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happy lunar new yr love the intro and the attitude. i feel it theres a second way for countrys to get us dollars they can liquidate US index stocks and propertys they own, they are denominated in us dollars. yeah australia has a bank share deal now with china where u can access your bank here directly via their system from in china so no need to convert to $US as part of process
We probably won't last long. But it's gonna hurt for everyone. Especially for Canada and Mexico. It will cause them to want to negotiate. Which is what Trump wants. They will have to give him something to remove or bypass the tariffs.
@@AJ-ox8xy I agree with you but unfortunately that wont save America. Theres simply too many outplayed Chess moves BRICS has made against the us dollar. No one trust us bonds and the almost Trillion dolllars offloaded late last year isnt being picked up by ANYONE. I remember the GOT ep where for some insane reason somone poked at a girl with her fkn DRAGON. And somehow didnt see the carnage that was going to unfold, that reminds me so much of America poking China, Lol. America even eating all its allies wont stop from drowning it'll tread water a bit longer, but death is inevitable the world knows this Ameica will figure it out...
a long time.... the US creates nothing.... the only thing we have is tech which the world is catching up with... the US will hurt in the long run when supply chains diversify and ppl start doing business with other nations. The leverage will be gone.. and the threat of military power will be weakened.
every one knows that for decades, but did any politicians actually do anything about it? Canada and Europe is still pro US even to this day with all that tariff. US influence operation by CIA is that good. Think about that for a second.
@@turtlesoup8134 Its because the mentality of representatives are shit. They just want to "make money" and USA can bribe with their infinite money printing machine
I am Mexican, i support not bowing to this tariffs, we have friendly countries to develop better commercial ties, seems like the US is gone insane or having some kind of bipolar crisis
It's the US that doesn't want or can't leave the world alone. It keeps interfering with other countries' policies and economies. It keeps dictating what the rest of the world should do or coup d'etat happens or riots happens in that country. Please US leave the world alone. Please just bring your megalomania and insanity on your own people. Leave the world alone!@@Bryan-yq9pz
Canada could have diversified and increased their trade with China, India and southeast Asia. However they decided to blindly follow the U.S in antagonizing these countries and regions and now they are very dependent on the U.S instead of really being independent.
Its an easy logic to diversify but much harder to execute when the US has hands and fingers all over Canadian politics and businesses. Canada simply has no control. It lacks military and will to resist.
@@terrydog5280 The oopposition is even more prone to be subservient to the US, wtf are you talking about. At some point Trudeau floated being closer to China, buying Swedish planes instead of F35s and so on. At every turn, the opposition bullied his government to be more aligned with the US
@@terrydog5280 Neah, Canadians like most Westerners are infatuated with the US, you guys have been doing Uncle Sam's bidding for decades, until someone like Trump comes in the office and does things you guys don't like. It's not about Trudeau, it's about you, the voters.
China has been preparing since many years ago. The impact to China is manageable. China will survive and even grow BUT the economy and situations in the US will surely decline and very likely get much worse. 😂😂 Canada, Mexico, EU and others will very likely be in worse situations if compared against China.
Thats the opposite of good advice. Its out hyper individualism that is our collective downfall. Very few people are lone wolves. The rest of us have to rely on each other.
The thought that we (in the West) are in a position to advise citizens living in China sounds weird. I'm pretty sure they wouldn't try to tell us what to do.
Trump will create a new NAFTA 3.0 but first he has to get rid of the TURD in Ottawa, and force Mexico to deal with the cartels, or green light a U.S. military war on the cartels which would be very brutal and bloody, but would be over very quickly. The result would be an economic union that even China could not rival.
Si les alliés réagissent sérieusement, Trump est entrain de tester pour l’instant mais je vois le Japon qu’il court déjà pour négocier 😢😢 l’Europe est silencieuse 🤫, pour l’instant nous attendons les réactions de Canada et le Mexique.
good luck with the limes, tecate, dos equiis & that corona with glycol in it. Stay Thirsty. Mexico just got 22% poorer. And it couldn't afford to. lol.
US has no real friends, though. It does not perceive other nations as their equals, but as their pawns. The only exception may me the tiny country in the Middle East.
$70+ a carton... $14 for a schooner.... *$22 charged for a pint in one of the northern beaches' most popular hotels went viral on Sunday. The beer lover captioned the clip: 'this is getting f****d'.
No you guys have a free trade agreement with China. But things can change. Where is the Ex PM Morrison, has he been kick out of parliament corridors the greasy bastard.
The problem is the world's economy revolves heavily around the US Dollar due to it's role as the world's reserve currency and therefore the US has some obligations to be responsible. Unfortunately, the US isn't a responsible player and it is really hurting the economies of the world nations. Only solution is to change the world reserve currency to a nation that is more responsible and stable.
Dude thats a decade ago BRICS has built a new system to remove the us from the market or specifically make the market free trade as it should be. Yes theres plenty of countries still using the us dollar some not by choice. But the major players in this chess game have moved away and the us has no way of stopping this avalanche of a mass exit. No one trust the us dollar so all those trillions in debt held by the treasury bonds are being sold off. While the us can print more money it cant print trillions to make up for the loses its taken and a default is looming.
That is why brics is such a good idea, a reserve currency based on MULTIPLE different nations. More stable that way with stability only improving as more nations join.
it will have very little effect. The US is self sufficient in term of resources. The economy of Canada is not complementary to the US at the moment. Canada is more complementary to China but as always, ideology and politics get in the way of smart judgement.
I've already started. As of the most recent data, numerous fast food chains owned by American corporations operate in Canada. Some of the most prominent ones include: 1. **McDonald's** - One of the largest and most ubiquitous fast food chains in Canada. 2. **Burger King** - Operates under the parent company Restaurant Brands International, which is headquartered in Canada but originally an American brand. 3. **Wendy's** - Another major American fast food chain with a significant presence in Canada. 4. **Subway** - Known for its sandwiches, Subway has numerous locations across Canada. 5. **Taco Bell** - A popular Mexican-inspired fast food chain with locations in Canada. 6. **KFC (Kentucky Fried Chicken)** - Specializing in fried chicken, KFC has many outlets in Canada. 7. **Pizza Hut** - A well-known pizza chain with a presence in Canada. 8. **Domino's Pizza** - Another major pizza delivery chain operating in Canada. 9. **Starbucks** - While primarily known for coffee, Starbucks also offers a range of fast food items and has a large number of locations in Canada. 10. **Dunkin' Donuts** - Known for its donuts and coffee, though its presence in Canada has fluctuated over the years. 11. **Tim Hortons** - Although now owned by Restaurant Brands International (a Canadian-American company), it was originally a Canadian brand and has a massive presence in Canada. 12. **Popeyes Louisiana Kitchen** - Known for its fried chicken and biscuits, Popeyes has been expanding its presence in Canada. 13. **Chipotle Mexican Grill** - Known for its burritos and bowls, Chipotle has several locations in Canada. 14. **Five Guys** - A burger chain that has been growing in popularity in Canada. 15. **Arby's** - Known for its roast beef sandwiches, Arby's has a number of locations in Canada. These are just a few examples, and there are many more American-owned fast food chains operating in Canada. The exact number can fluctuate as new chains enter the market and others potentially exit. Thanks DeepSearch.
@@turtlesoup8134 Perhaps if Canada would export oil, LNG, and minerals to the EU and China, instead of to the US. I guess the US would become starved of those resources. But it's unlikely that Canada has that kind of fighting spirit.
