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Trump's Import Tariffs Are To Combat a Non-Existing Problem \n \nThe import tariffs that US President Donald Trump has imposed on Mexico, Canada and China are meant to combat a non-existent problem, economics editor Jonathan Witteman recently analysed. Trump sees the structural trade deficit (the difference between the export and import of goods and services) that the United States has with almost all of its trading partners as a sign of weakness. Contrary to almost all political left-wing and also right-wing economists, he believes that a trade deficit is bad for a country's economy and believes that the US is being cheated by countries that export more to the US than they import. \n \n'I have said that the EU must make up for its enormous deficit with the US by purchasing our oil and gas on a large scale. If not, punitive tariffs will follow', Trump said last December, for example, about the trade balance between the US and the European Union. \n \nA connection between a bad economy and having a trade deficit cannot be found, political economy professor Andres Freytag concludes in the analysis. There are many countries in the world, such as Germany, with a trade surplus but a poorly performing economy. The opposite is more likely to be true: in countries with a trade surplus, more people are unemployed. This was shown by the Peterson Institute. \n \nTrump's tariffs are more dangerous for the economy, because they reduce imports and exports, partly because other countries in turn impose punitive tariffs in response. Trump's announced import tariffs during his first term even led to a larger trade deficit and to 7.2 billion dollars in welfare losses in the US.

Trump is far from a genius. Ukraine president doesn’t want to see his people suffer anymore from a ruthless piece of garbage that invaded his country. Trump and Vance were an embarrassment to our country, low life’s . Then afterwards one goes and plays golf and the other one goes skiing talk about wasteful gov spending and you people are worried about the money we give to our allies just think about how much we spend on security for Trump and his family and his cabinet at the end of the year it will astonishing. It’s not like we will see any of this money he supposedly is making from these deals only he will see it and his rich friends !!

I'm a born Canadian and i'm BAFFLED at how you would turn around and impose tariffs on your closest ally. Canada and the US had a relationship that was built on trust co-operation and trillions of dollars and it means nothing to their current president. I used to be a fan of Trump, but the recent situation with Zelensky along with the tariffs i can see more and more that having him back in office was a huge mistake. Trump obviously doesn't care about how the tariffs affect his country and his people because he responded by threatening to raise the tariffs in retaliation to Canada's response.

People will see just how connected the 3 countries are.

We like the Canadian People........GFY Trudeau........most of us would just as soon see you dead.........

I see that Meloni Joli is wearing her military combat outfit! Is she the 'increase in defense spending' that you promised to Trump. Trudeau is going to give us all a 'reach around'! Now Trudeau has given a sole source contract of 40 Billion to the Quebec company SNC Lavalin to build new high speed train between Toronto and Montreal! That money should have gone right to Defense spending. Meanwhile there is not even bus service between Calgary and Edmonton, two Alberta cities with a combine population of more than 3 million people.

Flip the switch off & see millions of people without power put pressure on Trump.

To the world a warning...president trumpet Trump will have his Knight of the long knifes and Canada and Mexico are just the beginning,,trust me on this you just wait and see people.

Americans deserve this, Kamala would've been the right person but these people can't see a Women as President and many didn't vote for her because of her colour bullshit..

Thank you to all the sensible Americans and to all the people in the world who see how incredibly counterproductive this really is, thank you!

Pm Trudeau if you see this, know that there is no winning against our clown ? president. You already lost the moment you started caring about how this will affect the people. Because this president doesn’t care about his actions affect the low income families. He already fired federal employees and shut down aid programs all this to have money to back his plans.

Trump is the worst. How can everyone not see this. Are people really that stupid? I guess so, but his supporters stupidity shouldn’t be at the expense of the rest of us.

As an American, I hate this administration and I feared this all coming. I don’t want to be here, and I fought and voted against this in every way I could. After this horrendous week, the only solution I can see moving forward is to leave the country I once considered home.\n\nThank you for speaking the truth. The majority of the American people don’t want this, and the few who think they do aren’t understanding the reality of what’s happening.

As an American, I stand 1 million percent with the Canadian people and their government. It's a bummer as our Toronto area Canadian extended family has cancelled their visits to see us. However, we're going to arrange to visit them and meet just over the border in Sarnia this year instead. Win for Canadian tourism loss for US and Michigan.

