• overcooked_sap@lemmy.ca
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    4 hours ago

    Canada’s total exports are about 35% of total GDP. So that puts US exports at somewhere around 24% of GDP. Pretty high but then if we exclude oil and gas and potash exports it’s a much, much smaller number. So small in fact that we would probably replace those exports within 12 months.

    I wonder if anyone else other than the US wants some oil, natural gas, or potash? And yes I know we currently lack pipeline capacity but at this point I’d be willing to let the government finance it all to move oil and gas to the east coast.

    I really think Americans over played their hand.

    • sloppychops@lemmy.ca
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      27 minutes ago

      You’re not alone! It looks like investors also think they overplayed their hand, judging by the reaction of the markets. Terrible combination of Trumps silky smooth brain and US exceptionalism.

      Also, not the first time I’ve seen the 40% GDP figure make an appearance. Must be doing its rounds on US propaganda networks.