Summary

Ontario Premier Doug Ford warned that Canada could cut off energy exports to the U.S. if Donald Trump imposes a proposed 25% tariff on Canadian goods.

Ford emphasized that 60% of U.S. crude oil imports and 85% of electricity imports come from Canada, highlighting the potential impact.

Canadian leaders, including Prime Minister Justin Trudeau, criticized the tariffs as harmful to both economies, while Deputy PM Chrystia Freeland suggested broader retaliatory measures.

The dispute raises concerns over trade relations and escalating economic uncertainty for both nations.

  • givesomefucks@lemmy.world
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    1 month ago

    Ford emphasized that 60% of U.S. crude oil imports and 85% of electricity imports come from Canada, highlighting the potential impact.

    The thing is we had record breaking production under trump, again under Biden, and most likely will break records again with trump.

    Countries play this shell game where they import/export the same product to maximize tax incentives, which just means using fossil fuels to ship fossil fuels all over, or environmentally destructive pipelines.

    We export about 125,000,000 barrels of crude a month, and import about 120,000,000 barrels of crude from Canada a month…

    What the actual fuck is the point?

    https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrexus1&f=m

    https://www.eia.gov/todayinenergy/detail.php?id=63564&os=0

  • harrys_balzac@lemmy.dbzer0.com
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    1 month ago

    As an American, please do follow through on these threats.

    I wasn’t an accelerationist but the election in November has changed my mind.

    The US as it is now can’t be saved. Between the voter apathy and legally corrupted federal government, there’s no chance for reform without external pressure.

    Of course, H5N1 and or Mpox might assist as well.