Summary
Canada is preparing to retaliate against Donald Trump’s proposed 25% tariffs on Canadian imports, which could trigger the largest trade war between the nations in decades.
Prime Minister Justin Trudeau promised counter-tariffs worth $37 billion, with potential for further measures, depending on Trump’s final order.
Canadian officials warn the tariffs could harm both economies, disrupting key sectors like automotive, energy, and agriculture.
Labor leaders expressed concerns over job losses and urged collaboration. Canada hopes to avoid tariffs by highlighting their mutual economic impact to U.S. lawmakers.
LOL, gold… What year is it? If someone tried to give me gold for food in a global meltdown situation, I would tell them to fuck off.
Then you wouldn’t have anything but the rapidly depreciating asset known as food.
you’re not very pragmatic are you?
gold only holds value so long as it’s accepted as an exchangeable currency. if nobody accepts it, then its value is zero…
Gold holds a lot more value than that, being the only currency that doesn’t degrade or tarnish over time
can you eat it? can you drink it? can it heal you when you’ve been stabbed or shot?
no.no.no.
gold is worthless if you have no use for it.
It’s not a hard concept to grasp. if I don’t want what you’re willing to trade with, you have nothing and I have everything.
are you purposely being so ignorant on how currency works and why having a government backed currency is better than physical gold or have all the crypto/gold bro videos melted your brain?