Trump threatens 50 percent tariffs on auto parts in January. I suggest Canada respond immediately.
Trump Repeats Nonsensical Lie
Truth Social: Canada has been ripping off the United States of America for years. Their ridiculously high tariffs on our Farmers and farm products has made life impossible for these great American Patriots, and has long created a 60 Billion Dollar Deficit between our two Countries. Not sustainable, and NOT ANYMORE! On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%. Build in the U.S. and there are ZERO TARIFFS. Canada will be treated like a State no longer! On Trade, and in other ways, also, they are among the worst Nations in the World to deal with. They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US! They do 95% of their business with the U.S., with us, the exact opposite! Thank you for your attention to this matter! President DONALD J. TRUMP
Aug 24, 2026, 7:38 AM
I have refuted that nonsensical lie before and will update the numbers shortly. But over 100% of that trade deficit with Canada is oil.
Canada can give Trump his wish by shutting off all oil and car parts to the US immediately.
Lutnick’s Goal Now Clear
‘WE DON’T NEED CANADA, THEY NEED US!’
CTV News Canada comments ‘WE DON’T NEED CANADA, THEY NEED US!’ Trump threatens 50% tariffs on all cars, trucks. Live updates here.
U.S. President Donald Trump has threatened to increase tariffs on all cars and trucks to 50 per cent next year following a collapse in trade talks with Canada.
Conservative Leader Pierre Poilievre, meanwhile, is calling on Prime Minister Mark Carney to reconvene Parliament, while a recent report suggests around 87,000 Canadian jobs could be at risk from the ongoing trade war.
Premier Doug Ford had harsh words for U.S. President Donald Trump who vowed on Monday to increase tariffs to 50 per cent on all Canadian cars, trucks, automotive parts, and steel on New Year’s Day.
“He can kiss my ass as far as I’m concerned,” Ford told Newstalk 580 CFRA host Bill Carroll on Monday morning. “We are going to go at him full steam.”
Ford said he is considering putting an export tariff on electricity to make the U.S. “feel the pain.”
He urged all premiers across the province to “start jumping into the fight.”
“I can’t be standing alone on this,” he said.
“Every single province, or majority of them, deliver electricity down to the U.S. Alberta delivers 4.1 million barrels of oil down in the U.S.”
‘We will never be the 51st state’: B.C.’s Eby
B.C. Premier David Eby says Canada needs to “hit back” after U.S. President Donald Trump’s 50 per cent tariffs came into effect.
“We like our American partners and friends, but there is a line. We are a separate country. We have our own vision for the country and for where we’d like to go, and we will never be the 51st state,” he told CNN on Monday.
Eby argued Canada’s trade surplus with the U.S. is largely driven by energy exports and said the tariffs would drive up the cost of goods ranging from building materials to cut flowers and fishing equipment.
“The rest of the world will say enough in terms of hitting your number one customer with a 50 per cent tariff and expecting that we wouldn’t do the same is bizarre. So we will,” he said.
Tariffs are ‘going to hurt,’ Toronto mayor says
Toronto Mayor Olivia Chow says that new tariffs imposed on Canada are “going to hurt” but she says that the city’s economy has been “incredibly resilient” throughout the trade war and she doesn’t expect that to change.
“Trust me we aren’t going to go American if there is a choice,” she said.
‘Hit where it hurts’: Chretien
Former prime minister Jean Chretien says the federal government should impose an export tax on certain goods, as a way of hitting back at the United States for its new slate of tariffs on Canadian imports.
“If we want to stay upright, we have to hit where it hurts,” Chretien told Télé-Quebec in a clip posted online Sunday, before pointing to energy, oil, natural gas, and potash as examples of Canadian goods the U.S. needs.
“That’s where we should tax,” he added. “The advantage of an export tax is it’s not us who pays, it’s the Americans.”
Reconvene Parliament: Poilievre
Just days after Prime Minister Mark Carney recalled Canadian negotiators from Washington and walked away from a trade deal with the U.S., federal Conservative Leader Pierre Poilievre is calling for Carney to reconvene Parliament over the decision.
“We must put the national interest first,” wrote Poilievre in a letter to the prime minister.
Eastern Canadian premiers renew pleas to buy local
Premiers in Eastern Canada are once again calling on residents to buy local as Canada squares off against the United States in an escalating trade war.
“Every dollar spent on an Island or Canadian product supports the worker who made it, the farmer who grew it, the fisher who caught it, the producer who processed it and the business that put it on the shelf,” said Rob Lantz, premier of P.E.I., in a news release Sunday.
