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.

  • Nougat
    51•16 hours ago

    Before Trump imposed his tariffs, the Canadian government said U.S. gas prices could jump some 75 cents US a gallon overnight if he went ahead with tariffs.

    Higher fuel prices are going to make the consumer cost of everything go up.

      • @Corkyskog@sh.itjust.worksEnglish
        4•8 hours ago

        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?

    • FiveMacsEnglish
      20•16 hours ago

      They think they will continue to earn sales when things go up. I’ve already stopped buying anything but food, so honestly…I don’t care. Everything can skyrocket 300% and I wouldn’t give a flying fuck

      In my mind, it’s time to teach ALL companies a lesson and stop consuming. I mean full stop, but literally nothing. Kill them financially. I know this won’t happen because the majority of smooth brained idiots who can’t help but buy dumb shit over and over