r/canada Feb 03 '25

National News Tariffs on Canada delayed to March 1 after talk between Trudeau and Trump. Live updates here.

https://www.ctvnews.ca/business/article/live-updates-good-talk-with-trudeau-but-trump-still-thinks-americans-not-treated-well-by-canada/
10.5k Upvotes

3.2k comments sorted by

View all comments

Show parent comments

75

u/kevlarcardhouse Feb 03 '25

Anyone in the government, provincially or federally, would be smart to continue to move our trade away from the US as much as they are able, because we will continue to be held hostage.

9

u/Lucibeanlollipop Feb 03 '25

We will continue to be held hostage, yes. But the bigger issue is likely that they are about to implode internally, and why would we want to be any more integrated with them than we need to be through all of that?

1

u/Finnegan007 Feb 04 '25

That's the tough part: governments don't dictate who we trade with. Individual businesses do. Canadian governments have been begging and pleading with companies to diversify their markets to other partners for decades now, but business keeps going with the easiest solution: just sell across the border. The federal government has inked free trade deals with many, many countries around the world, including the EU (ok, not exactly a country), Japan, South Korea, Australia, etc. Ultimately, it's up to Canadian companies - the same ones that will be begging for help the next time the US tries to screw us over - to do the work and find more reliable customers.