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American here.
Keep doing what you're doing Canada. Don't play this retard's game. The ONLY thing conservatives understand is money. Hit them where it hurts. It's the only thing that'll make them sour on this traitor.
American trade is nearly worth half of Canada's total GDP. something like 75~80% of total Canadian exports go to the US. if they actually retaliate in force they could be dooming their country to an economic crisis if Trump is spiteful enough. so far the Canadian tariffs have only touched about $30B worth of goods, or 7% of the total trade.
Canada’s total exports are about 35% of total GDP. So that puts US exports at somewhere around 24% of GDP. Pretty high but then if we exclude oil and gas and potash exports it’s a much, much smaller number. So small in fact that we would probably replace those exports within 12 months.
I wonder if anyone else other than the US wants some oil, natural gas, or potash? And yes I know we currently lack pipeline capacity but at this point I’d be willing to let the government finance it all to move oil and gas to the east coast.
I really think Americans over played their hand.
You're not alone! It looks like investors also think they overplayed their hand, judging by the reaction of the markets. Terrible combination of Trumps silky smooth brain and US exceptionalism.
Also, not the first time I've seen the 40% GDP figure make an appearance. Must be doing its rounds on US propaganda networks.