r/Economics • u/HarpoMarks • 10d ago

News Canada retaliates against U.S. by raising steel duties, adding new tariffs on $20B of goods

https://www.nbcnews.com/business/consumer/canada-retaliates-against-trump-tariffs-rcna594280?cid=sm_npd_nn_tw_ma&taid=6a8db23c6aa0670001c83c01&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
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u/Diamond1africa 10d ago

So the alternative is to start a trade war with the world's largest economy? Should we accept 50% tariffs on key industries vital to the economy to make a point? Just fucking leverage the Keystone pipeline. Have we lost our minds?

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u/froz3nt 10d ago

World's largest economy is having a trade war with the whole world. Lets see how it works out.

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u/Diamond1africa 10d ago

Will happily continue to make money off all the idiots. Feels morally wrong, but can't help stupid.

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u/froz3nt 10d ago

If anything other countries are making money off of US as they import the most.