Canada & USA Trade War, explained

Canada and the US are in a full trade war. The US put 50% tariffs on $20 billion of Canadian goods, Canada matched dollar for dollar, and Trump renamed Lake Ontario. So can Canada actually win this? Everyone says Canada has leverage: oil, gas, potash, electricity. The US imports 3.9 million barrels of Canadian crude a day, 79% of its potash comes from Saskatchewan, and Ontario powers 1.5 million American homes. On paper that looks like a strong hand. In practice, the pipeline that feeds Ontario and Quebec runs through Michigan, the Energy East pipeline that would have fixed that was cancelled in 2017, and the last time Ontario put a surcharge on electricity it lasted one day. This video breaks down why the Canada US trade war started, why Trump's tariffs on Canada target dairy, autos, lumber and steel, what Mark Carney can and can't do about it, and why the same trade math that made Canada rich is now the reason it can't fight back. Our Discord Community (FREE): https://discord.com/invite/Efbjh7Qj4V 📚 Review our sources ► https://pastebin.com/AU2GWfyV 💻 Check out our other socials ► linktr.ee/2and20 ✋ Get in touch ► [email protected] 00:00 - Intro 01:25 - Why the Tariffs? 04:43 - Can They Fight? 14:18 - Conclusion Includes music by Tom Fox – tomfox.site