3Settimana·

Canada boycotts the USA - and turns to the EU? 🇨🇦➡️🇪🇺

Economic tensions between Canada and the USA are escalating: Canadian retailers are removing US products such as whiskey and wine from their shelves, and more and more Canadians are avoiding travel to the US. Frustration with the protectionist US policy is growing - and with it the idea of closer economic ties with Europe.

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Boycott hits US economy hard


❌ US whiskey and wine are disappearing from Canadian stores - manufacturers such as Brown-Forman (Jack Daniel's) ($B1FC34 ) are feeling the consequences.

❌ Fewer Canadians are traveling to the USA - the tourism sector in Florida, California and New York could suffer as a result.

❌ Rising demand for European products - French wine and Scotch whiskey in particular are benefiting.


Canadian shares as winners?


While US companies are suffering losses, there are clear winners in Canada:

📈 Shopify ($SHOP (-11,37%) ) - e-commerce benefits from increasing online purchases of Canadian and European products.

📈 Air Canada ($AC (-0,87%) ) - More Canadians are traveling to Europe instead of the US, which could strengthen transatlantic flight routes.

📈 Magna International ($MG (-0,28%) ) - The automotive supplier already exports massively to Europe and would benefit from even closer market access.

📈 Nestlé ($NSRGY (+1,26%) ) - European food manufacturers could gain market share in Canada if US products are replaced.


EU accession as the next step?


The growing rift with the USA is making discussions about closer ties with the EU louder. Full EU accession remains unlikely, but an extended economic partnership - perhaps even with the use of the euro? - is no longer ruled out.


Conclusion


Canada's departure from the USA could have far-reaching economic and geopolitical consequences. How do you see this? Is this just a short-term boycott or the start of a long-term realignment?


#Kanada
#EU
#Boykott
#Aktien
#Wirtschaft
#Geopolitik

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9 Commenti

immagine del profilo
We should take Canada as an example, that's the only way Trump will realize how the markets really work.
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@Angstundbange With regard to $TSLA, this is already working well. DT can't buy that many cars to make up for the slump in Europe
immagine del profilo
3Settimana
How did you come up with Shopify? As a Shopify shareholder, it's incomprehensible to me. It's just a provider of a technology platform, they don't care in which country the stores are located.
immagine del profilo
@Soprano

1.growing demand for Canadian & European products
- As Canadians boycott US products, retailers are turning to Canadian and European alternatives. Many of these merchants are using Shopify as a sales platform.
- European companies could increasingly use Shopify to serve the Canadian market directly.

2. independence from US marketplaces
- Many small and medium-sized retailers in Canada sell through US platforms such as Amazon or eBay.
- If trade with the US becomes more difficult, more merchants may choose to have their own Shopify website instead of depending on US platforms.

3. rising e-commerce trends
- A move away from brick-and-mortar US stores could trigger more online purchases in Canada.
- Shopify is the market leader for independent online stores and would benefit from this trend.
immagine del profilo
3Settimana
@TonyMelony1998 But many US retailers also use Shopify. It makes no difference whether I order protein powder from the Shopify website of a US retailer or the Shopify website of a Canadian retailer. So that really doesn't make any sense at all. US products are also sold via Shopify.

Independence from US platforms like eBay makes a bit of sense. However, it's simply a question of turnover whether a customer of a major platform sells via its infrastructure or sets up direct sales.
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immagine del profilo
Scottish whisky is better than American whisky anyway. Or at least better than the American billo brands/bottles that are usually marketed. 😅
immagine del profilo
@SchlaubiSchlumpf My current everyday favorite is Connemara (Ireland).
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immagine del profilo
@randomdude hmm I don't have a single favorite. Last week I bought an Arran whisky (on vacation) on the Isle of Arran (it's cheaper in Germany, but not a souvenir). But I also like Glengoyne or Glenfiddich. Although it probably depends on the bottle. I generally like fruity ones.
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