STOPPING MEXICAN ECONOMIC DEVELOPMENT AND TRADE WITH CHINA IS A BAD IDEA FOR MEXICO.. CHINESE INDUSTRIAL DEVELOPMENT AND BECOMING A MANUFACTURING POWER HOUSE WILL OPEN THE BRICS AND LATIN AMERICAN MARKET TO MEXICO..THE U.S IS IN DECLINE AND ITS POPULATION OF 336 MILLION PEOPLE CAN NOT BE COMPARED TO THE CHINESE AND BRICS. MARKET.
Я уже не раз комментировал тарифную войну Трампа. Просто многие до сих пор не понимают глобальной цели, которую они преследуют. Начать надо с того, что однополярный мир по сути пришел к концу, и начинается время многополярного мира, где будут центры силы. США довольно долго пытались удержать свое монопольное положение, конфликт с Россией, Китаем и так далее, это все были попытки сохранить свое доминирование в мире. Сейчас, вполне возможно, они понимают, что сохранить доминирование над всем миром не получится, и надо стать не единственным центром силы, а одним из, но самым крупным. То, что происходит, это попытка сохранить большие сферы влияния, например в Европе, а также на своем континенте. Что такое тарифы Трампа? По сути, это те же санкции, только санкции нельзя вводить на тех, кого принято считать «союзниками». Переведя давление в плоскость экономики, Трамп будет торговать доступом к рынку США, получая взамен нужные ему преференции и сохраняя контроль над «партнерами». В отличие от санкций, тарифы куда проще вводить, проще отменять, а контроль внутреннего рынка проще осуществлять, чем контролировать выполнение санкций по всему миру. И конфликт с Россией отлично показал, что это практически невозможно и неэффективно. Что по сути задумал Трамп? Во-первых, в излюбленной манере политики США, чтобы быть сильнее остальных, не обязательно становиться сильнее самому, достаточно ослабить конкурентов. Я называю это «быть богатым на фоне нищих». Ослабить Европу им уже удалось, когда они поссорили Евросоюз с Россией. Ослабить ближних соседей, которые привязаны к рынку США, сейчас будут пытаться за счет тарифов. Второе, что хочет Трамп, это вернуть мощь промышленности США. Проблема только в том, что США живут с раздутой экономикой и не по средствам. Построить промышленность внутри на дорогих расходах будет практически невозможно, для этого надо снижать стоимость валюты, налоги, зарплаты, цены на энергоресурсы, строить инфраструктуру и так далее. Но можно пойти излюбленным путем - сделать все это дороже у конкурентов. Конфликт с Россией, где сильно сократились поставки энергоресурсов в Европу, вследствие чего стоимость энергоресурсов выше в 3-5 раз, чем в США, какраз рушает промышленность Европын. А с учетом тарифной войны Трампа, когда вам для доступа к рынку США надо перенести производства на их территорию, это становится практически единственным для Европы выходом. То же самое он хочет сделать и с ближними странами, такими как Канада и Мексика. Просто методы будут отличатся. Канада - крупный экспортер энергоресурсов, но им ее некуда продавать. Они могут попытаться отправить ее в Европу, но там уже доминируют США со своим газом, альянсом НАТО и политикой. Плюс тарифы Трампа - это рычаг давления на Европу, с помощью которого Трамп легко надавит на европейских политиков, запретив покупать у Канады. С Мексикой, конечно, сложнее, но есть мигранты, есть наркокартели, карту которых они могут разыграть. В чем я вижу основную проблему в логике Трампа. Он ведет себя как «ковбой», действует как слон в посудной лавке. Он не видит, что эти тарифы, конечно, рычаг давления, но имеют обратный эффект, который приведет к росту курса доллара, а падающие по отношению к нему валюты априори будут делать производства в этих странах более дешевым. Заменить канадскую нефть сланцевой тоже будет сложно, проблема в том, что «дешевая» сланцевая нефть на самом деле не дешевая, она может быть выгодной при достаточно дорогой цене на нефть, и если Канада найдет выход на рынки вне США, например, продавая ее Латинской Америке, то этот рычаг сработает в минус США, подняв внутреннюю стоимость бензина, что приведет к росту цен, затрат на производство, логистику и так далее. Вот если бы он не просто закрыл доступ Канаде, а заменил канадскую нефть, например, российской, венесуэльской или арабской, то в этом был бы резон. Также он, видимо, не понимает, что основным плюсом многополярного мира является возможность диверсификации отношений. По сути, у стран появляется альтернатива сотрудничества, которая будет сдерживать центры силы от радикальных действий, и на первый план выйдет дипломатия, а не угрозы, давление, санкции и военные конфликты. То, что сейчас делает США, только укрепляет мнение остальных, что нужна альтернатива, что главным ресурсом государства является не армия, размер экономики и сила, а суверенитет на принятие решений. Альтернатива в виде БРИКС будет привлекательнее западных аналогов и будет только расти. Так что последствия для США от тарифной войны могут быть довольно серьезными, если Трамп не будет сдерживаться. И, конечно же, главное, тарифная война практически не влияет на другие центры силы, никакой возможности повлиять на решения великих держав, таких как Россия или Китай, нет, нужна дипломатия. А со временем появятся и еще, например, Индия, сейчас стать одним из центров силы пытается Турция, Израиль, а еще есть Африка, при развитии которой появится очень перспективный и большой рынок сбыта. То же самое касается и Бразилии в Латинской Америке. И если бы не тупые лидеры Европы, то они тоже могли бы стать центром силы. Чем все это закончится, предсказать невозможно, но скучно точно не будет))) Всем мира и процветания.
I believe this train-wreck became inevitable as soon as the US lost control of its spending, around the beginning of the War on Terror. An unsustainable cycle was set up where interest-rates stayed very low and the US ran growing trade deficits that it paid for by printing money, which the exporting countries pumped back into US government debt despite the low returns simply because there was nothing safer to store their wealth in. It’s been clear that if any alternative to the US dollar is allowed to exist the USD would not be able to compete with it. Each successive president makes trading with the US less and less attractive, by imposing sanctions and tariffs, and they will ultimately rely on their military to prop the dollar up when economic coercion fails.
😂😂😂 usually, he dropped a video between 9 am to noon U.S eastern time even though I think he lives in Singapore if I am not mistaken. First time indeed he drops a video in the middle of the night around 1 am.
Except for China, It peaked world power 3 or 4 times in the last 2000 years spanding many centuries at a time. Every time China falls, it bounces back, this time is no different.
Much as I dislike trump, I am glad he has imposed these tariffs on Canada at least. Perhaps now the EU and NATO countries will see that the USA is much more their enemy than Russia or China have ever been. Perhaps too, when the pain begins to hit home even his MAGA supporters will come ton realise he does not have their interests at heart either
Please. If you can make a RUclips channel covering this in Ontario, that would be great. Nonetheless that takes time so I would understand if you do not want to do that.
I should add 5pm e assembly workers would not lose their jobs overnight and would eventually end up working as assembly workers for Chinese EVs in Canada so it’s not an entire loss of jobs.
Love watching your videos Sean, you're super smart and on the ball! I'm in Canada. We've tried to actually move away from depending on the U.S. as our main trade partner (we have made other trade arrangements over the last few years) but our problem is a lot of our trade is in oil and although we've tried to build pipelines to the coast to make selling to other countries possible, environmental protests and also the requirement to have indigenous consent on some of the plans ended up with them falling through. However, I do think things may have to change now... people are going to see the dire situation our "friend" has put us in even though we give them huge discounts on our resources.... It's pretty disgraceful for the U.S. to behave this way I'd have to say. There is little to no goodwill towards our neighbour right now even if we do love and appreciate many individual Americans as friends, colleagues and family members.
