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💥BREAKING NEWS💥 #POTUS 🇺🇸says he will put massive tariffs on Canadian 🇨🇦Fertilizer to spur domestic production. Is #uranium next? To produce fertilizer, you need to mine #Potash of which America has virtually none and would starve without Canada's trade. The US is no longer our reliable trading partner. 🤡...

108,962 Aufrufe • vor 9 Monaten •via X (Twitter)

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Mocha Bezirgan 🇨🇦

162,624 Aufrufe • vor 10 Monaten

I have to fact check Donald Trump because he keeps spewing nonsense in regards to the US - Canada trade and none of the people around him seem to have the spine to correct him. > "we lose $60-$100B doing business with Canada". No you don't. The US buys discounted oil from Canada that greatly contributes to the country. Also this is goods based deficit. If you add services, which the US has a $25B+ in trade surplus in Canada than the actual trade deficit is much smaller, around $21B according to USTR in 2025. That's on $880B in the two trade. ~3%. > "we have more oil & gas". No you don't. Canada has more oil and almost double the gas - which is just starting to be developed at scale. We also have different type of oil which aren't substitutes and bring massive value to the US. > "we don't need their lumber". Yes you do. Not only Canada has much more lumber, the dominant supplier to the US but it is also a different type. Because of the climate, species and fiber. It is used for different purposes. Canadian lumber is used for framing, roof trusses, 2×4, 2×6. > "They do most of their business with us, I heard 95%". False, he should also know it. Canada send 70% of it merchandise exports to the US. > "We do very small percentage (business) compares to others." False. Canada is America largest export market and biggest trading partner of 25 states. Also in regards to the auto industry: the US has trade surplus with Canada. The US doesn't need anything from Canada? Besides the above, yes you do. Canada has all the critical minerals the US needs and wants and makes NA self sufficient. This also why they want to secure its trade as part of the negotiations. The US - Canada trade is highly beneficial and intertwined; manufacturing systems are integrated, energy is physically joined, infrastructure like rail run across continuously, Canadian pension funds are some of the largest institutio investors in America. We move faster together. Let's build.

Kirk Lubimov

55,650 Aufrufe • vor 15 Tagen