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If "70% of Canadian exports are to the US", that's probably why the US has so much leverage, and I can see why the Canadian government would like a change. Henc
by invaliduser 20d ago
If "70% of Canadian exports are to the US", that's probably why the US has so much leverage, and I can see why the Canadian government would like a change.
Hence the need for a rebalancing of trade partnerships.
- arethuza 20d agoWouldn't being strongly aligned with the EU give Canada a lot more leverage in trade discussions with the US?
- gizajob 20d agoNo
- microtonal 20d agoImagine they were in the EU. The EU could leverage the trade bazooka in the current tariff war. Even if Canada doesn't join the EU, there is a lot of mutual benefit from an economic and military defense pact (beyond NATO, which is nearly dead).
- gizajob 20d agoI’m not sure what the EU has to trade, except Volkswagens and BMWs which are 10% car and 90% pension costs.
- microtonal 20d agoYou know that the EU has a large trade surplus of goods with the US?
- ericmay 20d agoRight… so why do you think the US imposed tariffs? Germany is already seeing gigantic problems via declining exports because of China. Are they going to stop exports to the United States too? The EU can’t add any more “trade bazooka” than it already has. Canada doesn’t change anything in that dynamic.
- mcv 20d agoI'd like to take a closer look at what exactly Canada is exporting to the US, and what exactly the EU is importing from elsewhere, to see if there's a match. I'd rather buy from Canada than from Russia. Or China. Or the US.
- microtonal 20d agoI bought a dbrand case from Canada last week. Even the packaging is funnier (in a comical way) than US products. Sorry, my brain is fried by a cold :).
- enoint 20d agoThe important categories are oil and potash. Consumer actions might not influence those much.
- mcv 20d agoHow much oil is Europe still importing from Russia? I'd rather have Canadian.
- enoint 20d agoI’m sure China would, too. I wonder what’s harder: diverting that oil to the northwest passage, or diverting Persian Gulf oil around the strait of Hormuz?
- WarmWash 20d agoYou know how despite climate change being very real, in day to day discussions with other level headed people, they still very regularly say stuff like "We ran the numbers for an EV, and right now gas is still cheaper, so we are holding off on the switch until it makes financial sense" Canadian oil would need to be shipped halfway around the world. It would be more expensive. Price is always the top factor for everyone.
- mcv 20d agoFair point. What we really need of course is more renewables, and that is happening, but not fast enough, so we still need oil. And I'd rather get our oil in a way that doesn't fuel the Russian war machine, even if it does cost a bit more.