cross-posted from: https://lemmy.world/post/24657192
Summary
In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.
The remark elicited gasps from the audience.
Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.
He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.
Economists warn such tariffs would raise prices for U.S. consumers.
Why people keep listening to what that being says? Just respond to his actions, anthing else is useless…
I somewhat agree with your point but after years of him saying he would do fucked up shit and then him doing a lot of it, it helps to be prepared for his intentions as they manifest into actions in many cases.
I personally think this is bravado to negotiate something more realistic, although if he really wanted to it’s unlikely Canada would resist.
There is no actual fentanyl or immigration basis for tariffs on Canada. Just submit to less representation than California, and help absorb large US debt with little in return for it.
There’s no basis for tariffs on Mexico either.
What about the provinces within Canada? Are they gonna all merge to become one US megastate?
All I know is that Quebec would never allow that
All hail GiGa Montana
Finally, Hannah Montana!
Us citizens pay tariff this doesn’t hurt Canadians. They should call bluff and say do 30%.
It potentially reduces exports from Canada to the US, hurting our economy. Nobody wins
Canada imports more from USA than it exports to USA. A trade war that decreases exports would hurt USA more than Canada.
The largest exports from USA to Canada are cars and trucks. (Finished products) The largest exports from Canada to USA are minerals, fuels and pulp. (Raw material)
This puts USA at a disadvantage in a tariff game, because it’s a lot easier for Canada to replace American cars with Asian or European cars, than it is for USA to replace the variety of ressources that Canada provides
It’s also a lot easier for Canada to find other customers for raw materials than it is to sell American cars on other continents.
We have a lot of resources. Ya our shit will get more expensive, but he’s gonna fuck his own country doing this. Canada will survive.
My understanding is that tariffs in general can apply to both imports and exports, on either side.
Well according to wiki you are right. I was on ever taught tax on imports in school. Taxing exports only works of there is one possible vendor and if there is not then the competition will just has to charge slightly less while expanding production.
Imagine if China , EU, and or japan be like here is 10% discount. Or better yet Trade alliance among countries who Trump charges on exports would be hillarious.
How about trump can suck my left nut. There, I said it.
As a Canadian, fuck you Trump. Canada will never be a US state. Not sorry.
It’s bad enough being one of those states now, and I’m in one of the good ones.
As they say in Canada, they’re not having Nunavut these hosers, eh ?
If it goes down I’m just gonna scoot up north and fight on your side for Canadian citizenship.
I wonder how many would lol
That’s a really good idea! I’m about 5-8 hours from the Canadian boarder but I will not fight for a fascist country. I’ll either join the other side or join a resistance here.
I’m about 4 hrs from the border but could easily make that shorter in an emergency! Combat veteran as well.
I’m a vet also. Never felt the need for a gun as a civilian, but November changed that for me.
Why did November change that for you? What has actually increased your need for a gun since then?
A tyrannical government?
Arm the proletariat?
I got a couple last summer because I knew it’d be a shitstorm regardless of who won.
The amount of Americans visiting Australia who assume people here would want to live in America instead given the option was astounding to me.
Canada’s economy is dependent on the US. Trump might actually pull this off.
Edit: More context since people are downvoting. Consider the following now picture yourself one of the greedy capitalists in Canada, which is a preferred outcome? Losing your wealth or losing Canadian sovereignty?
Just because I think it is likely doesn’t mean that I think it’s right. This is clearly wrong.
Canada’s oligarchs like the fact that only Israel and US is allowed to compete with them, and elections are cheaper to buy. A single state makes them lose power. Population understands only negatives from US, and also would not vote for Trump.
Unfortunately for Canadians, they are still programmed to side with US over China and Russia, and that programming makes it a blasphemy to seek independence that would also protect them from the US. As long as Canada’s position is to beg to restore its fully subservient colonial status, then the Trump extortion will continue.
One goal that Musk would have behind this is that it can destroy the big 3 automakers.
Canada is also America’s largest trading partner.
America had $357 billion dollars worth of imports from Canada in 2023, if they introduce a 25% tarriff Americans will pay $446 billion instead because it’s not like you’ll get all that stuff anywhere else for cheaper since America is going to put tariffs on practically every other country they trade with apparently.
