Comment on The Impact of 25% Tariffs on Canadian GDPparentComments−stonesthrowaway1yWhenever people talk about tariffs on Canadian goods I just remind them of the last time that happened.You forget to mention that canada initially refused to renegotiate NAFTA as Trump demanded. But Canada ultimately did renegotiate NAFTA...Also, canada is a tiny economy relative to the US. A genuine tariff war between the US and Canada wouldn't end so well for canada.−Marsymars1yAlso, canada is a tiny economy relative to the US. A genuine tariff war between the US and Canada wouldn't end so well for canada.It's worse for Canada because we export relatively more, not because the economy is comparatively smaller.
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You forget to mention that canada initially refused to renegotiate NAFTA as Trump demanded. But Canada ultimately did renegotiate NAFTA...
Also, canada is a tiny economy relative to the US. A genuine tariff war between the US and Canada wouldn't end so well for canada.
It's worse for Canada because we export relatively more, not because the economy is comparatively smaller.