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Raquel Martins's avatar

I live in Europe (Spain), and just a couple of weeks ago there was some news coverage about this. Wine producers in Portugal and Spain are freaking out due to the impact tariffs will have on their businesses, as the US is one of their main export markets.

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Matthew Spence's avatar

I’m not sure what is going on with the tariffs to be honest. Some say Trump is purposefully tanking the market with tariffs so that his buddies can buy in the dip and sell high when he lifts them. In my view Trump is someone that is usually all talk considering how little he ever follows through on his threats, I remember him promising Kim Jong Un “Fire and Fury” before “falling in love” with him. But tariffs seem to be something he really believes in so it seems impossible to predict what his next step will be.

I just want to add to the conversation how here in Canada every store is promoting their Canadian made products while shoppers are purposefully boycotting American made stuff, it’s part of a movement known as “Buy Canadian.” It’s strange seeing so many Canadian flags in stores and nationalistic messaging everywhere, Canada is not as patriotic usually as the USA, but it is nice to see everyone coming together when our country is being threatened by America.

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