Trump tariffs latest: Canada, Mexico & China respond | LiveNOW from FOX
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- Опубликовано: 8 фев 2025
- President Donald Trump wrote on Truth Social, "The “Tariff Lobby,” headed by the Globalist, and always wrong, Wall Street Journal, is working hard to justify Countries like Canada, Mexico, China, and too many others to name, continue the decades long RIPOFF OF AMERICA, both with regard to TRADE, CRIME, AND POISONOUS DRUGS that are allowed to so freely flow into AMERICA. THOSE DAYS ARE OVER! The USA has major deficits with Canada, Mexico, and China (and almost all countries!), owes 36 Trillion Dollars, and we’re not going to be the “Stupid Country” any longer. MAKE YOUR PRODUCT IN THE USA AND THERE ARE NO TARIFFS! Why should the United States lose TRILLIONS OF DOLLARS IN SUBSIDIZING OTHER COUNTRIES, and why should these other countries pay a small fraction of the cost of what USA citizens pay for Drugs and Pharmaceuticals, as an example? THIS WILL BE THE GOLDEN AGE OF AMERICA! WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!). BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID. WE ARE A COUNTRY THAT IS NOW BEING RUN WITH COMMON SENSE - AND THE RESULTS WILL BE SPECTACULAR!!!"
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In what world do you give ally Canada a 25% tariff and enemy China a 10% tariff. This is insane.
China already has a tarriffs on them so its additional perecentage
China tariff was already high, while the canadian tariff was extremely low. These countries have been taking advantage of america for years
The 10% is in addition to existing tariffs on China, with some items already at 100%.
@@ManilaTom canada has been taking advantage of the us for years
Bam Son
Thank you FOX news for keeping Americans poorly educated.
0:38 at least they said the truth about who did the trade agreement
yes but highly indoctrinated. North Korea studies American Media for tricks
@icyblitz yaaa.. ahahaha this is a fake fox news,, ahahahaha
@@BrasilSurreal What was fake? LOL Do you keep up with the worlds news?
Google TARIFFS AND GREAT DEPRESSION!😮
U.S. drug overdose deaths hit 112,000 in 2023, with 70% linked to fentanyl.
Canada accounts for
Yup.... but facts don't matter do they to Dumb and Dumber.
Should be 0 what is so hard to understand?
obviously the goal is for the billionairs to buy companies and real estate when our economy tanks and lift the tariff's before their new properties go under
@@daoneils3783 do you have a brain? 1% is almost nothing.
@@daoneils3783are you just dumb or something?
Billionaires are cheering. After the crash, buyouts will be cheap. Just like prior to the Great Depression.
But what about that lady who could only afford 2 apples instead of 3?
After the crash? Are you talking about when Biden made everyone homeless by crashing the economy?
They shorted the market. They're banking on the crash, literally.
When a clown moves into a palace, he doesn’t become a king. The palace becomes a circus.” - Turkish Proverb
The clown has already been replaced))
@@trumpeldorf Amd you Sir, win the "Donkey of the Day" award smh
You dont know trade deficit
Elect a clown, you get a circus
Very true
Well the only reason why americans pay so much for products and drugs is because of the US corporations, and not because of the high costs of producing those goods. The corporation are usually paying cents to produce in poor countries and then sell the products for a lot of dollars in US.
Thats untrue the US just over price.
@@Clickerk9 and is going to be more over price
finally someone who is educated
US subsidizes the R&D on drugs. That's why you're not allowed to buy the drug for a fraction of the price from Canada. If we all do that the racket doesn't work anymore and they have to raise prices everywhere. Now why do WE get to pay out the ass for this instead of other places? I don't know how that was worked out, and I don't like it much. I think it'd be fair to share the burden around the world if everyone else benefits from it anyway.
@@anonamatron
you dont really subsidize anyone.
the reason you pay more than anyone else is unregulated capitalism. the rich there are allowed to set whatever prices they want. and your government(specially drumpf et al) make laws forbidding you from buying from elsewhere.
What's the math? Americans spend $1,439 per person on Canadian products; Canadians spend $10,998 per person on US products. I think someone is benefitting and that's not Canada. The only reason the US has a trade deficit is because it is 8 times more populous than Canada (335 millions vs 40 millions). That man is just stupid; I can reason why people are frustrated with the current system, but that man is not the answer to resolving anything.
Not only what you said, but if you remove energy (electricy and gas ) It is actualy Canada that has a trade deficit with the usa. (and by a large margin like 200 million +)
Too bad y'all didn't run for president :( lmao you love to see the losers complaining in RUclips comment sections. Enjoy the next four years commies!
Agree 100%
Very interesting comment about per person. . I never thought about it that way…. it would be nice if some of the commenters on TV noticed that.
Resolve or make things worse? By making things worse, is he benefiting from the choas?
I'm confused. Trump is complaining about the trade deficits with Canada and Mexico and he's the one that negotiated their trade agreements. Is Trump finally admitting he sucks at negotiating?
I mean, he's an idiot. What do you expect.
He's a businessman, he's not a statesman. He simply thinks he can run a country like running a company. He will learn that countries are not companies the hard way. Until he does, tax payers will suffer.
@@_vercingetorix_ He did go bankrupt 3 times and he did add 8 trillion dollars to the debt so it's pretty clear he sucks as a businessman too
NEGOTIATING???..., HE IS THE BEST. HE HAS A BIG BEAUTIFULLY FAMILY and HE is a SUCCESSFUL PATRIOT/BUSINESSMAN.
@@julikocaribe1982 If he's the best why is he complaining about trade deficits with Canada and Mexico on trade agreements he negotiated? Are you on drugs?
Because of politicians, we've been getting screwed for years.
But who voted for them? Who gave them this much power?
At least the last 100 years.
@@62Cristoforodoesn't matter.
@@jfholsoat least 1000 years!!!
And our children pay,.it is better to make things better now then for our children having to
Placing 25% tariffs on imports from our two biggest trading partners and closest allies, Canada and Mexico, along with Britain is just plain stupid!
Really isn't considering the drug flow and illegal immigration flow both Canada and Mexico have done nothing to help stop. If they wa t the tariffs gone its simple like trump said help at the borders and secure them from their sides
@@scythixx7what drug flow is coming in from Canada? What percentage? Which drugs?
@@scythixx7 Less then 1% of illegal immigrants and fentanyl in the U.S comes from Canada. Try again
@@scythixx7 Are you really that dumb? How are tariffs (that will ONLY penalize the US consumer and working man) going to have any effect on the insatiable thirst the US for drugs and cheap labor?
@@scythixx7thank you!!! It's a shame others are too stupid to realize this!
Funny, I literally feel like the dumbest country on earth right now.
feel he same!! SHAMEFUL ..MACA making america cr*p again.. they warned us
We are, we are
You are.
Really.
No it’s just you
You must be Canadian.
Well done MAGA - you just made housing and everything in it more expensive. Canada won't change the price of lumber because they know the US is reliant on their lumber for housing construction. Same with China, Americans are heavily reliant on goods from China for everything from cutlery to phones, furniture etc.
The tariffs are completely illegal. The fentanyl is not linked to trade. These are just the mad and illegal rash actions of a man who is not suited to be president. Take them to the courts. Force them to stop before they start. Just my opinion.
Because the Fords have run Ontario for a long long time now and their family business partially operates out of that province too so that they can get their cut.
@@H.A..No they haven't, it was 12 years of liberal rule before Ford came along genius. His brothers was just mayor of Toronto
Man sit back and watch
its not going to happen OverNite the left has sunk our country give it time
dont know where your reality is at time to bring it all back.
Crash the market, stocks plummet, billionaires buy low and sell high. They win, everyone else gets hurt.
I'm not a billionaire, I buy low.
Might I recommend that you also buy when the prices are low?
I knew this was going to happen. On Friday I sold my long index positions and bought short leveraged ETFs. I will immediately be in the black at the market open, sell at some point Monday and decide if easing in long or staying short is the path. Given the retaliatory stance by Canada and Mexico it may be wise to remain short. It’s not just the rich that know how to play this game.
Of course there is the chance that something happens overnight and this blows up in my face. I have cash reserves to offset that possibility.
Already happening
@Richard.Cabeza you’re also not educated
Anyone who listens to Fox News with any sense of knowledge, will understand these tariffs will affect the average American. If you actually believe they want to stop fentanyl coming from Canada into the US, then it will only stop one percent. Probably more fentanyl is produced in the States than what manages to get through the border from Canada. You may think you will not be affected, but agricultural products, including grains, potash, oil, lumber, wood, cement, minerals, aluminum, uranium and car parts all go through the US border from Canada and will be taxed, that tax will be passed on to the consumer. US cars will cost an average of three thousand dollars more in the US, washers, dryers anything with aluminum will cost you more. Cell phones. Lumber tariffs will be passed on to consumers, so building a new shed or a new home will cost you a lot more. I won't even get you more worked up if I tell you about the retaliatory tariffs that Canada has imposed on American goods coming into Canada. Mostly, jobs will be lost. Sadly, on both sides.
Donald Trump, the ultimate grifter.
Yep. Businesses will eventually be forced to close because of this. Leaving even more of the consumer marketplace open to large corporations, which already dominate pretty much the entire nation. Whatever small businesses and family owned farm operations still exist... They probably won't for much longer.
Prices are always going to go up everytime the only thing you can do is make more money
@@terrapinflyer273 globalism killed more businesses, and communities than anything. This actually creates huge opportunities for new business in the states, and all will increase demand for existing businesses. Very short sided comment.
@@terrapinflyer273That is the repub's in power exact objective
why is ford even in Canada when the governments bail them out every ten years
It is called the auto pact, read about it and enlighten yourself.
Ford is the lowest quality vehicle ever. As a mechanic, they keep us all in business.
No Loyalty
@@wrxs1781 the Canada / US Auto Pact ended decades ago... read about it and enlighten YOURSELF.
@@wrxs1781 why dont you stfu and watch these tarrifs work. buy aerican fk everyon else. they gonna see how much america babys all these other countries. that shits over
A billionaire is telling me I've got to suffer for a while.
Folks. I'm callin' it. We've been had.
No. Sorry..... 165 million Americans knew what was coming and either voted Dem or stayed home. Its MAGA that got had. But many of you are still cheering him on
When you find out how much the B.I.D.E.n.regime has been sucking you dry you'll really be made.Billions have been funneled out the back door. Watch Barry Cunningham he had a whole show how we've been taken for chumps by the last president in office.