My business has heavily relied on USA for much of its supplies, most of it I could have gotten cheaper from China but chose to use American sources. That ended today. Considering that I export a lot to the usa I will need to do something to keep prices down, the most obvious solution is changing my supply lines from USA to China. Im not sure how many American jobs I just deleted today but I suppose that the consequence of starting a trade war. What I really want to see my country do is build pipelines to our ports and start selling our oil to the rest of the world. Energy hungry nations like China might want some Canadian oil. Europe might want some Canadian oil as well.
As an Australian, I don’t think I’ve ever bought a US made product. So it’s a bit irrelevant to me. But, I’m currently not too concerned about our dollar dropping. That will drive domestic production, e.g mining , agriculture, perhaps even manufacturing. We have a trade deficit with the US and it’s not huge relatively. We also don’t have tariffs on the US. So far Trump hasn’t mentioned Australia for tariffs. Our biggest trade partner is China, (I’ve bought many things from China 👍), We just want to fly under the radar and work both sides. Honestly, we need to join BRICS but it’ll never happen.
Now is 2025, not 1930s and times have changed a lot since then. Those who stick with China will move on while those who follow someone else blindly will end up in an endless deep black hole. It is what it is.
This was expected as he already mentioned his policies despite all the economists already foreseeing what would happen (just like the EU central bankers who warned against taking foreign reserves in 2022). However strange it might sound, this is still better than KH winning (for the non USA public) and continuing her boss's path. Why? Because the alternative was to walk right into a real war. This was literally a choice between "eat ***t" or literally dying and now we are experiencing the "eat ***t" effect
Tariffs are like electric vehicles. With electric vehicles the technology and infrastructure was not in place before it was rolled out. Tariffs without the USA having businesses that can replace the tariffed goods just means a huge bump in inflation. You cannot expect a foreign business to start a business in the USA overnight
The US trade policies will only hurt G7 countries. 4 years ago Donnies tariff’s may have had an impact, but today BRICS is growing and growing and they don’t really care about the US. All it will take is for just one G7 economy to join BRICS and the US economy will be toast. Perhaps Canada or Germany may be the first to jump from the G7 ship?
The cost of goods are already high in the USA. Housing, cars, food, utilities are all overpriced. So, hitting the big industry's bottomline will get worst.
How do you stop a bully…? A bully will use fear and intimidation..they want to dominate others to improve there social status…… To stop a bully? They do not want to get hurt! ….. Imagine if the world go on “ STRIKE “ Stop shipping!
Canada does not need to cut off oil and gas - just make the USA pay the full price - gett rid of all discounts. Impose tariffs on all imports from the USA. And build facilities for the future in order to sell oil and gas to Europe and Mexico in direct competition with the USA.
@@psalmno.51Yes, and importing countries will also tariff imports from the USA - or consumers will boycott products from US companies wherever possible. This economic warfare is just plain stupid and will benefit nobody.
@pmkeith Thank you for replying and what you say makes obvious sense. People talk as if President Trump hasn't thought about this angle and that's just plain funny!
I beg to differ: he doesn't want to reshore industry. That's too much work, and will cost too much. Also, it would suggest that he actually cares whether Americans have jobs. No, he wants other nations' wealth, by hook or by crook. He wants uncontested power, and if he has to decimate the world economy to have it, so be it.
in the 40's. 50's 60's the US made 50% of everything that was made in the world and had the attitude if we cant make it we dont need it , guaranteed no debt. granted long hours 6 12 hours a day like they us to do, you had the money to buy many things and the quality was gool, it make a couple of years to build but you could get a job anywhere.
My money is on Trump doing the same as his last term. Talk loudly, with small or no actions. That said he and Biden threw the EU under the bus so I'm sure he'll throw every other allied nation under the bus to help prop up the economy and limit the brrrrrrr machine.
@gcoffey223 how so? Because Trump "said" he's doing tariffs? If you meant that then you didn't read my comment. Otherwise expanding your comment might help?
We know it's real when Mr...foo tells you to pour yourself a stiff one...love this guy n appreciate your hard work on giving us the truth my friend..keep it going.
Thank you for your insigths - I'm from Europe and i I am happy to find vlogs like yours. 😅 we are living interesting times and will se big shifts the next years. China can use their excess dollars to trade with other countries .... they should have enough for a couple of years.
Let's put tariffs to american products. Asia is basically the factory of the world and we produce everything. Let's see who survive the tariff wars. As far I know, many products from them are only essential products. We can survive without KFC, Starbuck, iphone. On the other hand, we produce almost all their essentials. Let's see who survive.
The HK stockmarket went up the other day because people thought he was going to give a 2nd thought about China in an interview with Hannity. Probably he did, but decided to go ahead anyway. It doesn't matter for China, the Americans are paying. It won't work, so there will be another increase until people cannot afford anymore.
Mexico should severe any deals with America and start trading with BRICS and Europe. Sure, there will be pain at 1st, but Mexico will have the rest of the world at its feet and a more secure future with no tariffs involved.
Well, he actually did it. Around 45% of US imports come from these 3 countries. DJT just made sure inflation is inevitable, and for its closest economic allies to look for alternative markets.
When you came through unusually early, I knew you're bring an urgent public announcement about the end of the world... What's worse you didn't sign off by saying "be safe... as we navigate through these crazy times". Our oracle can't be defeated. We're counting on you to revive our spirit.
As a Latin American that isn't Mexican but follows Mexican politics very closely, I personally think the Government of President Sheinbaum is not going to roll back their economic ties with China. More can be said about this but I'll stick to two points. Firstly, since the AMLO administration, Mexico has been making strides to become a manufacturing hub for the Americas, and especially for Latin America. And, of course, breaking off trade with China would push that goal much farther into the future, if it would even be possible at that point. Secondly, part of what led to the resounding victory of Sheinbaum and the Morena party (which has a super-majority in the government) was the promise of protecting and deepening Mexico's sovereignty. Again, this has been an important theme since the AMLO government. It's an understatement to say that such a decision -- choosing to give the US a veto over Mexico's trade relations (while simultaneously stifling their industrial potential) in order to appease Trump and maintain access to the US market -- would be deeply unpopular. The talk about possibly invading Mexico makes this particularly sensitive as well. The prospect of losing so much revenue is a scary one for sure, so we will have to see, but I think President Sheinbaum's reaction to this will be to explain to people the danger of staying overly dependent on a single market for exports, and try to negotiate with the US where it's possible.
Canada must cut of the oil and gas to America, it will heart Canada but Americans will suffer much more and come begging to Canada Be Brave Canada call Trumps demands.
Simple: 😂 In order dump the USD, countries outside the US should use XRP for cross border payments where Yuan will be automatically converted to Canadian dollars instead of using Swift us dollars. No need to use Nostro / Vostro system.
Sean if the US imposes a 15% tariff on Australian goods I’d hope the government here would slap a 15% tariff on their cars which are mainly the ones that are imported into Australia as we do not have a car manufacturing industry anymore
Chinese consumers currently are those who had lived thru tough times and so they spend prudently. but their children lived in a time of plenty and so they will become like the US consumers, spend like there is no tomorrow. anyway, China can easily just use those surplus funds to fund all kinds of R&D, fancy infrastructures, built exotic weapons, ships and more futuristic transport systems. then, the population will become smart and sophisticated, they must not give away money like the US does, this only make the population lazy and dumb down.