Trump doesn’t care about facts. \nI stand with Canada, Ukraine, Greenland, Mexico and Panama (where I live). \nTrump IS a Russian asset. \nWe are seeing it play out in real time, so fast, that some people can’t even see it. \n#TraitorTrump

TRUMP DID THIS. People need to remember that this was TRUMP's decision when they see prices sky rocket and people start losing their jobs. The guy is literally betraying our allies, siding with dictators and starting a self imposed crash to allow his friends to buy up businesses for pennies on the dollar. NEVER FORGET THIS. HE NEEDS TO BE IMPEACHED!! HE'S A TRAITOR AND A LIAR AND HE's RUINING OUR COUNTRY!

A bunch of fools that don’t see the big picture in these comments….either that or just a bunch of far left fear mongers. Wake up people, the liberals are not your friends, they want to get rich and keep you dependent upon them for your wants and needs.

Inflation is to the roof, Make food and housing affordable, please people just help impeach him, he is golfing while the american people are struggling everyday.... He is just trying to pass stupid laws that keep getting blocked by courts, Come on Trump supporters try helping fix it by calling your local office and impeach him, I bet anyone else is better than Trump, we know the country needs changes but we are still the biggest economy of the world the richest country, Why do we have to feel like is normal not to have affordable food and housing?? The basics of life... All the immigrants are gone, They even left by their own will, and Some Americans left to other countries, Mexico, Europe, Asia..... What do you guys want?? Having an empty country once was the biggest economy of the world?? Is just crazy even a blind person can see he is destroying the whole country..... He is not even a good business person we all know he didn't payed taxes, he went bankrupt so many times he knows how to scam people, Saying the USA government doesn't work because he feels like it, Just travel people so you can see the difference between usa government and other governments around the world........

Us people who voted for trump will see what they have done

Most American People stand with Canada...they are not fools and see the truth.

A.H. in 1939, D.J. Trump in 2025 : different century, same objective, same behaviour, same ideology : fascism. People from the World, prepare yourself for WW3.......and I am unfortunately not kidding and disagree with that idea, but I do not see any other exit to Trump's madness or, should I say, objective...Trump voters, you choose this fate, you'll pay the price of it as every human being on Earth; don't think you'll be spared because you voted for that psychopath. He will not protect you from a nuclear war.

As a Canadian, I am proud of our leadership on the tariffs. We are polite people, but we refuse to be bullied. How can Trump treat our country this way when he cozied up to dictators? Well, my siblings who are Americans won't see me for awhile. I have to stand with my country. Proud to be Canadian. We as a country are united against tyrannical behavior.

One of my favorite TV shows was border patrol Canada and I used to see how even Americans couldn't come across your border with something as small as a DUI on their record how did all of these Indians get into your country and people that cost into ours

as a Canadian, all I can say is Trump has galvanized our nation not to take up arms, but not to ever capitulate to a bully. But I especially appreciate seeing all the people from around the world are standing with us, and that also includes americans that are equally upset by their president’s behavior.

Stop JT. You have no right to speak to the US people. You can't even talk to Canadians who disagree with you. You could have avoided this, but you'd rather see terrorists, fentanyl and sex trafficking continue in Canada.

Its insane to see the amount of people that are being manipulated by politicians only in it for personal gain. Why don't you all take a moment to go google Zelenskys home. Look at it before U.S. aid and after. Oh, wait. I forgot that as soon as that story aired, it was immediately removed from search results the same day. Or the luxury carpets that they spent millions on. So, please enlighten me as to why 2 million dollars worth of carpets are necessary during a war? By the way, that was taken from search results as well. Maybe its because democratic parties have influence over 90% of what we, as americans, use on a daily basis to gather information. I am really not on either side, but isn't the guy speaking here the one that literally resigned like 2 months ago? Everyone is so desperate to hear what they want that they are running right back into this dudes arms.

Incidentally we the American people voted for our fearless leader that's what we want and we're so thankful we don't have anyone like you we already had people like you we booted them out in your next and I hope your people see the truth and I hope that they are freed like we are have a great day and be blessed

Trump is a dictator and the sooner people realize it the more swiftly we can deal with it. If somebody doesn’t reach in and stop him it will become too late. His hope is to partner up with Putin and have the two countries work harmoniously. Imagine that Russia/USA almost has a ring to it. Trump is too stupid to know what he’s doing is going to result in his own demise. We can all see it coming I just hope somebody has enough balls to stop him

Trump is a dictator and the sooner people realize it the more swiftly we can deal with it. If somebody doesn’t reach in and stop him it will become too late. His hope is to partner up with Putin and have the two countries work harmoniously. Imagine that Russia/USA almost has a ring to it. Trump is too stupid to know what he’s doing is going to result in his own demise. We can all see it coming I just hope somebody has enough balls to stop him

