cross-posted from: https://lemmy.world/post/24657192

Summary

In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.

The remark elicited gasps from the audience.

Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.

He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.

Economists warn such tariffs would raise prices for U.S. consumers.

  • humanspiral@lemmy.ca
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    4 hours ago

    There is no actual fentanyl or immigration basis for tariffs on Canada. Just submit to less representation than California, and help absorb large US debt with little in return for it.

  • Spacehooks@reddthat.com
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    6 hours ago

    Us citizens pay tariff this doesn’t hurt Canadians. They should call bluff and say do 30%.

    • refalo@programming.dev
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      39 minutes ago

      My understanding is that tariffs in general can apply to both imports and exports, on either side.

  • تحريرها كلها ممكن@lemmy.ml
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    6 hours ago

    Canada’s economy is dependent on the US. Trump might actually pull this off.

    Edit: More context since people are downvoting. Consider the following now picture yourself one of the greedy capitalists in Canada, which is a preferred outcome? Losing your wealth or losing Canadian sovereignty?

    Just because I think it is likely doesn’t mean that I think it’s right. This is clearly wrong.

    • humanspiral@lemmy.ca
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      4 hours ago

      Canada’s oligarchs like the fact that only Israel and US is allowed to compete with them, and elections are cheaper to buy. A single state makes them lose power. Population understands only negatives from US, and also would not vote for Trump.

      Unfortunately for Canadians, they are still programmed to side with US over China and Russia, and that programming makes it a blasphemy to seek independence that would also protect them from the US. As long as Canada’s position is to beg to restore its fully subservient colonial status, then the Trump extortion will continue.

      One goal that Musk would have behind this is that it can destroy the big 3 automakers.

    • Pyr_Pressure@lemmy.ca
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      4 hours ago

      Canada is also America’s largest trading partner.

      America had $357 billion dollars worth of imports from Canada in 2023, if they introduce a 25% tarriff Americans will pay $446 billion instead because it’s not like you’ll get all that stuff anywhere else for cheaper since America is going to put tariffs on practically every other country they trade with apparently.

      Corporations spend billions on the current infrastructure and trade routes and logistics, they will not uproot everything and go through the pains of firing everyone then moving to America and retraining because of a short term loss. American administrations are fickle, many of them will simply wait out the 4 years hoping it will return to normal then. If it doesn’t then maybe they might consider it then but for the next 4 years Americans are going to be paying a shitload more for anything that’s not made in America.

      American businesses will also find it a lot more difficult to sell their products out of the country when those countries retaliate with tarriffs against them.

    • P00ptart@lemmy.world
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      9 hours ago

      If it goes down I’m just gonna scoot up north and fight on your side for Canadian citizenship.

      • Ænima@lemm.ee
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        7 hours ago

        That’s a really good idea! I’m about 5-8 hours from the Canadian boarder but I will not fight for a fascist country. I’ll either join the other side or join a resistance here.

        • P00ptart@lemmy.world
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          5 hours ago

          I’m about 4 hrs from the border but could easily make that shorter in an emergency! Combat veteran as well.

          • Ænima@lemm.ee
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            4 hours ago

            I’m a vet also. Never felt the need for a gun as a civilian, but November changed that for me.

    • Briongloid@aussie.zone
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      8 hours ago

      The amount of Americans visiting Australia who assume people here would want to live in America instead given the option was astounding to me.

  • ToadOfHypnosis@lemmy.ml
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    10 hours ago

    Trump seems to have the goal of destroying the US from all I can tell. Our economy and power are so dependent on our connections to the rest of the world and he is burning them all down. The US dollar gets replaced as the fiat currency we are wholly fucked and this dumb shit is how that happens.

    • octopus_ink@lemmy.ml
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      6 hours ago

      And the last gasp of our conservatives as the final pillar of the whitehouse collapses into a flaming wreck due to Trumps ridiculous toddler-like mismanagement of everything will be to blame it all on the Democrats.

    • Hafler@lemm.ee
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      10 hours ago

      Somehow, even with conservatives owning all the branches of government, it will be the Dem’s fault.

      • SovietyWoomy [any]@hexbear.net
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        8 hours ago

        If Trump is serious about this it will be bipartisan by 2028 just like all the 2016 Trump policies that were bipartisan by 2020

      • coyootje@lemmy.world
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        10 hours ago

        And they’ll even say sorry for it because they consider it “impolite” and “not done” to talk back to the sitting government or some shit.

    • FuckyWucky [none/use name]@hexbear.net
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      9 hours ago

      When Dollar is replaced as the reserve currency, America’s imports will shrink and there may be inflation. But it won’t result it in defaulting on its domestic currency.

      Any austerity on the US will be self-inflicted (as it is in the UK and Europe). The unwillingness of the US Government to take over the economy from the parasites will make things much worse.

      • ToadOfHypnosis@lemmy.ml
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        10 hours ago

        If America is forced to accept austerity measures over our massive debt when the dollar is no longer fiat, regular people will be the ones who suffer sadly.

        • As long as the US dollar has maintained and will maintain its supremacy, regular people suffer all over the world for the comfort of treatlerites in the imperial core.

          I’d rather the dollar crash so that the world has a chance.

    • Ænima@lemm.ee
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      7 hours ago

      That’s the point, I think, as well. I could see Putin using the useful idiot to destroy the primary rival to its superiority. The US is incredibly difficult to invade. The intelligence apparatus is too ingrained in all our communication to avoid detection. If you can’t get the rot to start from the outside, go for the inside.

      • nohaybanda [he/him]@hexbear.net
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        5 hours ago

        Damn these Russians making the US into warmongers. After all, stealing land is a completely foreign concept in America

  • coolusername@lemmy.ml
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    10 hours ago

    rip you guys are gonna get couped
    imperialism is manifesting itself in the imperial core

  • llothar@lemmy.ml
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    9 hours ago

    American anschluss of Canada to expand their lebensraum, because they feel they deserve it.

    Musk does not hide how he feels about it, we wouldn’t either.

  • davel@lemmy.ml
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    12 hours ago

    Trump is going to speedrun all our vassals allies into joining BRICS, and I’m here for it.

  • tourist@lemmy.world
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    10 hours ago

    Do you think he wanted to do this last time but ousted everyone who told him that’s fucking psychotically stupid?