I think your handwaving away the impact isn't all that convincing and some don't make all that much sense.
> American products are very expensive, and Canada is one of the few markets where they are viable. That's why DJT is so upset with alcohol bans in Canada.
American alcohol is "very expensive" and Canada is the only viable market? That makes no sense. It's not like Canada is a bastion of cheap labor.
DJT is bringing up the alcohol sales most likely because business leaders are bringing it up. The overall impact to US GDP is miniscule.
> There are lots of markets for Canadian goods. And ultimately this whole process is encouraging Canadian producers to explore some of those markets, which in the long run is good for Canada.
If there are lots of markets for Canadian goods then why aren't they selling into them now? And the US is the biggest consumer market in the world (2x bigger than the EU which is the next biggest). Losing the biggest market in the world can't be argued to be "minor".
I don't think Canada loses the US market. The implication is that if the product gets more expensive then the US simply stops using it, or sources elsewhere.
Take hockey sticks. Does this mean Minnesota stops playing hockey? Or they play without sticks? Or maybe they'll buy their sticks from...?
Where I live there was much doom and gloom. Then our exports went up....
Of course small exporters are predicting calamity. It's a good sound bite, and it's definitely the obvious prediction. I'm just not convinced it'll have that effect.
> American products are very expensive, and Canada is one of the few markets where they are viable. That's why DJT is so upset with alcohol bans in Canada.
American alcohol is "very expensive" and Canada is the only viable market? That makes no sense. It's not like Canada is a bastion of cheap labor.
DJT is bringing up the alcohol sales most likely because business leaders are bringing it up. The overall impact to US GDP is miniscule.
> There are lots of markets for Canadian goods. And ultimately this whole process is encouraging Canadian producers to explore some of those markets, which in the long run is good for Canada.
If there are lots of markets for Canadian goods then why aren't they selling into them now? And the US is the biggest consumer market in the world (2x bigger than the EU which is the next biggest). Losing the biggest market in the world can't be argued to be "minor".