• Foxer@lemmy.ca
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    2 days ago

    I don’t think you get how it works. The American stop buying our products and start looking for other products. But most importantly a lot of the goods and services that are manufactured in Canada only are able to do so because they sell to America so when Americans stop buying that product it’s cheaper and easier for those companies to just set up in America instead.

    Trump knows this very well. More tariffs cripples are economy and prevents the investment we need to stay competitive or become competitive as we’ve fallen behind

    This is just another excuse to try and bankrupt us to try and encourage us to become the 51st state

    • zeppo@lemmy.world
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      2 days ago

      I understand he’s trying to hurt canada financially, obviously. However, industries like fertilizer and timber can’t relocate to the US.

      • Foxer@lemmy.ca
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        2 days ago

        Well timber can. Our timber industry is already getting creamed. They JUST shut down another pulp milll last week here in bc and logging is in a death spiral. Fertilizer less so but we’re not going to keep our economy going on fertilizer and oil.

        And the problem isn’t just trump, we’ve had 5 consecutive quarters… that’s QUARTERS mind you not months, of more business investment leaving canada than staying and it looks like this quarter is going to be the same… And the kick in the teeth is that pre dates trump. We were already weak to begin with. Now trump has made it worse and he knows very well that it doesn’t take much at this point to make our economy take a nose dive.

        This guy wants us poor and collapsing so that he can take over, actually take over if possible and financially take over if not.