@@giri37 Do not lump the people that stayed home in. They are just as responsible for the situation we're in now.
Nah we're not. If we don't feel represented by either then we chose not to vote. It's nice you had the privilege of feeling heard and supported and chose to vote but acting like we did something wrong is wild@@Daisika
@@kiddchris9579 Normal adults know you can't always get everything you want. You refused to vote because of this or that issue, thus enabling the US to move towards fascism full gallop. Was it worth it?
Tariffs do drive up prices. No question about that economic fact
You’re assuming Americans can understand basic facts
It will drive up prices but all the factories in Canada and Mexico will be moving in U.S so there will be more jobs
I think the open question is; how much of a price increase people are willing to accept for the sake of a national project to strengthen the economy.
@mkjang1894 No. Tariffs will make corporations LEAVE the US for nations with less trade barriers. Jobs will be lost.
You’re assuming Americans have to buy Canadian products, which we don’t, problem solved.
Trade wars are devastating. People will suffer the consequences
There are always trade wars, you just don’t hear about it. Many of USA goods have tariffs in Europe and other places. USA is the one on the short end of the stick usually. Time to end that and have a level playing field.
@@lizhorton5333 you wont have anything left by then............sorry about your luck
@@Lickyluckymushroomsure professor know it all or are you also clairvoyant
@@Lickyluckymushroom Imagine thinking that the US needs Canada more than Canada needs the US.... lmao
@ We’ll see. I’m putting my money on Trump. He’s a lot smarter than people give him credit for and he is surrounded by brilliant people this time. He learned his lesson last admin, not to trust the Swamp creatures in government.
I’m a U.S. citizen and I want to say that Cheeto Rump and his Minions do NOT reflect my political, economic, or moral views! It’s so sad to me we’re treating our neighbors this way! 🇨🇦 🇲🇽
Our neighbors that screw us over every chance they get, take advantage and flood our country with dangerous people and drugs? Yeah no thanks. We are not friends. Any country that is not helping us should not profit from us.
Thank you. Respect.
:))
@@WiseChild1987 our neighbors suck. Mexico is ran by cartels and Canada is overrun my tyrants
Then you can leave buddy
I am an American. I'm all for made in USA, buy USA, etc. But I see no reason to insult other countries. Actually being strong makes you strong, not by insulting others.
Yeah threatening to collapse your neighbour's economy is way past the "insult" territory, unfortunately.
The "Made in USA" label is about to become much expensive since those products have a lot of their parts made in México, or most of the product is ensambled or its materials come from México and then finished within the US. Auto parts, building materials, metals like silver, aluminium, copper and food is about to become so expensive now.
It's because your president elect is a child in a man's body. Who talks like that ? My 5 yr old granddaughter has better English than he does.
@@invader2867repeat this explanation slowly to the MAGA NATION 😢
BEAUTY answer. Sad Canadians here. Thanks for your wisdom. JMJ
People complaining about possibly paying more for some things, not giving one crap that child labor and VERY underpaid people get them those low prices. Nice. Real nice.
you will complain soon enough
I thought Americans loved the idea of half-naked little children working like slaves to make all their favorite products.
@@ElliotHard You will complain for the next 4 years. Clearly.
I buy American made only now! The Chinese crap isn’t much cheaper because yes they pay their employees basically nothing but they still sell at a high price because they want as much profit as they can get in their own pockets! The Chinese will make something for 1c and charge $10 while American companies make the same thing for $5 and sell it for $12!
You made sure Europe, Canada and Mexico have tariffs on you dumb dumb so even if you want to buy from qualified workers now you cant without paying 25% more
No matter who you voted for, you'd recognize this as a lose/lose. Consumers ALWAYS pay for tariffs, not other countries, nor businesses. It's always the consumers. I like a lot of what Trump is doing, but this move makes no economic sense. Canada fought alongside the USA in both WWII and after 9/11, amongst many other disastrous events, most recently the California fires where Canadian firefighters are STILL present. It's the greatest alliance in the world. Not sure why it's being toyed with.
If this ever proceeds into an actual tariff... I believe it will back fire on trump... I dont think they want it to get that far.. there is a goal here I'm sure.. we aren't being told it yet
You like a "lot" of what Trump is doing? After getting cancer i like a "lot" of what the doctors are doing (which ultimately means nothing if the disease takes me out) smh. Just wow!
I’m no Kamala advocate but are alliance is being toyed with mainly because of trump
#1 We pay billions of dollars to protect Canada
#2 We give billions in Aid to Canada
#3 US and Canada are not equal partners, we get the short end of the deal everytime
Canada’s currentl eader Trudeau has had his own population screaming at him for years to do all the things that would indirectly also secure the border for the States.
This is his fault not Trump
How about all the guns sent to Mexico? Should he also demand its stop? Cartels wouldn’t have the power without guns, so it’s part of the root cause
Well, Obama is no longer in office, so...I'd say that number is already much lower since.
Exactly look up operation fast and furious probably the most idiotic idea from obama @andaimhineach4131
Blame Potato head
🤦
Guns?! Most guns in Mexico come from Eastern Europe
It’s clear that having a solid passive income is key to staying ahead of inflation. I got into investing and lost about $100k, but thanks to Mr. Rahul Gupta, I was able to recover that loss. Now, I feel much more secure. As for the Trump policies, they no longer affect me much.
