I'm surprised that no separate forum is devoted to Trump's impending 25% tariffs on Canada, which he has pledged to implement in less than 24 hours. This is existential for Canada. If indeed he goes through with this on Saturday all of us will have our lives negatively impacted. There has never been a threat to Canada like this, and it is coming from our supposed "friend and ally". China and Russia have never threatened economic war or threatened our sovereignty. Trump complains that "we pay to defend Canada" It turns out the only country that we needed to be defended against was the United States.
I have sent about half a dozen emails to the PM and Premier Ford and other Premiers and Canadian "leaders" suggesting a strategy to combat Trump's threats, but nothing has been implemented. Ford has wasted millions on advertising on US TV. His warm and fuzzy "we are right by your side" ads won't influence any Americans and certainly not Trump. He probably laughs when he sees the ads played on Fox News every five minutes. Trudeau's pushback has been beyond pathetic if you can call it a pushback. How was it helpful for Trudeau to accuse Americans of racism for not electing Kamala? Probably the dumbest and most damaging statement ever made by a Canadian PM. Alberta's premier has responded by flying down to Mar-A-Lago to beg Trump not to tariff Alberta Oil as if Trump would be so stupid to tariff oil. Trump is stupid in many ways, but he is not that stupid.
Trump is not going to tariff our oil or other things America needs from Canada like Potash. 60% of US oil imports come from Canada 4.7 million barrels a day almost 10X what they import from Saudi Arabia (7%). Not only does 60% of US oil imports come from Canada they also buy it at below market price, and it is of a heavy crude that certain US refineries need. The only other major sources of this grade of crude are Venezuela and Russia. Would America rather buy from those countries? Would it even be possible? Another key commodity that the US buys from Canada is potash (fertilizer). US farmers rely on Canada for 87% of their potash needs. The only other major sources of potash are Russia and Belarus. What will happen to food prices in the US if the price for Potash goes up 25%? If Trump exempts potash and oil from 25% tariffs Canada MUST impose a 25% EXPORT TARIFF on these vital products the US needs. That is the only way that we can make Americans feel PAIN.
How did we even get here? Canada is the biggest buyer of "Made in the USA" products. We buy more American products than China, Japan, the UK, and France put together! Is this any way to treat your best customer? Yes, we currently have a ~$50 billion
trade surplus with the US but that is on two-way trade of $1.3 TRILLION. Take out the $188 billion in cheap below market level price oil and the United States has a MASSIVE trade SURPLUS with Canada. Further, take out Potash and other vital minerals and the SURPLUS grows even larger. The United States should only wish they had the same trade relationship with other countries.
Have you heard any of our "fearless leaders" making any of these cogent arguments against Trump's threats and insults? The response has been bungling and ineffective and now we are just less than 24 hours from seeing our economy decimated.
In my last email to our "fearless" leaders, I begged Trudeau to announce that Canada would put thousands of Soldiers on the US border. CALL TRUMP'S BLUFF! If the border is a big irritant for Trump, then fortify the border with thousands of troops. Bring ALL our troops home from Europe and other NATO outposts. Is NATO even relevant after its biggest member has threatened our sovereignty and economy? If ever there was a time for Canada's military to save Canada the time is NOW!
Canada needs to wake up and start acting like a serious country. The United States is not our "best friend and ally". Even when Trump is gone future presidents will try to poach the few manufacturing jobs we have left. The US can't poach jobs from China or Mexico, so Canada is the designated target. Notice Trump hasn't threatened China with 25% tariffs? He wouldn't dare! If Canada is to survive, we need to find new trading partners FAST and the only solution that I see is that Canada joins BRICS. The only other option is to become the "51st State" and what does that mean? Do you think that Trump would grant Canada two Senators and a representative number of congressmen (at least 50 based on California's 51) I doubt that is what Trump has in mind. He wants Canada to become like Puerto Rico or the US Virgin Islands. An American territory with no Senators and just one NON-VOTING congressman and of course, this is his plan for Greenland. Can you imagine two new Senators from Greenland a country that currently has a socialist government?