Summary

Mark Carney, frontrunner for Canadian Liberal Party leadership and potential prime minister, stated Canada will stand up to a bully after Trump imposed 25% tariffs on Canadian imports.

Carney vowed to retaliate by matching the US tariffs dollar for dollar, asserting Canada would not cave in despite mounting pressure.

He criticized Trump for undermining trade agreements, warning that the tariffs would damage the US global reputation and economic stability.

Outgoing Prime Minister Trudeau promised a forceful, immediate response, emphasizing unity as Canada defends its economic interests, ensuring national prosperity.

    • fine_sandy_bottom@discuss.tchncs.de
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      1 day ago

      The text is hinting at a kind of conspiracy where you deliberately cause a market to crash and then just buy everything cheaply. I don’t necessarily subscribe to that theory.

      The meme is saying a blanket 25% retaliatory tariff is not a good idea but targeting specific items might be beneficial. I tend to agree with this. No point applying a tariff to goods for which there is no alternative.

      • Dumpdog@lemmy.dbzer0.com
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        13 hours ago

        Thank you for the respectful explanation even though you have other opinions.

        I admit that the text is lacking in a detailed explanation. This comment was kind of a throwaway comment at the time, but there are certain aspects of these tariff actions that point to a reality.

        • Economists believe that these actions will have a detrimental effect on the US economy (All three North American Economies).
        • The administration is shutting down government services.
        • These services are necessary.
        • (This is where a possible “theory” may come in) The private sector will say they have come to “save” us and “bail out” these failing services. For example, educational institutions. Will they become privately run by Google ED, High School by Meta or some other company? Yes, This is definitely speculation but also not that far out to be tinfoil hat level.

        We should recognize the importance of accessible public education because…if a fucking nutsack, dipshit can’t read well enough to understand a throw away, 10 year old+ meme then we are already fucked.