As an American I Understand and Respect your Decisions. You must Protect your Country and its People. At this time this Administration under America's Care. Cannot be Trusted! It has been laid bare for the Whole World to See? Donald Trump is in some way Beholding to Putin. Why else would He Cowar to a War Criminal over Working with Friends in Democracy ? It appears that this Administration under Donald Trump is working with and siding with a War Criminal with Criminal Intentions to Divide up The Spoils of the World after they do Everything to Destroy it.\nStand Strong Canada You are The Better of The World. Stand up for Right ,for Truths and for Democracy. We are all Depending on You now.\n??❤️

It takes the PM of Canada to explain to the American people, in very clear and concise terms, the cost of having elected Trump. I've yet to see anything even close from any of our elected Democrats. But maybe, it has to come from someone outside, without the political baggage, even if we did have a strong, articulate political opposition to the Trump and the feckless GOP.

US will crush it, they need us way more than we need them. I would live in a ditch and eat grass just to see this smarmy grifter go down. They obviously don't understand how sick of these people we are.

Trump , vance and Musk , are not very smart , \nby open trade wars , only the people get hurt on both sides , \nand if USA go after europ then usa will loose even more , \nUsa need us as much as we need them , and Trump \nshould start thinking , becosue americans are loosing power as well \nmust of in europe dont see USA as western leadership anymore , \nthat eneded when people of USA was stupid enough to vote for trump and \nvance , we warned USA people this would happent and still they voted trump \nand now you want us to stand with you ,,,, honestly we have a saying that goes like this \nyou gonna lay in the bed you made , and if you complain about you better redue you bed ! \nSo RNC votes , do you feel the pain the trump a, vance and musk are doing to you , \nif you do then time to remove the idiots from power ! \nand btw , you should rename RNC to RNCC ( Real Northamerica Criminal Consortium)

You never know what is going on behind the curtains! \nMaybe this is all set up by Trump and Trudeau to bring him up again because people started to hate Justin Trudeau! \nJust like the way Trump hired someone to shoot him to his ear to push people to feel bad for him, love and respect him and vote for him after that!!! And... Unfortunately it worked perfectly !\nLet's see what will happen to Justin Trudeau after all of these go away and everything goes back to normal again \nI really don't see any signs of stress on Justin Trudeau's face and skin at all. \nHe is fresh, shiny and happy inside. \nDo you remember his appearance during the pandemic?

This administration hasnt got the faintest idea with what theyre doing with our relationships with these countries. This trade war, i hope these countries will see it as only as a temporary setback that only reflects the currernt administration decisions and not us the people. Whoever comes into office next has a lot of cleaning up to do

See how they help they people, over here they take from us

Thank you Mr. Trudeau. Wish we had politicians of your caliber. And do what you have to do to help our people see how bad Trump and his ilk are for the US, the rest of us will be ready to heal our friendship when we can get rid of him.

As a Canadian I stand proudly on guard for my amazing sovereign country ❤ ?? ❤\nWe must protect ourselves from this extremely old, dumb Liar ,bully. Puppet Master want to be dictator, convicted felon, sexual predator and supporter of the war criminal killer, lying and bully Putin and Russia. \n\nI see what's happening to the American people, your constitution and bill of Rights because of trumps and his bunch of thugs administration and this will hurt both Canadian's and every single American, the United States is in great danger because of this deranged very old orange child bully who is in love with dictators. Youre country has been in decline and no longer the great coountry that the United States were. Believe me trump cares nothing for the American people. God bless you as both our countries, Mexico, and all countries are being hurt by trump/ Vance administration. As they support the dictator \nPutin the war criminal and lying bully.\nTrump / Vance are not Peace MAKERS and the war criminal and brutal dictator putin will never stop the war.\nThe world is that much closer to world war 3 because of trump bromance with putin.

Little Trump is not a president nor is he a businessman. He’s a scared little rat a draft dodger and think America if he was afraid to fight in the war then what makes us think that he would protect us now he’s a scared rat. He’s afraid of his own shadow. The family kids and the grandchildren are the ones that are going to feel the damage he will do to this country in four years. I feel so sorry for our men and women in the military now and our veterans are taking a pounding very sad . He’s only doing it to benefit for his own greed. Very sad human being. He’s miserable he’s depressed. You can see it in his face. He was a piece of shit to the American people before he ever even thought of being a president he owes contractors millions of dollars through his life no wonder he has a bull’s-eye on his back and they say he can’t sleep at night well, I wonder why he fucked the American people and he will keep fucking American people nobody will stop him He will keep fucking us until he’s done. And after all that damage that he will do to this country, in the four years it will be so damaged. It will never heal.