Wow, I’m a bit surprised to see his name mentioned here as well. I didn’t realize He helped so many people-this is amazing! I’m currently on my fifth trade with Him and so far it’s been going great.
He’s not only my family’s personal broker, but also serves as the personal broker for many families across the United States. He’s a licensed broker and a FINRA agent as well.
You work with Rahul Gupta too? Wow, he’s truly been a blessing to me and my family.
Donald Trump is trying to make everything difficult for we Americans sadly, guess i also need to consider having a passive income source.
@@peterwins1211 I was skeptical at first, but I decided to give it a try-and the returns have been amazing. I honestly can’t say enough.
You want to impose tariffs on goods coming from canada and then you expect canadians to buy americans goods ?
Yes. You do understand your coke, eggos Heinz condiments, Pepsi, General Mills etc are all American right? Now do the same for Canada to the USA
Canada been hitting America with tarfis for 6 years....Canada signed a contract to get GDP up and they came in dead last leaching of are military . Usa has been keeping Canada safe ,from big scary militarys out there.
Enjoy recession
@@trumpdrago517 , actually, when Canadians eliminate those toxic products sold by the US food industry, their healthcare costs will be significantly reduced. Americans should do the same, and switch to the soon-to-be much more expensive fresh produce from Mexico and elsewhere.
Absolutely!!
If the world responds with DON'T BUY AMERICAN PRODUCTS, this could really backfire in the long run.....
How so?
Yeah you're right. Raytheon and Lockheed would stop making record profits.
It's a double edged sword. We can't keep relying on cheap foreign goods. I don't understand why people keep rooting for China and other countries to retaliate especially Americans themselves. Like dude you live in America. You shouldn't want this to backfire. As much as I hated Joe Biden I never wished that he'd lose to other countries just so I could prove a point that he was a bad president. Everyone's become so backwards.
We make weapons and produce.... Get real
@@bananabishop Really...? Hypothetically, if the world at large decides to stop buying American product because your potato of a president decides to single handedly destroy goodwill and free trade across the globe with the US, don't you think that is going to hurt your economy?
Or are you so naive that you think MURICA can go it alone?
Whoever said that American is not the stupid country is absolutely wrong 😑
I'm American and I promise you. I knew the moster he was before he won the first time. He's a clown.
Were not all stupid
@@elishebaberry5719We aren’t but why do we have to go along with this BS? They need to take his ass out of office right now before he starts WW3. Damn, it won’t really be a WW because it will be the whole world against the US. Do we have any real allies, maybe Israel, maybe?
democrats are the only stupid ones
Maybe America needs to do something about the drug users in the country. Addicts are going to be addicted despite the tarriffs. Maybe focus on treatment or prevention options.
Drugs are an american tradition.
It's not profitable for them, so of course they won't, and worthless Fox viewers will all parrot that it's a "Free handout" helping someone get off drugs. Even though what you're saying is entirely rational and exactly what they need to do, they won't do it. It's the exact same reason the US doesn't have things like light rail or other, effective public transit options. Not enough money to be made for them, and making it profitable hurts american businesses that benefit from a lack of public transit so it's "bad".
"We dont need anything from Canada" " Canada should become the 51st state" two controversy phrases in the same sentence
I think California, Oregon and washington state along with New York and Minnesota will join Canada and make them into 5 new provinces
Bye
I heard Trump say California needs Canadian water.
Americans never deserve friendship
Both Canadians, and Americans are going to pay the price for this senseless act.
Tell that to MAGA
As a American I don’t ever remember having to buy anything from Canada. They should have secured their end of the border better and this wouldn’t have been a problem. Ask anybody that owns land along the northern border they pick up people illegally crossing on trail cams all the time. Not senseless at all if you took more than 10 minutes to analyze the situation.
@@daoneils3783as an Australian, how the heck are you having this fight with your best friend? Don't you have real enemies; like terrorists to fight and China, Russia, Iran, and North Korea to beat?
@daoneils3783 just because you don’t drive a car doesn’t mean most Americans don’t. Where do you think a bunch of your gas comes from? Do you heat your home with gas? Guess where that comes from. Just because you weren’t aware of all the things that come from Canada to produce things that you buy doesn’t mean it’s not true. Let’s face it. Americans have been living in a fantasy world as sheltered children with no education about anything. You don’t know because you haven’t been educated.
@@welbyroberto6581 Maga is not smart enough to comprehend this.
If there were no buyers of drugs there be no sellers.
So it's our fault. Got it.
@@bennymae1 well the Americans are the ones consuming the drugs
@@bennymae1 Yes, it's America's fault that America is addicted to fentynol. Now you understand.
100000000000000 % true
Exactly. I'm sure with the money made from the tariffs he will focus on treatment centers for our citizens so we can get them off drugs.
With him at the helm? Absolutely, we are the stupid country!
I just returned from Costco and Walmart, both raised produce prices to prepare for paying tariff prices. Avocado by 15% and sweet pot from ,85 to $115. #3 lbs of broccoli by $1. Anyone who thinks using tariff this way has a poor understanding of tariffs. The middle class and poor will pay them and rich will get a tax break, Trump has made over 6 billion $ since being elected Nothing has been done to bring prices down.
