Canada is already viewed as a heavily taxed, beurocratic mess with close to 50% of the population being in the state machinery, the other 50% being poor migrants and outliers who do work in lumber, oil and other industries. Real estate is overvalued by at least 200%, inflation is on the rise, construction is not keeping up with the migrant population and now with the Trumpy tariff of 25%, everything will become soo much more expensive.Its over for Canadians.
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The tariff is on Canadian goods coming in to the US, so it will be paid by American consumers. Unless I missed where Canada became a US state and Trump is now it’s president.
@LeopoldBloom As goods made in Canada become more expensive, more people will chose non-Canadian goods. Canadian business will sell less product, make less money, and pay less taxes
@LeopoldBloom While putting tariffs on foreign made products while mean higher prices for us for a little while, what they really do is hurt the exporting country's economy. A lot of a countries economy depends on exporting their goods to other countries. If those countries stop buying them, their economy suffers.
