- the US imports 60-70% of its oil from Canada
- 100% of the natural gas
- 85% of energy imports
- 25% of Uranium
- 20% of all mineral imports, ahead of China
- the Great Lakes hold >80% of the USA's fresh water
- patrolling the almost 9000km border is mostly up to Canada
Despite the size disparities, they run close to a trade equilibrium: US exports $420B, imports $450B. There is a lot on the line for the US.
In context, this only applies to oil that the US imports. That number means that of the oil that the US imports, 60-70% of it comes from Canada. The US currently produces more oil than any other nation. Your note should read "the US imports 60-70% of the oil that it imports from Canada"
- 100% of the natural gas
As mentioned above, this means that US imports of natural gas come exclusively from Canada. The US currently produces more natural gas than any other nation too. Your note should read "100% of the natural gas that the US imports comes from Canada"
It makes sense that Canada is sole source for imported natural gas since that is a product that is most efficiently transported in pipelines, like crude oil.
The way your numbers are framed seems to me to imply that the US is a net importer of oil and natural gas when in fact we began to ramp up exports of oil and natural gas (and coal) in 2006-2008 time period. Those exports helped the industry remain a dominant political force and provided a lot of seed money for the corruption that we have seen in the US since.
Man, I remember watching the '88 election debate as a young teen. So many people were saying this then. Look at us now.
No, instead the Trump tariffs have specifically targeted the regions of Canada that a) elect left of centre governments and/or b) have manufacturing economies.
So Ontario's auto sector, BC's forestry, and Quebec's aluminum and aerospace sectors.
Meanwhile Alberta and Saskatchewan -- which have compliant quite honestly pro-Trump governments -- have only 2% of their exports currently impacted by tariffs.
It has the look of an attempt at regime change, masquerading as economic policy.
Plus when one side is an unreliable negotiator (the US) there’s not much rational behind continuing.
That's an understatement. Hypothetically if Canada were isolated from the world, it would regress in the quality of life in 10 years. The most capable Canadians have moved out, mostly to the US. The average Canadian has unwarranted sense of nationalistic pride about them (compared to their neighbors).
Isolate US from the world, and assuming that the govt does not meddle too much with local businesses, in 10 years they will bounce back to being more self sufficient than it is now.
If you think Canadians have more nationalistic pride than Americans, you seriously need to get glasses.
Americans literally pledge themselves to their country every day of school.
Literally every American has been force fed nationalistic pride propaganda since their first days at school, continuing for 12 years.
Never mind the average American. They’re all stuffed full of it.