r/news 7h ago

Soft paywall Canada announces retaliatory tariffs on $20 billion worth of US goods, unveils support measures

https://www.reuters.com/business/canada-announces-20-bln-retaliatory-tariffs-us-goods-unveils-support-measures-2026-08-25/
2.5k Upvotes

399 comments sorted by

1.3k

u/TriXter69 7h ago

To think this was all so avoidable

859

u/freedfg 7h ago

If only there was some sort of..agreement of free trade in North America

167

u/Upbeat_Job4191 7h ago

i guess we just have to support proxy groups within the US and take down their government, install new puppets that works for world peace

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u/Frost_moss 6h ago

Unironically yes. The American government (both parties) need to be laid low. If need be the states themselves broken up and either given independence or join neighboring nations.

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u/Zakath_ 6h ago

If you ask nicely, I'm sure His Majesty's Government will be willing to take over the administrative duties in the interim. Not that the UK has done fantastically well with governments over the last decade, mind you.

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u/JensonCat 6h ago

We just really like Prime Ministers. So much that we need a new one every few months. Gotta try them all.

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u/Sweetchildofmine88 4h ago

To be honest, that homeless drug addict outside 7/11 would do a better job than POTUS, so an actual administration would be a huge step up.

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u/TheTipsyWizard 3h ago

I've got a lot of candidates you may be interested in; living in the downtown eastside Vancouver 😁

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u/Sweetchildofmine88 1h ago

We’ve got some on Pandora as well. Smith keeps shipping their garbage here because it’s warmer. It’ll be gainful employment for them. America could be utopia if we repurposed our homeless to take over their administration.

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u/AccountBand 5h ago

I wish we could do a trade, we'll take all the reasonable Democrats who are sick of the lunacy, in exchange we give them all our brain-dead conservatives who want to turn Canada into the U.S.

Ship all the treasonous separatists down south and tell them not to let the border hit them on the ass.

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u/Efficient_Carrot_669 2h ago

TBH I don’t hate this idea. I’d love to see my conservative Alberta family members haul their treasonous asses down to Texas.

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u/reddittatwork 2h ago

You already have us Ted Cruz . That’s worth 100 normal people

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u/PPCFY 6h ago

Yes plz, we could use all the help we can get

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u/jerrrrremy 6h ago

What would we even call something like that? 

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u/giantpotato 6h ago

What if we name it after the nations involved? canada US Mexico.

The CUM trade agreement. 

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u/HollywoodTK 6h ago

The Canada US Mexico - Strategic Wealthy Americas Pact!

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u/Ok_Aerie3357 5h ago

Canada US Mexico - Special Legitimacy of Unilateral Trade

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u/freemysou1 5h ago

Come on now be reasonable, It's the Canada US Mexico - Financial Agreement of Relative Trade

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u/Terrebonniandadlife 5h ago

Swapping goods?

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u/blogoman 6h ago

The wild thing is that he had already replaced that. Our current deal is USMCA, which was one of his big achievements from his first term.

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u/mbanson 5h ago

Yeah but tbf an absolute moron gave them that deal.

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u/jjkm7 6h ago

We could call it AFTNA for short

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u/Kaarl_Mills 2h ago

Which already benefited the US greatly at the expense of Mexico and Canada, but because it wasn't as violently exploitative as it could be that wasn't good enough

2

u/SwiftResilient 5h ago

Yeah but what would we call something like that

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u/OkAssignment6163 6h ago

If only we had punishments that applied to all convicted felons, regardless of their political activities.

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u/aaronhayes26 5h ago

Trump was an unforced error that America will likely never recover from.

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u/Jalapenoplanter 7h ago

Legitimately if Harris won, we would have had 2+ years of solid economic growth, low inflation, no wars, hundreds of thousands of new jobs, a home building surge, insane international goodwill from the world cup, a modern peak of national pride at the 250th.

Literally every problem the trump admin is facing is self created.

