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submitted 1 week ago by MicroWave@lemmy.world to c/world@lemmy.world

Summary

Canada is preparing to retaliate against Donald Trump’s proposed 25% tariffs on Canadian imports, which could trigger the largest trade war between the nations in decades.

Prime Minister Justin Trudeau promised counter-tariffs worth $37 billion, with potential for further measures, depending on Trump’s final order.

Canadian officials warn the tariffs could harm both economies, disrupting key sectors like automotive, energy, and agriculture.

Labor leaders expressed concerns over job losses and urged collaboration. Canada hopes to avoid tariffs by highlighting their mutual economic impact to U.S. lawmakers.

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[-] ShittyBeatlesFCPres@lemmy.world 7 points 1 week ago

I love long-discredited economic ideas making a comeback. As someone who studied Econ, it’s just peachy seeing people vote to be poorer because no one remembers the last 50 times this was tried and didn’t work.

Please, everyone read about the 1800s. I’m not completely hostile to crypto but so many crypto people are like, “What if we had a ‘free banking’ era? Surely, there’s no downside.” And you just slam your fist on the table and say “Please read one AP American history book. An actual textbook, not a YouTube video. I’m not a particle physicist because I watch PBS Space Time.”

[-] Xanthobilly@lemmy.world 1 points 1 week ago

I feel like in every field right now, experts are facepalming all the ignorant decisions being made.

[-] grrgyle@slrpnk.net 1 points 1 week ago

They need to YouTube a few meditation videos so they can become experts in mindfulness and not worry about all that /s

[-] MonkeMischief@lemmy.today 1 points 1 week ago* (last edited 1 week ago)

I think you're right, and all of this is a side effect of mortgage-level paywalling of such education, and subsequent devaluing and even demonizing of it.

Resources like AP textbooks don't just come up in peoples' feeds. So they're probably not even aware of them even if they were interested in the subject. And if they are, they gotta scrounge around eBay or those "library" sites.

Either way, it won't reach the people who need to hear it most.

YouTube's gotten really bad with commercial and ideological interests, but I do appreciate some creators out there making an effort to create digestible educational material.

But yes, the cryptobros phenomenon , or "DOGE" just being a re-vomit of failed Reagan/Thatcher-esque grifting policies, it's all being pitched as something brand new and never done before.

Thanks for highlighting that I should check out 1800's era "free banking" economics though. I'm really curious. :)

[-] RedditRefugee69@lemmynsfw.com 1 points 1 week ago

I think it's a bit late to tell people to look up why this won't work, especially on Lemmy.

Everyone here knows Trump is not going to be good for the economy and can't or won't do anything about it.

this post was submitted on 18 Jan 2025
68 points (98.6% liked)

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