trump has already made the same the same theses as president.\n\nTrump's victory in the 2016 election. The Russians accepted with satisfaction. Special investigator Robert Mueller did not detect a conspiracy between members of the Trump staff and the Russians, but revealed at least 272 contacts and 38 meetings with people linked to Russia. The storm told The Guardian that he was disappointed with the investigation because there were no counterintelligence aspects of Trump’s relations with Moscow. According to Unger, Trump was definitely an asset to the Russian services, and his book “will start where Mueller ended.”\n\nSource: The Guardian of 29.01.2021.\n\nMelanija Knavs [now Melania Trump] was born in Novo Mesto, Yugoslavia, now part of present-day Slovenia, on April 26, 1970. Her father Viktor Knavs first worked as a chauffeur, and he eventually sold car parts for a state-owned vehicle manufacturer as he made connections with the League of Communists of Yugoslavia, the national communist party.\n\nWhy do you think Trump is so anti-Ukraine? Putin also has sex tapes showing Trump with adolescent girls in Russia, and Trump also owes Putin billions of dollars.
2025-02-24 0
it is also important to mention that they are a lot of people coming from the US and going to Canada illegaly. Take the Roxam road for example. Or that poor farmer who had to dig a trench by himself to block trucks crossing his fields. And they are plenty of more examples.
2025-02-23 0
50% tariff on Canada immediately with threat of NO imports from there.
2025-02-23 0
Is Canada importing illegals to smuggle into the US? Why? There's no money in it like there was with the booze they smuggled in during prohibition. Today with all the sympathy Canada seems to be getting from the liberals here, it should be noted that during prohibition, Canadians did most of the booze smuggling into the US, violating the law, and got filthy rich doing it.
2025-02-23 0
The core problem is not migrants crossing the Canadian border into the US illegally... It's the number of migrants being imported into Canada by its pink-socked tyrant and his Progressive cohorts.\n\nThe simple fact is that Canada is in desperate need of a mass deportation process that would make anything President Trump is planning pale in comparison. This would solve their rising crime, soaring unemployment, unbelievable housing shortage, and much, much more... INCLUDING the migrant spillover from Canada into the US.\n\nJust sayin'.
2025-02-23 0
As a Canadian I am glad Trump is putting terrifs on Canada. Our current Canadian leader is so f'king stupid for allowing mass migration here. The politicians here a f'king corrupt. Stupid Liberals. \nWe don't want all these imported people in our own country either.
2025-02-23 0
Hahahahahaha!! good.. Why can't y'all stay in Canada considering the Prime Minister guilt tripped us last month and tried to literally say that they were more important than us?
2025-02-23 0
Canada imported 1m Indians to Canada to a country that has few job, high rents and hard to survive. They knew when those migrants weren't happy, they would cross over to New York. We all know that. There are tons of them driving Uber, DoorDash. Come to Elmhurst Queens, Jersey City, Edison.
2025-02-23 0
Canada should just stop sll “imports” 1st at their borders
2025-02-20 0
As a US citizen, I am sad for both Canada and the US. We were great allies, and now that is gone. I wanted to move to Nova Scotia and start a new life doing my art and be a part of a culture I love. This is why it is so important to participate in the election process! The future is uncertain, but for those who care about our countries, we need to work together to bring back democracy and bring down the cost of living. It is insane what we are experiencing now!
2025-02-19 0
Sky and land difference between Indian Bollywood movie and the ground reality peoples character, mindset it's really very funny to talk about racism by others towards Indian's when Indians are the top of the world number one in the name of racism brutally racist fascist around the world that is why now rest of the entire world hate Indian recently with India not good relationship with others country like Bangladesh Pakistan Myanmar Sri Lanka Nepal Bhutan Maldives Malaysia Singapore Dubai Qatar Saudi Arabia Kuwait Korea south Africa Australia Europe Canada UK USA.India needs to improve its civics sense, cleanliness hygene instead of hypocrisy blaming others very important need to improve self-respect nasty culture bathroom hygiene is prohibited
2025-02-10 0
I'm from Brazil, living in Brazil, and would like to understand why the drug crises happened in Canada? Because everyone complain but not explain the real cause. It seems that the answer could ofend people because is a political platform related to the liberals. Please, someone could say something about it with honesty? Because it could happen in anyplace throughout the world. The Canada case is very important because it was a very rich country that degraded itself very fast.
