The President is empowered by a Congress controlled by a narrow majority. Rather than the individual they have chosen, I am pissed at the Republican party. And disappointed in the American people. The guy? He was always that way and would have continued to be so at a safe distance from the levers of power without his enablers.
It is the American and especially Republican relationship with Canada that is important in this situation. Those are what endure, that person is only momentarily significant. So, where we can choose the narrative, I think that’s important to focus on.
Plus I suspect he likes the sound of his own name.
Of the 14% of Americas imports that are from Canada under half are in energy or transport fabrication. The energy hits are much quicker to fix by importing more fuel from other nations.
I agree that the US auto sector hit will be harder but as for energy high enough tariffs will lead to a complete rejection of Canadian energy imports for US companies. This will be a loss for the US. But it will hurt Canada more. Tariffs are a zero sum game. The only way to win is to get everyone to agree to not play.
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Of the 14% of Americas imports that are from Canada under half are in energy or transport fabrication. The energy hits are much quicker to fix by importing more fuel from other nations.
I agree that the US auto sector hit will be harder but as for energy high enough tariffs will lead to a complete rejection of Canadian energy imports for US companies. This will be a loss for the US. But it will hurt Canada more. Tariffs are a zero sum game. The only way to win is to get everyone to agree to not play.
https://oec.world/en/visualize/tree_map/hs92/import/usa/can/show/2022
Hence my quote: