Well, Donald Trump has managed to poke the Polar Bear in the eye. Not only has the President upended the Canadian election by pushing the left-leaning Liberals into the lead heading into today’s election, but the locals are cancelling their southbound vacations, unloading their Florida and Arizona properties, and engaging in an unprecedented voluntary boycott of U.S. exports into the country. It is rare for Canada to ever make it to the front page of the Wall Street Journal, but that is exactly what happened today with “Canadians Stiff-Arm U.S. Brands.” (https://t.co/rWX2ioHoA7) In my various chat lines with U.S. friends and contacts, this only elicits guffaws and derisions of laughter. That is, until I show them the data revealing that Canadians buy $500 billion of American goods and services annually. As that evaporates, the cost to the U.S. economy comes to a non-trivial 2% of GDP. As everyone focuses on China, it is tiny but angry Canada that could well emerge as the trading partner that tips the U.S. economy into a recession that nobody I know voted for back on November 5th.
Thank you, @Dev_Fadnavis, for sharing your vision for a Viksit Maharashtra. I’m excited about opportunities to collaborate on digital platforms for women’s livelihoods and AI-driven solutions in sectors like health and agriculture. Looking forward to working together to improve lives across Maharashtra.