2025-02-05 0
Why Canada imposes tarrif in US imports? The Canadian company that importing US goods are the ones that pays.
2025-02-05 5
One important point you missed is no proper heathcare in canada. India is far, far ahead in healthcare. Healthcare is very important for many people. Especially if someone wants their parents to stay in canada.
2025-02-03 0
I've been to the states many times! My opinion is that Americans focus on wallets more than social issues! Americans care more about their own circumstances than working together to help the whole of the population. No one likes to pay more taxes but they are a nessesary evil to be able to pay for health care, public security, and so on! So sure Americans don't pay as much for some things but pay more for things that they shouldn't pay! Health care is something that is very important, how can you be expected to pay for health services if you can't work cause you're ill, doesn't make any sence! Even Americans leave thier country because of what it's becoming! 50- 100 years ago everyone wanted to immigrate to America or Canada, now a days everyone is immigrating here to Canada. Should I have to explain why! It's sad but the U.S.A isn't what it used to be. Mostly because of corporate greed and the influence it has on the gouvernment! Just look at how Trump is running things. A country isn't a bussiness, it's a people, without the people a country is nothing. Too bad Trump and his billionaire butt licking friends can't see that!
2025-02-03 0
Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate \nTrump takes softer line on UK, saying ‘I think that one can be worked out’, while Mexico and Canada vow levies and to strengthen ties with each other \n \nPhilip Wen, Léonie Chao-Fong and agencies \nMon 3 Feb 2025 03.57 GMT \nShare \nDonald Trump has threatened to widen the scope of his trade tariffs, repeating his warning that the European Union – and potentially the UK – will face levies, even as he conceded that Americans could bear some of the economic brunt of a nascent global trade war. \n \nIt comes as Trump’s tariffs on Mexico, Canada and China, announced on Saturday, sparked retaliation from all three countries. Mexico and Canada have vowed levies of their own while China and Canada are seeking legal challenges. \n \nTrump said on Sunday night that new tariffs on the EU will “definitely happen”, repeating previous complaints about the large US trade deficit with the bloc and his desire for Europe to import more American cars and agricultural products. \n \nEmpty shelves remain with signs ''Buy Canadian Instead'' after the top five US liquor brands were removed from sale at a British Columbia liquor store in Vancouver. \nAsian sharemarkets tumble in response to Trump tariffs \nRead more \n“It will definitely happen with the European Union, I can tell you that,” he told reporters. “I wouldn’t say there’s a timeline but it’s going to be pretty soon.” \n \nTrump appeared to take a softer line on the UK, citing a good relationship with prime minister Keir Starmer while saying tariffs still “might happen”. “The UK is out of line but I’m sure that one, I think that one can be worked out,” he said. \n \n“Well Prime Minister Starmer’s been very nice, we’ve had a couple of meetings, we’ve had numerous phone calls, we’re getting along very well, we’ll see whether or not we can balance out our budget.” \n \nIn Canada, the department of finance published a list of US products imported into Canada that it will target with a 25% retaliatory tariff starting on Tuesday. \n \nThe list shows products that will be hit in the first round of retaliatory tariffs by Canada starting on Tuesday, and mounts to $30bn Canadian dollars’ worth of goods (about US$20bn). The impacted products include tobacco, produce, household appliances, firearms and military gear. \n \nCanada is also preparing for a second, broader round of retaliatory tariffs in 21 days that will target an additional C$125bn (US$86bn) worth of US imports. The second list would include passenger vehicles, trucks, steel and aluminum products, certain fruits and vegetables, beef, pork, dairy products and more. \n \nFILES-US-CANADA-MEXICO-CHINA-TRADE-TARIFFS<br>(FILES) US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Trump is imposing steep tariffs on major US trading partners Canada, Mexico and China, with a lower rate on Canadian energy imports, said the White House on February 1, 2025. Washington will impose a 25 percent levy on imports from Canada and Mexico, with a 10 percent rate on Canadian energy resources, until both work with the United States on drug trafficking and immigration. Goods from China, said the White House, would face 10 percent tariffs. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) \nTop Democrats warn tariffs will hit Americans hard as Trump says it’s ‘worth the price’ \nRead more \nClaudia Sheinbaum, Mexico’s president, said her government will provide more details on the retaliatory tariffs she ordered on US goods on Monday. Sheinbaum, in a statement on Sunday, said she will announce details on her government’s “plan B” as she insisted that Mexico “doesn’t want confrontation”. \n \n“Problems are not addressed by imposing tariffs, but with talks and dialogue,” she said. “Sovereignty is not negotiable: coordination yes, subordination no.” \n \n'Coordination yes, subordination no': Mexican president responds to Trump's tariffs – video \nSheinbaum and Canadian prime minister Justin Trudeau spoke by phone on Saturday after Trump’s administration imposed the new tariffs – 25% on goods from Canada and Mexico, with a lower rate of 10% for Canadian oil, and 10% on imports from China. \n \nTrudeau’s office said in a statement that Canada and Mexico agreed “to enhance the strong bilateral relations” between their countries. Canadian officials have had extensive dialogue with their Mexican counterparts, but a senior Canadian official said he would not go as far as to say the tariff responses were coordinated. \n \n“Now is the time to choose products made right here in Canada,” Trudeau posted Sunday on X. “Check the labels. Let’s do our part. Wherever we can, choose Canada.” \n \nTrump acknowledged the sweeping tariffs he has imposed on Mexico, Canada and China may cause “short term” pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation. Asian markets, cryptocurrencies and US and European stock futures slumped in early Asian trading on Monday. \n \n“We may have short term some little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world,” he said. day, Trudeau said: “We’re certainly not looking to escalate, but we will stand up for Canada.” However on Sunday evening, a senior government official from Canada briefing reporters in Ottowa on condition of anonymity said: “We will obviously pursue the legal recourse that we believe we have through the agreements that we share with the United States.” \n \nThe official said the Canadian government considered the move by Trump illegal and said it violates the trade commitments between the two countries under their free trade agreement and under the World Trade Organization. \n \n“If other legal avenues are available to us, they will be considered as well,” the official said. \n \nCanada is the largest export market for 36 states, and Mexico is the largest trading partner of the US. \n \nCanada and Mexico ordered the tariffs despite Trump’s further threat to increase the duties charged if retaliatory levies are placed on US goods. \n \nChina also said it would file a lawsuit against the tariffs. The imposition of tariffs by the US “seriously violates” World Trade Organization (WTO) rules, China’s commerce ministry said in a statement, urging the US to “engage in frank dialogue and strengthen cooperation”. \n \nFiling a lawsuit with the WTO would be a largely symbolic move that Beijing has also taken against tariffs on Chinese-made electric vehicles by the EU. \n \nThe commerce ministry also said the tariffs were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation”. China has said it would take countermeasures to “safeguard its own rights and interests”. It is not clear exactly what form these will take yet. But for weeks Chinese foreign ministry spokesperson Mao Ning has said Beijing believes there is no winner in a trade war. \n \nLate Sunday night, Trump said he would speak with Trudeau on Monday morning and shortly after said he would speak with Mexico as well, although he did not specify that he would speak with Sheinbaum. \n \nBeyond the official response, people were already thinking of ways to cope with Trump’s decision, including by sharing suggestions on social media for alternatives to US products. \n \nCanadian hockey fans booed the US national anthem on Saturday night at two National Hockey League games. The booing continued on Sunday at an NBA game in Toronto where the Raptors played the Los Angeles Clippers. \n \nFrom left to right, Toronto Raptors forwards Bruce Brown, Scottie Barnes and Chris Boucher react as fans boo the United States national anthem before NBA basketball game action against the Los Angeles Clippers in Toronto, Sunday, Feb. 2, 2025. (Frank Gunn/The Canadian Press via AP) \nToronto Raptors fans boo US national anthem after Donald Trump tariffs \nRead more \nOne fan at the Raptors game chose to sit during the anthem while wearing a Canada hat. Joseph Chua, who works as an importer, said he expects to feel the tariffs “pretty directly”. “I’ve always stood during both anthems. I’ve taken my hat off to show respect to the American national anthem, but today we’re feeling a little bitter about things,” he said, adding that he will start to avoid buying US products. \n \nIn the streets, people in Mexico were trying to absorb the announcement on Sunday, although some in the capital acknowledged that they were unaware of the measures. \n \nIn the border city of Mexicali, across from Calexico, California, some people were concerned about the wider implications of a trade war. \n \nDriver Alejandro Acosta says that he crosses the border weekly in his truck to deliver vegetables to US companies. He said he fears US businesses in the Mexicali Valley will no longer want to operate in Mexico and they will move to the US. \n \n“If they raise taxes on the factories here, jobs may also decrease,” he said.
2025-02-02 0
CANADA JUST TAKE CARE OF YOUR BORDER… IMPORT MORE HUMANS FROM INDIA AND CANADA WILL BE PROVINCE OF INDIA
2025-02-02 0
Retaliation tariffs. That's a ridiculous idea. You don't win a tariff war when you're the country that has a trade surplus. In 2023, Canada imported approximately $431.2 billion worth of goods from the United States, while the United States imported approximately $354.3 billion worth of goods from Canada. That's going to hurt Canada a whole lot more than it'll hurt us.
2025-02-02 0
This will hurt them more than it will hurt the U.S. because those countries rely on U.S. imports to help sustain their economy. \n\nHere’s a list of countries and percentages of imports between them from 2023: \n\nU.S. -> Mexico = 15.6%\nMX -> U.S. = 43.9%\nU.S. -> Canada = 14%\nCanada -> U.S. = 77%\nU.S. -> China = 7.5%\nChina-> U.S. = 16.5 % \n\nAnd some of those imports we get from other countries are just oil, which is no longer the case since now we are going to drill our own oil. Hmm ? It’s as if they’re almost saying “Please make Canada and Mexico the 51st and 52nd state of the U.S. We don’t know how to run a country nor we don’t like our constituents.” ??
2025-02-02 0
Don't buy into this Canadians. \nThese Liberals are delighted they can now campaign against Trump instead of Canada's conservatives. \nTrudeau's tariffs on American imports will directly raise prices in Canada, not the US, and will provide a windfall of tax money for his spendthrift government.
2025-02-02 0
Like it or NOT, We ought LOTS to the Canadian and Mexican government. We have been eating a LOT of Good food that Gets imported from Mexico, and CANADA has helped Us in So MANY OTHER WAYS.
2025-02-02 0
Canada dont worry Europe want import from you. USA is not the only one who want goods.
2025-02-02 0
hahah. 25% on $1 billion in goods exported to canada, while 25% on %539 billion exported to the US. what a joke Canada is. It would be like telling Bill Gates he is getting a ticket for $1,000 for a parking violation. pointless and no effect. As for Mexico, they export to the US nearly 2x what they import from us, so they are still on the losing side. Just co-operate, simple. Borders should have been closed and monitored by all 3 countries in a co-ordinated effort to help all 3 countries.
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