this post was submitted on 04 Mar 2025
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Trump's tariffs roil U.S. markets. And that's the reaction that matters (www.cbc.ca)
submitted 7 hours ago by HellsBelle@sh.itjust.works to c/canada@lemmy.ca
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Canada can huff, and puff, but if anything's going to blow down Donald Trump's house of tariffs it's going to be the reaction within the United States.

And there are signs of pushback.

The stock market is turning, economic sentiment is nosediving, the U.S. president's approval is receding, and American lawyers are preparing lawsuits.

Those factors will likely pack more punch in Washington than the $155 billion in counter-tariffs threatened by Canada. To put this number in perspective, it's a fraction of what American stock markets lost Monday.

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[–] OldTellus@lemmy.ca 19 points 6 hours ago

I agree. The only ones who are going to stop this madness is the Americans themselves. The counter- tariffs are necessary as a measured reaponse. But its the americans that are going to be the ones who have to grow up and stop this shit.