Summary
Ontario Premier Doug Ford warned that Canada could cut electricity exports to the U.S. in retaliation for Donald Trump’s new tariffs on Canadian goods.
The U.S. imposed a 25% tariff on most Canadian imports, citing border security concerns. Ford emphasized that U.S. states like New York and Michigan rely on Canadian energy and should “feel the pain.”
Canadian officials also announced $155 billion in counter-tariffs.
If enacted, energy restrictions would likely raise prices in the U.S., escalating trade tensions between the two countries.
Whole world needs to put 300 percent tarrifs on the US until they realise they are 5 percent of the world and aren’t in a position to bully others.
China’s going to eat their lunch if they keep things as they are.
A quarter of the world’s GDP, just saying.
GDP is largely a bullshit metric anyway.
Two economists are walking in a forest when they come across a pile of shit.
The first economist says to the other “Ill pay you $100 to eat that pile of shit.” The second economist takes the $100 and eats the pile of shit.
They continue walking until they come across a second pile of shit. The second economist turns to the first and says “l pay you $100 to eat that pile of shit.” The first economist takes the $100 and eats a pile of shit.
Walking a little more, the first economist looks at the second and says, “You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. can’t help but feel like we both just ate shit for nothing.” “That’s not true”, responded the second economist. “We increased the GDP by $200!”
brings new meaning to gross domestic product
All based on the dollar belling the oil reserve currency, when other countries switch America’s going to be the first fourth world country.
So Trump’s been looking for the Anti-Life Equation all along?
Good for them, maybe our economy will collapse too, and an angry mob will storm the white house and kick Trump out. He can emergency evacuate to Russia, and we can find an administration that isn’t insane.
Heyy… a guy can dream.
I wish we weren’t pinning our hopes on angry mobs. But you play the hand you are delt.
We won’t do shit until we are literally starving. Look right here at Lemmy, non-stop memes and stories about how what horrible economic shape we’re in. So how is everyone fat?! Meanwhile, I go to work and look at what’s for sale, at what prices, and think, “Jesus, people pay for this?!”
Even the Great Depression didn’t have us storming the White House. Think on that.
tl;dr: Americans aren’t near broke enough to band together.
You say that but the other team went far into your capitol and they looked well nourished enough.
The great depression had the bonus march. They camped in front of the white house and were dispersed with tear gas and cavalry charge led by Douglas MacArthur.
Very true.
But we’re speedrunning the fall of America.
Give it another year or two. You’ll start seeing widespread violence. We can only cross our fingers that it gets directed properly toward our traitorous government.
Yeah, thats why I said a total system collapses. And that’s not out of the question.
Do it unilaterally without discussing with US.
Do it Canada. The dumber half of our country needs to learn the hard way. And, unfortunately, the smarter half has to go along for the ride.
Exactly. The entire reason Trump is President again is because we did not take the serious extreme and required actions after the 2020 elections to ensure that him, his supporters, and enablers could never participate in American society again.
The same mistake we made after the civil war we decided that we would be generous and go easy on those who betrayed us. We are still paying for that mistake we are still paying for the mistake with Trump. The only thing fascist understand is violence in the only way fascism ends is through violence.
The dumber half of our country needs to learn…
The won’t. You need to target trump’s real support, which is Russia and billionaires. Going after his voters is like kicking a dog for eating it’s own puke. The poor animal just isn’t capable of understanding what it did or why you kicked it.
Play stupid games win stupid prizes. Glad that Canadians are standing up for themselves.
As an American, fucking do it, and make sure DC and Red states feel the most pain. And don’t have some qwar ass back door conversation/deal to end the tariffs. Refuse to end them until he goes on live television and reads the following
“To all my fellow Americans, the best Americans from the best America, in hind sight, as it concerns tariffs with our closest geographical allies, I was wrong. The decision I made was stupid, and it was made by an idiot, me. Unfortunately I don’t have the intellectual or business aptitude to actually determine what a good decision would be, as opposed to a bad decision. In fact, I am as stupid as the idiots who voted for me. This was the idea that I thought I would be fantastic and I was completely wrong and it’s the only idea I had. I apologize to Canada and Mexico, both their leaders and citizens”
It would crush him to make a sincere public apology and backtrack. And he’ll still get lynched before the end of year. Because he fucking deserves it.
Canada ought to put forward two points.
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Any tariff trump makes will be matched, and will run for 90 days longer than trump’s tariff (make that shit show up big on quarterly earnings numbers)
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Any tariff that trump merely mentions publicly, or in private negotiaions, will immediately start a retaliatory tariff from Canada.
