I got an e-mail question today that should be Addressed!
Q: Will Trump’s tariff wars end up doing massive damage to the US economy?
But...! Instead of answering it myself...
I will hand it over to Marci Moroz:
A: Allow me to bypass the experts on the economy and politics to answer this question from a perspective where I have some expertise. (She's a psychologist! By the way... did you notice that she used my favourite word... "Perspective!" - ed.)
Trump’s tariff war has done massive damage to the relationship between Canada and America. The damage is so severe that I am comfortable predicting that it will not be reparable. When things happen that are out of Canada’s control, something fascinating follows.
Canada is forced to examine what happened from a personal perspective. What did Canada ignore about the relationship with the United States? What made Canada so complacent about living next door to a country that creates wars that aren’t their own wars? You know, wars that kill people, destroy infrastructure, create hatred towards the United States. Why did Canada blindly trust that the USA would never turn on us? How did we get to this place of complacency and vulnerability that so many Prime Ministers had warned us about? Liken this to a marriage you trusted. A spouse that you believed had your back, would never harm or betray you. Someone you trusted was a “soft place to land”. Then suddenly and unexpectedly left you, divorced you, and tried to take all the joint assets of your life together.
Divorce trauma is a real thing, with symptoms consistent with post traumatic stress. Canada now has “Tariff Trauma”, identified by several stages- Denial (Canada has been sleeping next to an elephant and ignored the obvious risks),Bargaining (Canada added measures of border security despite illegal alien and fentanyl statistics that proved Canada was not the main source of illegal immigration or fentanyl), Anger (NO, Canada is not for sale!), and where we recently arrived, Depression (WTF happened?). The final stage will be Acceptance as Canada moves on with tough lessons learned.
To quote Prime Minister Justin Trudeau, who said yesterday, “Canadians are perplexed”, I would agree, and add that perplexed does not adequately capture the multitude of other “tariff trauma”emotions Canadians are experiencing. Even if the tariffs were removed before they gained traction, it would do nothing to repair the damage already done to our relationship.
However, there is a silver lining! Canada is now awake (I said awake, Canada has always been “woke” and in Canada woke is not a dirty word). Canada knows beyond the shadow of a doubt, that it is time to break the pseudo trusted alliance with America, away from the whims of a deranged president, toward economic freedom. Canada will quickly find new markets (some have identified themselves already) and will become more financially independent, even if that means allowing foreign investment that was previously denied because America doesn’t like Canadian relationships with other countries. You know, like a jealous spouse.
Canada has its own identity that eschews the USA (even more obvious when Trump floated the idea of a “51st State”). Now it is time to make new friends, open new bank accounts, apply for new credit cards, and start dating again. From that new position, Canada will watch “the ex, USA” stumble in the dark (a serious possibility that Canada will contribute to this), with no guilt or remorse. The US will get what it has coming, and Canada will witness karmic retribution from a safe place, never again having to make excuses for America’s reprehensible behaviour!
(And that's the name of that tune... )