Fracking is a very expensive process. Saudi Arabia oil extraction is the cheapest in the world and on single digits. Fracking in the USA, will cost them more than what we do in Canada. Mexico and China are in talks even before Trump's tariff. Mexico can easily send food elsewhere. John Deere corporation are making it in Mexico and screw Trump bringing back Deer manufacturing the USA.
These tariffs on Canada, Mexico, and China aren’t just punitive in nature like the one threatened against Colombia, these are structural. Trump is laying the groundwork for a trade settlement system using tariffs to balance out trade deficits as much as possible before its full implementation. Rebalancing trade relationships will require time and will initially focus on major trading partners as we are currently witnessing. Addressing trade imbalances would be the first logical step prior to transitioning to a new trade settlement system. As implementing a settlement system while significant trade deficits exist could rapidly deplete reserves. This also explains the current geopolitical and economic pressures the U.S. is exerting on Europe. The U.S. is pushing for increased purchases of American oil and gas by European countries, and Trump confirming earlier today that tariffs are coming to the European Union as well. This strategy places Europe in a position reminiscent of the WW2 era, where it was heavily reliant on U.S. goods and resources. Such dynamics could lead to a drain on European reserves, thereby enhancing U.S. economic leverage and reinforcing its global influence. Add to this to the large abnormalities we are currently seeing in the Gold market with Gold flying out of London vaults and into the U.S. and it all starts to make sense. Time will tell, but the pieces are coming together.
You have a everything bubble. Your housing market is worse than in 2008 and the Mag 7 companies got completely destroyed by China unveiling DeepSeek and line of functional robots. The world is going to ditch the US dollar as the worlds principal reserve currency for BRICS new currency.
Both Canada and Mexico need to find new markets. Being too heavily dependent on the singular US market will always leave you in a weakened state of vulnerability when it comes to weaponized US trade policies.
Leaders all over the world fear they will be assasinated or the war will come if they do not obey Washington. The odds of a leader being deposed, dying or war are almost 100% since 1950 or so. The US has created 202 wars since 1950s and even more leader removals. Aligning with honest larger countries like China and Russia is really the only current way of not being controlled by 3 letter agencies in Washington. When leaders do really stupid things you can be sure that leader was visited by the CIA or other enforcers.
Hi Sean, greetings from Australia. President Trump is digging a big hole very fast to bury the entire USA economy 6 feet underground. Meanwhile, China and Russia are sitting back and watch "Never interrupt your enemy when he is making a mistake." 🤣🤣
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happy lunar new yr
love the intro and the attitude. i feel it
theres a second way for countrys to get us dollars they can liquidate US index stocks and propertys they own, they are denominated in us dollars.
yeah australia has a bank share deal now with china where u can access your bank here directly via their system from in china so no need to convert to $US as part of process
Sean you kinda look shell-shocked in this video 😂
You need to take a breather my man.
Thanks Sean I appreciate your content man and I can see the frustration. Keep your head up my G. We gonna make it mane
I remember the US complaining that tariffs were illegal/against the World Trade Organisation Rules. Avoid anything from the US!
that wasn't the US ... that was Neo-liberal Globalists
Same here 😂😂
US never follow any WTO rules, they follow the rule base order. which is basically a rule they made up and could be change anytime.
We hate this moron please know
Boycott anything from the US
Just trade with everyone else except the USA. Don't export to the USA , don't buy from the USA. How long do you think they will last.
We probably won't last long. But it's gonna hurt for everyone. Especially for Canada and Mexico. It will cause them to want to negotiate. Which is what Trump wants. They will have to give him something to remove or bypass the tariffs.
Civil war inside 12 months
Until they show up with guns?
@@AJ-ox8xy I agree with you but unfortunately that wont save America. Theres simply too many outplayed Chess moves BRICS has made against the us dollar. No one trust us bonds and the almost Trillion dolllars offloaded late last year isnt being picked up by ANYONE. I remember the GOT ep where for some insane reason somone poked at a girl with her fkn DRAGON. And somehow didnt see the carnage that was going to unfold, that reminds me so much of America poking China, Lol. America even eating all its allies wont stop from drowning it'll tread water a bit longer, but death is inevitable the world knows this Ameica will figure it out...
a long time.... the US creates nothing.... the only thing we have is tech which the world is catching up with... the US will hurt in the long run when supply chains diversify and ppl start doing business with other nations. The leverage will be gone.. and the threat of military power will be weakened.
"It may be dangerous to be America's enemy, to be America's friend is fatal"
DJT just started his TEARSRIFTS for Americans. Crashes around the US 💥🚒🔥🌪️🌊✈️🚁🚀
every one knows that for decades, but did any politicians actually do anything about it? Canada and Europe is still pro US even to this day with all that tariff. US influence operation by CIA is that good. Think about that for a second.
@@victorchew151
??
Lol, famous quote from former Secretary of State Henry Kissenger
@@turtlesoup8134 Its because the mentality of representatives are shit. They just want to "make money" and USA can bribe with their infinite money printing machine
I am Mexican, i support not bowing to this tariffs, we have friendly countries to develop better commercial ties, seems like the US is gone insane or having some kind of bipolar crisis
Good, please leave us alone. You can have the rest of the world, just leave us in the US alone.
@@Bryan-yq9pzyou do know that Texas was once Mexico. You stole that of them.
I'm from Russia. I hope you guys will trade with us and other BRICS countries more.
It's the US that doesn't want or can't leave the world alone. It keeps interfering with other countries' policies and economies. It keeps dictating what the rest of the world should do or coup d'etat happens or riots happens in that country. Please US leave the world alone. Please just bring your megalomania and insanity on your own people. Leave the world alone!@@Bryan-yq9pz
Yes US will be alone sooner ,😉 China is the alternative. @@Bryan-yq9pz
Canada could have diversified and increased their trade with China, India and southeast Asia. However they decided to blindly follow the U.S in antagonizing these countries and regions and now they are very dependent on the U.S instead of really being independent.
Because we had an idiot leader with Trudeau
Its an easy logic to diversify but much harder to execute when the US has hands and fingers all over Canadian politics and businesses. Canada simply has no control. It lacks military and will to resist.
Canada has especially gone out of its way to make India its enemy.
@@terrydog5280 The oopposition is even more prone to be subservient to the US, wtf are you talking about. At some point Trudeau floated being closer to China, buying Swedish planes instead of F35s and so on. At every turn, the opposition bullied his government to be more aligned with the US
@@terrydog5280 Neah, Canadians like most Westerners are infatuated with the US, you guys have been doing Uncle Sam's bidding for decades, until someone like Trump comes in the office and does things you guys don't like. It's not about Trudeau, it's about you, the voters.
Advice to all in China: If you rely on others, be prepared to be disappointed. Always try to be self reliant and don't depend / rely on others!
China has been preparing since many years ago. The impact to China is manageable. China will survive and even grow BUT the economy and situations in the US will surely decline and very likely get much worse. 😂😂
Canada, Mexico, EU and others will very likely be in worse situations if compared against China.
我们不会一边倒的依赖任何一个国家，而是会继续加强与全世界各国的深度合作。
此处不留爷，自有留爷处，货物会在自由贸易的引导下找到想要它的顾客。
Thats the opposite of good advice. Its out hyper individualism that is our collective downfall. Very few people are lone wolves. The rest of us have to rely on each other.
Japan, South Korea, Taiwan and other pro US countries better wake up with Trump's policy.
The thought that we (in the West) are in a position to advise citizens living in China sounds weird. I'm pretty sure they wouldn't try to tell us what to do.
Trump keeps digging holes.
He is looking for a true friend. 😂
No he’s not, he’s saving us Americans out of the bs we been through the past 4 years.
@@Finesser-94 Lol
@Finesser-94 Give me some of what you're smoking
Trump will create a new NAFTA 3.0 but first he has to get rid of the TURD in Ottawa, and force Mexico to deal with the cartels, or green light a U.S. military war on the cartels which would be very brutal and bloody, but would be over very quickly. The result would be an economic union that even China could not rival.
These events will change the world forever. What we are witnessing are the dying gasps of the american empire.
Swan song to uncle Sam
Si les alliés réagissent sérieusement, Trump est entrain de tester pour l’instant mais je vois le Japon qu’il court déjà pour négocier 😢😢 l’Europe est silencieuse 🤫, pour l’instant nous attendons les réactions de Canada et le Mexique.
Mexicans are a proud hard-working ppl. They're not bending the knee like Canada. The world has changed.
good luck with the limes, tecate, dos equiis & that corona with glycol in it. Stay Thirsty.
Mexico just got 22% poorer. And it couldn't afford to. lol.
It's easier to bully your friends than your enemies.
US has no real friends, though. It does not perceive other nations as their equals, but as their pawns. The only exception may me the tiny country in the Middle East.
That is because they will quickly find themselves surrounded by enemies that are not easily bullied.
"Friends". 🤣🤣🤣
mexico isn't any 'friend'. Read history books.
So here Malaysia we wish to all united Chinese world a very happy n wonderful Chinese new year ❤❤❤❤❤❤
Shame on you, you have no honour.
Cold beer in Australia 🍺 we are all screwed 🇦🇺
Don’t you drink warm beer across the ditch?
$70+ a carton... $14 for a schooner....
*$22 charged for a pint in one of the northern beaches' most popular hotels went viral on Sunday.
The beer lover captioned the clip: 'this is getting f****d'.
Get real dude, schooners wherever you go range from $6.50-10 dollars maximum
No you guys have a free trade agreement with China. But things can change. Where is the Ex PM Morrison, has he been kick out of parliament corridors the greasy bastard.
@@Ozi_Land no worries mate i recently read this online, I've been a teetotaller for years. Regardless $6.50 to $10 is still robbery.
The problem is the world's economy revolves heavily around the US Dollar due to it's role as the world's reserve currency and therefore the US has some obligations to be responsible. Unfortunately, the US isn't a responsible player and it is really hurting the economies of the world nations. Only solution is to change the world reserve currency to a nation that is more responsible and stable.
USURY... Who is the Culprit... 😊
Dude thats a decade ago BRICS has built a new system to remove the us from the market or specifically make the market free trade as it should be. Yes theres plenty of countries still using the us dollar some not by choice. But the major players in this chess game have moved away and the us has no way of stopping this avalanche of a mass exit. No one trust the us dollar so all those trillions in debt held by the treasury bonds are being sold off. While the us can print more money it cant print trillions to make up for the loses its taken and a default is looming.
Hit on the nail..😂😂 Small hats
That is why brics is such a good idea, a reserve currency based on MULTIPLE different nations. More stable that way with stability only improving as more nations join.
America is done....😂
Yes. They only live on borrowed time.
After a while, we will discover that the emperor has no clothes.
Absolutely, just more Orange Fart for the USAians.
Some already know it, and some never will in a million years 🫤
No brains 😂😎
my question is - can Mexico ever join BRIC'S without the US invading
Canada Greenland Panama too....🎉🎉 these nations have been over relying on usa
Well they can USA busy with 3 proxy war
How many soldiers you need to invade a country with 135 million people and 2 million square Kilometers?
No
@@mistercut8331 yes they can
Prices in the U.S. for Americans are going to go up a lot..
Sean dropping a video in the afternoon means it's serious.
"Never interrupt your opponent when they keep making mistake" Xi jinping probably
By Napoleon Bonaparte
"The Art of War" by Sun Tzu (5th century B.C.)
NOT Napoleon as misstated.
@@Chubbchubb2313 Caesar Vespasian also has similar quote.
What will happen when Canadian start to boycott American businesses?
We do not have the population especially when it's spread over such a huge mass of land
it will have very little effect. The US is self sufficient in term of resources. The economy of Canada is not complementary to the US at the moment. Canada is more complementary to China but as always, ideology and politics get in the way of smart judgement.
I've already started.
As of the most recent data, numerous fast food chains owned by American corporations operate in Canada. Some of the most prominent ones include:
1. **McDonald's** - One of the largest and most ubiquitous fast food chains in Canada.
2. **Burger King** - Operates under the parent company Restaurant Brands International, which is headquartered in Canada but originally an American brand.
3. **Wendy's** - Another major American fast food chain with a significant presence in Canada.
4. **Subway** - Known for its sandwiches, Subway has numerous locations across Canada.
5. **Taco Bell** - A popular Mexican-inspired fast food chain with locations in Canada.
6. **KFC (Kentucky Fried Chicken)** - Specializing in fried chicken, KFC has many outlets in Canada.
7. **Pizza Hut** - A well-known pizza chain with a presence in Canada.
8. **Domino's Pizza** - Another major pizza delivery chain operating in Canada.
9. **Starbucks** - While primarily known for coffee, Starbucks also offers a range of fast food items and has a large number of locations in Canada.
10. **Dunkin' Donuts** - Known for its donuts and coffee, though its presence in Canada has fluctuated over the years.
11. **Tim Hortons** - Although now owned by Restaurant Brands International (a Canadian-American company), it was originally a Canadian brand and has a massive presence in Canada.
12. **Popeyes Louisiana Kitchen** - Known for its fried chicken and biscuits, Popeyes has been expanding its presence in Canada.
13. **Chipotle Mexican Grill** - Known for its burritos and bowls, Chipotle has several locations in Canada.
14. **Five Guys** - A burger chain that has been growing in popularity in Canada.
15. **Arby's** - Known for its roast beef sandwiches, Arby's has a number of locations in Canada.
These are just a few examples, and there are many more American-owned fast food chains operating in Canada. The exact number can fluctuate as new chains enter the market and others potentially exit.
Thanks DeepSearch.
@@turtlesoup8134
Perhaps if Canada would export oil, LNG, and minerals to the EU and China, instead of to the US.
I guess the US would become starved of those resources.
But it's unlikely that Canada has that kind of fighting spirit.
It is not only Canada that will boycott everything associated with the US to whatever degree they possibly can. US is rapidly becoming a world pariah.
STOPPING MEXICAN ECONOMIC DEVELOPMENT AND TRADE WITH CHINA IS A BAD IDEA FOR MEXICO.. CHINESE INDUSTRIAL DEVELOPMENT AND BECOMING A MANUFACTURING POWER HOUSE WILL OPEN THE BRICS AND LATIN AMERICAN MARKET TO MEXICO..THE U.S IS IN DECLINE AND ITS POPULATION OF 336 MILLION PEOPLE CAN NOT BE COMPARED TO THE CHINESE AND BRICS. MARKET.
