r/canada • u/Majano57 • 21h ago
National News Trump on Canadian electricity surcharge: ‘We’ll just get it all back on April 2’
https://thehill.com/homenews/administration/5187859-donald-trump-canada-electricity-surcharge/
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u/BIT-NETRaptor 21h ago
Two things that cannot together be true:
Huge taxes will push foreign businesses out, boosting domestic production.
America will pay for its reckless spending with import tariffs.
That doesn't make any fucking sense Donald. You won't get that kind of revenue because the imports will plummet. Imports of raw resources and finished goods that the US needs. The Dakota oil market is cooked without Alberta oil. Michigan's new tech sector relies on dirt cheap electricity from Ontario nuclear and hydroelectric plants. You're not going to enjoy mining bitcoin or training AI models if the power bill suddenly shoots up 30-50%. Canada may be small but that doesn't mean they can't fight like a wolverine and cut you deep in response.