Quote:
Originally Posted by OldDutch
Exactly. Yet all we are hearing is bad for our economy.
What I am talking about is that this is a show we have seen before in the first Trump term. Where did that go? Right, they were removed once Trump made his political point, but after pressure from his own party.
He's latched on to this threat, basically because it works. Look at this thread. Very few are actually talking about the details. What I am saying is look at the facts. He's shooting himself in the foot Day 1. He has an agenda he needs support with. He will lose this support quickly if goes ahead.
So my point is, he knows what he is doing, we have seen how it plays out, yet here we are falling for it again.
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I'm not sure what your point is still. In his first term, Trump instituted a 25% tariff on Canadian steel & aluminum. Canada retaliated, targeting multiple US industries that equaled the total trade value of the steel & aluminum.
This time Trump is saying universal 25% tariff on Canada. The hope is that it doesn't come to fruition, but with six days to go all signs point towards that reality.
What 'facts' should we be discussing? The exact details of how the free markets will react is unpredictable.