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'We will not hesitate': Canada prepares to hit U.S. with billions in tariffs (www.thecanadianpressnews.ca)

submitted 1 year ago by Timbits@lemmy.ca to c/world@quokk.au

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"We will not hesitate to act," Trudeau said at a meeting of the newly formed Council on Canada-U.S. Relations in Toronto. "We will respond and, I will say it again, everything is on the table."

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[–] Aussieiuszko@aussie.zone 17 points 1 year ago* (last edited 1 year ago)

Which will incentivise domestic consumers to reduce consumption depriving them of profits, encourage local alternatives or finding new markets reducing future profits, and be a net negative for the target country.

It’s very obvious sanctions are effective or places like Russia wouldn’t complain about them all the time.