Avocado's can be grown in the states.. I literally have 2 in my backyard right now and I'm in florida
@@scythixx7 How long will it take to compensate? In the meantime the poor and middle class suffers. the billionaires get richer. This is what you voted for.
"We have all the oil you need" Does he really not know that our refineries cannot refine the type of oil we currently produce? We import oil from abroad because that is what our refineries can handle, while at the same time exporting the oil we produce.
Well if we have all of the oil we need, that oil did not suddenly appear in the last few weeks. So why is gas so high again? What a stupid country!
Canada should shut the water off.
And the electricity
and oil...
Conflating Canada to Mex and China is ridiculous. We're the biggest trading partner and also the only one who has fought shoulder to shoulder with you in every world war and Afg. I love the US so hopefully they will be reasonable soon.
Apart from Danielle Smith, Canada has weak leadership that represent our country poorly.
Trump thinks anyone who dies in a war is a loser.
Mexico and China, like Canada, have the same right to stand up against an authoritarian, criminal grifter. We all have our own dignity to defend as persons and citizens of our respective countries. Rather than throwing Mexico and China under the bus, Canada should drop the attitude of superiority and present an united front against a common threat
@@matildegentile8165 i'm an american I couldn't agree more
Remember when his first term we tax payers had to bail out farmers because of the tariffs? Probably not right because some people are too blinded by hate.
Right. Just look at the comments. The rubber band will snap back eventually though.
I'm not sure if Trump supporters are informed enough to be aware of this
@rogerthatoef9506 And not all of them were able to weather the storm. Very sad.
How much $$$ was collected from the tariffs, vs how much $$$ was spent to "bail out" farmers? Do you also object to the $800 billion we the tax payer funded, Troubled Asset Relief Program to bail out globalist financiers in 2009?
@@joeyoungs8426That's something that's been going on for decades now. Farmers getting screwed royally in one way or another.
Well I hope the U.S. likes black outs since Trump doesn't need our electricity I guess. His entire Eastern seaboard is powered by Canada's electricity and when the US is tired of rolling black outs dropping the tariffs is NOT ENOUGH. A formal public apology from Trump in the Oval office would be nice. As far as military retaliation goes, we have a saying up here: the enemy of my enemy is my friend.
Yea that wouldnt happen, thats grounds for an invasion.
You're right dear, how are you doing?
Bad news MAGA. Price of Modelo and Corona are going up 25%.
WE'RE NOT STUPID......OUR DICTATOR IS.
Well...we ARE stupid for allowing him to win ( Democrats...like me).
You may need an economics class. Revert back to 1990 before NAFTA and America gave up its u ions and outstanding jobs to Mexico China. You won't be spewing garbage as this move cause Americans to buy American in return brings manufacturing back and those High paying jobs we gave up under Bush and Clinton Wake the fk up
Dictator?
@@cprdnr "Well...we ARE stupid"
@@cprdnrbecause of you democrats that the reason we keep bending over for other country....your party doesn't even know what a woman is.
MAGA Before Trump Became President Harkonnen: Of course we are voting for him. These gas, egg, and food prices are insane! Have you seen our inflation?! We need Trump so that those prices go down, it is only common sense!
MAGA After Trump Became President Harkonnen: We have absolutely no problem with paying more for gas, eggs, and food because DEI is the real issue.
We don't want to be the 51st State in a Republic of dysfunctional states. And we don't want your protection. Stuff it Trump!
xD goofball
and your president is SOOOO much better...lmfao
RIP Harbour Freight.....
I work there lol
Hobo freight
Gonna have to rebrand as Domestic Freight
Harbor freight is great for tools. Worked well for me and still do
Nooooooooooo
Once Trump is done destroying America, it might be cheaper to use the greenback than buy toilet paper.
A tariff is an extra charge on “not made in USA” store items you buy. The bad part is: same things made in USA will also go up in prices, to be competitive.
However this will not fix the illegals, drug issues, and US government’s arguments over unfair expenses in their trade agreements. Which is being used as the excuse to increase store prices, cause inflation and gouging.
You forgot to add, "In my opinion.
@@RandyLeverett-jm6bw In my opinion, those were facts.
@@RandyLeverett-jm6bwno it’s not an opinion, that’s just how tariffs work.
The tariff is to annex Canada.
@@RandyLeverett-jm6bwin my opinion, what he’s saying makes perfect sense. Also, in my opinion, the truth might make you uncomfortable
Just looking at the math, tariffs would only net us about $100 Billion a year. But that’s only IF there was no retaliatory tariffs from those nations. We now know they’re going to reciprocate.
That 100 billion will need to be paid by the US consumers, not going to be paid by anyone else.
This is like watching the Three Stooges! 😬
Up Yours Donald from Canada 🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦
It's EVERYBODY ELSE'S FAULT ABOUT THE DRUGS BUT WHAT ABOUT AMERICANS TAKING RESPONSIBILITY FOR DOING AND BUYING THE DRUGS ?? AMERICANS NEED TO START TAKING ACCOUNTABILITY FOR THERE ACTIONS !!
Yes, It's the DEMAND that is the real problem; Americans have such a huge appetite.
@@cprdnrYou seriously don't know what you're talking about. It's everywhere. Not just here.
Ah yesss it's the american people's fault for getting addicted to highly addictive drugs that are being poured into the country.
You realize that he just made this all up as an excuse for his criminal activity as usual. He's a liar.