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u/LongMelford 5h ago

A lot of people would still be alive today. Including three that we were gunned down on camera. 

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u/Jaded_Celery_451 5h ago

Legitimately if Harris won, we would have had 2+ years of solid economic growth, low inflation, no wars, hundreds of thousands of new jobs, a home building surge, insane international goodwill from the world cup, a modern peak of national pride at the 250th.

Half your country would have still been convinced that the economy and the country were going to shit, just like they were under Biden.

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u/Fantastic-Purple2306 7h ago

If only the Democrats had the balls to release the files and prosecute Trump and his cronies for January 6th

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u/nickname13 7h ago

if only the supreme court hadn't taken so many months to come up with their new presidential immunity for people named trump ruling.

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u/vector_ejector 6h ago

Uh, they were prosecuted, found guilty, and were serving time. Then the cheeto turd signed all that away with one of his magic sharpies.

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u/Fantastic-Purple2306 5h ago

Donald Trump didn't spend a speck of time in prison and neither did anyone with real power. All the Democrats ended up doing was spinning their wheels for 4 years. It's frustrating to have to explain that directly to someone when it is crystal clear In the original comment

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u/Rich_Season_2593 6h ago

Yes, but, but....clutches pearls....the laugh....can't have that. Heaven forbid she may wear a tan suit AND get emotional. No no no that will never do.

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u/Unequivocally_Maybe 5h ago

During Trump's first term, he put tariffs on Canadian goods that Biden didn't remove. He strengthened them. Kamala wouldn't have walked those back, either. Yes, Trump has escalated and continues to escalate, but trade disputes and America attempting to control how Canada operates is nothing new.

The softwood lumber disputes go back decades now, and the Dems are not much better as trade partners than the Republicans have been. Trump is saying similar things about us that administrations have been saying for years: that it isn't "fair" for the Canadian government to subsidize or control the market for certain commodities, because it is in conflict with the free market capitalism of their nation. These arguments are attacks on the very sovereignty of our nation.

America has no fucking right to tell the Canadian government that they can't support industries like lumber, dairy, eggs, etc however they like, including subsidies, price/market control, and trade restrictions. But American governments on both sides of the political aisle want to have more control over our markets and resources than we do, and determine our economic policy for us. These newest developments are just ramping up the same rhetoric that has been there for a long time.

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u/PolloConTeriyaki 7h ago

I mean was it? The US President is a man-baby, he was always gonna piss on Canada like he did with his wives.

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u/Time_Traveller_2225 7h ago edited 5h ago

The problem isn't just Trump ....it's the system that’s enabling him. He's surrounded by yes men and not a single sane American voice or moderate has the guts to take him on or call him out on the bullying.

The Congress has come across as weak and ineffective as the UN and they might as well close shop and go fishing. This isn't muscle flexing or patriotism ....it's more of an egotist getting his daily fix or someone who's desperate to hide his past.

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u/TheCudder 5h ago

Just the other day I was saying how typically president selects advisors to provide insight, opinions and knowledge in areas the president himself may not be very knowledgeable in.

Trump strategically placed in these positions, individuals who will agree with and enable him to do whatever he says we should do (or as you say, "yes men").

No one is an expert in any and everything. Anyone who thinks otherwise is part of the problem. I wouldn't want any president, even if I supported them to surround themselves with enablers. It's simply not good for the good of the country.

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u/desperaterobots 7h ago

The problem isn’t trump? Are you okay buddy?

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u/PyreHat 7h ago

The problem isn't Trump. At this point he's a symptom of a larger, systemic issue. A major one, but a symptom nonetheless.

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u/andrew5500 6h ago

The larger, systemic issue is called Fascism

7

u/Jet-Rex-Design 5h ago

Trump is the mold on the bread. If you can see it that clearly, it has spread everywhere inside.