The U.S. tariffs have hit businesses and workers in New Brunswick, Premier Susan Holt said in a statement on Saturday. “Now, more than ever, we need to double down on buying local and supporting New Brunswick businesses and workers.”
The tariffs will affect about $7.7 billion of exports from Quebec, said Christine Frechette, the province’s premier. “To buy Quebec products is not an economic action, it is a nationalistic action. It’s an action of solidarity.”
U.S. after ‘fortress North America’
International trade lawyer at Mccarthy Tétrault Ljiljana Stanić says the collapse of the tariff talks with the U.S. was “unexpected”.
“I think most people expected another extension was forthcoming,” she told CTV News Channel on Sunday.
On the issue of U.S. asking Canada to match Washington’s tariffs on other countries Stanić said, “it seemed like the United States was trying to build fortress North America.”
The trade lawyer said she believes “that was a lot to ask from Canada without having free trade with the United States.”
Stanić also noted that “trade disputes are easy to start but difficult to contain,” and added that the situation is now at a tipping point where trade tensions between the two sides can quickly escalate.
Lutnick’s Goal Is Now Clear
Consider this snip from the Wall Street Journal.
If the tariffs are implemented, a 50% levy could drive automakers to close factories in Canada, particularly if the U.S. eliminates tariff rebate programs based on automakers’ use of U.S.-made parts. Auto parts regularly cross the U.S., Mexico and Canada borders multiple times before being put in a vehicle. Commerce Secretary Howard Lutnick, whose agency administers the tariffs, has said he wants to bring many of those supply chains to the U.S.
Fortress America
This morning I asked Did Howard Lutnick Purposely Wreck the Trade Deal with Canada?
Let’s discuss the evidence.
If it was debatable before it isn’t now. Lutnick wants all auto supply chains in the US.
Mccarthy Tétrault Ljiljana Stanić summed it up as “it seemed like the United States was trying to build fortress North America.”
Four Incompatible Ideas
- Create Fortress America
- Reduce Inflation
- Increase Exports
- Increase Tariff Revenue
The economic illiterates in this administration tout all of those ideas but never simultaneously because it’s obviously idiotic.
For example, if you create Fortress America you increase costs, reduce exports, and don’t collect tariffs.
Yet, Lutnick proposes collecting enough tariffs to eliminate income taxes.
How Should Canada Respond?
I explained this before but hopefully now it’s clear.
No matter how stupid the idea (and it is damn stupid) Lutnick and Trump are never going to be happy with any deal. They intend to bring parts manufacturing back to the US.
Those Canadian jobs are at risk because Trump will never be satisfied.
The only response that makes any sense is to give Trump what he wants, immediately.
Canada should halt all parts and oil exports to the US immediately. It should put an export tax on electricity.
Trump is giving Canada until January. But in January, Trump will want more.
Canada’s best option is to smash Trump in the face with an economic brick right now.
Related Posts
March 12, 2025: Lutnick Says Tariffs Can Eliminate the IRS and Balance the Budget
Lutnick: “We’re going to make the External Revenue Service replace the Internal Revenue Service.”
To balance the budget with tariffs, the administration would need to bring in $7 trillion. To replace individual and corporate income taxes, tariffs would need to bring in $3.1 trillion.
Team Trump proposes $918 billion in “reciprocal tariffs” to make the trade deficit go away.
But to balance the budget and eliminate personal income taxes, Trump would need to collect $7 trillion in tariffs on a net trade deficit of $918 billion.
I would love to hear a detailed explanation of exactly how that works.
August 22, 2026: Hypocrite Trump Eliminates Beef Tariffs But Only Through the Election
The price of beef is getting to Trump (and everyone else). But ranchers are very upset by the move.
Fact Check on Trump’s Claim “Canada Ripped Us Off”
In February, I did a Fact Check on Trump’s Claim “Canada Ripped Us Off”. What’s the Real Story?
For 2025, the total balance with Canada was -53 billion. But the oil balance was -84 billion. Excluding oil, the US has a goods trade surplus with Canada of 31 billion.
Q: Why exclude oil?
A: Because the US needs Canadian oil and gets it at bargain prices too!Energy Synopsis
- The US gets Canadian oil at a 15 percent discount, and it’s oil that our refineries are built to handle.
- The US exports West Texas Intermediate, a higher grade of oil, at a higher price.
