RE: LeoThread 2025-02-01 18:29
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Trump imposed 25% tariff to Mexico and #canada and 10% tariff on all imports from #china. Economic trade war begins after a week and half. #politics #recession. Canada will have to see and face #recession in the coming months.
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Canada will go through alot this coming months I guess
It will not be easy to go against the biggest economic power in the planet who happens to be your closest ally(?) as well
the whole situation is wild. A true shake up for the whole world. I really can’t imagine what the world will be like in a year. So many positives and so many negatives and most are hard to predict
The predictability of the economic order is as bad as the crypto prices of meme coins at this point :P
Yeah its gonna be rough. EU will soon face the same dilemma. But we can now also build other trade partnerships
The political order is rapidly changing in the face these sanctions. EU, Canada and other allies may have to strike a deal with countries that are not their major trading partners going forward.