Baytex Energy Corp T.BTE

Trump's Trade War

[Tommy007]

When Trump starts the trade war on February 1,  what is the most powerful and effective weapons for Canada? of course, is ENERGY.

Canada is the largest supplier of energy to the U.S. In 2023 Canada provided approximately 60% of the U.S.’ crude oil imports, 85% of its electricity imports, 99% of its natural gas imports, and about a quarter of its uranium imports, that end up fueling reactors that supply electricity to about 1 in 21 American homes (U.S. Census Bureau).  Carried by over 70 oil and gas pipelines and over 35 transmission lines across our shared border.
What is the consequent? Great Recession 

 

[Frank007]

Or the start of the Great Depression...watch the 10 year and 30/ year u s bond ...just who is going to buy them ...certainly not me ...we may have three months but get out of debt .....the house of cards I'd about to collapse ..good luck folks