- Excluding oil, the US has a trade surplus with Canada for 18 years.
Q: What About Services?
A:The US runs a constant services trade surplus with most of the world.
I will update the Canada trade numbers shortly.



Oh Canada’s unemployment rates is not 10% either. I would think no decisions would be made by any large US companies until after the mid-terms. They know Trump will be gone and depending on how midterms shake out, they’ll have a reasonable idea of what the next president can do, even if from the GOP.
I hold the opinion that this will do irreparable harm to the US auto industry and more.
America has rejected manufacturing the EV while gas prices are forcing demand destruction. This leaves us with hybrids and EVs. Neither of which we have any market representation.
Moving plants takes many years. Much longer than this administration will last. No corporation is going to risk the investment because somebody is having a tantrum.
Canada and Europe are our largest auto experts. That won’t last. Tesla is already DOA because Musk likes to play Nazi and is a general prick. Doubt me? See liquor sales.
People will boycott the US products simply because we went from America to Amerikkka and have utterly failed to address it.
The unfair practices and inconsistency will drive business away from this country. We are losing the customer base as countries boycott Amerikkka. We are losing the knowledge as other nations are expanding their STEM skills in education while we attack higher education as being woke.
Amerikkka has already lost the robot race, just see who’s attending the robot Olympics.
Amerikkka has lost the Ai race. While we are building thousands of data centers under the protest of 70% of the country and argue it’s for national whatever… There’s isn’t the energy or water, fundamental resources, and we have no plans to build anything out. Meanwhile China continues to build out their energy grid with advanced HVDC capabilities that we don’t have the expertise to replicate.
America has its time. We are in our descendance. Trump has speed this up by a generation.
Trump is simply being silly stupid. Doesn’t he have enough to do with Iran, an enemy of ours that he has not been able to coerce into a simple Peace Pause, and let’s not forget, that’s after he annihilated the Country, in his own words.
Now he wishes to take on a neighbor and friend of ours, and demands a 50% Tariff, WTF! They sell to us what we need and at a very good price. What we get from them we need from them, and may not be able to simply get elsewhere and at what cost if we could?
Nobody can take the keyboard or microphone away from this man for a week? Nobody? Have they tried with his Wife? Kids? We just need him to be quiet for awhile, and then come out rested, and coherent to the end of his thoughts…
Iran would not be an enemy, except that we have made it an enemy.
It isn’t just Canada he’s alienating. It is also Denmark (we want Greenland), South Korea (cancelling long planed joint military exercise at the last moment because Korea will not send their small navy to the Persian Gulf), Oman (threatening to “bomb the hell” out of them), Saudi Arabia (telling MBS he can “kiss my ass”). He is an emotional twelve year old.
Man you know it’s bad when Stu is calling Trump an idiot and nothing more. I’d be interested to see how many former Trump voters plan on stinging him come midterms, has to be statistically significant at this point.
We all know where this is going….
Do worry, Trump, Walrus, GOP, and democrats will find a way to make things even worse.™
The goal building up Fortress America is to then wage WWIII, that is, the war of the US against the rest of the world resisting vassalage and paying tributes.
much better the poor pay tariffs then the rich pay income tax
Canada spent decades being the “good neighbour,” handing more and more control of our manufacturing and economy to the U.S. And now MAGA is making Canadians finally wake up.
If Trump wants to “treat Canada like a state,” he should remember the EU only works because its members choose shared governance. Canada never agreed to that — we just acted neighbourly while the U.S. kept borrowing our resources, our talent, our market access… and rarely giving anything back.
These new tariffs might actually be the slap we needed. They’ll force Canada to rebuild and re‑energize our own economy with far less dependence on the U.S.
The U.S. has been the neighbour who always comes over to borrow something and never returns it. Canada is finally noticing — and adjusting.
yes this is the way, Canada has all it needs food security, energy security, gold, vast natural resouces and the one of best educated workforce in the world, plus not every other person is an asshole. It is one of the best places to live in the world.
Seeing as the US doesn’t need Canada, Quebec should redirect electricity exports now going to eastern seaboard to Ontario which has a grid destabilized by the over-building of wind and solar, especially in the SW. The new Darlington 4th Gen nuclear power plant which relies on American processing of fuel should be cancelled and they should go with the superior local design from Hamilton, and build a processing facility at the Bruce Peninsula isotope factory. (That is where 60% or more of the global demand for cobalt 60 is produced for sterilization and treatment.)
