First of all, I don’t think Donald Trump is that dumb: I predict, if there’s no deal with Canada before Wednesday’s “deadline”, the US President will extend the date for his threatened new tariffs on Canada.
BUT, since the Mad Hatter indeed seems to be mad, in every definition of the word, Canada must be prepared to strike back!
Three times Prime Minister Mark Carney has previously dropped retaliatory Canadian moves (on consumer goods, digital media, the Gordie Howe funding agreement) … and it got Canada NOTHING in return: US tariffs on Canadian products remained.
Enough is enough!
Canadians are a peaceful people; most of us still like most of our American neighbours; yearn for a return to the days when the US was a friend, partner and ally … but at some point, if ANY foreign leader hurls insults at our country, demeans its sovereignty and imposes crippling 50% tariffs on $30 Billion of our exports … Canada MUST hit back.
And Carney seems to agree.
Not by imposing a larger export tax on Canadian oil, natural gas or electricity heading south … but on US exports heading north.
US government figures show Canadians bought $336 Billion worth of US goods in 2025 and $89 Billion in US services; Canada is the top customer for 34 US states; and 1.4 Million US jobs depend on Canadian trade.
A report prepared for the Canadian American Business Council estimates that if the Canada US Mexico (CUSMA) trade agreement ends, 214,000 American and 102,000 Canadian jobs would be lost.
“The impacts also extend beyond jobs. According to the report’s estimates, the breakdown scenario would impact the GDP of both countries, costing the U.S. economy $1.04 trillion US and costing Canada $271 billion Cdn by 2035,” the CBC reported last week. (You can see the full report here: https://www.cbc.ca/news/business/trade-renegotiation-impact-report-9.7303374.
Imposing the 50% tariff on Canada would hurt Canadian exporters, but ALSO impact the US economy TERRIBLY … just before the US midterms … so that’s why I believe Trump will back off.
But knowing the Mad Hatter, the PM did ask Canada’s Premiers recently for private recommendations on US products to hit IF Trump carries out his threat.
Bravo!
Canada MUST act … even if tariffs imposed on Canada-bound US products make them more costly north of the border. (Hopefully, their suggestions highlight products (foods, goods) also available here from friendlier and competitive non-tariffed countries.)
For Canada to do NOTHING would only encourage Trump to bully us even more.
As BC Premier David Eby noted this week, US tariffs on Canadian lumber alone already approach 45% … HIGHER than the US charges on lumber imports from Europe or even Russia!
“The softwood lumber sector is bigger than auto parts and steel combined in terms of the Canadian economy and it needs to be front and center at the table,” Eby said Friday.
And I agree with him that not a drop of US alcoholic products should be restored on BC (or Canadian) store shelves until the lumber dispute is settled. Steel, aluminum, auto trade, energy too.
Canadians do NOT want a trade war with the US.
Let’s hope a new fair trade deal is soon agreed to, but, as Carney has said, no deal is better than a bad deal.
And if Trump goes ahead with another attack … this time, Canada MUST fight back!
Harv Oberfeld
🇨🇦🇨🇦Check the labels! BUY CANADIAN!🇨🇦🇨🇦
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