What China imports is raw materials, energy and food. That matters. Canada is well placed to survive a downturn.
???
most of Canada's exports are to the states
United States ($438B), China ($25.4B),
We definatly have some risk we will need to naviagte
an economic downturn is different than a tariff war
unless the tariffs cause the economic downturn
the expectation (ex tariffs) is for a soft landing mild recession after a prolonged expansion of the economic cycle
tariffs could create a more severe recession
they also will re-allocate where things are made and sold
trump is going to cut taxes, income tax corporate taxes and taxes on overtime (positive)
while kicking the can down the road on the federal debt bomb (bad & very irrsponsible)
he will undue the regulatory burden (good for US financials and energy)
US manufacturing will win because of reshoring ( good0
Canada has an oppourtunity to greatly benefit from the US changes if we are smart and undue the absurd Trudeau regulatory burden , particularly in energy
we need to shrink the size of govt
Our Supply Mnagement system is going to be attacked
if you view it objectively its not at all aligned with free trade
Quebec Dairy farms will be a target for sure which is a poltical hot potato
Canadians consumers pay way too much for Dairy
Trump despises Trudeau and freeland, Trump was not haapy with the USCMA and is not going to pussyfoot around this time
so we do not want these two bozos negociating for Canada.
Trump will screw Canada over just out of spite for Trudeau
Pierre P will be far better positioned to get a more favorable deal
We need an election and right away
We can not afford to wait until Jagmeet Singh and the liberal bloodsuckers qualifiy for MP pensions