Post

Trump says the US would “save” $90 billion by cutting off trade with Canada 🥴

330 reposts1.6K likes

I mean, yes, but the idea still sounds humorous. "Trump AI! The stupidest fucking thing in the AI field." I have some interest in seeing how that thing churns out the worst slop we've ever seen.

But the US narrow merchandise trade deficit only exists because the US buys so much of its energy from Canada. Canada fuels American growth, supplying 99 percent of their natural gas imports, 85 percent of their electricity imports, 60 percent of their crude oil imports. thewalrus.ca/mark-carney-...

thewalrus.caMark Carney: Why I Rejected Trump’s Trade Deal | The WalrusThe prime minister on saying no to Washington and how Canada plans to withstand the fallout

The absolute dumbest President we've ever had on the economy, and so many other things. If it weren't for the AI/DataCenter spending spree/bubble propping up the markets, we'd be in free fall.

YES and what’s even stupider are the tens of millions of US voters who still support him. HINT - the United States is a country imploding. Canada and other countries need to start creating trade pathways that don’t go through the US.

Canada provides about 70% of all U.S. aluminum imports and accounts for over half of total U.S. aluminum consumption. Total annual Canadian aluminum exports to the U.S. have historically ranged around $9.4 billion USD.

Higher prices and far less reliable coverage with Texas style rolling blackouts one would imagine. With an ever growing fear of the White House actually going after Canada for the crime of not acting like a beaten spouse.

trump would make a surprise attack and take over all necessary facilities claiming cutting off power was a terrorist act and we’re acting in selfdefense and might as well claim this as american property, too, so we own this land now.

I have heard that the grid is not designed to be disconnected like that, and trying would likely put our power out too. However, export taxes could be applied if things get really ugly. In future though, Canada is likely to prioritize it's power for internal use. Border states should be prepared.

I think it's worse than that. I think he's implying that the US should just take Canadian goods. Like Venezuela. And I mean, why not? (NATO is why not but realistically who would stop him?)

He has no concept of how trade works. He thinks the U.S. government loses money when we have a trade deficit. It's private companies buying imports and then selling them to U.S. consumers. He doesn't understand how trade works.

He may be simplifying—and distorting—the issue for his supporters. But this is a sophisticated and profoundly dangerous economic-warfare attack on the foundations of global finance, especially on money itself as a shared instrument of trust and exchange. It is not a minor misunderstanding.

Something else! bsky.app/profile/lown...

ReginAmerica@lownewser.bsky.social

Coupons are absurd. Stores inflate the price, then make you "earn" it back clip, scan, jump through hoops. If it's a real deal, just charge that price. Case in point: digital coupons. Now you need an app just to get the discount you were promised. Enough with the games. Just give me the deal!!

Where are the 1% on all this? He is fucking with billion-dollar companies abilities to manufacture and move goods. Elon Musk doesn't care, but surely there are CEOs and stockholders who are aware that this is detrimental?

The best thing you can do for your own sanity is ignore this man. Instead, gauge the response from the masses around you. Trump is a puppet with no life within. Find the hand or enjoy the show...

OK. We have a $90 billion trade deficit with Canada. If we stop trading with them altogether, the deficit REMAINS at $90 billion. Doing nothing doesn't make it go away. We have to sell $90 billion more to them than they sell to us. Then the deficit is back to zero.

Could the White House Press Corps do their fucking job and point out loudly and at length that this moron doesn’t have a fucking clue what he’s talking about?!? Trade deficits are the result of millions of individual transactions by millions of actors, buying goods and services in mutual exchanges

Cutting off all trade with Canada means fucking with Ford and GM. It means no Canadian Tourists in the USA or American tourists visiting Canada. It means no Canadian oil in Midwest refineries. It means no Canadian hydro power in the northeast. It means lumber shortages.

It means millions of individuals and businesses suddenly being unable to buy or sell goods or services they need, desire or rely on and all of this to try and correct an accounting identity that the USA has largely spent the last 50 years not worrying about at all!

The fucking emperor or sitting there, stark bollock naked, and the WH press corps are asking him softball questions and not following up and not calling out this total bullshit! Do your fucking jobs! Tell your readers and viewers what is obvious - that he’s either stupid or crazy or both!

So you want your largest foreign supplier of oil, natural gas, electricity and potash for fertilizer to stop selling you all that and more? Do Americans love high gas prices and freezing in the dark?

🇨🇦🇺🇦 I try not to be surprised at how stupid your President is. What does continue to surprise me is the Republicans who still stand by him when he continues to embarrass America with his stupidity. By all means, cut off trade with us in Canada. Your economy will come to a halt, dumbass.

Oh my god his brain really is pudding. Double-dog-dare him to try. Start with oil and electricity and see how that works out for him and his equally incapacitated supporters.

That is literally how his brain works. If you give someone money you don't have the money anymore. Doesn't matter if you get something in exchange for money, you don't have the money.

Since he doesn't know The meaning of words Cuz he's a idiot He meant LOSE $90 billion He should know something About losing $ He bankrupted multiple casinos His dream is 2 hand the US 2 The DEMS as a 3rd World Country Then he'll run off 2 Russia Even though Putin is collapsing it W/the War Or die

Quiz for MAGA: When the US "loses" tens of billions importing raw materials from countries whose citizens don't have a use for or are too poor to buy the product we make from it, but exporting the product to other countries brings in hundreds of billions, should we stop importing the raw materials?

Once you realize he's deliberately crashing us into a wall so his tech feudalist backers can buy up the pieces for pennies on the dollar, it makes sense.

The only reason he hasn't yet collapsed the entire US economy is we (US citizens) can't stop buying things. No matter how much things go up, we keep buying shit whether we have the money or not. not sure where the true breaking point is, but he might just find it.

It's about pipelines, many of which run N-S. So Canada supplies western US refineries, and the US supplies eastern Canada. I'm too lazy to look up the data, but I think it's pretty close to balanced. The point is that if we cut that off, neither one of us has the E-W infrastructure to cope.