As the US doesn’t need Canada, Alberta and BC should turn off the taps to fossil fuel. Include Saskatchewan in that. When the price of diesel >$10 on the southern side of the border, tourists can cross to fill up and smuggle it back, the way Niger does with Nigerian gasoline. We won’t mind because we are nice.
A concomitant action will be to block the “foreign” funding (sources unnamed) of Canadian NGO’s to hire professional protesters against pipelines to the west coast. Professional agitators will have to seek other employment. After all, the US doesn’t need Canadian oil and gas but others certainly do. Plus, overseas customers will pay the going rate which would earn an extra $50m/day in export revenue. Why should we subsidise a country that doesn’t needs it?
I see this working out rather well.
This dairy thing is interesting. There have been foreign competition restrictions protecting the Canadian domestic dairy industry for about 100 years. When I was young, there were 29 independent cheese producers in Ontario. Kraft bought 28 of them, one by one, paying about double their value, and immediately closed them. The only holdout was in Peterborough (excellent cheese) whose attitude was, “Kiss my ass.” Kraft then made its homogenized cheesy products (Krap Cheese Spread) available everywhere. I have been boycotting Kraft products since 1968, not that anyone noticed, but we have principles.
You will notice that every statement from the US side mentions century old import restrictions on dairy products citing percentages, not market size. Well, we don’t need US dairy products because we have always had enough production. The argument that the US should produce its own cars applies equally well to Canadians producing their own cheese. They can’t have it both ways. Make your own cars and trucks out of your own aluminum – they will cost 50% to 100% more. We don’t mind. It’s your money. Spend it. The auto loan debt default crisis will “mature” that much more rapidly.
The real threat (apart from oil) is fertilizer. The entire food chain in the US is completely dependent on Canadian fertilizer. Come next planting season, this will be a serious challenge to large farms. With diesel over $10/US Gal and only 1/3 of the fertilizer available at double the price, commodity futures and food prices will skyrocket. We grow a lot of food. I guess we can send Care packages to the food banks in your major cities where the riots will be the worst.
Postponed till January, eh? How about that! It sounds like someone in DC brought a 2×4 to the temple to get attention. Only after the mid-terms will it hit the fan – next year. Such wisdom! Such strategy! How clevah!
Most excellent rebuttal.
Sounds like instead of traveling to the US Virgin Islands and Naples Florida this winter I should go helicopter skiing in Banff!
Also going to buy some Canadian dollars as they will be gaining strength as the rest of the nations Trump is bullying will be trading with Canada as well.
This is an entertaining revenge fantasy, but from the American side it mostly reads like Canada threatening to injure itself in order to prove that the United States would feel some pain too. Of course the United States benefits enormously from Canadian energy, minerals, fertilizer, aluminum, lumber and electricity. Nobody serious disputes that. But Canada also benefits enormously from having the world’s largest economy directly south of it, connected by pipelines, railroads, transmission lines, highways and supply chains that took decades to build. Turning that relationship into a hostage situation would be a strange way to demonstrate Canadian economic strength.
Start with electricity. Quebec can certainly sell more power within Canada where transmission capacity and contracts allow it, but electricity is not a bucket of water that can simply be poured west instead of south. If Hydro-Québec could effortlessly redirect all of its U.S. exports to Ontario at equally attractive prices, one suspects it might already be doing so. The reason Canada exports electricity to the northeastern United States is not charity. It is because Americans pay for it and the infrastructure exists to deliver it.
The nuclear argument is even more curious. Cancelling a Canadian nuclear project because part of the fuel cycle involves American processing would not demonstrate independence. It would demonstrate how deeply integrated the two economies already are. By the same logic, the United States could decide it no longer wants Canadian uranium, aluminum or industrial inputs, while Canada could purge American machinery, software, aircraft, medical equipment and investment. Eventually both countries could achieve the glorious economic sovereignty of North Korea, although admittedly with better scenery.
Then comes the grand plan to “turn off the taps” on oil and gas. Canada certainly has leverage here. The United States imports enormous quantities of Canadian crude because Canadian oil is nearby, reliable and connected directly to American refineries. But Canada sells that oil to the United States for exactly the same reason: the customer is nearby, enormous and connected directly to Canadian production. Shutting down those exports would hurt American consumers, particularly in the Midwest, but it would also strand Canadian production and hammer Canadian producers while everyone waited for enough west-coast export capacity to appear.