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On the slim bright side maybe just maybe this might make the US think of renewable energy, it’s why China invests so much into it to prevent relying on countries for oil.
Ehh who am I kidding, that’s not going to happen at all.
maybe this might make the US think of renewable energy
Probably the opposite. There are a lot of blue states in the NorthEast importing Canadian hydro as a cleaner energy source than burning fossil fuels. I’m sure the repugnicans line will be something like “if only they used good old American coal from Wyoming or West Virginia”
Fracking was our answer to energy independence.
Fracking is the answer to, How can we poison our underground aquifer while continuing to put even more greenhouse gasses into the atmosphere? I guess when we’re dead we won’t need energy. Checkmate fracktheists?
Agreed. It wasn’t the right answer, but it was the one the government pursued.
China invests so much into it
China is building two coal plants per week. And their “green” programs are just facades to take Western money.
Yep, taking Western money by Chinese companies buying Chinese renewable energy equipment and paying Chinese installers. Taking western money by building out renewable energy faster than the rest of the world combined, in their own country using their own companies with their own finances
I’m talking about stuff like this
China added more coal power in 2023 than the rest of the world combined.
And more renewable energy. And more high speed rail. And has over 90% of the worlds BEV buses.
There’s some truth to Chinas claim that they’re still a developing country and they need to massively build out to bring more of their population up to developed standards.
There’s also some truth to the claim that central planning without regard to supply and demand means they seem to be building out more power than they can use. Hopefully that translates into coal power plants going unused
And more renewable energy. And more high speed rail. And has over 90% of the worlds BEV buses.
You sound like a wumoa. These are literally CPP propaganda talking points. Especially the high-speed rail line.
What does “high speed rail” and “BEV buses” have to do with the discussion about renewable energy? Nothing. It’s just thrown in to say “China good, West bad”.
I don’t know what that is so can’t be offended, but don’t be blinded by the lies rolling agenda that any country is bad: even the worst regimes sometimes do good things
What does “high speed rail” and “BEV buses” have to do with the discussion about renewable energy?
Everything. Renewable energy is not just renewable electricity generation but applying it to more energy users. A Deisel bus is a dirty polluter that can’t use renewable energy, but a battery electric bus is a way to use renewable energy for transportation.
One of the fundamental requirements of more renewable energy is “electrify everything”. Electricity becomes the distribution medium letting us use renewable energy for more things
I don’t know what that is so can’t be offended
A wumao referees to someone who is a paid shill for the CCP, they get paid 50¢ per comment they make.
Renewable energy is not just renewable electricity generation but applying it to more energy users. A Deisel bus is a dirty polluter that can’t use renewable energy, but a battery electric bus is a way to use renewable energy for transportation.
Sure, that’s a valid point. But it becomes entirely invalidated when you consider that most of that electrification comes from coal plants they’re building at breakneck pace. They’re averaging two entire coal power plants per week. That’s over 100 coal fired power plants per year. They are building more than ALL other countries combined.
Then there’s the consideration that your argument only applies to the very few places they can actually do that, like in major urban cities. Everywhere else in the country they still have to rely on ICE transport out of practicality.
And this also ignores that their renewable initiatives (outside of EVs) are giant shams.
https://www.dw.com/en/how-a-chinese-firm-ran-a-billion-euro-carbon-credit-scam/a-71010148
https://freedium.cfd/https://medium.com/@lanekwriter/the-grass-is-greener-in-china-f835368ae8c
Edit: autocorrect
Do it, but sadly it will affect the Blue States.
I wouldn’t be surprised if Trump threatened military action in return, should Canada go forward with it. I mean, it sounds crazy to write it, but is it really too crazy for Trump?
Can’t wait to see this happening. It’s a language A bully like Trump might understand. might.
Unless HIS power goes out, I’m not sure he’ll care. But I hope the people affected know where to lodge their complaints…
Is it too much to hope this little spat somehow crashes the housing market and this generation can finally own a home? that would be so cool.
It probably is supposed to crash the housing market, so that private equity can swoop everything up.
On the other hand, our formerly quasi-municipal energy company is now owned by a Canadian conglomerate. I’d not mind unwinding that.
Like it or not, we are all connected across North America.
Awesome Canada!
“to cut” is very different from “could cut”
Doug Ford is the last idiot I want to hear anything from.
Yeah, if there’s one piece of shit politician to sell out his country for a fat sack of cash, it’s Doug Ford. Gives zero shits about anyone’s strife.
