Summary
Mark Carney, frontrunner for Canadian Liberal Party leadership and potential prime minister, stated Canada will stand up to a bully after Trump imposed 25% tariffs on Canadian imports.
Carney vowed to retaliate by matching the US tariffs dollar for dollar, asserting Canada would not cave in despite mounting pressure.
He criticized Trump for undermining trade agreements, warning that the tariffs would damage the US global reputation and economic stability.
Outgoing Prime Minister Trudeau promised a forceful, immediate response, emphasizing unity as Canada defends its economic interests, ensuring national prosperity.
God I hate trade wars, but good on Canada for not rolling over for Trump.
I really really hope they continue resisting. My biggest fear is everyone gives him what he wants and the idiots I’m surrounded by cheer his victory.
I don’t want to be a downer, but realistically considering the impact of this Canada is probably going to have to acquiesce at least temporarily.
Trump is applying cold, calculating business logic to this; Canada needs to do business with the US to a large degree, if that becomes costly their (relatively) small economy becomes less viable without reform which they don’t have time to implement.
Don’t get me wrong, I’m 100% behind Canada in fighting this but realistically it’s not a fight they’re going to win.
That’s kinda the American way, sadly.
I mean honestly, what’s the alternative?
This is basic game theory as far as I can see.