The idea that overseas buyers would simply step in and pay Canada an extra $50 million per day is particularly charming. If those buyers were already available at permanently superior prices, Canadian producers would presumably have discovered this remarkable opportunity without needing a trade war. The actual constraint has never been a lack of awareness that Asia exists. It has been pipelines, port capacity, shipping costs, refinery configurations and geography. Unfortunately, geography remains stubbornly resistant to nationalism.
The fertilizer threat is real in the sense that Canada is a hugely important supplier of potash to American agriculture. But turning potash into a political weapon would be a terrific way to convince the United States that dependence on Canadian supply is a strategic vulnerability. Americans would stockpile more, subsidize alternatives, expand domestic production where possible and court other suppliers. Canada would succeed in transforming one of its greatest commercial advantages, its reputation as a dependable supplier, into a congressional hearing about national security.
The dairy argument also manages an impressive ideological somersault. Canadians are perfectly entitled to protect their dairy industry if that is what Canadian voters want. But supply management is protectionism. You don’t get to defend Canadian barriers as necessary protection for domestic producers while simultaneously ridiculing Americans for wanting to protect domestic automobile or industrial production. Either protectionism has costs and tradeoffs or it doesn’t. The nationality of the tariff does not alter the economics.
The Kraft anecdote is colorful, but something an American food company did to Ontario cheese producers half a century ago does not settle modern trade policy. If historical corporate behavior permanently justified trade barriers, the United States could produce a telephone-book-sized list of Canadian, European and Asian companies whose conduct Americans disliked and use it to justify protection forever. That would be emotionally satisfying and economically ridiculous.
The automobile example actually exposes the biggest flaw in the whole argument. Canada does not really make “Canadian cars,” and America does not really make “American cars,” at least not in the simplistic sense implied here. North American automobile manufacturing is an integrated continental production system. Parts cross borders multiple times before a finished vehicle rolls off the line. Canadian aluminum, American electronics, Mexican wiring, Canadian engines and American assembly plants are not evidence that one country has been duped by another. They are evidence that specialization and integrated supply chains usually make things cheaper and more efficient.
That is why the repeated “America doesn’t need Canada” line is silly when Americans say it, but the Canadian response here is just the mirror-image version of the same silliness. The United States does not need Canada in the literal sense that the country would cease functioning without Canadian trade. America has abundant energy, farmland, capital, technology, minerals and alternative suppliers. But replacing Canadian imports would often be slower, more expensive and less efficient, which is precisely why Americans buy them. Likewise, Canada could survive without the American market, but doing so would require a massive and costly reorientation of an economy that has spent more than a century integrating itself with ours.
Trade is not a favor Canada does for America, nor is access to the American market a charitable contribution the United States makes to Canada. Both sides participate because both sides make money from it. Canadians sell us oil because we pay them. We sell Canadians machinery, technology, financial services and consumer goods because they pay us. Nobody is subsidizing anyone out of continental brotherhood.
So yes, Canada could restrict electricity, oil, gas, fertilizer and other exports and inflict genuine economic damage on parts of the United States. The United States could retaliate against Canadian exports, investment, manufacturing access and financial relationships and inflict considerably more damage on Canada. Then both countries could spend years spending billions of dollars reconstructing supply chains that already worked perfectly well before everyone decided economic self-harm was a compelling demonstration of patriotism.
The more sensible American position is that Canada is an extraordinarily valuable trading partner, and the more sensible Canadian position is that the United States is an extraordinarily valuable customer. Neither country is doing the other a favor. We are neighbors who became rich in part because we figured out that buying from each other is usually more profitable than trying to punish each other.
But if Canada really wants to shut off the oil, electricity and fertilizer to teach us a lesson, by all means give it a try. Just don’t be surprised when the United States begins spending heavily to make sure Canada can never threaten to do it again.
That would be a rather expensive way to win an argument.
I think you’re missing the point. Many of your responses are likely true, but that’s not the point of the original post.
As an American, I’m repelled by the position that the US government is taking. The so-called ‘negotiation’ process of the government is the issue here. We are clearly the 800 pound gorilla, but drumpf and company are trying to use that position to dictate terms rather than negotiate. Terms that are unacceptable to the other side, and no sane person can argue otherwise. Take the US demand that Canada can’t negotiate trade terms with other countries that the US doesn’t like or agree with. That in and of itself is extortionary.
The point is that the US (aka drumpf) who will always demand more, never stick to his previous agreements, and try to get more and more and more as time goes on.
