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

Watching the US dollar

Grabs popcorn

[-] Sixtyforce@sh.itjust.works 0 points 1 week ago

Watching the already shit Canadian dollar...

looks up best noose rope

[-] InFerNo@lemmy.ml 1 points 1 week ago

rope prices too high

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[-] GreenKnight23@lemmy.world -1 points 1 week ago* (last edited 1 week ago)

I'm going to love watching that smug tone vanish when you come to the realization that the US Dollar is a world currency and without it, it will cause widespread economic depressions across the world.

edit: I guess y'all don't like to hear the truth. go ahead and bury your heads in the sand while orange putin destroys the world economy.

[-] Wooki@lemmy.world 0 points 1 week ago* (last edited 1 week ago)

Gold, local currency, you dont need to be a rocket scientist to figure it out.

[-] prole@lemmy.blahaj.zone -1 points 1 week ago* (last edited 1 week ago)

LOL, gold... What year is it? If someone tried to give me gold for food in a global meltdown situation, I would tell them to fuck off.

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[-] GreenKnight23@lemmy.world -2 points 1 week ago

you're thinking too locally. countries have a reserve of USD on hand to use as trade and an easy way to pay debts. this is why USD is called a "global reserve currency"

Countries hold reserves for a number of reasons, including to weather economic shocks, pay for imports, service debts, and moderate the value of their own currencies.

what do you think happens to those other countries that hold USD reserves when it drops in value?

it's an economic depression! hope you're ready for your grocery bill to quadruple. do you think your power company will accept payments made in gold? silver? pleasures of the flesh?

doesn't take a rocket scientist to figure out what's going to happen once the USD halves in value. complete economic meltdown.

the question you should be asking yourself is, who benefits from this?

[-] Wooki@lemmy.world -2 points 1 week ago* (last edited 1 week ago)

Comical.

groceries

Maybe for Americans where groceries are highly highly processed let alone majority imported.

Grabs locally grown whole foods including popcorn and gets healthier

[-] GreenKnight23@lemmy.world -1 points 1 week ago

can't be edgy while you starve.

you'll think back to this moment when you're hungry.

[-] Wooki@lemmy.world 0 points 1 week ago

Better start prepping then so you don't starve

You'll think back at this moment when you've got a full stomach.

[-] GreenKnight23@lemmy.world -1 points 1 week ago

you're right, I will. but not for the reasons you're implying.

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[-] NigelFrobisher@aussie.zone 0 points 1 week ago
[-] humble_pete_digger@lemm.ee -2 points 1 week ago* (last edited 1 week ago)

Canada doesn't have a military.
Nor would be able to be resupplied like Ukraine.

It was a long us policy to keep it completely neutered so it will ultimately do whatever us asks, not sure why Trump had to aggravate it publicly cuz they don't have a way out anyways.

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

Another idiot who never left their fucking red run backward ass shithole county. Go and visit Canada, one should not play games with them. They're educated and they know how to fight dirty.

[-] vaultdweller013@sh.itjust.works 1 points 1 week ago

Have read ANY Canadian military history? Theyll fight like animals and invent new warcrimes while at it. Also I suspect at least a few states would revolt and help the Canadians at minimum the west coast and vermont.

[-] humble_pete_digger@lemm.ee -2 points 1 week ago* (last edited 1 week ago)

This is not 1812 when Britain ruled the sea and could resupply Canada. Nowadays u need drones, high tech weapons etc. None of which u have

[-] Flatfire@lemmy.ca 1 points 1 week ago

Except we do. Canada's military isn't large, but it's quite modern. We've been a significant part of training Ukraininian forces on how to use NATO equipment. I think you're a bit confused.

And while I don't agree with our participation, Canada hasn't been a peacekeeping corp in a long time either, having been a player in the war in Afghanistan and Syria. We've pretty consistently assisted American troops in these areas. Canada is a member of NATO, and a developer of arms and munitions as part of the indistrial military complex. We aren't reliant on an island across the ocean for our own protection.

[-] Adm_Drummer@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

You realise Britain survived both world wars because of Canada right?

Canada exited that era with the second largest navy in the world.

Canada fought hard enough in Korea that the Chinese feared Canadian soldiers.

Canada was one of the first Nations to enter the war in the middle east with the US. Sending tens of thousands of soldiers from the years 2001-2016.

Canada currently operates Leopard 2a6 MBTs, F16s, f35s and possesses what is largely considered one of the most defensible and inhospitable geographies. Has several shipping yards in northern territories that would be untouchable by ground offensives and a population of small town hicks that hate Americans.

Canada has a standing army of 100k soldiers largely trained in small party tactics, ambushing and booby trapping.

It won't be pretty, I'll tell you that. But you think Canadians or any other nation allied with Canada would stand for American aggression?

EDIT: Meant to write F-18. Wrote F-16 instead. Point still stands. Canada has a small yet capable military when we need it.

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

This is actually pretty mind-blowing as a U.Statesian (lol).

I mean how we're neighbors and yet we just DON'T get any news about Canada. Like, at all.

And yeah I have no doubt the Canadian forces have done a ton in the world, but are they just really humble about it and don't go stomping around in front of the global camera network all day or what? Do they spend most of their time embedding with allies maybe?

You just don't hear about it. Canada's just quietly there being chill...except for all that anti-vax-trucker nonsense and various whining about Trudeau, of course.

If it's just a matter of humility as policy. Respect. Lol

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[-] ByteJunk@lemmy.world 0 points 1 week ago

I've said this before, the EU should just invite Canada into the Union.

[-] AnUnusualRelic@lemmy.world 0 points 1 week ago

Canada would have to switch to European standards instead of US ones. Their companies wouldn't be happy.

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

How do Canadian companies like tariffs? Just saying, it's not impossible...

[-] Gammelfisch@lemmy.world 0 points 1 week ago

The Canadians can take the Blue States with them to the EU.

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

I'm not too sure they'd be such a great fit for the EU, culturally and socially. That sounds like we'd be taking in a Trojan horse.

[-] wewbull@feddit.uk 0 points 1 week ago* (last edited 1 week ago)

So they'll make Canadians pay import taxes on American goods. Do American exports to Canada compete with anyone on price? Surely it's mainly availability of goods?

[-] DicJacobus@lemmy.world 0 points 1 week ago

a lot of it is about choice. whether its by foreign culture brainwashing/advertisement spam, or canadian products just being less popular. people tend to buy american products because the retailers are locked into supplying them. if that were to change the average consumer might have to change brands for food, pay more for luxuries, and say goodbye to some specific things for a while until replacements are found, but when national security is on the line, canadians need to learn how to go cold turkey and abandon this dependence on an obviously untrustworthy, unreliable, and hostile United States.

[-] Semi_Hemi_Demigod@lemmy.world 0 points 1 week ago

an obviously untrustworthy, unreliable, and hostile United States.

Our countries were like best friends for so long. This makes me sad and angry. I feel like I'm gonna be this way for a while.

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[-] LuckyPierre@lemm.ee -2 points 1 week ago* (last edited 1 week ago)

If, as most economists agree, tariffs hurt the importing country most - why would Canada do that to its own people?

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[-] Gammelfisch@lemmy.world -3 points 1 week ago

Tommorrow, "America" will become "AmeriKa." Canada will survive and make progress, while the US will regress and fall apart.

[-] TheGalacticVoid@lemm.ee 0 points 1 week ago

A lot of the issues in Canada are the same as the issues in America except dialed up to 11. It is way more likely that Canada falls apart before America does.

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

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