Summary

In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.

The remark elicited gasps from the audience.

Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.

He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.

Economists warn such tariffs would raise prices for U.S. consumers.

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[–] humanspiral@lemmy.ca 17 points 9 hours ago (1 children)

There is no actual fentanyl or immigration basis for tariffs on Canada. Just submit to less representation than California, and help absorb large US debt with little in return for it.

[–] Grapho@lemmy.ml 8 points 5 hours ago

There's no basis for tariffs on Mexico either.