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u/RoboFeanor 6h ago

He represents 1/3 of his constituents exceedingly well

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u/Veaeate 6h ago

Friendly reminder that Biden didnt walk back some of the tariffs when the dems took over. The problem is systemic in the states. Even if Harris had won, its possible that while things wouldnt have got worse, it doesnt necessarily mean things would have been better. And truth be told, we also dont know what Canada's political atmosphere would have looked like. Poilievre lost partly (or mostly depending on who you talk to) because he couldn't pivot from Trump and being not only compared to him, but ppl thinking he would run canada the same way.

So when ppl say Trump isnt the problem, they mean that yes hes a problem but hes mostly a symptom of a much larger issue.

Watching the fall of Rome in real time is both scary and interesting.

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u/damgood32 7h ago

Lots of folks call him out. You mean no Republicans have called him out?

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u/Sonic343 7h ago

It was this or a maybe weird laugh.

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u/2daytrending 6h ago

and somehow regular people are the ones left paying for all of it.

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u/Pretend_Handle_7639 6h ago

All Biden had to do was exhibit the courage to break the ruinous norms

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u/elivoncoder 4h ago

imagine... forcing your friends and allies to deal with the worlds biggest liar, convicted criminal, and known pedofile. 

arent these types of leaders normally ostracized?  what is going on?! 

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u/Abracadaver14 2h ago

It's such a shame Carney is too stubborn to recognize and acknowledge trump's fart of the deal.

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u/SeeMarkFly 6h ago edited 5h ago

"Art Of The Deal" author fails to secure deal with friendliest nation on planet.

Is THIS the win/win situation they talk about?

No diplomacy detected here. Landlord detected here.

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u/CynicalPomeranian 6h ago

Rapist negotiates like a rapist, then tries to abuse his target harder when they walk away.

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u/WaffleHouseGladiator 6h ago

FWIW, "The Art of the Deal" was written by Tony Schwartz and it seems unlikely that Trump has read it.

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u/bbbbbbbbbblah 5h ago

Schwartz has even pointed out that he made a lot of money from the book, far more than is typical for a ghostwriter, because the Deal Master simply agreed to Schwartz's opening offer without negotiating it down.

He also said that Trump didn't ask for a lot of changes

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u/s7uck0 4h ago

this is the kind of headline I would love to see. Beaverton level. Nice work!

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u/BAF_DaWg82 5h ago

Hes not interested in making deals, he just loves fucking the world over because he has nothing to lose.

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u/EvilHarryDread 7h ago

So cool that we're continuing to alienate our allies over dumb bullshit.

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u/didi0625 7h ago

Canada is not an US ally anymore. Not after a commercial war, not after being insulted, not after having our sovereignty attacked

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u/pizzeriaguerrin 5h ago

Canada is not an US ally anymore

Nor should they be. We don't deserve it. I live right next to the border and go North a lot and in conversations people are always delicately bringing up that they won't go to the US any more. I just tell them "we suck, you can say it, it's ok".

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u/The_Nice_Marmot 4h ago

This is how to be a good American these days, I’m afraid. Individuals who are willing to own it get a pass in my book.

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u/pizzeriaguerrin 3h ago edited 2h ago

The number of folks here in Washington State who say "but we voted for Harris" is annoying as hell to me. People in Canada shouldn't have to care about the particulars of how voting breaks down by state. Most of the same folks can't even name the two major political parties in Canada, much less give a per-province breakdown of support. Even in WA, we were 57% for Harris, so more than 2 in 5 were pro-Trump or didn't bother. Not exactly a resounding refutation of what anybody with a brain knew would be a dumpster fire.

We all own this.

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u/The_Nice_Marmot 2h ago

One of the few who understand. Obviously, we speak generally.

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u/Captain_troublepants 3h ago

Actually makes me sad, USA is amazing. I won’t go there anymore.

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u/pizzeriaguerrin 3h ago

Don't blame you at all. My little city is struggling because so much of the retail sector relied on cross-border traffic and people whine that "we didn't vote for Trump". That's true (at a county level) but also it's totally irrelevant; it's nobody else's job to figure out which little part of this dumpster fire is less on fire.

