Hey #
economics on Mastadon. What would you project would happen if #
Canada didn't put retaliatory #
tariffs on the #
USA? We know that they won't change #
Trump 's mind, so it seems like they will just increase prices for Canadians.
What does the profession think?
#
canpol #
uspol #
economy
BerlinFokus •
The concept isn't to "change Trumps mind" but to encourage ones own people & businessnes to seek alternatives to US products.
Ray Jepson •
BerlinFokus •
So they won't probably start with something that is really hurting the "enemy" economy, but rather with something symbolic to show "we're ready & willing to act - negotiate now!".
But things can escalate, and with Trump in office pretty fast I guess.
So I'd say everything is on the table & things could get very messy.