How Tariffs Will Strain the US and Canada's Relationship

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  • Опубликовано: 6 дек 2024

Комментарии • 85

  • @MM-xg2td
    @MM-xg2td 2 дня назад +28

    A pipeline from Alaska trough Canada when the USA wants to tariffs us ??? bah ha ha NO WAY !

    • @qjsharing2408
      @qjsharing2408 2 дня назад +1

      But we could borrow against that income! And then they could just use tariffs to induce recessions whenever they want!

    • @MM-xg2td
      @MM-xg2td 2 дня назад +2

      @@qjsharing2408 They need that pipeline to be more self energy. so its a big NO

    • @AlGat11
      @AlGat11 2 дня назад +1

      It will be interesting to see if Canada would approve an Alaska pipeline through Canada and how long the approvals take. I would be comparing it to how Trudeau attacked the Energy East pipeline, just to see if Trudeau is going to treat Trump better than Western Canada.

    • @qjsharing2408
      @qjsharing2408 2 дня назад +1

      Be also on guard for their efforts to erode our claim to the Northwest Passage. You want to own an increasing share of the profits from the pipeline as it becomes more valuable. You want to become increasingly resilient to them closing the faucet on their terms.

    • @mikeshay4866
      @mikeshay4866 2 дня назад

      @@AlGat11 the east doesn't want crude from the West anyway, it cost more than other crude to refine

  • @brianpassmore8951
    @brianpassmore8951 2 дня назад +17

    It sure will strain relationships with Canada. Definitely mine. Don't underestimate how proud Canadians are of our country. We've helped many countries throughout the world.
    Personally, I say bring on the tariffs. I will not compromise my dignity to a bully.
    I have spent many winters in Florida, and I know how NOBLE Americans are at their core. However, I will not cross the border, until things improve and certainly not, when a want to be dictator is in charge.
    Carry on Canada!!!!!!🇨🇦❤️

    • @michellaurin3267
      @michellaurin3267 День назад +2

      Agreed for my familly and a few friends we decided to spend the next few winters at home instread of heading to florida texas or arizona probably will go to mexico for a change

    • @ismetkerqeli582
      @ismetkerqeli582 20 часов назад +1

      who cares if canadians come or not,better not hope trump will make 50% tariffs!

  • @alexanderalexander7404
    @alexanderalexander7404 2 дня назад +9

    Trump has invited both Mexico and Canada to re-evaluate their long standing positive economic, military, and social relationship with the US. This is something that was not being called into question previously. Perhaps Trump is right, and we need to begin to look elsewhere for our primary relationships with other states. I think that Germany, Poland, France, Spain, Portugal, England, Ireland, Wales, and Scotland etc.... are all entering a stage of flux. Perhaps this presents a more stabile and friendly future for Mexico and Canada. Sometimes life presents new directions that one did not contemplate before.
    If the US wishes to go it alone -militarily, economically, and socially- it should have the right to do so. We wish you all the best with an insular and protectionist future, on your own.

  • @dangal9366
    @dangal9366 2 дня назад +8

    As long as trump and maga is in power, no longer buying american when I have a choice. Canada first. 🇨🇦

  • @georgek3398
    @georgek3398 2 дня назад +7

    Canada should put 10000% on tesla cars ! But immediately remove subsidies to Tesla potential customers

    • @jbqu3142
      @jbqu3142 День назад

      Best would be to cancel 100% Canadian tariffs on Chinese EV and let Canadians drive better and cheaper cars.

  • @garylcampbell9964
    @garylcampbell9964 11 часов назад +1

    Keep our gas wood and hydro in Canada.

  • @GaryCogdal
    @GaryCogdal 2 дня назад +13

    This is the only member of the Liberal Government that I like. A very polished diplomat, I wish we had more like her.

    • @Patvk8
      @Patvk8 2 дня назад +4

      You do have more. Sadly you won't acknowledge them

    • @steveg5591
      @steveg5591 2 дня назад +1

      She’s a public servant and was appointed while in this capacity. Not a political appointee like it very often to see Canada do for major postings like DC, New York, London, etc.

    • @MrViyasan
      @MrViyasan День назад +3

      She is a career civil servant who used to be a trade negotiator. I've seen her speak before - she's very sharp and an excellent communicator.

  • @corryg6403
    @corryg6403 2 дня назад +6

    China just helped Canada with its ban on exporting cirticl mineral to the states The Libs have been pushing for critical mineral mining in Canada now I think we are the 2nd largest producer

    • @qjsharing2408
      @qjsharing2408 2 дня назад

      If Trump exempts energy and natural resources, you'll know that he was trying to induce Dutch Disease. That will make us increasingly reliant on selling these things at a discount. Permanent shift in relative power

  • @davecollins6113
    @davecollins6113 23 часа назад +1

    I find it hard to believe that lady can say what she did with a straight face, almost as good as Bill Blair.

  • @sns1804
    @sns1804 2 дня назад +11

    Canada will decrease exports of WOOD products to USA. Home construction will decrease and housing prices will soar.

    • @JAMESRS58
      @JAMESRS58 2 дня назад +1

      Canada already ships lumber to Asia .. just increase the export

    • @stormtrooper9338
      @stormtrooper9338 2 дня назад +1

      True. A lot of Republican states that are on the East Coast are gonna continue to get obliterated by hurricanes each year, and rebuilding won't be cheap.

    • @pin65371
      @pin65371 2 дня назад

      @@JAMESRS58 also maybe providing tax incentives for companies in the mass timber industry could be a good idea. Even if the original customers are the government. Instead of shipping logs we could just ship them large mass timber panels

  • @lincolnlawyer9704
    @lincolnlawyer9704 2 дня назад +2

    Hopefully we can get the American to do something about guns and drugs being smuggled into Canada. I live in a border town in Ontario. We are catching smugglers regularly. Most illegal guns used in crime in Canada are from the states.

  • @Zentrix-24
    @Zentrix-24 22 часа назад +1

    Canada needs to double down and fight back against a 25% US tariff with our own. Trump is so unhinged I would no be surprised if he does so Canada must be prepared. Pretty sure Trump can't stand Trudeau.I say noway to a pipeline from Alaska thru Canada.

  • @lucforand8527
    @lucforand8527 2 дня назад +3

    A pipeline from Alaska through Canada will never happen!! Its a pure PIPE DREAM. Canada has enough problems building pipelines of its own.

    • @alcolborne7393
      @alcolborne7393 2 дня назад +2

      The new Trans Pacific pipeline is now open so crude can go directly to the BC coast and onto tankers to anywhere as well as an additional new refinery in BC.

    • @theartofwanderlust
      @theartofwanderlust 2 дня назад

      especially Canada has had to sell, its oil at a discount to the US, because we had no access to other markets. That has changed, Canada now has global customers for its oil at full market price

    • @handsoffmygunmf6750
      @handsoffmygunmf6750 День назад

      @@theartofwanderlust I don't think Canada is selling the US their tar sands oil. They ship it from Alberta through the Keystone pipeline to Cushing Oklahoma, then the oil is shipped through a US pipeline from Cushing to Houston to refineries. I think there are 3 refineries in Houston that process the tar sand oil. Canadian oil companies pay US refineries to refine it, then the fuel is shipped by tanker to Britain and other countries. We might buy some of the fuel, I'm not sure. The question is, will Canada continue shipping oil through the US to refineries in Houston? The media keeps saying we'll be paying the tariffs on the oil with higher gas prices, but this is not true. Oil prices are set by world demand and opec. Also, we're not buying this Canadian crude oil, they're just paying US refineries to refine it. The 25% on each barrel of oil will be paid by Canadian oil companies and there are 610,000 barrels of oil per day passing through that pipeline. 25% of 610k is 152,500 X 81 dollars a barrel = 12,352,500 dollars a day that will be paid to the US treasury by Canadian oil companies. Even if you have a pipeline to the West Coast, you'll still need to be able to refine it. If I was Canada I'd be building some refineries near the tar sands instead of piping it thousands of miles. You get 19 gallons of gas and 11 gallons of diesel from a 42 gallon barrel of oil. That's 12 gallons of crude oil per barrel that is being pipe lined that won't make fuel. Another problem with tar sand oil is the cost of refining it is more expensive than normal crude oil. Oil prices have to be at 60 dollars to just break even on refining it. If oil prices drop, the game is over.

  • @punisher8455
    @punisher8455 2 дня назад +2

    I'd say the relationship with the US and Canada it's over long time ago

  • @lphantasmo967
    @lphantasmo967 2 дня назад +5

    Shut off the power to Eastern US and trump can use the tariff to explain himself

  • @vanhamies8512
    @vanhamies8512 23 часа назад

    "Fun" at Mar-a-lago? "Lot's of laughter?" She's an accomplished diplomat, I'll give her that, but this diplomatic spin embarrasses me as a Canadian.

  • @kharoubhachemi9630
    @kharoubhachemi9630 День назад

    Tariffs are good both ways.
    It encourages domestic investment

    • @AnnDetar
      @AnnDetar День назад

      That train left the station back in eighties and it is not coming back. Ask any economist and they will say the same.

    • @darlene2709
      @darlene2709 День назад

      The Smoot-Hawley Tariff Act of 1930 made the Great Depression worse by:
      Increasing import prices: The act made imports unaffordable for most people, except the wealthy.
      Decreasing exports: The act dramatically reduced the amount of exported goods.
      Contributing to bank failures: The act contributed to bank failures, especially in agricultural regions.
      Encouraging other countries to raise tariffs: The act encouraged every country that traded with the United States to raise tariffs as well.
      Reducing global trade: The act reduced global trade and slowed down the global economy.
      Highlighting the dangers of protectionist trade policies: The act highlighted how dangerous protectionist trade policies are for the world economy.

  • @jerrypeal653
    @jerrypeal653 2 дня назад +1

    Maybe Canada should bet the people coming into their country and stop them from making their way to the border .
    The problem doesn’t start at our border .

    • @stormtrooper9338
      @stormtrooper9338 2 дня назад +2

      Canada's security is top-notch and we work with the U.S on the challenges. We have to stop the guns and drugs from the U.S. pouring into our country on a regular basis.

    • @Mothman156
      @Mothman156 2 дня назад

      Yea, well, it's a two way street bud. We have to be vigilant concerning gangs and guns coming from the USA.

    • @apothe6
      @apothe6 День назад

      Less than 1% of people going to america illegally do it from the Canadian side. This is a Trumper talking point

    • @jerrypeal653
      @jerrypeal653 День назад

      @ 1% of 20 million, no longer a talking point . ( And sight you resources 1% )

    • @AnnDetar
      @AnnDetar День назад

      What a totally dumb thing to say. Maga talking points with no facts to support this absurd comment.

  • @lenbeedle
    @lenbeedle 15 часов назад

    It's nice that they laughed and had a good time but I'm not laughing. I don't see anything to celebrate.

  • @yanjundong3707
    @yanjundong3707 День назад

    ?Canadian: I thought we are friends. USA: ? Who told you that

    • @handsoffmygunmf6750
      @handsoffmygunmf6750 День назад

      When Trudeau slapped a 276% tariff on US drywall, he damaged the relationship. We are gonna build it back and remain friends with Canada while we make a few bucks from them on tariffs.

  • @terrymckenzie8786
    @terrymckenzie8786 2 дня назад +3

    I really don’t know why people are so upset. Trump has no plan on putting tariffs in Canada or Mexico. Trump will cave in and said Canada complied and Mexico complied also which makes him feel good. He probably will want to renegotiate the trade agreement next year for more concessions. The tariffs would hurt America real bad also.

    • @mikeshay4866
      @mikeshay4866 2 дня назад

      But Canada and Mexico didn't comply, just another lie

    • @tesseg
      @tesseg 2 дня назад

      Trump didn't say that. Stop putting words in his mouth.

    • @mikeshay4866
      @mikeshay4866 2 дня назад +1

      @tesseg didn't say what

    • @dangal9366
      @dangal9366 2 дня назад

      ​@tesseg huh

    • @jbqu3142
      @jbqu3142 День назад

      The problem is trust. He already renegotiate NAFTA 6 years ago. Who trusts Trump except his 74 millions voters? Probably 4 to 5 billion people!

  • @jhansen2649
    @jhansen2649 11 часов назад

    Our Trudeau is also an idiot, we are stuck with him.

  • @Sheda-n1t
    @Sheda-n1t 2 дня назад

    أو العيش مع مسرور كصديق أصعب شي معا

  • @sommmeguy
    @sommmeguy 2 дня назад +4

    Trump is like a child who learns how to get attention by swearing. His naughty word is tariff. The adults will set him straight.

  • @Sheda-n1t
    @Sheda-n1t 2 дня назад

    أمريكان يعرفوني مريضة لاعرف كيف حصلو عل صحتي مريضة رغم المرض كملنا مع بعض القيادة كاليدر عليه مسووليات

  • @therighteousrighthand
    @therighteousrighthand 2 дня назад +1

    There will not be tarrifs. Trump is all talks.

    • @stormtrooper9338
      @stormtrooper9338 2 дня назад

      You can't assume anything. Trump is the dumbest President ever elected in U.S. history, and he doesn't care about regular people.

    • @fiddlersthree8463
      @fiddlersthree8463 2 дня назад +1

      There were tariffs in his last administration. Why not this one?

    • @jbqu3142
      @jbqu3142 День назад

      That’s why he won’t stop the ruSSian invasion of Ukraine on day one. Who can trust a PHd in lyingnology?

  • @Jm-Gonz
    @Jm-Gonz 3 дня назад +5

    The French will never learn that socialism as an economic system eventually causes and economy to stagnate and the revenues fall and things get chaotic, Trudeau obviously loves socialism and has pretty much trashed his own economy and the working class is taking the brunt of it.

    • @rb239rtr
      @rb239rtr 2 дня назад

      Socialism is when the country controls the units of production. Neither France nor Canada are socialist countries. Neither countries own industries and neither boss industry around to the extent that a socialist country does. Cuba and Venezuela are socialists states.

    • @ThomasJohnson-jc6cw
      @ThomasJohnson-jc6cw 2 дня назад +15

      You lié thé Nordic countries are thé Most successful And they are social democracies go éducate yourself.

    • @gregorymilla9213
      @gregorymilla9213 2 дня назад

      You are still fighting a war that ended when the Berlin Wall fell .
      Canada is a gas station masquerading as a country . The mining logging the sands the metals are all sectors that have socialized losses and privatized profit .

    • @keithpalmer4547
      @keithpalmer4547 2 дня назад +10

      @@ThomasJohnson-jc6cw conservatives and lying go hand in glove.

    • @mikeshay4866
      @mikeshay4866 2 дня назад +2

      What part of Canada is socialism explain

  • @abrahamlevi3556
    @abrahamlevi3556 2 дня назад

    T. Jr. is the man in charge of Canada's hellolification project.