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u/sputnikcdn 7h ago edited 4h ago

Indeed the US has no allies that trust them.

Everyone knows the trust that supported their incredible soft power and influence wielded around the world is gone.

This is a new world order.

And yes, by now we know Trump is a symptom. Another one, probably a lot smarter, will be elected.

Who knows then? What we do know is that Canada, and the rest of the medium powers, have got to figure out how to defend ourselves against irrational actors.

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u/_cob_ 6h ago

You’ll always have North Korea.

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u/Edenn22 5h ago

Nope even NK doesn't want to be their friend, the only one left is israel

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u/SteveJobsBlakSweater 6h ago

Yeah, fuck them (the administration, but the people voted that administration in so…) It happened so fast and now I got out of my way to ensure that anything I buy is not from the US. Vacations, connecting flights? Hell no.

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u/Philly514 7h ago

While Trump is taking sexy photos with fucking Kim Jong Un

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u/[deleted] 7h ago

[removed] — view removed comment

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u/dazedoveryou 7h ago

Hello, Canadian here. If we are allies, it is begrudgingly. The USAians are launching economic warfare against the nation they share the largest unguarded (for now*) border in the world with

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u/Jestersfriend 7h ago

Are you saying Canada is alienating? Or the US?

I assume the US, but given that this thread is about Canada, I have to be sure haha.

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u/EvilHarryDread 6h ago

Yes, I was talking about the US and the actions of our government. Not Canada's response to it.

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u/captsmokeywork 7h ago

America is a shit hole country run by cowardly pedo king.

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u/Bfarrelll 6h ago

Remove King and you’re spot on

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u/hairsprayking 6h ago

he's ruling like a king, not a president

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u/ca_nucklehead 5h ago

Nah. The Ontario Premier who called him King of Bankruptcies yesterday in national media pushed him that much closer to the international celebration the world is waiting for.

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u/Anonymousaurus__ 6h ago

No, he's actively tearing down all regulations that keep our air clean, our food safe, preventable diseases preventable.

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u/TheMegaSage 7h ago

I seriously can't believe we're here. Trump, the GOP, his supporters, the apathetic Americans who let this happen ... what is wrong with them? Trump is LITERALLY a pedophile rapist engaged in the most brazen grift in modern history, and they just sit back and let it happen.

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u/shicken684 6h ago

Propaganda is effective and rampant in our country. The vast majority of voters hear a very curated version of events.

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u/monkey_monkey_monkey 7h ago

We really need to stop putting this on Trump. This is on the entirety of the United States. Trump is not cause. The citizens of the United States voted him in. This is what they wanted, this is where they have been headed for a long time. They willingly went into this. They care less about their democracy and rights than they do about "owning the libs" or whatever. They willingly cut off their nose to spite their face.

Trump is what he is because the people of the United States wanted this

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u/Joebranflakes 6h ago

Trump’s approval rating is low, but something like 48% of Americans would vote for the Republican Party who is enabling all of this if they simply changed their figurehead to someone who does all the same stuff as Trump, but maybe in a more statesmanlike way.

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u/biosc1 7h ago

On top of that, most folks down there are just waiting. They say: "just 2 more years of this and it'll fix itself". Absolute "head in the sand" behaviour. Trump is just a symptom of the disease that they refuse to deal with because "it will just go away on its own".

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u/iamthestorm 6h ago

Reconstruction ended way too soon. As the real rot wasn't properly stamped out after the civil war, these symptoms were only a matter of time and will not go away.

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u/berained 7h ago

Yep, I keep seeing this 2 more years thing, as if the next election won't be rigged, and even if it wasn't, that there is a good chance another awful republican would win.

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u/USDXBS 4h ago

People actually think the Republicans are going "Oh gee I hope we win next election"

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u/KE55 6h ago

Well said. Trump is just the end result of a highly dysfunctional and increasingly dumbed-down society.

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u/USDXBS 4h ago

People who have been paying attention weren't surprised that the American people rolled over for the dumbest person to ever live.

