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2025-03-04 0
They cant put chains on peoples hands they chain people up with debt and brake peoples backs with f k n taxes. They dont realize if you give more people spend more because they want to buy things for family and be happy thats how production is. Give and take. Comunist a s s holes.
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.)
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