@@JeffreyAdams-wl5ng fentanyl is mainly a US issue
Trump is such an idiot! Don’t put tariffs on Canada! We love Canada and they are one of our best allies!! What a fool
The comment section is funny. Everyone is an economics genius apparently.
No, just smarter than Trump which is not difficult
Its amazing how clueless some people are... although I even think these %'s are outrageous by the Trump team.. i can't truly believe they want to proceed with this
Reading comments shows me that Im surrounded by morons that support a president that works against their own interests.
What a sad bunch of idiots Americans have become.
I feel the same way
You're not alone. I am the same way. I knew all this time that another Trump reign would be awful for America. He's more worried about semantics and goalpost shifting than actually addressing the real problems. He's no different than the Dems on that front. The real problem is our infastructure has been allowed to be as greedy and scummy for far too long, and now that they've been paying our government billions of dollars, the government is forced to listen to them.
anything but a female president sure backfired this time lol
Make your fentynel in America and there won't be tariffs.
Get ready for the stock market to crash
He needs tariffs to find his promises to the Americans but the Americans will suffer with higher prices due to added tariffs.
WERIED TRUMP TALK ABOUT DRUGS COMING IN. BUT HE DOSENT TALK ABOUT THE MILLIONS OF AMERICANS WHO ARE ADDICTED TO THE DRUGS, WHAT ARE YOU DOING ABOUT THAT?? WERE IS THE HELP THE HEALTH CARE TO HELP AMERICANS GET OFF DRUGS
The drug supply into the US is solely a demand issue. The demand will not change unless something is done in the US ? If some countries tighten up on the supply of illegal drugs and /or their component chemicals - then others will fill the gap, quickly. Tariffs will do zero here.
or the drugs and guns coming from the US into canada. look that one up
I'm confused Wasn't America who left there border wide open...lol and now complaining about the drugs flowing through...
@@Sidewinder-xtx-146 also trump isnt talking about drugs going out. 10x more fentanyl is seized entering canada from the usa than entering usa from canada.
He’s going to jail them and make them work for free.
The funniest thing is canada and mexico thinking they have a leg to stand on! LMAO
Trump’s stupidity on full display to the world.
He already won with Mexico and Panama.
No, Canada does not own part of the U.S. energy, but it is a major supplier of energy to the United States. Canada and the U.S. are each other's main source of imported energy, and the two countries have a complex energy trade relationship.
Energy imports from Canada
Crude oil: Canada supplies about 60% of the U.S.'s crude oil imports.
Natural gas: Canada supplies about 99% of the U.S.'s natural gas imports.
Electricity: Canada supplies about 85% of the U.S.'s electricity imports.
Uranium: Canada supplies about 25% of the U.S.'s uranium imports.
Energy trade between Canada and the U.S.
In 2023, the value of energy trade between the two countries was US\$153.7 billion.
Canada has a year-on-year surplus in energy trade.
Canada's energy exports make up about 27% of all merchandise exports to the U.S.
Energy infrastructure
Over 71 pipelines and 35 transmission lines cross the border between the two countries.
The Eastern Interconnection allows power to be exchanged between the two countries.
Hurry up! Somebody tell Trump this! (Thanks for the info.)
this makes way too much sense - Americans will not understand this
What a mess
No one is going to trust us if this is how we treat allies. One thing helped keep America strong is our alliances.
Less tariffs of China because that would impact Tesla. See? That’s why you buy a President.
It is an additional 10% on top of current tariffs- so it isn't less.
@@shemp1howard 10%+10% is 20%...still less than the 25% imposed on CA and MX.
Stupid comment.
Grocery stores in Canada have begun to label products that come from canada.
America is not stupid. Mr. Trump is!
Sorry whoever voted for him goes under that category stupid
They were stupid enough to elect him
I'm not so sure...
They voted for him even after he told them what he would do...
Trump...smarter than Nobel Prize winning economists.
This is the same guy that bankrupted a casino.Let that sink in maga.
Trump should go retire
fun fact: South Korea and Us has a free trade agreement. SK also makes billions from the USA. Trump never complained about that. Why?
Because it’s much easier to see Canada on a globe than tiny sk?
Because he has little chance of accessing their water and resources. That is his endgame with Canada
I can't keep your phone turned on, or pay bills, but a billionaire is telling me that I will suffer for a while?
I'm thinking we've been had.
Our non tariff trading partners will enjoy an increase in business.
like venezuela and iran?
@jfar3340 yes.
you're forgetting one thing you will have no friends
Yes get a DOG..
they only like our money, not us.
A friend who is only a friend when you have money is not a friend. A third grader knows this. But you are blind and foolish.
And other thing. Europe can fight WWIII on its own. Don’t expect the common man of America to bail you weak people out for a third time.
No friends, some friendly aquientences (if it benefits them)and enemys. That's reality
Many of you are willing to pay more ok goods now to make America Great? Then stop complaining about the egg price…. Gosh!
Those chickens are angry democrats going on an egg laying strike .
Meanwhile in Canada, We pay 3.29 a dozen...And we export many many many eggs to the US....
People think this is just goods. We get our electricity in the midwest from Canada, we dont produce enough for the country nor the data centers for AI now. This impacts our LNG exports too. Worst of all is the timber prices for wood imported from canada, we cant grow trees quickly people, we go to other coutnries for timber, this impacts housing costs and housing is already the stickiest inflationary piece in CPI. Less home purchases impacts all sectors and goods that would come with a home purchase. Feel bad for Scott Bassent having his job overrode by Trump.