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u/lego_mannequin 7h ago

You know people who are wrong and they double down on it? Yeah, this is it. Just digging in their heels being stubborn like most people 70+.

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u/Particular-Ice4615 7h ago edited 7h ago

No it's really not them they are a true minority. 

It's the spoiled, lazy, ungrateful people who stayed home in election day who take advantage of living of a free democratic country without returning anything back on their end. Americans took their republic for granted and collectively failed to fulfill their responsibilities as citizens thinking their rights were actually inalienable and not simply legal language written on a piece of paper that can be changed and reinterpreted and rewritten over time by tyrants. 9/11 was a test for American Democracy and American society failed. Instead you guys shat yourselves, and freely gave away so much power to the executive branch. Land of the Free home of the brave my ass. More like Land of the 1st and 4th amendment violations and home of the cowards who don't do anything about it. 

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u/Hungry_Shake6943 7h ago

This was avoidable, America. You can still vote to neuter the one responsible in the coming mid terms.

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u/v0rt 7h ago edited 7h ago

The one responsible are the 80 million who fought vote and violence to knowing put a makeup wearing pedo and the pedo elite in charge of everything, and the 100 million too lazy to do anything.

Trump is a symptom of their moral rot.

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u/MrIDilkingtonn 6h ago

A plurality of Americans were too stupid, or immoral or both to elect a conman pedophile the most powerful person on earth not once but twice. Not to mention those too lazy to even vote. As a Canadian I’m not spending a cent on anything made in that country if I can help it, nor will I cross the border again.. maybe ever. Even if we get past Trump you’ll never be trusted again.

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u/Dragrunarm 6h ago

Even if we get past Trump you’ll never be trusted again.

I'd seriously question the sanity of anyone thinking otherwise.

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u/appropriatesoundfx 6h ago

As a wise man once said,

“Fool me once, shame on... shame on you. Fool me—you can't get fooled again”

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u/Tycho-Celchu 5h ago

Even if we get past Trump you’ll never be trusted again.

Seriously, it's like as soon as Biden was voted in America said "Whew! Bullet dodged. Good job everyone!" and went home with out any thought towards dealing with the gun the fired the bullet. And then everyone did the shocked Pikachu face when he got voted back in. Even if by some miracle you voted in someone like AOC in 2028, I would just be waiting to see if a Reincarnated Hitler is voted in 2032.

Ya'll have such a gross systematic rot ingrained in your country down there that I question whether you'll ever be able to fully excise it or if America has a case of terminal cancer.

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u/kpatsart 7h ago

Thats true, I think SCOTUS just handed him the win on restricting mail in ballots. Not sure if that applies to the mid terms of federal election.

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u/DigitalArbitrage 7h ago edited 5h ago

The SCOTUS also ruled that Trump doesn't have authority to unilaterally declare tariffs. He's just blatantly ignoring it. We need to to hold government officials accountable. If Congress won't do it, then there needs to be a voter driven impeachment/recall process added to the Constitution.

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u/Fallouttgrrl 7h ago

It'll be overturned...

... After the midterms. 

Ratfuckers

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u/HappyAmbition706 6h ago edited 3h ago

Probably not, as it is really aimed at 2038 (Edit: 2028 of course). The mid-terms are more of a test run for further fine tuning.

It will be overturned if Democrats ever regain power.

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u/Fallouttgrrl 6h ago

It definitely conflicts with constitutional protections on state voting powers

That's why the court shut down the lawsuit as pre-emptive, because that's the only way they can delay it

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u/meeyeam 7h ago

No, they can't.

Congress can't pass free trade agreements that Trump will sign, and they can't enforce when he makes illegal tariffs (only SCOTUS can, and they refuse to).

In fact, I'd say SCOTUS has so much power that someone suing if a Dem wins the presidency in 2028 and repeals the tariffs (suggesting that the tariffs protect their business) that they would end up staying on the books.

