Post by
Bullvsbear99 on Jan 13, 2025 9:05pm
Tarriffs
If Donald Trump impose 25% tariffs, then we have bigger problem with Canadian economy then what happens to bombardier stock.
Canada will retaliate and impose 25% tariffs on all USA imports. We import more then export. Tariffs will destroy Canadian economy and put us in recession. We get hammered both on imports and export.
USA economy will suffer too but having bigger economy and much more diverse industries they will see less impact.
Comment by
Bullvsbear99 on Jan 13, 2025 10:42pm
You missed the point. Either way we are screwed. Canada will pay more for American goods and USA will pay more for Canadian goods. USA can survive without Canada, but Canada can't survive without USA.
Comment by
HopefulJuan on Jan 14, 2025 3:55am
Just like when they taxed the aluminum industry and then realized it was already controlled by Americans which was basically them taxing themselves before repealing the ruling. Additional tarrifs would be just punishing Ford, GM, and the like.