What a load of BS
Great job MAGA. We are heading towards a Great Depression. When you lose everything you’ve ever worked for just remember that Trump and Musk will always be able to afford groceries and fuel, but you won’t. Hope you get everything you voted for and more.
He's cutting income tax right? That means the people working and with money to spend have more of it to offset the tariff costs. In the meantime, the extra cost associated with importing, rising Chinese wages, and tariffs make U.S. manufacturing attractive. Looks like he will "fuel" all of this change by increasing fossil fuel output. The world is changing fast.
Finally an intelligent and well thought out comment.
@@edeter2260he is cutting taxes for the rich, not for you peasants.
No, he isn’t. The only people getting tax breaks are the extremely rich, multi-multi millionaires, and billionaires. And you’re not one of them. So wake up to reality. You’re all getting screwed by Trump, your saviour and hero. He conned you. Admit it.
@@edeter2260 You have to be sarcastic or you don't know intelligence.
The world isn't changing, fast or not, it's Trump lovers coming out again because he's the president. Why complain about China? Trump pays millions in taxes to China every year when he pays none in America. He took his daughter to China so she could sign trade registration deals to profit from exports to America. Trump can't do that as president, so hey, his daughter is a White House employee.
Then why am I paying more for gas and groceries from Monday?
I don’t want to pay the price.
It's time to pay, now or later
@ , we are talking about the US government.
We are paying now and later.
So make things more expensive to address issues not related to the economy. Genius!
That is how tariffs work my boi.
Babe, we've been getting screwed for a long time. We HAVE to stand up for ourselves.
Listen boy, tariffs are vital to keep our economy robust AND independent from foreign influence. Stop masturbating and read a little
China should start charging tariffs on Teslas manufactured in Beijing
Anyone understand that they can ignore our markets and trade with each other.
Yep, Canada and Mexico will deepen trade relations with South America as well as Australia and the EU. That should suffice to substitute the US as a market for their products.
And we will. Goodbye America!
@@bjornm.1121stuff IS becoming expensive in México because México doesnt like american dollars i don't know why people Say México IS cheap
Oh, like a co-op where everyone lives off the land and you start to trade your labour costs for your neighbours old boots? Yeah, sounds great.
@@GregorioLopez-z7g And still Mexico is going to expand trades with other economies now. Wonder who the U.S. is going to deepen trade relations with. As far as I see, most others are afraid of U.S. trade relation's that they might back on them. It will be tougher for the U.S. economy than for the Mexican economy. Wonder, how much money was burnt due this stupid attempt at bullying Canada as well as Mexico. Wall Street might be closed on the morrow.
Ban cheap Chinese junk. Dollar store items aren't even worth a dollar. Bring back value in American made goods.
Ban our iPhones?
@cprdnr yeah they suck anyways
Will you work in those factories for low pay ?
When you've stopped your fantasizing, explain how that will be achieved.
@@poruatokin I work in American manufacturing. It's an employee owned company. Value of my work instantly went up 1000%, it's not a fantasy, it is my reality lol
FL and CA have to step up the vegetables. CA, let the water flow!
California is ready even though our government is trash most of the state especially the farmland is Conservative!
Absolutely,but don't limit idaho farmers ,it's their water first.
And, who will harvest them, halphwit?
Who's going to pick them? You? Me? Who's going to work in all of these factories that need to be built? We already have historically low unemployment. That Big Mac meal is also going to get a lot more expensive because wages are going to increase, though not enough to outpace inflation. Enjoy the ramen noodles.
He just flooded acres of farms in Cali....turning on reservoirs that was scheduled for later use
Bring all the manufacturing and more to the USA. Lets go. I'd pay more for US made goods. You have to invest in the United States and think generationally, not just right now. We got kids coming up.
Also prepare them to harvest the land. 😌
You do know that canada buys more finished product (and by a large margin) from the usa than the usa buys from canada. The trade deficit comes mostly from raw product and ALOT from energy ( gas and electricity)
He also told people he would lower cost of groceries and goods but they keep going up
No worries, the entire nation needs to lose weight 😊
It’s been like a week LMAO you’re an idiot bro. You gotta do things like this and fix the crap Biden and Dems did it’ll take time.
And will continue to rise after this
@ For a short time maybe yeah. Gotta break some eggs to make an omelette you Dem.
You mean, “dim.” Luckily, there are fewer and fewer of them
Feeling pretty stupid right now, I regret voting… I wish I lived in a country that isn’t constantly trying to make enemies with everyone.
FUN FACT on Trump's Canadian TARIFFS: We ALREADY had a 15% tariff on Canadian LUMBER which resulted in a $35,000 increase in the price of an average new home.
NOW, with the total tariff (YES, it was ADDED ON to the existing tariff) at 40%, the AVERAGE PRICE OF A NEW HOME WILL BE UP $93,000.
$93,000.
Think about that for a minute.
So, when you GO TO BUY A NEW HOME, make sure you THANK ALL YOUR TRUMP VOTING FRIENDS. This, versus the $25,000 subsidy Kamala was proposing will NET OUT TO A EYE WATERING $118,000 INCREASE IN THE COST OF AN AVERAGE NEW HOME FOR A FIRST TIME BUYER.
