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The USMCA is a good deal, but the speaker had a bad relationship with a person who worked for Trudeau's predecessor because they disagreed on the deal. The speaker claims to have called Trudeau "governor Trudeau," which may have hurt his election. The speaker questioned Trudeau about why the US was taking Canada's cars and suggested a 25% tariff on Canadian cars, to which Trudeau allegedly responded that it would mean the end of Canada. The speaker finds it hard to justify subsidizing Canada, potentially to the tune of $200 billion a year, while the US protects Canada militarily. The speaker believes it's hard for the American taxpayer to be happy about subsidizing Canada.

Christopher Leland suggested that Canada should prepare a substantial retaliation list in response to potential tariffs from Donald Trump, proposing a figure of $200 billion as a starting point for consultation. She emphasized the need for immediate action, arguing that American politicians prioritize their own interests over Canadian concerns. Leland expressed a desire for American workers, like Wisconsin dairy farmers and Michigan manufacturers, to recognize the impact of tariffs on their businesses. She noted that Canada has unique economic leverage over the U.S. Despite her points, the discussion highlighted skepticism about her understanding of the situation and a call for a change in Canadian leadership, asserting that current politicians do not represent true Canadian interests. The speaker urged Canadians to prioritize their families and future generations.

Trudeau, you're making a mistake by threatening us with maple syrup. America has its own high-quality syrup, like my Cousin T's from New York. We don’t need Canadian syrup; we have plenty of delicious options here. Donald Trump is putting America first, and I stand with him. Support American businesses, whether it’s my syrup or others. We don’t need to rely on Canada. I have various syrups, including blueberry and pecan, and delicious non-GMO pancakes. These are American-made, and I believe they could even become the official White House pancakes one day. So, grab some of my products and support American-made goods!

President Trump spoke with Canadian Prime Minister Mark Carney, who described it as an extremely productive call. This occurred after Carney criticized Trump's tariffs, promising retaliatory trade actions with maximum impact in the US. A commentator stated that Carney is stirring up anti-US rhetoric to stay in power, as his party devastated Canada's economy. He added that Carney is a global elitist and supporter of carbon taxes. According to the commentator, this anti-American rhetoric will disappear after the election, leading to NAFTA three negotiations. He noted Senator Kennedy's argument for zero tariffs between the US and Canada. Reciprocal tariffs are set to begin, causing market nervousness. The commentator believes this is the start of a negotiation, as 17 US states' largest trading partner is Canada, and 75% of Canadian output is purchased by Americans. He stated that it would be stupid for the countries to go to war and that there should be no tariffs on the 49th Parallel.

The President has initiated a complete restructuring of the international trading system with a fair and reciprocal plan. For too long other countries have damaged our defense industrial base and threatened our national security. Take Europe, for example. The US runs a $230 billion trade deficit with them, especially in the auto industry. A Cadillac faces tariffs and VAT taxes that significantly increase its price in Germany, while a BMW coming to the US gets rebates, allowing it to be sold much cheaper. This disparity explains why Germany sells us eight times more cars than we sell them. To address this, we're going to identify how countries are unfairly exploiting us through tariffs and non-monetary barriers. Then we will determine reciprocal tariffs to counteract this unfairness, ensuring fair treatment for America. This isn't a political issue, it's an American issue. We want jobs, factories, and a strong defense industrial base here at home so we can be safe, secure, and prosperous.

Joe Biden has run up record trade deficits, costing the country jobs and wealth. To address this, I will pass the Trump Reciprocal Trade Act, which will impose the same tariffs on countries that impose tariffs on us. If they charge us, we charge them. This will either lead to them dropping their tariffs or paying us billions of dollars. It will benefit farmers, manufacturers, and the middle class, and reduce our dependence on China. This act will bring fairness and reciprocity to our trade relationships and put American workers on a level playing field. No more being disrespected on trade. The Trump Reciprocal Trade Act is the solution.