Who do you think gets all the money from the tariffs?? Trump and Elon.. Down their pockets.. At the expense of the American people.. I'm from Denmark, and I hope America will see things clearly.. And what is happening now, is absolutely insane..

We (Americans) don’t want this either. Musk and trump are illogically running rampant. We (a good portion of us) want them gone, this was clearly a mistake on us that voted (or didn’t vote). We know trump and musk are liars, ignorant, and corrupt. We as a people have to figure out how to get this nonsense out. And for the record no I’m not a liberal and no I’m not a conservative. I see the pros and cons of both sides and both sides have beliefs I agree with and some I don’t.

U S companies whose CEOs have supported Trump are going to see a huge increase of people boycotting their products.

Not only is Canada united in solidarity against Trump and his trade war, I think that we are seeing right here that Americans, Europeans, and people from every continent, also have a sense of unity and solidarity with us and Mexico and against the bully and dictator who currently is squatting in the White House. \nOrganise. \nMobilise. \nResist.

This is how a leader should speak. He speaks with sincerity and with clarity. He doesnt speak broadly just to an entire audience. He speaks to each group of people that this is concerning to, and making sure we understand the magnitude of this situation. He adjusts how he speak to each group, and also to our sad president. Thats the vibe of the message he was giving me. Many different types of languages and emotions are spoken at the same time.\n\nI love our country, but I do not agree with how our currents presidents policies, changes, and tear down of our government/agencies in just 2 months. I cant imagine the months to come. People are already struggling, and are divided so much more that Americans are not siding with each other, but siding with Canada and Mexico who have been so patient and understanding with us. We need to stand up against our president to stop this isolation and division. We are already divided in our country. I can't stand to see we are starting to be divided globally. This will litterally shrink our economy and our opportunities. Not only that, it puts our national security in peril. We need to do better to work together in harmony.

Yup we( some of us) bought this S88t story of nationalist glory and thank god the Canada and the world sees and is standing up to this right wing nut circus. We the people of America have to fix this like a cancer it won't be easy and it won't be without pain to go around but just as we found in WWII and since we can not allow this type of depictive type of government to get a foothold. Stand tough hold yourselves above this mess so you can help us when we have worked through this.

Im really suprised you people cant see, Putin is blackmailing Trump because he has plenty of evidence against him. Sexual deviance and other illegal actions. open your eyes

America will no longer carry others, you got high tariffs on America, we put high tariffs on you, turn about is fair play. We voted for Trump to do EXACTLY what's he's doing, this is why everyone is barking now, America has been carrying so many countries for so long, that everyone has forgotten, no longer though. As far as Russia goes, Ukraine is a cash cow money laundering country with a dictator, Russia is not the enemy here, it's you Globalists and Davos clowns that think you can influence the whole world like we are in the matrix, the cat is out of the bag, people are waking up, zelinski chose his fate, and disrespected the U.S. Trump put him in his place. Alot of you are so lost on global politics, all you professed military people saying Putin is the enemy just really shows how little you know. So go ahead Canada and act tough..........you know we carry your country, we don't need your power, our grid is strong, or products etc, the next thing will be car manufacturing plants coming back to America, from Canada and Mexico, where they should be. Let's see how long that tough talk pays Canadas bills ??????????

Canada is a friend and ally of no one. You bring all kinds of invaders into your country and we all see the way that you treat your people. You are a dictator. You have been taking advantage of America for decades. It's time this stops.

Then close ur boarders to criminals bringing in fentanyl. And to the fake Americans who don’t support America go to Canada and live. And for the record u will all see how bad zelensky is he could have stoped the war by agreeing not to try to join nato. And can’t account for millions of dollars. And was warnd the meeting was just about the mineral deal because if we put troops in Ukraine Putin who is still very dangerous will see it as a act of war. And he said he will protect American intrust in Ukraine basically saying if Putin breaks a peace deal we will be there to help respond. But zelensky took the moment with the media to pressure trump into saying we will put troops there which could start ww3. And if u trust Canada over the US ur an idiot. This guy doesn’t care about his own country. Look at the First Nation people. And how migrants get more then the people who have been there for generations. And people and fentanyl is still coming in.

Trudeau will be remembered as the traitor who divided the country beyond repair , is not the peoples fault . Now try to gather an army with your woke followers and see how much there willing to sacrifice to defend overtaxation , government overreach and censorship .