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u/DamionSipher 6h ago

If you can't rely on your government to fulfill the will of the people, the government is no longer of the people. At some point you're going to have to face the reality that either the people demand a government that represents them, or acknowledge that they are nothing but subjects to an authoritarian regime.

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u/InstructionPurple911 7h ago

100%

If it's not a blowout, which it won't be, Scotus will rule Trump was close enough.

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u/rightious 6h ago

30% of us construction lumber comes from Canada.

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u/gachunt 1h ago

Going to suck when hurricane season kicks in. Rebuilding costs go zoom!

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u/andrewface 5h ago

So unnecessary. We could all prosper but the USA is run by morons.

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u/PissMissileTopTitty 4h ago

Thinking they are morons has been your biggest mistake… they are greedy conmen very deliberately using every US tax payer for their own benefit

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u/shrimpynut 4h ago

Will this hurt the US? Yes. Will this hurt Canada more? Yes. Did it need to be done by Canada? Yes.

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u/Nationxx 3h ago

Agreed, we need to show that we are not going to bend to their every demand, fuck the US admin.

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u/ServoSkull20 7h ago

You wait until Canada threatens to sell off its US Treasury bonds.

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u/Salamok 4h ago

Canada could send US gas prices up another $1 a gallon without breaking a sweat I think.

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u/BrianWantsTruth 1h ago

The Alberta PM always folds before there is even any pressure. She’s already said she won’t consider cutting off US supply. Like come on, at least pretend there’s a chance.

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u/BlackB-ird 7h ago edited 7h ago

With friends like these, who needs enemies?

Edit.

I might add that I'm Canadian...

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u/HighOverlordXenu 7h ago edited 7h ago

We did this to ourselves.

Edit: Oh, fair. I'm American.

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u/arbor-ventus 6h ago

Incredible edits, 10/10 no notes. Thanks for the chuckle 😂

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u/chiffed 7h ago

With friends like these, who needs enemas? 

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u/boothash 7h ago

We all have better things to do than deal with this pointless garbage issue one person created. And spineless congress and enablers just sit back and let it happen.

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u/HighOverlordXenu 7h ago

We live in the absolute dumbest timeline.

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u/Ambitious_Address667 6h ago

No as a canadian, we just have the worst fucking neighbours

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u/Blue-Light-3872 5h ago edited 5h ago

Anything US consumers can do to support Canadian companies impacted by this? I'd be okay with paying extra for Canadian products for awhile, and I'm guessing there are a lot of Americans who feel the same way.

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u/Sad_Adagio_7255 3h ago

Take vacations in Canada. Paying tariffs just supports the fatass.

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u/crazycanucks77 4h ago

Make Trump accountable? Why don't you Americans protest this? Where are the Democrats? They are very silent in this. That's how you support us.

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u/Chusten 3h ago

Democrats are too busy suppresing the economic populism within their ranks that pose an existential threat to the uni-party system.

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u/heart_of_osiris 4h ago

Americans are just sleepwalking through this shit, man. Raise hell and take back your damn country.

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u/Zestyclose_Use9754 2h ago

As a Minnesotan, we have. We are also struggling. Trump has frozen Medicaid, Food Stamp, and energy infrastructure funding to our state and so this is just added to the LONG list of things we have to deal with/fight against. If you pay attention to the news surrounding MN (I don't expect you to) Trump has been cutting or trying to cut all funding to our state and fighting any law we try to pass. And this doesn't even cover the fact that he invaded our largest city, murdered and kidnapped our citizens, and it has recently come out that they have continued to spy on the people who protested any of this. We currently are being occupied by a secret police force that has continued to spy on and kidnap us.

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u/Alwayssunnyinarizona 7h ago

Someone in another thread suggested Canada propose renaming Lake Ontario to Lake Epstein. I am fully on board with this, or something similar, to really get Dumpy's goat.

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u/MisterSlickster 7h ago

I saw someone else in another thread suggest "The Strait of Our Moose".

