Trudeau decided to go ahead with retaliatory tariffs even though Trump’s order includes a mechanism to escalate the rates if Canada retaliates against the U.S.
Countries trade with the countries closest to them because the realities of logistics overpower politics or whatever ideals people might have. There are a few exceptions of course. Cuba doesn’t do a lot of trade with the countries closest to them. But they aren’t doing that well. The UK had an idea about diversifying their trade to be more about trade with non-european countries, but that didn’t go well either.
Geography is a bitch. You can’t physically move a country to another part of the globe, you have to deal with the countries near to you whether you like it or not.
You know what’s frustrating in all that? Is that our leaders won’t do jack shit to diversify the economy.
Nothing has changed much during COVID and nothing will change now.
People will suffer and nothing will change.
Countries trade with the countries closest to them because the realities of logistics overpower politics or whatever ideals people might have. There are a few exceptions of course. Cuba doesn’t do a lot of trade with the countries closest to them. But they aren’t doing that well. The UK had an idea about diversifying their trade to be more about trade with non-european countries, but that didn’t go well either.
Geography is a bitch. You can’t physically move a country to another part of the globe, you have to deal with the countries near to you whether you like it or not.