this post was submitted on 02 Feb 2025
31 points (97.0% liked)

Economy

1083 readers
30 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 33 points 2 months ago (2 children)

For its retaliation, Canada has went through serious work to select specific products and industries to impose tariffs on that will have the maximum political impact on the US while minimizing damage to Canadians.

Meanwhile Trump just went 25 percent on everything expect for energy with no additional thought given. He looks like a complete amateur.

[–] [email protected] 18 points 2 months ago (2 children)

Not doing the full 25% on energy shows that the US can't afford to do so. All Canada needs to do is make energy more expensive for the US. Top it up till 25%.

[–] [email protected] 4 points 2 months ago* (last edited 2 months ago)

Making a specific country pay more for exports is the nuclear option. And frankly, it's well deserved at this point. With all the "jokes" about ~~annexing~~ making Canada into the 51st state, there's more than enough justification for it.

[–] [email protected] 4 points 2 months ago

Yes, please do it. Since everyone of these conservatives bitched so much about fuel prices the entire time, it would be so freaking poetic. It's not like the US can just ramp up gasoline production because refineries cost billions and take years to get going.

[–] [email protected] 5 points 2 months ago (1 children)

From the man that wrote The Art of the Deal.

[–] [email protected] 11 points 2 months ago (1 children)

The man who loaned his name and a few quotes to a ghost writer, for the book The Art of the Deal.

This guy didn't write anything longer than a tweet.

[–] [email protected] 5 points 2 months ago

Ah, thanks. Doesn’t surprise me and I should have thought of that.