I’m Canadian, and one of our governments biggest critics. The amount of Fentanyl, weapons, and migrants that flow from the U.S. to Canada is multiples higher than what comes from Canada to the U.S. I believe only 0.2% of the Fentanyl that enters the U.S. comes from Canada. Most of the weapons used by criminals in Canada are illegally smuggled into Canada via the U.S.
What I think is insulting to Canadians, and I’m assuming Mexicans, and maybe soon European’s is that we have been friends and allies for over 100 years. We have come to your aid, just as you have come to ours. The Trump administration negotiated a new NAFTA prior to the Biden administration. He went back on his word, showing his word means nothing, and tore up an agreement negotiated in good faith with friends and allies, which he said was a huge win for the U.S.
What has offended and shocked
@Canada and
@mexico is you have lumped us in with China, a true adversary to the U.S. and western democracies. Not only did he lump us in, he only imposed 10% tariffs on China and 25% tariffs on friends and allies that share your northern and southern borders. Friends who feel betrayed by the broken promises of the Trump administration 4 years prior.
With the greatest of respect this is not about fentanyl and migrants. The data doesn’t support that. Those are his media talking points to justify his actions. What he has done is declared economic war on
@Canada and
@Mexico. He is using tariffs as a weapon to try to hurt Canadians and Mexicans so much that he can take what he wants from them. That is not how you treat your friends and allies of the last 100 years, you don’t try to bankrupt, hurt, or beat your friends into submission.
The reason the U.S. has trade deficits is because we live in an inflationary monetary system and the U.S. has the exorbitant privilege of being able to export its inflation to the rest of the world. That is why the U.S. is able to run massive deficits. This is why BRICS was formed and why foreign governments have stopped buying U.S. treasuries. The new global order set up after Bretton Woods, was abused by the US and that’s why the gold standard failed.
With the greatest of respect please don’t parrot the media talking points, and call a spade a spade, he has just declared an unprovoked war on your friends and allies. The reason is clear, he wants to take whatever he desires from Canada, Mexico and the rest of the world using tariffs as a weapon. He wants the land resources, and strategic locations of these respective countries. Why else include Panama and Greenland in his threats? Because they are of geopolitical importance.
Tariffs are taxes, they do not lower prices of goods. That is false. This would only occur after years of suffering for all parties. Massive re-shoring of industries like energy cannot be spun up over night. Canada and Mexico can spin up their own refineries, LNG facilities, and rare earth mineral mines in similar time frames as the U.S. Everyone will suffer in the short term, but the long term effects will be that your allies can no longer trust your treaties or undertakings. This will have the effect of pushing Canada, Mexico, and Europe to find new trade partners and new free trade agreements, possibly with BRICS. Completely isolating the U.S. in the long term.
Similar to Biden freezing Russia’s US treasuries, this will have long term unintended consequences, it shows other nations that they cannot trust the U.S. to honour their commitments. Ultimately leading to a new global order.
For anyone who is interested in what, and why these tariffs are being used, just look at how Hawaii became a state. The U.S. used tariffs as a weapon to tariff them into submission and take Hawaii.
“Hawaii greatly relied on importing sugar into the United States. The McKinley Tariff Act hurt Hawaii's sugar industry to the point that they annexed the United States to avoid the high tariffs.”