$BTC 🚨 Trump’s 100% Tariff Threat Could Wipe Canada Out Fast
Trump’s warning to Canada isn’t just political noise — it’s a hard power move aimed indirectly at China. The fear is simple: if Canada deepens trade ties with Beijing, Chinese goods could slip into the U.S. through Canada, bypassing U.S. tariffs altogether. In Trump’s eyes, that turns Canada into a backdoor for China and blows up U.S. trade defenses.
The pressure point is massive. Roughly 75–76% of Canada’s exports go to the U.S., totaling $450B+ per year. A 100% tariff would instantly price Canadian goods out of the American market. History already gave a warning: during 2018–2019, tariffs of just 10–25% caused Canadian steel exports to drop 41% and aluminum 19%, disrupting $16.6B CAD in trade and costing thousands of jobs.
Now scale that to 100%. Autos, energy, steel, aluminum — everything is at risk.
Canada’s push to diversify toward China (agriculture, EVs, batteries) makes economic sense, but politically it’s explosive.
Is Canada about to get caught in the crossfire of the U.S.–China trade war?
This standoff could send shockwaves through global markets — fast.
#Macro #TradeWar #GlobalMarkets #BTC