The point of the original post is that Canada was wise to walk away from the extortion, and that their retaliatory options aren’t great, otoh what other sane options are there for Canada.
It’s turning into drumpf vs the world, and the rest of the world is waking up to the necessity that continued compromise, as has been the case to date, will never satisfy him. Canada, China, Europe, Iran, et al are waking up to that reality in different degrees and at different paces, but they would be fools to idly stand by while drumpf tries to pick them off one by one.
I’m not claiming that the other countries are all blameless or that I am a fan of many of the foreign governments (looking at you Iran and China); nevertheless I’m rooting for them to stand up to drumpf because this will hurt everyone, including America, if drumpf insists on continuing down the path he is going. Only by fighting back collectively can the 800 pound gorilla be stopped.
All of your points hinge on America not apologizing for this profusely in the near future, and as such they are kind of dumb. Canada has a lot more in their toolkit to hurt us in the Trump-admin future than we have to hurt them back, full stop.
Canada has been finding valuable customers who aren’t batshit crazy. They will benefit more than the US.
Canada will benefit very nicely from this.
With the 11th hour demand to restrict the use of French language in Canada, the Trump Administration has now forced any English/French division in Canada to rally around the flag and unite against the USA. Trumpie and his merry band of bubbleheads are skilled at uniting opposition against American stupidity and overreach.
Not really. Yes, they brought it up because it’s harder to code websites in two languages. Canada is sounding out support for their bilingual country. No division, only unity.
Ass kissing is inconvenient and unsanitary.
Boot licking would be more appropriate and even classical. .
I thought Canada had already boycotted most American products, so what difference does it make?
I agree that they should put a 50% export tax on all products they send to the U.S. And combined with the 50% U.S. import taxes, American business and consumers will…just not buy anything Canadian.
That will show us!
That’s what happens in trade wars, they are lose/lose as the cost of living rises for all consumers
Canada has the entire world to solicit as customers for their products. We cannot do the same.
Everyone knows that doing business with America is incredibly risky with no honor among thieves.
How are we going to enter into a trade deal when you have somebody like nutlick or trump making shit up at the last second? You know you’re going to get screwed if you do business with Amerikkka.
He could put an exit tax of 50% on Canadian oil and gas to the US. Alternatively, he could nationalize all Albertan oil and gas companies who are mostly US-owned anyway. He could put a tax on Quebec electricity exports to New England. Of course the secondary effects could end up breaking Canada apart.
Oh yes we can just avoid buying Canadian oil using some of that Venezuelan oil that doesn’t exist. Extremely clever business man!
Canada should immediately put a 50% export tax on all oil, gas, electricity, lumber, kraft pulp, fertilizer, and aluminum exports to the US.
China should cut off all rare earth exports to the US as Bessent/Trump demands they stop trading with Iran.
The entire world needs to start boycotting all things American.
A strong response is all that Trump ever understands.
Everyone needs to do their part. Since I left the US, I am no longer buying many US products at all except coca-cola to go with my popcorn. It’s a great sh!t show!
If Trump attempts to steal/stop the midterm election, every single American needs to stop working and stop consuming until he is booted from office.
I hope Canada grows some balls like Iran, they at least know how to deal with Trump and have totally humiliated him.
Carney has been trying to hitch the Canadian wagon to Europe as much as possible. Last weekend’s kerfuffle will only drive home that trend. But Europe is in worse economic shape than we are, so that is not likely to work out long-term.
I’ve got it! Force Canada into Europe’s arms. Europe goes bust and takes Canada with it. Bingo – 51st State. Brilliant! </sarc>
For an American investor you sure have an interesting outlook.
Maybe you don’t invest in American businesses?
Astute view.
Because Shorting is not investing? 😉
Day trading is not investing. It is just day trading.
Did you see “Day Trading” in my 5 words sentence?
He’s subject to all manner of delusions… he can’t help it.
He’s a boomer. He sees and says whatever he wants without any consideration to truth or facts like most boomers, especially the one in the white house.
Investing is when you put money on a company and it issues new shares for you. Otherwise, it’s just trading papers with the next fool.
Investing is when you put money on a company and it issues new shares for you. Otherwise, it’s just trading papers with the next fool.
Believe it or not, some things are more important than investing in American businesses.
Will I be able to get a new 1981 Dodge Mirada from the Windsor Plant?
Well, the Canada-USA trade war seems to be strengthening the US dollar. Otherwise none of todays market action makes sense.
Good for him! There is at least one human being who isn’t afraid of the deranged orange clown.