- cross-posted to:
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- cross-posted to:
- [email protected]
Summary
Donald Trump launched a trade war against Canada by imposing a 25% tariff on nearly all Canadian goods, including a 10% levy on energy products.
His action, intended to pressure Canada to curb fentanyl flows, contradicts official trade figures and ignores that most deficits result from American demand for cheaper Canadian oil.
The tariffs, set to remain until Canada complies, could cost billions to Canada’s economy and disrupt $800 billion in annual trade.
Canada is expected to retaliate, forcing Prime Minister Trudeau to respond amid escalating cross-border tensions.
Dont worry, soon you will only make transactions in Doge and get paid in Bitcoin.
Why else would they be going out of their way to kill the dollar?