this post was submitted on 28 Nov 2024
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Canada leaders agree to unite against Trump tariff threat amid reports of retaliatory measures (www.theguardian.com)
submitted 3 weeks ago by [email protected] to c/[email protected]
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cross-posted from: https://lemmy.world/post/22536274

Summary

Canadian leaders, including Deputy PM Chrystia Freeland and provincial premiers, pledged unity against US president-elect Trump’s threat of a 25% blanket tariff on Canadian imports.

The tariffs, aimed at addressing drug and migrant flows, could disrupt key trade, including oil, driving up US fuel costs.

Canada is preparing retaliatory measures, echoing its response to Trump’s 2018 tariffs.

Officials argue such actions harm both economies, noting Canada is a critical supplier of energy and materials to the US. American oil groups also oppose the tariffs, citing potential consumer and industry harm.

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[–] [email protected] 3 points 3 weeks ago

He's just using this as leverage to get more concessions out of Canada and Mexico. He's announcing the tariffs months before he can even try to implement them.

It's gonna work too. Look how we're scrambling about border security in Canada now.

I wish the rest of the world would just stand up to him and impose the same tarifs on the US. He would cave: he's just a bully full of hot air. And I'm being nice.

The US consumer could finally get to see what they actually voted for.

But what do I know: actions don't seem to have consequences anymore.