- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
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.
Do you really think it’s likely this will happen? I think hell just start throwing a tantrum and maybe symbolically apply some tariffs.
Yes it is likely. Canada can’t afford to resist. Canada is highly dependent on trade with the US.
Just because I think it is likely doesn’t mean that I think it’s right. This is clearly wrong.
Your screenshot does not make it likely.