Quote Originally Posted by ThePieWhoCameIn View Post
Sorry, I'm confused about tariffs again. It seems that Canada is to respond to US tariffs with retaliatory tariffs of its own.

Why is that necessary if Canada already had tariffs on US goods?

I also note that Trump almost managed to admit the tariffs will cause 'some pain' (but it will be worth it in the end). I presume he means pain for his electorate, I doubt he'll feel anything.

Ironically, the only good thing that comes out of a global recession is lower consumption, which is at least better for the planet. Who knew Trump was an environmentalist
The US exports over US$330 billion to Canada each year and there are many goods that don't currently have tariffs or have lower tariffs placed on them when they arrive into Canada. Trudeau's announcement will impact on US$155 billion of US imports.

Then look at the other side. The US imports over US$400 billion of Canadian goods each year.

Trudeau is a dead duck and is having his last hurrah before he fades away into insignificance and joins the gravy train of the UN. He'll only be remembered for the way in which he treated the Canadian people during Covid, once their new government announces an independent enquiry and his authoritarian actions are scrutinised.

Trudeau is following the tactic adopted by many similar governments to him, to wreck the economy for the new administration coming in.

There will only be one winner and it won't be the Canadian public.