Does ANYONE think this will SOLVE OUR HOUSING CRISIS??? Anyone????????????? MAGA??????????????????????????????????????
The world was better off without Trump
Nah
@@tylerm2676 Yeah...even his mom and dad didn't want him. Quite likely the driving factor in his growing up to become a sociopath.
@tylerm2676 so are you a nazi or just dumb?
The tariff strategy have nothing to do with Canada and Mexico just so you know... it's a jab at the Federal Reserve who are now panicking to make deals with Trump. Someone showed that to me and it blew my mind how little I knew about what really is going on.
There is a reason for everything. Most will panic when they see this, but honestly if the economy tanks and prices rise even higher than what they are now, this puts the Red wave at risk of reelection. Obviously that is not what they want so I’m sure they have a goal here
The Federal reserve will have to counter inflation this causes. I hope you like huge interest rates.
There's more to the eye than people know. Human trafficking, drug trafficking money laundering, Canada is so corrupt it has to be stopped and shut down.
@@SpartacusSPQahhhh! So big corporations will be the only ones who can buy houses..?
@@SLJB8 Yes, the tariffs are an indirect result of the Fed holding interest rates at the current level. Trump wanted a cut and I believe he expected them to cave. He bullied them pretty hard his first term. It appears it’ll be no different this term.
I love the Wall Street Journal..
Why don't we as Canadians trade within our own provinces.
I will from now on will not buy American items...
As a result of this moron, the Federal Government is trying to work with all the Premiers to break down the provincial trade rules and restrictions currently in place. Which should have never been a thing in the first place.
Ok redhats, get ready to
PAY BABY PAY!
you realize you Americans are paying the tariffs when goods cross the border right?
@T-bone9 i think redhats are MAGA.
FREE ECONOMIC ZONE:EU,CANADA,MEXICO,BRASIL,JAPAN,KOREA,TAIWAN AUSTRALIA
Yes, that would be a powerful community.
Free trade agreements WITHOUT tariffs stimulate the economies of the countries involved. DUMB doesn't understand that. By the way, there is already an EU-Canadian free trade agreement, CETA.
@@anunciata Dont forget the UK
Make Wisconsin Maple Syrup Great Again!!!
Wisconsin is cheese.
@svtrader & some of the Best Maple Syrup you will ever have.
Great now our groceries will go up! Thought he was going to help keep prices down
Hi
The USA isn't a stupid country but this latest tariff on Canada and Mexico are the stupidest measure taken in the name of "common sense". Given the complexity of current global logistic chains, the American people are going to learn how painful is to declare a commercial war with its closest commercial partners and allies. It only shows that in some regards, PT is really off.
Canada? They rely on us
I voted for you but this is Fng stupid when it comes to Canada. They just agreed to spend $1b on border security. Only a tiny % of the fentanyl comes from Canada. That tells me that isn’t really the calculus here. You’re really making me question my support for you.
Thanks for your recognition that tariffs are bad for both countries. If you did vote for Trump, are you comfortable with 6 young (19-24) engineers working for Musk breaking into the Treasury's computer system, which has records of all gov't paychecks, tax returns, social security and Medicare payments, and more? Are you comfortable with Elon Musk having access to all of your personal financial and health information? If not, maybe you should let your representatives and senators know that Trump has already let you down, big time, in the short 2 weeks since inauguration. P.s. information on the takeover and 6 young engineers can be found on Wired.
He wants to annex us. Many here are terrified.
Hey he said he was going to do this, so why did you vote for him. Also most Fentanyl in the nation was brought in by cops. Like objectively so. Like the largest supplier caught thus far was a pig in a pig union. Love you admit he was dumb but goddamn, he said he was going to do this for months, along with all his nazi retoric about genetic replacement and ethnic cleansing
Ok
I can't even pay bills, but a billionaire is telling me that I will suffer for a while?
I'm thinking we've been had.
I hope you like paying more for gas, groceries and housing. Trump ran on lowering prices. I guess trump lied.
Trump ran on tariffs, the american people voted for self tax (tariff).
@distinguishednetizen5400 trump ran on reducing consumer prices. Tariffs increase consumer prices.
The consumers pay for the increase cost so why are citizens being punished.
That’s their punishment for believing a conman wouldn’t con them.
We need to restart Keystone and bring all Manufacturers back to America
Every country will join the Brics
BRICS vs America
Yes, They don't need the U.S. for anything anymore (somebody tell Trump "S" stands for South Africa, not Spain).
Bent the knee to China. What a disappointment.
What are you talking about
@@montanan1997 I believe he's referring to the 10% tariffs on China, compared to more than double that placed on our neighbors and allies.
I read a theory that this is to prevent China from circumventing our tariffs on them by going through Canada or Mexico, but I'm skeptical.
@@montanan1997 What witchcraft said is exactly right. China is our top adversary. We should be moving away from doing business with them, not giving them tariffs lighter than that of our actual trade partners.
@montanan1997 YT censors it whenever I say anything even remotely negative about C, but what witchcraft said here is pretty much spot on.
This is so bad... futures markets just tanked, and he's telling people to "expect pain?" This guy is a joke. Why would you tell people you would bring down inflation during the election only to tax us more? Not everyone is madly in love with this guy like he thinks, people will turn on him for this