Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Here's When Canada Will Cave on Trump's Tariffs
PJ Media ^ | 04/05/2025 | Matt Margolis

Posted on 04/05/2025 6:29:30 PM PDT by SeekAndFind

I have no doubt that Canada will cave to Trump on tariffs. The question is: when? “Shark Tank” star Kevin O’Leary expressed confidence that the ongoing trade tension between Canada and the U.S. would eventually lead to a resolution, and he even predicted when.

In an interview with Yahoo Finance, O’Leary said he believes that while the current rhetoric surrounding tariffs might appear grim, there is a strong economic incentive for both nations to come to the negotiating table and reduce the barriers that have caused friction in recent years.

O’Leary emphasized the importance of distinguishing between the “noise” of political rhetoric and the underlying “signal” that points toward economic cooperation. While current tensions have made it seem nearly impossible for the two nations to agree on trade policies, O’Leary argued that a combined economic effort between the U.S. and Canada could pose a significant challenge to China. “If you combine those economies… it would be much stronger against China if there were no tariffs between Canada and the United States,” he said.

The logic behind this argument lies in the historical and economic interdependence of the two countries. According to O’Leary, Canada’s economy has been deeply tied to the U.S. for over a century, with 75% of Canada’s output sold to the U.S. for more than 120 years. Furthermore, 17 U.S. states consider Canada their top trading partner, while 28 states rank Canada as their second-largest partner. “It would be economic suicide not to work this out,” O’Leary stated, underscoring the critical importance of a favorable trade agreement for both nations.

O’Leary predicted that Canada will wait until after Canada’s upcoming election, which is set to take place in about five weeks, before caving to Trump on tariffs. Until then, he sees no substantive progress taking place.

(Excerpt) Read more at pjmedia.com ...


TOPICS: Business/Economy; Canada; Foreign Affairs; News/Current Events
KEYWORDS: canada; tariffs
"Mr. Wonderful" speculated that the next leader of Canada will quickly prioritize resolving trade issues with the U.S. “That person will fly to Washington immediately and start negotiations, which I would call NAFTA III,” O’Leary remarked, referring to the possibility of a new trade deal similar to the USMCA (formerly NAFTA) that would replace the existing tariff policies.
1 posted on 04/05/2025 6:29:30 PM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

First they laugh at you, then they call you a Nazi, then they declare war on you, then they shut up and do as they are told.

Apologies to Mahatma Ghandi.


2 posted on 04/05/2025 6:31:09 PM PDT by E. Pluribus Unum (Democrats are the Party of anger, hate and violence.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Whenever possible, I offer some edumacation to those that will listen. Loooong before President Trump’s first term, Canada had 200-300% tariffs on USA poultry, dairy, etc.


3 posted on 04/05/2025 6:38:45 PM PDT by Ronaldus Magnus III (Do, or do not, there is no try)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

As the late Canadian songwriter Leonard Cohen wrote in the song
Everybody Knows.

Everybody knows the fight was fixed
The poor stay poor, the rich get rich.

Everybody’s talking to their pockets
Everybody wants a box of chocolates
And a long-stem rose.

And everybody knows that it’s now or never
Everybody knows that it’s me or you
And everybody knows that you live forever
Ah, when you’ve done a line or two.

Everybody knows the scene is dead
But there’s gonna be a meter on your bed
That will disclose
What everybody knows.


4 posted on 04/05/2025 6:40:07 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Screw Canada. Let’s crush them economically. They jump the boarder to shop, buy gas …. I say shut the northern border down. The live off the crumbs of America. Screw them, shut them down, refuse their shopping in the USA. 90% of Canadians live within 50 miles of the boarder for a reason.


5 posted on 04/05/2025 6:48:28 PM PDT by wgmalabama (For rent —)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Port Huron...
The canidiots come over the Blue Water Bridge in their motor homes, fill up their 200 gallon gas tanks, shop at the many malls and shopping centers and then go back home loaded up...
Not many Americans going into Canuckland


6 posted on 04/05/2025 6:59:32 PM PDT by joe fonebone (And the people said NO!! The end.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Kudos to President Trump who understands the nature of international trade and how to apply America’s overarching financial leverage to make his point.
He is not looking to disadvantage our trading partners (except, perhaps, China) but would rather see equitable tariffs that treat each country fairly.


7 posted on 04/05/2025 7:39:44 PM PDT by O6ret
[ Post Reply | Private Reply | To 1 | View Replies]

To: joe fonebone

>>Not many Americans going into Canuckland

Used to adore going to Quebec City and Montreal. Put a computer conference into Montreal decades ago. When I got into genealogy, turns out my ancestors came from there before 1600. Breaks my heart that they’ve turned into a place so infested by liberal doctrine that I don’t want to go back.


8 posted on 04/05/2025 7:47:17 PM PDT by mairdie
[ Post Reply | Private Reply | To 6 | View Replies]

To: SeekAndFind

Re: Greenland- leave it to Donald Trump. He instinctively knows how to do these things.


9 posted on 04/06/2025 5:43:43 AM PDT by arthurus (covfefe dujk)
[ Post Reply | Private Reply | To 1 | View Replies]

To: arthurus

You’re right, he alerts on a neglected unbuilt lot with great location ³.


10 posted on 04/06/2025 7:18:32 AM PDT by takebackaustin
[ Post Reply | Private Reply | To 9 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson