Adam Cochran (adamscochran.eth)
@adamcorchan
@adamcorchan The US imports 4.3M barrels *a day* of oil from Canada. It’s also where 14% of all US exported goods end up. And: -8% of all US natural gas (99% of imported) -40% of all US uranium. -87% of all US potash. -48% of all US timber. -63% of US refined lithium. -15% of all US cobalt. -13% of all US graphite (but the other other 97% is China) -The only friendly country with extensive titanium deposits -80% of all non-Chinese rare earth elements imported into the US. Other than trade war with China, damaging trade relations with Canada is the single worst thing the US can do - as everything will become eyewateringly expensive overnight. That level of inflation will be like anything we’ve seen in the past 20 years. And the industries hit the worst will be high end tech and fuel prices.
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