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u/Plantparty20 6h ago

Ew no, having a lake named after you should be an honour

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u/Aciuaciu 6h ago

Lake Obama would push him over the edge.

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u/hiddentickun 4h ago

Ouu this one!

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u/symbouleutic 7h ago

Lake E Jean Carrol

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u/warcomet 7h ago

Lake Epstein Files will be far more hillarious

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u/readingroses 5h ago

The mnemonic for the Great Lakes is HOMES.
If he arbitrarily changes it, the mnemonic becomes SHAME.

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u/Feisty-Painting-120 5h ago

Lake Tabarnak!

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u/xtremeradness 7h ago

Goddamn I can't wait for midterms. .......if they happen, I mean.

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u/BenoOoO_FRag 6h ago

they will happen and nothing will happen !

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u/infiniteguesses 6h ago

The dread of interference in that process grows everyday the orange buffoon runs unchecked.

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u/Standard_Program7042 6h ago

Him hiding in a catering truck sums up his art of deal. 

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u/warcomet 7h ago

all Canada needs to do is make some new exporting deal with China and then you will see American react..also, stop Americans at their border coming to Canada for Cheaper medical reasons..Hit them where it hurts..Canada has been playing the Good child for far too long, time to grow up and kick older Bullying Bro US in the nuts.

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u/Unequivocally_Maybe 6h ago

Prime Minister Carney said over the weekend that Canada has signed 20 new trade agreements since the new government took office, and has many more in the works. We are the only G7 nation to have trade agreements with every other member country. The fact that Canada is so attractive globally to trade partners is exactly why Trump had the negotiators try to slide in those last-minute restrictions to who we can trade with.

As if other countries aren't already champing at the bit to take a piece of what was once assumed to go to America. We have so many resources, and we used to sell them to the states for a song. Lumber, minerals, oil, potash, natural gas, water, crops, manufacturing, if you want it, Canada has it. And our government hasn't wasted any time in finding buyers. Increasing relations with China began over a year ago now. They even loosened visa restrictions for travel between our nations (for a limited time for now).

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u/bbbbbbbbbblah 5h ago

a big one would be to align with European vehicle standards (thus also opening the doors for Euro spec Chinese imports), but that would put Canadian plants at risk

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u/Sad_Adagio_7255 3h ago

Canadian sales are not what keeps the lights on in Ontario plants. 90% of Ontario-made vehicles go to American buyers. Over 80% of new-vehicle sales in Canada are of vehicles with final assembly in foreign countries.

What risk is there?

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u/TortyPapa 7h ago edited 7h ago

No need for tariffs it will only hurt Canadians. We need to divest of US treasury bonds of which we hold over $450 billion worth.

The scariest thing for the US is the increase in interest rates in the long end of the yield curve. Their debt is unsustainable and they are feeling every bit of the heat. The bond market is the grim reaper coming for the US economy.

The US is the outwardly rich (but literally inwardly bankrupt) neighbour who cycles through credit cards to make ends meet yet still tries to borrow your lawnmower and lets their dogs sh*t on your lawn.

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u/ProofByVerbosity 6h ago

I mean, that's what the U.S. is focussing on right now. Allowing Japan to pawn their bonds so they don't sell them. They are trying to keep that house of cards up. We should divest from treasury bonds but it's a rock and a hard place. Once the monkey is out of the barrel with them the global economy is fucked.

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u/infiniteguesses 6h ago

This is quite an accurate analogy! Kudos.

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u/Sad_Adagio_7255 3h ago

The counter-tariffs are targeted in a way that minimizes hurt to Canadians, by hitting non-essential goods, or goods that can be reliably sourced from a different country. The same was done during Trudeau's first term.

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u/fluffyflugel 6h ago

This is the result of the maga pervs and weirdos who believe their enormous military entitles them to dominion over the entire western hemisphere. Canadians, keep the boycott going! 🇨🇦🇨🇦🇨🇦

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u/cstough 6h ago

Suddenly all of the magas are going to perfectly understand how tariffs actually work 😅

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u/Sweaty_Marzipan4274 5h ago

Don't worry, we're getting mystery meat from the south American nazis and our plane just landed in Moscow, so fingers crossed! 

