Ancestors

Toot

Written by Derò 🇨🇦 on 2025-02-01 at 20:07

Canadian government warns of hard times ahead as 75% of our exports go to USA.

Why? Was no lesson learned last Trump term? No diversification?

Or are those industries owned by USA corporations?

With tit for tat and USA goods going up in prices, is Canada lowering tariffs on similar items from other Countries? To hell with Tesla, but I’d sure love a BYD tariff free.

[#]CanPoli

=> More informations about this toot | More toots from Dero_10@thecanadian.social

Descendants

Written by Mike Fraser :Jets: on 2025-02-01 at 20:16

@Dero_10 This is a much more complex than just buying Canadian. Canada has free trade agreements with the European block, however our diplomatic relations with China, Russia and India exclude Canada from such agreements with the Asian block. Also Brazil is aligned with these countries to form BRIC which precludes us from South American free trade. You also can't dismantle the integrated trade infrastructure overnight.

=> More informations about this toot | More toots from mike@thecanadian.social