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Trump has messed up the world.
Manage episode 469690021 series 3586207
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Trump has imposed 25% tariffs on products entering the US from Canada and Mexico and has increased a levy on goods coming from China.
People in the States will be paying for a Higher price on everything and when you lose the power in most States don't blame Canada blame your loser of The States.
The United States relies on Canada for a significant amount of its trade, energy, and investment. Trade
- In 2023, the U.S. and Canada had nearly $3.6 billion in daily trade.
- Canada was the top destination for U.S. exports and the third-largest source of U.S. imports in 2024.
- Canada is the largest foreign supplier of energy to the U.S.
- The U.S. is the largest investor in Canada.
- Canada was the largest source of foreign direct investment (FDI) in the U.S. at the end of 2023.
- Canadian crude oil is a key supplier to U.S. refining, particularly in the mid-West.
- Ontario supplies electricity to 1.5 million U.S. homes.
- Canada is a major exporter of power to Michigan, Minnesota, and New York.
- The U.S. and Canada work together to reduce emissions and enhance resilience to climate impacts.
- They also cooperate to increase innovation and deployment of technologies to reduce emissions.
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