Canada has been charging the United States tariffs for years, including a 270% tariff on milk, 245% on cheese, and nearly 300% on butter. There are also tariffs on chicken, sausages, barley seed, meat, cars, HVAC, vacuums, cable boxes, TVs, steel, aluminum, and copper. Now that the United States wants to impose tariffs, suddenly we're the bad guys. The United States is tired of one-sided relationships where Canada benefits without offering fair trade in return. Canada is draining billions from the United States. Before criticizing President Trump, Canada should consider how much they've taken from the United States. Without America, Canada's economy would plummet.

Joe Biden has run up record trade deficits, costing the country jobs and trillions of dollars. To address this, I will pass the Trump Reciprocal Trade Act, which imposes the same tariffs on countries that impose tariffs on us. They can either eliminate their tariffs or pay us billions of dollars. This will benefit farmers, manufacturers, and the middle class, and reduce our dependence on China. We have been disrespected on trade for too long, but that ends now with the Trump Reciprocal Trade Act.

Speaker 2 stated he doesn't think they can change Donald Trump at this stage. Speaker 1 believes Pierre Poilievre, like Trump, will focus on the American worker, securing borders, ending fentanyl, and securing the world. Speaker 2 said he and Poilievre have a lot in common, but Speaker 1 says Poilievre is willfully blind to threats facing the country. Speaker 2 stated the U.S. doesn't want cars, steel, or aluminum from Canada because they want to make their own. Speaker 1 questioned how much steel is used these days. Speaker 2 recounted a conversation with Trudeau, whom he called "Governor Trudeau," about tariffs on Canadian cars. Speaker 2 claimed Trudeau said a 25% tariff would mean the end of Canada. Speaker 2 believes the U.S. subsidizes Canada to the tune of maybe $200 billion a year and that it's hard to justify. He added that the U.S. protects Canada militarily.

You are imposing tariffs on regular Americans, and we will respond. Canada is a crucial market for U.S. exporters, larger than China, Japan, the UK, and France combined. The anger in Canada is palpable, with the entire country rallying behind Prime Minister Trudeau. The tariffs are higher than those against China, which feels like a betrayal to a loyal ally. The justification regarding fentanyl and border security is flimsy, as only a tiny fraction of fentanyl comes from Canada. Canadians are proud of their sovereignty and will retaliate against these unjustified measures. The relationship between our countries has historically been beneficial, and we want to maintain that partnership. The current situation is seen as self-harm for America, and Canadians are uniting in support of their government.

Check out these insane tariffs that Canada imposed on the US last year: 250% for milk, 291% for butter, and over 200% for whey and cheese. Meanwhile, we charged them far less for the same goods. Since Trump announced tariffs, everyone suddenly became an economics expert. I don't know how tariffs will affect the economy, and neither does anyone else. But I do know tariffs led Apple to build a new factory and hire 20,000 Americans. Honda is building Civics here instead of Mexico. Taiwan Semiconductor is investing $100 billion to build five chip factories in the US. Tariffs pressure China, Mexico, and Canada to stop the flow of fentanyl. Tariffs are one tactic in an economic strategy. Are we willing to tolerate short-term disruption for long-term gain? Macroeconomics are complicated and take time to play out. Are you listening to people who want the President to fail, even if it hurts America?

The initial response to trade conflict will be dollar-for-dollar retaliatory tariffs. No one wins trade wars, but we’re responding to the provocation. We’re announcing a percentage tariff on Tesla, directly targeting Elon Musk due to his "fifty-first state" comments. We’ll also consider cutting off the supply of critical minerals needed for Tesla batteries. We have tools at our disposal and are prepared to use them. This isn’t a fight we sought, but if Donald Trump wants to escalate, we're ready. Consider this official notice to Donald Trump.

Joe Biden has run up record trade deficits, costing the country jobs and wealth. To address this, I will pass the Trump Reciprocal Trade Act, which will impose the same tariffs on countries that impose tariffs on American goods. If they don't drop the tariffs, we'll make money. Other countries will have two choices: eliminate tariffs on us or pay us billions of dollars. This will benefit farmers, manufacturers, and the middle class, and reduce our dependence on China. We have been disrespected on trade for too long, but with this act, that will change. The Trump Reciprocal Trade Act.