@thomasrogers9146 SWIFT has been their war chest...smart move BRICS. The US must be brought to bear for the future of humanity.
i agree 1,000%
Mexico should trade more with South America. It's too dangerous to depend on the USA. Leave that to the Cartels 🙂
@@larsnystrom6698 PERU/China just built a new shipping port just for this reason
yeah spot on , BRICS has i think 52% world population now. so in time they wont even need trade with the u.s..
tariff's will just be ink on paper
Я уже не раз комментировал тарифную войну Трампа. Просто многие до сих пор не понимают глобальной цели, которую они преследуют. Начать надо с того, что однополярный мир по сути пришел к концу, и начинается время многополярного мира, где будут центры силы. США довольно долго пытались удержать свое монопольное положение, конфликт с Россией, Китаем и так далее, это все были попытки сохранить свое доминирование в мире. Сейчас, вполне возможно, они понимают, что сохранить доминирование над всем миром не получится, и надо стать не единственным центром силы, а одним из, но самым крупным. То, что происходит, это попытка сохранить большие сферы влияния, например в Европе, а также на своем континенте. Что такое тарифы Трампа? По сути, это те же санкции, только санкции нельзя вводить на тех, кого принято считать «союзниками». Переведя давление в плоскость экономики, Трамп будет торговать доступом к рынку США, получая взамен нужные ему преференции и сохраняя контроль над «партнерами». В отличие от санкций, тарифы куда проще вводить, проще отменять, а контроль внутреннего рынка проще осуществлять, чем контролировать выполнение санкций по всему миру. И конфликт с Россией отлично показал, что это практически невозможно и неэффективно.
Что по сути задумал Трамп? Во-первых, в излюбленной манере политики США, чтобы быть сильнее остальных, не обязательно становиться сильнее самому, достаточно ослабить конкурентов. Я называю это «быть богатым на фоне нищих». Ослабить Европу им уже удалось, когда они поссорили Евросоюз с Россией. Ослабить ближних соседей, которые привязаны к рынку США, сейчас будут пытаться за счет тарифов. Второе, что хочет Трамп, это вернуть мощь промышленности США. Проблема только в том, что США живут с раздутой экономикой и не по средствам. Построить промышленность внутри на дорогих расходах будет практически невозможно, для этого надо снижать стоимость валюты, налоги, зарплаты, цены на энергоресурсы, строить инфраструктуру и так далее. Но можно пойти излюбленным путем - сделать все это дороже у конкурентов. Конфликт с Россией, где сильно сократились поставки энергоресурсов в Европу, вследствие чего стоимость энергоресурсов выше в 3-5 раз, чем в США, какраз рушает промышленность Европын. А с учетом тарифной войны Трампа, когда вам для доступа к рынку США надо перенести производства на их территорию, это становится практически единственным для Европы выходом. То же самое он хочет сделать и с ближними странами, такими как Канада и Мексика. Просто методы будут отличатся. Канада - крупный экспортер энергоресурсов, но им ее некуда продавать. Они могут попытаться отправить ее в Европу, но там уже доминируют США со своим газом, альянсом НАТО и политикой. Плюс тарифы Трампа - это рычаг давления на Европу, с помощью которого Трамп легко надавит на европейских политиков, запретив покупать у Канады. С Мексикой, конечно, сложнее, но есть мигранты, есть наркокартели, карту которых они могут разыграть.
В чем я вижу основную проблему в логике Трампа. Он ведет себя как «ковбой», действует как слон в посудной лавке. Он не видит, что эти тарифы, конечно, рычаг давления, но имеют обратный эффект, который приведет к росту курса доллара, а падающие по отношению к нему валюты априори будут делать производства в этих странах более дешевым. Заменить канадскую нефть сланцевой тоже будет сложно, проблема в том, что «дешевая» сланцевая нефть на самом деле не дешевая, она может быть выгодной при достаточно дорогой цене на нефть, и если Канада найдет выход на рынки вне США, например, продавая ее Латинской Америке, то этот рычаг сработает в минус США, подняв внутреннюю стоимость бензина, что приведет к росту цен, затрат на производство, логистику и так далее. Вот если бы он не просто закрыл доступ Канаде, а заменил канадскую нефть, например, российской, венесуэльской или арабской, то в этом был бы резон. Также он, видимо, не понимает, что основным плюсом многополярного мира является возможность диверсификации отношений. По сути, у стран появляется альтернатива сотрудничества, которая будет сдерживать центры силы от радикальных действий, и на первый план выйдет дипломатия, а не угрозы, давление, санкции и военные конфликты. То, что сейчас делает США, только укрепляет мнение остальных, что нужна альтернатива, что главным ресурсом государства является не армия, размер экономики и сила, а суверенитет на принятие решений. Альтернатива в виде БРИКС будет привлекательнее западных аналогов и будет только расти. Так что последствия для США от тарифной войны могут быть довольно серьезными, если Трамп не будет сдерживаться. И, конечно же, главное, тарифная война практически не влияет на другие центры силы, никакой возможности повлиять на решения великих держав, таких как Россия или Китай, нет, нужна дипломатия. А со временем появятся и еще, например, Индия, сейчас стать одним из центров силы пытается Турция, Израиль, а еще есть Африка, при развитии которой появится очень перспективный и большой рынок сбыта. То же самое касается и Бразилии в Латинской Америке. И если бы не тупые лидеры Европы, то они тоже могли бы стать центром силы. Чем все это закончится, предсказать невозможно, но скучно точно не будет))) Всем мира и процветания.
Excellent points, at least people outside of the west understand what's up...
🎉
I believe this train-wreck became inevitable as soon as the US lost control of its spending, around the beginning of the War on Terror. An unsustainable cycle was set up where interest-rates stayed very low and the US ran growing trade deficits that it paid for by printing money, which the exporting countries pumped back into US government debt despite the low returns simply because there was nothing safer to store their wealth in. It’s been clear that if any alternative to the US dollar is allowed to exist the USD would not be able to compete with it. Each successive president makes trading with the US less and less attractive, by imposing sanctions and tariffs, and they will ultimately rely on their military to prop the dollar up when economic coercion fails.
Yes, this exactly 💯
Thr war on terror was a crock of sheep doo😂
This was done on purpose by the oligarchs. They do NOT care about their country or people
It's midnight im about to sleep and I see a Sean Foo videos. This must be crazy
Hahahahaha, yah it's shocking to me too
😂😂😂 usually, he dropped a video between 9 am to noon U.S eastern time even though I think he lives in Singapore if I am not mistaken. First time indeed he drops a video in the middle of the night around 1 am.
I am regular watcher of his video, thank god I didn't have to wake up night to watch his videos today 😂
Here in Broadaylight in south east Asia
Fr lmao I had to click hahaha
Thank You Sean! From Hungary... 👍
SZIA!
EVERY SINGLE EMPIRE FROM THE ROMAN EMPIRE TO THE BRITISH EMPIRE HAVE ALL FALLEN EVERY ONE FELL AND WAS WASHED AWAY ❤❤❤
Except for China, It peaked world power 3 or 4 times in the last 2000 years spanding many centuries at a time. Every time China falls, it bounces back, this time is no different.
Lesson to any country is diversify your economy and never become to dependent to anyone else's economy
1982 Most of this was foreseen when government allowed companies to offshore for higher profits. NAFTA.
Much as I dislike trump, I am glad he has imposed these tariffs on Canada at least. Perhaps now the EU and NATO countries will see that the USA is much more their enemy than Russia or China have ever been. Perhaps too, when the pain begins to hit home even his MAGA supporters will come ton realise he does not have their interests at heart either
I live in Peterborough Ontario, and I'll share how this goes.
Please. If you can make a RUclips channel covering this in Ontario, that would be great. Nonetheless that takes time so I would understand if you do not want to do that.
I hope Hydro-Québec fucks over NY. All that nicely priced electricity and he treats us like that? Nah
In order to protect 37,000 auto assembly workers in Canada, we can’t buy these amazing and cheap Chinese EVs.
I should add 5pm e assembly workers would not lose their jobs overnight and would eventually end up working as assembly workers for Chinese EVs in Canada so it’s not an entire loss of jobs.
