Summary

Canada is preparing to retaliate against Donald Trump’s proposed 25% tariffs on Canadian imports, which could trigger the largest trade war between the nations in decades.

Prime Minister Justin Trudeau promised counter-tariffs worth $37 billion, with potential for further measures, depending on Trump’s final order.

Canadian officials warn the tariffs could harm both economies, disrupting key sectors like automotive, energy, and agriculture.

Labor leaders expressed concerns over job losses and urged collaboration. Canada hopes to avoid tariffs by highlighting their mutual economic impact to U.S. lawmakers.

  • prole@lemmy.blahaj.zone
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    3 hours ago

    LOL, gold… What year is it? If someone tried to give me gold for food in a global meltdown situation, I would tell them to fuck off.

    • holo@lemmy.wtf
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      1 hour ago

      Then you wouldn’t have anything but the rapidly depreciating asset known as food.

      • GreenKnight23@lemmy.world
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        38 minutes ago

        you’re not very pragmatic are you?

        gold only holds value so long as it’s accepted as an exchangeable currency. if nobody accepts it, then its value is zero…

        • holo@lemmy.wtf
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          30 minutes ago

          Gold holds a lot more value than that, being the only currency that doesn’t degrade or tarnish over time