Tariffs imposed by the Trump administration are unjustified, as only about 0.2% of fentanyl entering the U.S. comes from Canada. If border security were the real concern, it could be easily addressed. Canada is also focused on stopping illegal U.S. guns that contribute to violence in Canada and is open to collaborating on asylum seeker issues. However, the president's comments about Canadian sovereignty, suggesting that becoming the 51st state would eliminate tariffs, have angered Canadians. They value their sovereignty and are committed to standing up against these tariffs, emphasizing their desire to maintain a strong partnership with the U.S. while being proud of their national identity.

President Trump mentioned expanding the U.S. footprint, and it started when Trudeau said that evening out the trade relationship would mean Canada would cease to exist as a country. The President responded that if Canada can't exist without cheating in trade, then it should become a state. Canada is our friend and partner, but for decades, the U.S. allowed uneven trade imbalances. During the Cold War, we wanted countries to be strong economically, even if they were cheating. But these are rich, developed economies now. Whatever they charge us, we should charge them. If they don't allow American companies to operate, we shouldn't allow their companies here. American banks can't even operate in Canada. There has to be reciprocity and fairness. The days where countries take advantage of us have to end because it's not good for the global order and creates friction. This is the case with Canada and other allies.

Canada will respond to U.S. trade actions with 25% tariffs on $155 billion of American goods. This includes immediate tariffs on $30 billion starting Tuesday, followed by additional tariffs on $125 billion in 21 days. This delay allows Canadian companies and supply chains to explore alternatives.

We also recognize potential challenges in the relationship with The United States, and we are ready for that. When targeted, unfairly or arbitrarily, the European Union will respond firmly. This weekend, we witnessed how steep tariffs were imposed on Canada and Mexico. Those tariffs raise business costs. They harm workers and consumers. They create unnecessary economic disruption and drive inflation. We do not see much good coming out of this. At the same time, the European Union remains also steadfast in its multilateral commitments, be it from our development aid to our climate targets.

Of course big business and Wall Street hate Trump's tariffs; they've been decimating American manufacturing for decades. These tariffs are helping to reverse that trend. We've seen companies like Milwaukee Tool, which sounds American but is owned by the Chinese Communist Party, compete against American companies. That's why we need tariffs to protect companies that actually want to manufacture in the United States. Don't believe the lies you read; polls show Americans overwhelmingly support tariffs.

Tariffs are being imposed without justification, as only about 0.2% of fentanyl entering the U.S. comes from Canada. If border security were truly the concern, it could be easily addressed. Canada is also affected by the smuggling of U.S. guns that lead to violence in Canadian cities, and both countries could collaborate to manage asylum seekers. The recent threat to Canadian sovereignty, suggesting Canada could become the 51st state to avoid tariffs, has angered Canadians. They value their national pride and sovereignty, and any aggressive actions will be met with a strong response. Canada wants to maintain a friendly partnership with the U.S. while standing firm on its identity.

Starting today, all US companies are banned from government procurement. Our province spends about $30 billion annually on procurement, plus our $200+ billion infrastructure plan. U.S. businesses will lose out on billions in revenue, and they only have President Trump to blame. I urge all 444 municipalities to do the same, and some already are, like Brampton. We're also ripping up Ontario's contract with Starlink. It's done. We won't award contracts to those enabling economic attacks on our province and country. This is Team Canada's response, alongside federal tariffs and actions from other premiers.

The speaker believes people are reacting hysterically to Trump's trade policies because they were taught that free trade is good, and tariffs are bad. Trump's perspective is that while free trade may improve GDP, it devastated parts of the US, costing people not just jobs, but their towns. The US is in the best position to negotiate trade because exports only comprise 11% of its GDP. If countries are rational, Canada and Mexico would concede to US demands, as 25% of their GDP comes from exports to the US. Europe is not much better, so they should also lower barriers. The wild card is politicians fearing job loss if they give in. The speaker acknowledges market pain but notes those who lost jobs are cheering. Trump is doing what he said he would do, fulfilling his promises.

