Summary
Canadian Prime Minister Justin Trudeau denounced Trump’s sudden 25% tariffs, warning they threaten American jobs and will inflate consumer costs.
He revealed that Trump refuses to take his calls and sharply criticized claims linking tariffs to illegal immigration and fentanyl crossing U.S. borders.
In retaliation, Canada and Mexico imposed matching tariffs, targeting crucial American exports like auto parts, agriculture, and red-state staples like famous Kentucky bourbon.
Trudeau warned American factories may shut, citing integrated supply chains.
Source? Does this include energy / oil or only consumer goods?
Google is your friend.
https://en.wikipedia.org/wiki/Canada–United_States_trade_relations
Oh so this is just layperson’s math on the back of a napkin. Thanks for clarifying.
Trump and his ilk are trying to spread the idea that the US doesn’t have to buy the $482 billion worth of goods ans services from Canada and its doing so essentially as a ‘favor’.
Canada does not have the systems in place to sell to the rest of the world efficiently, especially oil. Which is part of why the Canadian economy is more dependent on the US than vice versa.
It looks like ~20% of the $482 billion figure you’ve cited is oil which the US could reasonably procure from elsewhere, even domestically, if there was a will to do so. Especially considering that Western Canada Select is high in sulfur and needs more refinement, making it less valuable on the global market.
Yes, I dumbed it down for the MAGA crowd and pedants on Lemmy.