It all chaotically come and go, like a flashy short-form video, most news outlets literally can’t comprehend the shit that’s going all at once because of the ignorance and stupidity of Donald Trump and MAGA
It was inevitable that Canada would be forced to diversify our geopolitical relationships and trade partnerships. It is unacceptable that our leadership has been steering us toward this iceberg for decades without recognizing the danger they were putting us in.
Canada won't follow what Ukraine did. Canada will capitulate for sure. In international relations, might makes right. You have a giant gorilla, you need to learn to live with it. You can poke it in the eye see what happens.
@clonecommanderrex8542 They folded by doing what they were already doing... truly a master negotiator. Also Biden got the same thing without the need to nuke the relationship
Anyone saying Mexico and Canada folded are idiots. They didn’t give anything up, or have to agree to anything they weren’t already doing. Trump walked it back, because he’s sundowning and can’t remember anything he does.
@@Kage-jk4pjthey havent "pledged" anything, canada has effectively just reaffirmed what they were already doing and planning. Trump is easy to appease and impress. Its the same with demanding "more gas and oil imports by the EU", which the EU was already planning before he was elected anyways. Him and his fans are easy to soothe and flatter without doing anything, which is good for other countries.
@@Kage-jk4pj This is exactly what he's looking for. He doesn't need or care about actual change. If the perception is there that he's winning that's a win. But it's not a win for you, assuming you agree with what he is saying.
@@cooltwittertagYou are correct. And that trump can quite easily satisfy maga because it is true, many are undereducated, ignorant, stupid and lazy enough to not bother questioning anything he tells them.
@@Kage-jk4pjAll the concessions Trump won were hypothetical at best but more likely just tokens to appease his base. His only achievement here was ruining America's reputation with two of its closest allies.
Virtually all my Canadian friends have started to boycott American goods and foods and only buying Canadian or allied country alternatives, even after the delay in the tariffs were announced. Once the trust is gone, it's gone.
His "tariffs" have already worked. He already postponed them by a month to march. Plus, both Mexico and Canada have pledged to spend billions on border security with America to appease Trump. He got what he wanted immediately. He did this same move to Mexico last time he was in office as well. Chill with the TDS.
Mexico already had around 15,000 troops near the border, you can check SEDENA (Secretary of Defense of Mexico records in 2024 in Spanish, or check with several US English reporters who are translating those reports), Mexico has to do literally nothing to fulfill that "agreement", while the US agreed to stop guns flowing into Mexico, which, btw, Mexico already is in the middle of a legal battle with gun manufacturers, so Mexico has to do nothing and gets a push for its agenda, I guess it kinda worked for Mexico.
And most of measures announced by Canada… were measures already agreed to with the previous administration last December. And Trump and his followers will still act like it’s a negotiating masterclass.
And still not enough to control these cartel states. Why sheinbaum cracked on this, mexican people kind of support this, they learned hugs not bullets isnt working...
Lol, yep. Trump got nothing that wasn't already being discussed before tariff threats. The only thing 'new' that he got out of Canada was that Canada will appoint a Fentanyl czar, wtf that means lol.
Mannn. I haven't seen Americans vote in so much taxation on themselves ever. If you're American and confused by my statement. Go look up what tariffs are, how they work AND WHO PAYS THEM.
I bet they think of it as a negotiation tool. See I agree this will harm Americans in the long run, but this does have some short term benefits. Trump will be able to make a better deal by being a bully, trumpets will be furious initially but will wind down after some time. It is upto the Canadians to play their cards right, hope Mark carney has it in him
Actually the USAMCA agreement came during Trump's first time in office. He's just ignoring it and making noise to try and claim a 'win'. Th agreement is up for its 5-year review and modification anyway so why not wait until then.
@@smokenojoke8182 They literally did nothing Moved troops they already have which do not have authority to the border And spend some money on cameras lol
Trump mostly only puts on a show. You'll see the same with his immigration policies. There's no way we'll lose 10 million people or even 1% of that. Any amount hurts America (unless they're useless people)
Just to note : Canadians are boycotting massively us products even though tariffs are delayed.. so the damage is already done.. And good thing for Canada! Less dependence to come !
It's not just Canada, Mexico and USA in the room. We all can see it. We see how USA backstabbed their best closest and most loyal ally Canada. I can tell you here in EU we are very much recalculating our relationship with USA. Massive irrepairable damage has been done. It's too late to fix it.
@@thornelderfin "closest ally" that hasnt met defense spending for decades and has relied on the US for EVERYTHING. While they let dangerous terrorists cross the borders and let massive fentanyl labs set up to harm Americans. Yeah, with allies like that? Who needs enemies. If they are allies, they will act like it. Or we dont need them.