Speaker: I have a message for the Canadian people. Don't vote for this guy. Real and Mark Carney is the most elite of elitists out there. This guy is not a man of the people at all. He's the ultimate elitist, and be careful because he put out a message, and he conflated, you know, hey, Trump is the biggest threat to we've had, you know, in his lifetime. Thinking about all the things that have threatened humankind in in his lifetime. So it's hyperbolic. But then he started bragging about the economy, you know, the liberal economy. I have all these charts. Mean, it's just and they're all heartbreaking if you're a Canadian. The standard of living has imploded. You look at the investments, right, or where the jobs are. Almost all of it, public sector, little private sector, and self employment, none. There's no real business opportunities there. OECD predicts the worst economies for 2020 to 2030 at the end of all 36 countries, Canada. I mean, careful. You're right. You've got to right. It's not bad. It's horrific. It's horrific. This country needs a reboot, right? Which means Canada's vulnerable. It's extraordinarily vulnerable. They're to a major power like America taking them on. Sure. They I mean and we're friends. Again, this is reciprocal. This is like, hey. Okay. You wanna protect your dairy farmers and they for whatever reason, they supersede everyone else? Negotiate with the Trump team. But this sort of saber rattling but I will say this. They do have a friend in the American media. And my emails this morning, get one from Fortune, and it says America's war in Canada. We didn't declare war. The article, you can't find that anywhere in the article, but that's where they headline it. Maybe it makes you open an email, but again, this is the kind of stuff that's happening out there. It's really it's really this is a heartfelt message to to Canada and and and people up there. It's time to turn your country around. I don't know. Time to make Canada great again.

Tariffs are taxes on imported goods, and the U.S. only imports 15% of its goods and services. Canada and Mexico contribute just 5% of that. This trade war could significantly impact their economies, as Canada relies on the U.S. for 20% of its GDP, with 75% of its trade tied to the U.S. If prices rise, Americans may stop buying Canadian goods, hurting their economy. Mexico is similarly vulnerable, with 40% of its GDP linked to U.S. exports. Concerns about Canada cutting off power are unfounded, as they are in significant debt. Other countries contribute only 10% to the U.S. GDP, and tariffs can be beneficial when paired with tax cuts. While there may be slight inflation, it will be manageable. America is prioritizing its interests, so there's no need for alarm.

There’s nothing that China, Canada, or Mexico can do tonight to prevent the tariffs from being implemented tomorrow. This is not a negotiating tool; it’s an economic decision due to significant trade deficits. Canada has a nearly $200 billion deficit with the U.S., and it’s unfair for the U.S. to subsidize Canada. Mexico has a $250 billion deficit, and while border crossings have decreased, the past administration allowed many criminals to enter the U.S. Fentanyl, primarily produced in China, is a major issue, with much of it coming through Mexico and Canada. Overall, these countries have not treated the U.S. fairly.

The speaker addresses potential retaliatory tariffs from Canada and others, stating that Canada cannot win a trade war with the U.S. According to the speaker, President Trump aims to level the playing field, claiming that Canadian leadership has unfairly disadvantaged American farmers and manufacturers for decades. The speaker asserts that the U.S. will reciprocate actions against its industries to protect American manufacturing and jobs. They state that the President intends to end America's role as the world's "piggy bank," alleging that other countries have exploited the U.S. by using it to absorb excess economic production, resulting in declining manufacturing jobs, lower middle-class wages, and hollowed-out towns. The speaker emphasizes the importance of rebuilding the American manufacturing sector for national security, advocating for American-made weaponry. They conclude that fighting back against unfair economic practices, even with allies, will lead to higher wages, more manufacturing, and greater economic security for Americans.