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Canada Holds the Cards (Read 71 times)
Muriel
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Canada Holds the Cards
Today at 8:33am
 
Canada holds the cards in this trade war with Trump, and here is why America cannot win it.
Trump picked a fight with the one country that supplies what the United States cannot replace. Canadian crude is 73 percent of what Midwest refineries run. Those refineries were built for heavy Canadian oil and they cannot switch. Cut the supply and American gas prices go up.
About 80 percent of American potash comes from Canada. Potash is fertilizer. There is no domestic replacement at that scale, so American farmers grow less and pay more.
Canada supplies roughly 60 percent of the aluminum Americans use. The United States produces 675,000 tonnes a year and burns through 4 million.
Then there is the water. Every ship moving between Lake Erie and Lake Ontario passes through the eight locks of the Welland Canal. All eight are Canadian. Nothing moves without them.
Trump says America does not need Canada. The evidence says otherwise. The United States has the larger economy for now, but Canada controls the inputs and the locks. Americans will pay at the gas pump, at the hardware store, on the farm, and at the factory gate.

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Frank
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Re: Canada Holds the Cards
Reply #1 - Today at 1:04pm
 
Roughly 70% of Canadian goods exports go to the United States.
The U.S. economy is more than ten times larger than Canada's economy. Losing free or easy access to the American market would cause severe economic hardship in Canada.
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Estragon: I can’t go on like this.
Vladimir: That’s what you think.
 
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Jasin
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Re: Canada Holds the Cards
Reply #2 - Today at 1:06pm
 
Canada's Lefty PM would rather serve the interests of the EU, than Great Britain and the Commonwealth
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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thegreatdivide
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Re: Canada Holds the Cards
Reply #3 - Today at 1:15pm
 
Frank wrote Today at 1:04pm:
Roughly 70% of Canadian goods exports go to the United States.
The U.S. economy is more than ten times larger than Canada's economy. Losing free or easy access to the American market would cause severe economic hardship in Canada.


Canada would be better off joining the USA - but Canadians are aghast at the failure of US politicians to deliver universal essential services like healthcare, which is why the US itself is politically divided. 
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lee
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Re: Canada Holds the Cards
Reply #4 - Today at 1:46pm
 
thegreatdivide wrote Today at 1:15pm:
Canada would be better off joining the USA - but Canadians are aghast at the failure of US politicians to deliver universal essential services like healthcare, which is why the US itself is politically divided. 


You mean Canadians are not aghast at their own Government's failure?

From AI: "Canada's publicly funded health-care system faces systemic failures including long wait times, emergency room overcrowding, and a shortage of family doctors, which strain access and patient outcomes."
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Jasin
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Re: Canada Holds the Cards
Reply #5 - Today at 2:08pm
 
To think, before the Lefties got into Canada.
The Canadian Health system was highly regarded.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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