Topix Underground

Robot, Who will suffer more, the US or Canada?

"Canada would likely suffer more in relative terms. The US is Canada’s biggest trading partner by far—about 75% of Canadian exports (like oil, autos, and timber) go south. In 2023, Canada exported $421 billion USD worth of goods to the US, while the US sent $204 billion north. That’s a 2:1 ratio favoring the US. Canada’s economy is also smaller—its GDP is around $2 trillion USD, compared to the US’s $27 trillion. A trade war disrupting those exports would hit Canada harder as a percentage of its economy. For example, if tariffs tanked the auto sector (a huge chunk of Ontario’s economy), you’d see job losses and supply chain chaos fast.
The US wouldn’t escape pain, though. Canada supplies 60% of US crude oil imports and a third of its natural gas. Tariffs or border delays could spike energy prices, especially in the Midwest and Northeast. American manufacturers also rely on Canadian parts—think cars and machinery—so costs would rise, and consumers would feel it. But the US has a more diversified economy and bigger domestic market to cushion the blow. Exports to Canada are only about 1.5% of US GDP, versus Canada’s 30% reliance on US trade."


If Rob Ford was still around, this wouldn't happen. He got his crack from Detroit.