Quote:
Originally Posted by Firebot
It's pointless to think of the should have parts right now (Energy East, diversifying etc). We are in the state we are today, and have to manage accordingly.
Canada absolutely has to retaliate against a bully. If 25% on all goods do 50% retaliation. Not a like for like, but a punitive one.
This is in addition to fentanyl strike teams or something stupid to get Trump to get his 'win'.
Outside of oil, the US enjoys a trade surplus with Canada. It will hurt both sides significantly (especially when the US is doing the same to Mexico, declared a trade war against the EU and China as well).
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I don't see how 50% retaliation helps the situation. It just crushes 99% of the Canadian population in the short term who are already battling to survive following our inflation crisis. Maybe the government will expedite some $2000 monthly cheques per person or something to help us out but that just means we will pay for that down the road.