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Originally Posted by Mean Mr. Mustard
I'm not an economist but an export tax placed on natural resource revenue will cost the American consumer more would it not, and there really isn't the infrastructure to support any meaningful alternatives. The weird thing about this talk about a trade deficit is that the United States needs many of these products such as oil and energy and while they do have natural resources they are difficult to extract and transport and it would take years to develop the same infrastructure.
Putting the screws to the administration seems like it would damage the Canadian economy but also extract wealth out of the states in the process.
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Tariffs, and the retaliatory tariffs will make goods more expensive on both sides of the border for regular folks.
You might be asking yourself "why do this then?" and the answer is that Trump does not care about the consumer. American nor Canadian. Never has. He just enjoys being powerful.