Countries should wait until after the stick market opens Monday to announce their countermeasures
I am expecting Monday will be very ugly for the stock market.
Fuck no.move on Sunday.he'll be on the golf course..and hegseth will be drunk. By 8:00 am monday,it'll be too late.
Cold beer and a shot of Hokonui moonshine in New Zealand....RESPECT Sean.
Thank you Sean, Love your passion for global economics and geopolitics. Greetings from American living in Czechia,
Love watching your videos Sean, you're super smart and on the ball! I'm in Canada. We've tried to actually move away from depending on the U.S. as our main trade partner (we have made other trade arrangements over the last few years) but our problem is a lot of our trade is in oil and although we've tried to build pipelines to the coast to make selling to other countries possible, environmental protests and also the requirement to have indigenous consent on some of the plans ended up with them falling through. However, I do think things may have to change now... people are going to see the dire situation our "friend" has put us in even though we give them huge discounts on our resources.... It's pretty disgraceful for the U.S. to behave this way I'd have to say. There is little to no goodwill towards our neighbour right now even if we do love and appreciate many individual Americans as friends, colleagues and family members.
Who do you think funds the environmental protesters and indigenous lawsuit?
Sean your opening delivery of drama is the best! 🤣 Thank You! ☮️
Let's face it. Name me one EU leader he actually likes other than Orban. 😂He can't stand them and I'm here for it!!
He likes the pretty Italy PM, Baloney.
😅😅😅
@ No, Elon does. Mar-a-lago's long time couch surfer.
Not fucking helpful .
I have never seen Sean so discombobulated and I have poured myself a stiff one on his advice.
This crazy time is beyond his mind. 😂
Being an enemy of US is dangerous but being a friend of US is fatal
"Henry kissinger"
It will not be true in a bit if this goes on unfortunately
Sean was really surprised by this one. He wasn't his usual seamless self. He had many small stutters during this one.
My business has heavily relied on USA for much of its supplies, most of it I could have gotten cheaper from China but chose to use American sources. That ended today. Considering that I export a lot to the usa I will need to do something to keep prices down, the most obvious solution is changing my supply lines from USA to China.
Im not sure how many American jobs I just deleted today but I suppose that the consequence of starting a trade war.
What I really want to see my country do is build pipelines to our ports and start selling our oil to the rest of the world. Energy hungry nations like China might want some Canadian oil. Europe might want some Canadian oil as well.
As an Australian, I don’t think I’ve ever bought a US made product. So it’s a bit irrelevant to me. But, I’m currently not too concerned about our dollar dropping. That will drive domestic production, e.g mining , agriculture, perhaps even manufacturing. We have a trade deficit with the US and it’s not huge relatively. We also don’t have tariffs on the US. So far Trump hasn’t mentioned Australia for tariffs. Our biggest trade partner is China, (I’ve bought many things from China 👍), We just want to fly under the radar and work both sides. Honestly, we need to join BRICS but it’ll never happen.
The same china that described Australia as chewing gum under their boots
Wow, they've packed so much action into this season finale of America it's amazing !!
😂😂 So true
US trade tariffs on this scale upended the world economy in the 1930's. Japan invaded Manchuria.
Now is 2025, not 1930s and times have changed a lot since then. Those who stick with China will move on while those who follow someone else blindly will end up in an endless deep black hole. It is what it is.
This was expected as he already mentioned his policies despite all the economists already foreseeing what would happen (just like the EU central bankers who warned against taking foreign reserves in 2022).
However strange it might sound, this is still better than KH winning (for the non USA public) and continuing her boss's path. Why? Because the alternative was to walk right into a real war.
This was literally a choice between "eat ***t" or literally dying and now we are experiencing the "eat ***t" effect
Tariffs are like electric vehicles. With electric vehicles the technology and infrastructure was not in place before it was rolled out. Tariffs without the USA having businesses that can replace the tariffed goods just means a huge bump in inflation. You cannot expect a foreign business to start a business in the USA overnight
You have ALWAYS speak the truth!!!!
I love listening to your pod casts here on the other side of the world
New Zealand
The US trade policies will only hurt G7 countries. 4 years ago Donnies tariff’s may have had an impact, but today BRICS is growing and growing and they don’t really care about the US. All it will take is for just one G7 economy to join BRICS and the US economy will be toast. Perhaps Canada or Germany may be the first to jump from the G7 ship?
The cost of goods are already high in the USA. Housing, cars, food, utilities are all overpriced. So, hitting the big industry's bottomline will get worst.
How do you stop a bully…?
A bully will use fear and intimidation..they want to dominate others to improve there social status……
To stop a bully? They do not want to get hurt!
…..
Imagine if the world go on “ STRIKE “ Stop shipping!
Canada does not need to cut off oil and gas - just make the USA pay the full price - gett rid of all discounts.
Impose tariffs on all imports from the USA.
And build facilities for the future in order to sell oil and gas to Europe and Mexico in direct competition with the USA.
The USA exports those products, don'cha know?
@@psalmno.51Yes, and importing countries will also tariff imports from the USA - or consumers will boycott products from US companies wherever possible. This economic warfare is just plain stupid and will benefit nobody.
@pmkeith Thank you for replying and what you say makes obvious sense. People talk as if President Trump hasn't thought about this angle and that's just plain funny!
I saw "IDIOT’S GUIDE TO TRUMP’S TARIFFS" where the end shows the MAGA hats are all made in China.😂😂😂
I beg to differ: he doesn't want to reshore industry. That's too much work, and will cost too much. Also, it would suggest that he actually cares whether Americans have jobs. No, he wants other nations' wealth, by hook or by crook. He wants uncontested power, and if he has to decimate the world economy to have it, so be it.
Spot on
What Canadian politicians and some citizens do not have is intuitive thinking. They believe their neighbour south is THEIR GOD !!! 😂
China will be fine, they've been decoupling from the US and now, the global south is the focus they are now a bigger export market than the US.
in the 40's. 50's 60's the US made 50% of everything that was made in the world and had the attitude if we cant make it we dont need it , guaranteed no debt. granted long hours 6 12 hours a day like they us to do, you had the money to buy many things and the quality was gool, it make a couple of years to build but you could get a job anywhere.
i have my sippy cup too! 😎
With the old electric grid the US has, will these outfits come back to the states and find they don't have access to enough electric power?
My money is on Trump doing the same as his last term.
Talk loudly, with small or no actions.
That said he and Biden threw the EU under the bus so I'm sure he'll throw every other allied nation under the bus to help prop up the economy and limit the brrrrrrr machine.
You didn't pay attention.
@gcoffey223 how so?
Because Trump "said" he's doing tariffs?
If you meant that then you didn't read my comment. Otherwise expanding your comment might help?
We know it's real when Mr...foo tells you to pour yourself a stiff one...love this guy n appreciate your hard work on giving us the truth my friend..keep it going.
No worries. Trump economy is going to buckle in short order. This kind of stupidity is not sustainable.
Gold and silver
Finland here and yes we are toasted
Thank you for your insigths - I'm from Europe and i
I am happy to find vlogs like yours. 😅 we are living interesting times and will se big shifts the next years. China can use their excess dollars to trade with other countries .... they should have enough for a couple of years.
Let's put tariffs to american products. Asia is basically the factory of the world and we produce everything. Let's see who survive the tariff wars.
As far I know, many products from them are only essential products. We can survive without KFC, Starbuck, iphone. On the other hand, we produce almost all their essentials. Let's see who survive.
