>U.S. President Donald Trump says his country does not need to import Canadian oil, gas, autos or lumber.
>“We’re going to be demanding respect from other nations … Canada has been very tough to deal with over the years,” he told the World Economic Forum in Davos on Thursday, appearing via video conference before an audience of the world’s most powerful business and political leaders.
>“We don’t need them to make our cars, and they make a lot of them. We don’t need their lumber because we have our own forests,” he continued. “We don’t need their oil and gas, we have more than anybody.”
>Trump also reiterated his suggestion that Canada could become part of the U.S., calling it an escape route from the sweeping 25 per cent tariffs he said he could impose by Feb. 1.
danclaysp on
Auto industry is cooked
Louis_de_Gaspesie on
How sticky are prices and how long would it take for tariffs to affect them? Thinking of taking my car in for a tune up.
ale_93113 on
The US fossil fuel industry cannot increase production beyond the incredible increase undergone by thr Biden administration because prices aren’t high enough to warran such an expansion
But now with this policy, prices will rise so much that Trump will be able to fulfill his goal to increase production
HowIsPajamaMan on
And yet, the median voter will still blame Biden for high prices
ixvst01 on
Trump: “The Keystone Pipeline is necessary to keep gas prices down”
Also Trump: “We don’t need Canadian oil”
I’m half convinced that most Republicans don’t know that the Keystone XL pipeline was to transport oil coming in from Canada.
TheRedCr0w on
Canada supplies about 52% of the United States petroleum imports which amounts to about 4 million barrels of oil imported into the United States from Canada a day
To say the United States doesn’t need Canadan oil is an outright lie without it the cost of fuel would increase dramatically in the US. Hope all the people who put up the Biden “I did that” gas stickers are happy they got Trump elected
AniNgAnnoys on
At this point, a large part of me just wants to cut off all exports to make a point. Obviously that is a terrible idea, mainly because we know Americans will not learn the lesson and would play the victim, and we would damge ourselves for no reason. Having to continuously be the grown ups is do tiring.
What I do worry about is US industry working around Canadian imports for the next two years due to Trump’s threats and then the tariffs hitting when our leverage is gone. Which then raises the question, maybe we should we consider hitting first?
!ping can
Maximilianne on
Fuck it, remove the tariffs on Chinese EVs in Canada
9 Comments
>U.S. President Donald Trump says his country does not need to import Canadian oil, gas, autos or lumber.
>“We’re going to be demanding respect from other nations … Canada has been very tough to deal with over the years,” he told the World Economic Forum in Davos on Thursday, appearing via video conference before an audience of the world’s most powerful business and political leaders.
>“We don’t need them to make our cars, and they make a lot of them. We don’t need their lumber because we have our own forests,” he continued. “We don’t need their oil and gas, we have more than anybody.”
>Trump also reiterated his suggestion that Canada could become part of the U.S., calling it an escape route from the sweeping 25 per cent tariffs he said he could impose by Feb. 1.
Auto industry is cooked
How sticky are prices and how long would it take for tariffs to affect them? Thinking of taking my car in for a tune up.
The US fossil fuel industry cannot increase production beyond the incredible increase undergone by thr Biden administration because prices aren’t high enough to warran such an expansion
But now with this policy, prices will rise so much that Trump will be able to fulfill his goal to increase production
And yet, the median voter will still blame Biden for high prices
Trump: “The Keystone Pipeline is necessary to keep gas prices down”
Also Trump: “We don’t need Canadian oil”
I’m half convinced that most Republicans don’t know that the Keystone XL pipeline was to transport oil coming in from Canada.
Canada supplies about 52% of the United States petroleum imports which amounts to about 4 million barrels of oil imported into the United States from Canada a day
To say the United States doesn’t need Canadan oil is an outright lie without it the cost of fuel would increase dramatically in the US. Hope all the people who put up the Biden “I did that” gas stickers are happy they got Trump elected
At this point, a large part of me just wants to cut off all exports to make a point. Obviously that is a terrible idea, mainly because we know Americans will not learn the lesson and would play the victim, and we would damge ourselves for no reason. Having to continuously be the grown ups is do tiring.
What I do worry about is US industry working around Canadian imports for the next two years due to Trump’s threats and then the tariffs hitting when our leverage is gone. Which then raises the question, maybe we should we consider hitting first?
!ping can
Fuck it, remove the tariffs on Chinese EVs in Canada