Sunday, December 22, 2024

TRADE WARS SUCK.

 




THE EXTRA CANADIAN MONEY REQUIRED TO PURCHASE AN AMERICAN DOLLAR IS NOT 30% MORE. IT IS 100 DIVIDED BY 70 WHICH IS 1.43284. IT COSTS CAD $I.43 TO PURCHASE $1. USD.

EVERY UNITED STATES DOLLAR COSTS CANADIANS AN EXTRA FORTY THREE CENTS.


THE EXCHANGE RATE IS THIRTY PERCENT. 

THE EXCHANGE COST IS 43%. 

$1. USD COSTS US $1.43 CAD.


IF CANADA RETALIATED AGAINST THE UNITED STATES' 25% IMPORT TAX WITH CANADIAN 25% IMPORT TAXES:     $1 USD WOULD COST $1.78 CAD. 

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