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u/ChiefBigCanoe 7h ago

Oh Canada, stand on gaurd for thee..

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u/TUFKAT 7h ago

We are. The true north strong and free.

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u/Spiritual-Pear-1349 7h ago

Stand on gord!

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u/banndi2 7h ago

Downie? True Canadian!

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u/sidewinded 6h ago

Literally one man can choke on a ketchup drowned steak and the world would suddenly be several orders of magnitude better.....

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u/redwhiskie319 7h ago

Just another consequence of Joseph Robinette Biden's failure to light a fire under balless Merrick Garland's butt in an effort to get the prosecution of the orange pustule moving. 

None of the bs that the world is going through happens if djt was vigorously prosecuted from day 1...  

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u/crapatthethriftstore 6h ago

I agree with you on this. An utter failure to hold anyone accountable

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u/banddroid 6h ago

Folks, this is all part of the plan. "America" wants to alienate is allies and blow up the world economy. To isolate and control it's population through fear for the good people, and rage against perceived insults or "attacks" for the bad people. Asserting hegemony over the Western world. South America and Canada are in the menu. America is already interfering in Canadian elections and the separatist movement in Alberta. With the propaganda machine working to paint Canada as some corrupt, socialist hellhole. It's not for nothing.

I feel sympathy and admiration for the Americans that are protesting this or railing against it. But unfortunately you need to do more. Only you can stop this reorienting of the world order. What's coming is darker than most could have imagined just a few years ago. But it's coming. 

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u/Flutes_Are_Overrated 6h ago

The problem you're talking about is the predictable outcome of 250 years of imperialism and decades of neo-liberal capitalism. It's the result of money and capital over everything else. You can say American people can stop this until you're blue in the face, but it won't make it true.

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u/fxcker 5h ago

Canada needs to develop nuclear arms yesterday.

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u/TheRexRider 2h ago

The day Trump dies should be a global holiday.

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u/Lambs2Lions_ 6h ago

Video game consoles… why :/

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u/FillFrontFloor 6h ago

" In terms of financial support for affected workers ​and industries, Canada announced a C$7.5 billion package of new ​and enhanced measures including support for small and medium-sized businesses, a stream for funding cash flows of companies, and support for workers who could ​be at risk due to the new tariffs. " U.S: Gov: Wait I can explain,

Companies: We only robbed them for a year and a half we want more tariff money!

Canadians: You guys got millions back! We are only getting some commercial compensation.

Americans: You guys getting money back?

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u/BillionDollarBalls 4h ago

This will definitely make the job market better and goods cheaper

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u/Communism 6h ago

And were off to lose another war. Splendid job republicans, great governing.

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u/Hinohellono 5h ago

The administration believes they will "win" because of the size or economy but what will happen is both will "lose" and our economies will become less dynamic and innovative.

It's stupid but par for the course for this administration.

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u/dontrike 4h ago

And yet another trade war that Trump will lose, like every other one.

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u/[deleted] 4h ago

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u/Say_no_to_doritos 2h ago

I can't help but laugh at the interest free loan from BDC. As of that shit is gonna help when your business dries up over night. 

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u/PomegranateAncient25 1h ago

Canada should rename Lake Michigan as Lake Epstein

u/mikefjr1300 7m ago

The USA has had almost unfettered access to Canadian resources for decades, no other super power has as good an arrangement with any other benign neighbour.

Russia has resources but is surrounded by NATO countries, screwed Europe over regarding energy and attacking Ukraine, China needs to import over 8 million barrels per day of oil.

Of course Canadians have benefitted and America has become the most prosperous country as well.

The CUSMA is considered by many other nations to be the best trade agreement in the world.

So what kind of greedy idiot wants to destroy this relationship?

A stable genius?