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Angry Canadians quietly hitting back at Trump in 1 sneaky way
I admit it.
I rage-quit the United States stock market.
Although many of my fellow Canadians were personally offended by U.S. President Donald Trump’s weird and unjustified tariffs against its №1 economic and security ally, it was the disrespectful “51st State” rhetoric and calling our former prime minister a “governor” that sent me over the edge.
That anger has manifested itself in a lot of different ways here, including:
- Avoiding American products and food, with Canada’s biggest grocer marking Canadian products with maple leaf icons and slapping “T” signage on anything with a tariff-related price hike
- Protesting against Tesla and Elon Musk and ripping up Starlink contracts
- Banning U.S. booze on provincial liquor store shelves
- Participating in a crushing travel boycott, sending cross-border traffic plummeting
For me, “Buy Canadian” extended to currency and stocks as well.
To that point, I’d invested literally all the extra money I had from my side business into U.S. stocks and treasury bills.
As the 51st State crap ramped up, I finally decided to dump everything, convert my money back to Canadian dollars, and invest in Canadian companies.
The move turned out to be prescient on the currency side as fears over Trump’s self-destructive economic policies…