Trade WAR - US vs Canada

After the U.S placed tariffs on Canadian steel and aluminum the Canadian government has responded with a "dollar to dollar" response on more than 140 American goods.

Currency rates
xe.com/currencyconverter/convert/?Amount=1&From=USD&To=CAD

youtube.com/watch?v=s1t-nlxQbuw

globalnews.ca/news/4304743/canada-retaliatory-tariffs-final-list-trump-steel-tariffs/

"Freeland, however, announced the preliminary list of more than 140 American goods and then said they would not go into effect until July 1.

Trump has warned that retaliatory tariffs by Canada could be met by a further round of tariffs on auto parts.

Freeland responded by telling a committee earlier this month that if Trump imposes further tariffs on auto parts, Canada’s response will be robust."

We risk spiraling into more and more tariffs in a national game of chicken. Will leafs get raked or will burgers get grilled?

Attached: US trade war Canada.jpg (875x513, 258K)

Other urls found in this thread:

youtube.com/watch?v=Y6FEc1gc1Xo&t=199s
globalnews.ca/video/4307799/canadian-businesses-suffer-from-retaliating-against-u-s-in-trade-war
theglobeandmail.com/politics/article-ottawa-to-provide-up-to-2-billion-in-help-to-steel-and-aluminum/
woodbusiness.ca/industry-news/markets/2018-lumber-outlook-4684
twitter.com/NSFWRedditVideo

Attached: usa-trump.png (620x349, 476K)

We also used the NDP (left socialists) plan to fight in the Trade War. Motion passed unanimously, nothing from conservatives as everyone is for supply management.

youtube.com/watch?v=Y6FEc1gc1Xo&t=199s

you will get raked because once shit gets too far Trump could just tell navy to blockade your ports and you'd be fucked for good

We haven't escalated that far yet. 16 billion in tariffs doesn't hurt America that much to warrant a military response.

Canadian businesses are already feeling the pain, 1 day after the tariffs.

globalnews.ca/video/4307799/canadian-businesses-suffer-from-retaliating-against-u-s-in-trade-war

We are also just bailing out companies that need help

theglobeandmail.com/politics/article-ottawa-to-provide-up-to-2-billion-in-help-to-steel-and-aluminum/

>Will leafs get raked or will burgers get grilled?
60% or so of our exports go to the US.
2% of the US' exports go to Canada.
Europe is already saturated with Germany's exports.
There's only so much of value we can still export to CHYYNA. They're mostly interested in buying Canadian assets now, not our products.
AND Trump is renegotiating trade deals with other nations as well and will demand that they increase imports from the US, which will probably be at the expense of Canada's exports.
So yeah, if we keep this up, we get raked. Trudeau's team are hoping that Trump will back off to avoid a relatively minuscule hit to the US' economy. But he could collapse Canada's economy if he wanted. Canada can't do shit.

I'm saying once shit gets too far, if it even gets that far but generally speaking smaller economies get fucked if they try to trade war with a bigger economy

we have lots of wood to chop down and lakes to fish

It seems like initiating a trade war when you rely on them to buy your products is like shooting your customer before they walk in the door.
Hell, even China backed down to Trump in the trade war for real free trade without tariffs.

please canada... have mercy

there is still lots of demand for lumber in america and they seem to have accepted higher prices for the lumber due to the tariffs. Hopefully this happens with Steel and Aluminum as well.

woodbusiness.ca/industry-news/markets/2018-lumber-outlook-4684

Attached: lumberjack.jpg (600x341, 134K)

This won't end well for Canada.

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>Trump could just tell navy to blockade your ports
lol never going to happen in a million years you memer

Problem is that once the US crank up production, imports from Canada will go down, and will probably stay down even after the tariffs are removed.

Not necessarily, you have China.

I live in 33

This trade war will officially end Canada as we know it. Our economy has been shit since the 2008 crash and we never fully recovered. Despite constant good news about how great our economy is doing, I can't help but look around and see that everyone is struggling. Everything here is so expensive, especially the necessities, from food to cell phone bill to car insurance. Rental vacancies are near 0% in every city and housing prices are shooting to astronomical levels.

Yet, corporations and banks have flourished, reporting record profits, while laying people off en masse. The Liberals are working in collusion with the corporations and banks, while saying publicly they are working for the working class Canadians. It's all a fucking lie.

They are constantly importing hundreds of thousands of immigrants, tens of thousands of refugees, and allowing more and more Temporary Foreign Workers to take skilled jobs at a fraction of the price. Meanwhile, the worlds rich, mostly Chinks, are allowed to just buy up housing and entire industries as they please. This country is quickly becoming a clear slave welfare state, comprised of third world shitholers and the Canadian middle class, with an extremely rich upper class filled with the Liberal corporate banking elite and their Chink masters.

Canada is dead, and it's never coming back.

Our biggest allies here are the American (Jew) Chief Executives who want to keep buying cheap shit

>Canada Is dead and its never coming back
Give it time, we can rebuild.

This, I worked as a grocery teller and more and more people said they had to buy less and less because of the price. Meanwhile the banks give people 1% interest rates on their savings or charge them money if they dont have enough in their bank account. No one is saving for a better life anymore, just trying to get by or going into more and more debt.

I've waited this day

Attached: canada parliament.jpg (848x541, 155K)

FAke news..this is just canada's communist government taxing canadians and calling it tariffs against trumps. Canadians will be the only entity hurt.

this

ALL I KNOW IS MILK BETTER BE FUCKING CHEAPER AFTER ALL THIS SHIT IS DONE AND OVER WITH

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bro, milk is never going to get cheaper when all parties involved back supply management instead of free trade.

see

just hop the border like everyone else for milk and gas

the rate things are going it'll be $10 for 100 grams of donkey dick meat by fall