Trump post yesterday morning: “WE DON’T NEED CANADA, THEY NEED US!”
Trump in a tele-rally yesterday evening: “You know, selfishly, we need aluminum in this country. We don't have it. We get it all from Canada, for the most part, and we need it badly.”
H/t @josh_wingrove
This is a self-inflicted mess. When a major bourbon producer shuts down for a year, that’s not the market talking, that’s politics getting in the way of common sense. The LCBO, one of the largest buyers of American liquor in the world, has effectively shut U.S. products out. You can’t even buy American wine right now in Ontario, so shelves get filled with French bottles and Japanese whisky instead. That’s real demand, and real revenue, being handed to everyone else.
Canada and the U.S. should be inseparable trading partners. Canada has the resources America needs, America has the largest consumer market Canada relies on. Playing tariff games between neighbors is stupid and completely unnecessary. There shouldn’t be tariffs between allies. This hurts businesses on both sides of the border.