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RE: LeoThread 2025-03-09 13:27

in LeoFinance7 months ago

Part 6/8:

The dual threat of tariffs from both the U.S. and China presents Canada with a daunting dilemma. Choosing to side with the U.S. may momentarily alleviate pressures from Trump’s administration, but it risks alienating China—one of Canada’s largest trading partners. This balancing act of aligning with one superpower while avoiding the ire of another illustrates the complexities of modern international trade.

The situation is further exacerbated by the fact that Canada's exports to China, such as canola, face potential annihilation under current tariff conditions. Given China's considerable market for agricultural products, this could significantly harm Canadian farmers, with over $4 billion in trade at stake.

The Unfolding Crisis