Trump is a self centered egotistical easily offended angry kinda person, pretty much no one likes those kind of people.
Personally I take the wait and see approach, politicians at first talk a good game and not many actually do what they say they will do.
Trump is actively threatening and bullying corporations into doing what he deems is good for america, and yeah they need a good slapping around probably... record profits, record share prices and all these places are still farming out everything they can to india china,veitnam etc.
What is probably good for the USA in being protective is the fact they are generally net consumers of resources and other imports.... Taxing something like softwood lumber or oil from canada is a gain to their industry but at the same time a tax on the consumer of the product- the guy building the house.
In the case of lumber, canadian business gets hurt, the american consumer pays more and the US lumber company makes more profit and grows market share.
Say trump wants to go after something like oil....canada only has one customer and no real choice but to pay a tax/tariff. makes american oil more attractive but penalizes american refiners who use canadian oil-the pipes only go one way. americans produce more oil squeezing canada out all while attracting more investment that may have previously gone to canada=pink slips for canadian oil industry workers
Alberta being a raw resource driven province depends on a growing international market for trade in goods and commodities... china and inda along with other emerging markets have been the drivers of high commodity prices for the past 15 years... for a province that produces probably six or seven times more stuff than we consume protectionism is not a good thing,lol
It won't be all roses and puppies and ice cream like trump supporters think it ll be... the unpredictability and unstability considering laws,taxes and other regimes of protectionism will probably force business to take a wait and see approach too.
I know trump has definitely knocked the value off some canadian energy and forestry stocks and the guy has only been in office for a few days on the fear of the unknown when it comes to this guy
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