Full Comment The reason Trump plans to crush Canada that our politicians just don’t get
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Jan 27, 2025 Ian Lee, a Carleton University economics professor, and Carlo Dade, a trade researcher at the Canada West Foundation, unpack the America First movement's real agenda. They highlight how Trump's tariffs are just the tip of the iceberg, aimed at a complete economic overhaul. The duo critiques Canadian politicians for their obliviousness to these threats, emphasizing the urgency for Canada to rethink its trade strategies. They reveal that U.S. policymakers aren't deterred by increased import prices, spotlighting the looming economic risks that Canadians need to face head-on.
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Trump's View on Global Economy
- Trump views the post-WWII global economic architecture as a failure.
- He seeks a complete redesign of this system.
Trump's Broader Threat
- Trump's economic threat to Canada extends beyond tariffs.
- He aims to overhaul the global economic system, starting with Canada.
Nixon's Tariff
- In 1971, Nixon imposed a 10% tariff on all US imports.
- This mirrors Trump's current rhetoric and strategy.
