From Don Surber’s Substack blog
As you read or view media reports on Trump’s Trade Wars, bear in mind these facts.
Mexico’s GDP is $1.8 trillion a year. Its exports to the United States are $506 billon a year. Exports to the USA make up 28% of its economy.
Exports to Mexico make up less than 2% of our $27.7 trillion GDP.
Canada’s GDP is $2.1 trillion. Its exports to the USA are $413 billion a year. Exports to the USA make up 19% of its economy.
Exports to Canada are less than 2% of our GDP.
Delusional politicians in Canada like Ontario’s Doug Ford are huffing and puffing like a fat man on mile two of a marathon race.
Ford said, “We’re going to make sure that we inflict as much pain as possible to the American people without inflicting pain on the Canadian population.”
As the Indian chief said, how. We can replace Canadian bacon with slices of ham. I don’t think the 51st state can replace its $100 billion trade surplus by opening a few more Tim Horton stores in Red China.
After being called America’s hat for so many years, Canadian politicians came to believe they are America’s brains. Who can blame them? Just consider how stupid our politicians are—or have been until this president returned.
Trump shocked Washington this time by appointing a Cabinet of people who can think for themselves and actual run the departments the deep state experts thought they had all to themselves.
The Canadian trade imbalance is of recent vintage as the two countries generally swapped trade surpluses of $20 billion or less up until 2020. Biden ignored Trump’s free trade agreement with Canada (and Mexico). Also Biden’s shutting down American oil drilling made the nation more reliant on Canadian oil. This widened the gap.
Mexico has always been a problem. Just wall it off.
And maybe we can do the same to Canada.
The press, of course, is getting the story backward, acting as if Canada supplies the lifeblood of the USA’s economy.
……..Canada and the Eurotrash states are going after their longtime benefactor while cowering to Muslim invaders. Great Britain will outlaw ninja swords rather than confront the Muslim butchers who randomly attack Brits.
The strategy is clear. NATO frenemies like Canada plan to fight Trump for two years until Democrats sweep the 2026 elections. American judges have the same strategy as they delay Trump’s deportations and reductions in spending.
Most people don’t realize the amount of tariffs Canada places on the US. It’s insane. Everything is tariffed and the percentages are outrageous. Americans are getting completely ripped off by the Canadians.
Bottom line: The United States is the largest source of foreign direct investment for Canada. Canada is largely dependent on our market.
This is not going to end well for the Canucks.
The Canucks got used to rolling over America with the trade/tariff imbalance and now they’re pissed because they will have to pay their fair share.
For the idiots who say there’s no tariffs on Russia:
We’ve got thousands of sanctions against Russia. There aren’t enough tariffs to raise.
This is a sample of the tariff imbalance:
The monstrous trade deficit and corresponding wealth loss of 20 trillion over the past 25 years:
Trump has secured new investments while using the tariffs as a negotiating tool.
For decades we have been funneling our tax dollars to other countries who subsidize their businesses to compete against the US.
The tariff negotiations are working already. Our trading partners have agreed to lower the tariffs they impose on our exports.
The so-called “libertarians” and the Demlibs are pissing themselves over the reciprocal tariffs.
People complain about the trade deficits and trade imbalance, then lose their shit when a president actually does something about it.
There is no such thing as “free trade”. The trade between nations comes with a cost.
Don’t bitch about tariffs and expect America to continue to get get fleeced.
Related article:
https://ustr.gov/issue-areas/reciprocal-tariff-calculations
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