The HK stockmarket went up the other day because people thought he was going to give a 2nd thought about China in an interview with Hannity. Probably he did, but decided to go ahead anyway. It doesn't matter for China, the Americans are paying. It won't work, so there will be another increase until people cannot afford anymore.
Us economy is imploding and wants to take the world with it
Mexico should severe any deals with America and start trading with BRICS and Europe. Sure, there will be pain at 1st, but Mexico will have the rest of the world at its feet and a more secure future with no tariffs involved.
Do even longer video next. Really enjoyed your content. Its nice to hear everything is going to the shitter when im doing my laundry!!
You do jest sir and lift our spirits too!
😂😂😂
Well, he actually did it. Around 45% of US imports come from these 3 countries. DJT just made sure inflation is inevitable, and for its closest economic allies to look for alternative markets.
When you came through unusually early, I knew you're bring an urgent public announcement about the end of the world... What's worse you didn't sign off by saying "be safe... as we navigate through these crazy times". Our oracle can't be defeated. We're counting on you to revive our spirit.
As a Latin American that isn't Mexican but follows Mexican politics very closely, I personally think the Government of President Sheinbaum is not going to roll back their economic ties with China. More can be said about this but I'll stick to two points.
Firstly, since the AMLO administration, Mexico has been making strides to become a manufacturing hub for the Americas, and especially for Latin America. And, of course, breaking off trade with China would push that goal much farther into the future, if it would even be possible at that point.
Secondly, part of what led to the resounding victory of Sheinbaum and the Morena party (which has a super-majority in the government) was the promise of protecting and deepening Mexico's sovereignty. Again, this has been an important theme since the AMLO government. It's an understatement to say that such a decision -- choosing to give the US a veto over Mexico's trade relations (while simultaneously stifling their industrial potential) in order to appease Trump and maintain access to the US market -- would be deeply unpopular. The talk about possibly invading Mexico makes this particularly sensitive as well.
The prospect of losing so much revenue is a scary one for sure, so we will have to see, but I think President Sheinbaum's reaction to this will be to explain to people the danger of staying overly dependent on a single market for exports, and try to negotiate with the US where it's possible.
You will have so much content for us next week Sean... 😆😂😅🤣
All BRICS nations should double down increase their prices exporting to US. Let the American working class deal with him.
Chinese imports into the US are down to 2%..So the impact to the Chinese economy will be barely a blip.
Moment I saw a release from Sean this early in the day I knew something was up, and then he pulled out the sippy cup confirming my suspicions 😂😅
I read Japan and China are dumping US IOU's like crazy
Been doing that for awhile!!
Canada must cut of the oil and gas to America, it will heart Canada but Americans will suffer much more and come begging to Canada Be Brave Canada call Trumps demands.
Simple: 😂 In order dump the USD, countries outside the US should use XRP for cross border payments where Yuan will be automatically converted to Canadian dollars instead of using Swift us dollars. No need to use Nostro / Vostro system.
Sean if the US imposes a 15% tariff on Australian goods I’d hope the government here would slap a 15% tariff on their cars which are mainly the ones that are imported into Australia as we do not have a car manufacturing industry anymore
Sean's eyes are rolling further and further back upward.
Chinese consumers currently are those who had lived thru tough times and so they spend prudently. but their children lived in a time of plenty and so they will become like the US consumers, spend like there is no tomorrow. anyway, China can easily just use those surplus funds to fund all kinds of R&D, fancy infrastructures, built exotic weapons, ships and more futuristic transport systems. then, the population will become smart and sophisticated, they must not give away money like the US does, this only make the population lazy and dumb down.
Let California, Texas and Arizona merge with GREATER Mexico. What will US companies who relocated to Mexico do??? Those companies will fold
F that... Az and Texas want nothing to do with that. We do, however, support Ca leaving the the USA. Take NY, Washington, most of Oregon too
All those territories are Mexican in the first place. Mexico should officially reclaim them back.
so mexico gets back land that was stolen from them!!!!!
Fracking is a very expensive process. Saudi Arabia oil extraction is the cheapest in the world and on single digits. Fracking in the USA, will cost them more than what we do in Canada. Mexico and China are in talks even before Trump's tariff. Mexico can easily send food elsewhere. John Deere corporation are making it in Mexico and screw Trump bringing back Deer manufacturing the USA.
These tariffs on Canada, Mexico, and China aren’t just punitive in nature like the one threatened against Colombia, these are structural. Trump is laying the groundwork for a trade settlement system using tariffs to balance out trade deficits as much as possible before its full implementation.
Rebalancing trade relationships will require time and will initially focus on major trading partners as we are currently witnessing. Addressing trade imbalances would be the first logical step prior to transitioning to a new trade settlement system. As implementing a settlement system while significant trade deficits exist could rapidly deplete reserves.
This also explains the current geopolitical and economic pressures the U.S. is exerting on Europe. The U.S. is pushing for increased purchases of American oil and gas by European countries, and Trump confirming earlier today that tariffs are coming to the European Union as well. This strategy places Europe in a position reminiscent of the WW2 era, where it was heavily reliant on U.S. goods and resources. Such dynamics could lead to a drain on European reserves, thereby enhancing U.S. economic leverage and reinforcing its global influence.
Add to this to the large abnormalities we are currently seeing in the Gold market with Gold flying out of London vaults and into the U.S. and it all starts to make sense.
Time will tell, but the pieces are coming together.
You have a everything bubble. Your housing market is worse than in 2008 and the Mag 7 companies got completely destroyed by China unveiling DeepSeek and line of functional robots. The world is going to ditch the US dollar as the worlds principal reserve currency for BRICS new currency.
He literally stated the word manifest destiny, I believe we are gonna see a invasion of Venezuela
Both Canada and Mexico need to find new markets. Being too heavily dependent on the singular US market will always leave you in a weakened state of vulnerability when it comes to weaponized US trade policies.
Leaders all over the world fear they will be assasinated or the war will come if they do not obey Washington. The odds of a leader being deposed, dying or war are almost 100% since 1950 or so. The US has created 202 wars since 1950s and even more leader removals. Aligning with honest larger countries like China and Russia is really the only current way of not being controlled by 3 letter agencies in Washington. When leaders do really stupid things you can be sure that leader was visited by the CIA or other enforcers.
It will be interesting how long these tarriffs and tarrifs on other countries stay on, before we see a GFC.
This is going to be a bad year. Happy Chinese New Years Sean.
Time for Canada to join BRICS 😆 along with mexico.
Sippy cup? I take out the cigar and cognac.
Canada diversify? That would require leadership. Anyone think they are going to get that from Trudeau?
Or Pierre.
They are not going to have much choice. This bully is a looney and wants the whole world come down
1st of February will go down in the history books as the official start of the collapse of G7 and western ‘’partnerships’’.
Let gold rise 💯💯💯
The drugs must stop.
Hi Sean, greetings from Australia. President Trump is digging a big hole very fast to bury the entire USA economy 6 feet underground. Meanwhile, China and Russia are sitting back and watch "Never interrupt your enemy when he is making a mistake." 🤣🤣
Yeah,but we're gonna go down the Shitter with em Mate.
@@blacksheepnonconformist.8900may sucfer a bit but not going dow.
2:44 ... not only oil but electricity too we sell it cheaper than what we buy it from our gouvernement it's a joke..
What ever happen to the UsMCa free trade agreement?
Exactly. That was a treaty and changes to it should be negotiated.
Remember Trump's first term? He doesn't care
Ever seen US keeping its word??
Northcom. Canada and US joined at the hip.
Gday Sean
Australians are screaming too.
🇦🇺🍻
Great work Mate