Corporations spend billions on the current infrastructure and trade routes and logistics, they will not uproot everything and go through the pains of firing everyone then moving to America and retraining because of a short term loss. American administrations are fickle, many of them will simply wait out the 4 years hoping it will return to normal then. If it doesn’t then maybe they might consider it then but for the next 4 years Americans are going to be paying a shitload more for anything that’s not made in America.
American businesses will also find it a lot more difficult to sell their products out of the country when those countries retaliate with tarriffs against them.
Not likely.
Likely doesn’t mean inevitable. I am the pessimistic type, so there’s that. I hope that I am proven wrong.
Trump seems to have the goal of destroying the US from all I can tell. Our economy and power are so dependent on our connections to the rest of the world and he is burning them all down. The US dollar gets replaced as the fiat currency we are wholly fucked and this dumb shit is how that happens.
Inshallah
And the last gasp of our conservatives as the final pillar of the whitehouse collapses into a flaming wreck due to Trumps ridiculous toddler-like mismanagement of everything will be to blame it all on the Democrats.
Somehow, even with conservatives owning all the branches of government, it will be the Dem’s fault.
If Trump is serious about this it will be bipartisan by 2028 just like all the 2016 Trump policies that were bipartisan by 2020
Lol that’s just the narrative they need to fundraise another loss in the 2028 election.
LGBTQ+ and immigrant fear can convince conservatives of about anything.
And they’ll even say sorry for it because they consider it “impolite” and “not done” to talk back to the sitting government or some shit.
When Dollar is replaced as the reserve currency, America’s imports will shrink and there may be inflation. But it won’t result it in defaulting on its domestic currency.
Any austerity on the US will be self-inflicted (as it is in the UK and Europe). The unwillingness of the US Government to take over the economy from the parasites will make things much worse.
Who needs dollars when you have $TRUMP meme coins?
Bitcoin is a form of electronic token, so $TRUMPET
Now backed by your social security! Thanks Obama
Fair. I was just thinking what the monetary system really needed was to be more obscure, cartoonish, energy intensive and unstable.
Stop, I can only get so erect.
That’s the point, I think, as well. I could see Putin using the useful idiot to destroy the primary rival to its superiority. The US is incredibly difficult to invade. The intelligence apparatus is too ingrained in all our communication to avoid detection. If you can’t get the rot to start from the outside, go for the inside.
Damn these Russians making the US into warmongers. After all, stealing land is a completely foreign concept in America
Nice
let’s go comrade trump
If America is forced to accept austerity measures over our massive debt when the dollar is no longer fiat, regular people will be the ones who suffer sadly.
As long as the US dollar has maintained and will maintain its supremacy, regular people suffer all over the world for the comfort of treatlerites in the imperial core.
I’d rather the dollar crash so that the world has a chance.
He is preparing a firesale for the super rich…
rip you guys are gonna get couped
imperialism is manifesting itself in the imperial corerip you guys are gonna get couped
Seems to me we got couped. It was just mostly domestically bloodless. So far.
imperialism is manifesting itself in the imperial core
Sounds familiar
Hey, I’ve seen this one before!
Canada is one of the few countries that has actually defeated the USA. They even burned the white house.
American here: honestly would not mind if Canada came and did that again at this point. Please help us get the Nazis out of the White House.
No, that was the British during the war of 1812.
British based in occupied Canada, with Canadian born soldiers the majority of soldiers.
They did that to halve of this world, just not to that many western countries.
yeah they got couped
Don’t act like Canada hasn’t been seeing it’s own share of right wing extremists making their way into government.
Yeah no need for a coup really. Without a revolution Canada is gonna be part of this new axis on its own.
Do you really think it’s likely this will happen? I think hell just start throwing a tantrum and maybe symbolically apply some tariffs.
Yes it is likely. Canada can’t afford to resist. Canada is highly dependent on trade with the US.
Just because I think it is likely doesn’t mean that I think it’s right. This is clearly wrong.
Your screenshot does not make it likely.
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Trump is going to speedrun all our
vassalsallies into joining BRICS, and I’m here for it.American anschluss of Canada to expand their lebensraum, because they feel they deserve it.
Musk does not hide how he feels about it, we wouldn’t either.
Is the US so attractive that countries are lining up to join? 🤔🇺🇸
Come for our healthcare! Stay cause you died.
Me too, thanks.
Dear Trump:
