Is this true? export tax on oil?? What is wroing with this guy?
https://www.zerohedge.com/political/canadian-dollar-tumbles-after-turdeau-sic-reportedly-weighs-export-tax-uranium-oil
In a cute show of strength, Canada has flexed its tiny muscles for a second day in a row and in what it believes is an attempt to intimidate the Trump admin, has threatened to cut off its biggest customer from the one thing that keeps Canada's economy running (hint: it's not illegal aliens or illicit Chinese real estate funs): exports.
According to Bloomberg, Canada is examining the use of export taxes on major commodities it exports to its largest trading partner - the United States - including uranium, oil and potash, to retaliate if incoming president Trump carries out his threat to impose broad tariffs.
Today's threat comes one day after Ontario premier Doug Ford (brother to infamous, and now deceased, Toronto mayor Rob Ford) also flexed what little muscles he has under that copious shell, and suggested that the province would cut off electricity exports to the US over Trump’s tariff threat (which amounts to some 14 million MWh, or enough to power to large data centers).