@@ImStillWoody not Treating you right? did they not smile enough while fighting your pointless wars with you? Are they bad because they didn't refuse to sell you more then you chose to buy from them?
So many people from the US are too arrogant to see this. Generations of their ancestors were building trust and reputation as so called "leaders of the free world", presenting themselves as protector and leading democracy. Now all completely and irreparably destroyed in a matter of days.
@@kyledabearsfan Trying to destroy your closest and most loyal ally is not just "not buying trust". We all see what you are doing. You lost so much last week that you cannot even start to comprehend it.
@@thornelderfin what closest ally? The one the the north that's neglected their military for decades at the expense of America, that's let large fentanyl labs be built, that's let terrorists cross the border? Or the one the the south that's let millions of people cross in our territory, along with the drugs etc that come with them.
@@thornelderfin TH-cam censorship again. I'll just shorten. Our allies wouldn't treat us this way, allowing dangerous men in our borders, dangerous chemicals, and not meeting their military obligations. While relying on American goodwill? Disrespect. If those countries were our allies, they'd act like it. If Canada spent time fixing its problems, we'd never have gotten to this point. But now they want to act like this is some surprise.
usa can tank. other nations cant. trump was voted, other nations didnt vote for trump. tariff can cause unrest in other nations, not in america because he is voted by american people. big difference.
W Sheinbaum for making Trump acknowledge that the only reason the cartels are armed is because of America and making Trump commit to cutting off arms sales.
@@zealisrealfan Not true. Some may enter through legal ports of entry, in which case you could blame the Mexican Border Patrol since they tend to have lighter inspection, only doing more thorough searches at random (or given Mexico's rampant corruption and the fact that the government has been infiltrated by the cartel, they probably let them go anyway). In many cases, they are smuggled through illegal crossing points. Going back to my point, we should build a real wall; 30 ft tall physical barrier created with steel and concrete, with anti-climb features and motion sensor technology. Unfortunately, that was one of his unfulfilled campaign promises from 2016.
I'm from Montreal, I work at an American company with many Canadians, Americans and Mexicans. It feels like there is this mutually beneficial agreement between all of our peoples, and being so interconnected only increases everyone's wellbeing. I never treated my American coworkers like they were stealing jobs from Canadians in our city. I never felt like their presence was a negative thing. So to be treated like such by trump is really a middle finger to our faces. America couldn't have asked for a better, safer neighbour, truly. Even if he backed down from the tariffs for now, it's changed something in Canadians' perception of our relationship with the US. I fear it will take a long time to undo the damage.
Then maybe Canada shouldve met their defense spending agreements, or cracked down on the massive fentanyl labs being built there, or the uptick in dangerous terrorists(more dangerous terrorists % wise come from the north than the south) they let slip their border. Yeah. Poor you. If thats the behavior of an ally, then dont be surprised when we return it. You all are relying on the legacy of your ancestors "our allies" while you treat us poorly. I wish he would put back the tariffs. The Canada we once respected is long gone, replaced by snowflakes.
Rewrite North American trade in your first term, lose second term, complain about the trade deal you negotiated to run for president again. Be a Donald Trump.
I love how Trump said that this is a horrible trade agreement and someone really "not smart" made it. It's a horrible deal. Then cut to 2018 as he is signing the deal himself.
Do you think Trump and his billionaire friends will experience 1 second of suffering if there is full-blown economic instability and chaos? Of course not. The Americans voted to do this to themselves and they need to learn the hard way that Trump does not care about them, his fellow citizens.
A plurality of Americans. Half of all Americans didn't. Even those who did vote for Trump did so for varying reasons and with varying levels of awareness. America isn't one big gelatinous slug. It's a place, a place where hundreds of millions of people live. No two people are identical, so there's a lot of variety in that place, America.
I wouldn't be surprised if his billionaire friends even benefit from the chaos Trump is creating. For example, if you know exactly when the stock market will crash, you can use that knowledge to make a quick buck.
I mean he's followed through on several commitments Americans wanted even i support some. 🤷🏾♀️ i don't care if billionaires are rich as long as i also get rich aswell.
@@dogdog2098They were already planning to do that before he got in office. None of that is due to him. No way Mexico decided to moves thousands of troops within 24 hours.
You gotta stop "why Trump is going this" with normal reasoning. We all know that isn't why. It's because his intention is to destroy the democratic world.
you're misinformed. russia is already heavily sanctioned and there's basically nothing he can tariff lol.. his plan so far for russia appears to be pushing them even further by pressuring saudis to lower the price of oil and investing into the U.S., and then europe to buy more from usa and less from russia. that's going to put a heavier strain on russia's economy.
I love how TLDR acts as if they assume my (usa) country's president knows what he is doing let alone that my country will even question why he's committing a trade war when he promised cheaper eggs. As far as I can tell the majority of people here are crazy, stupid, or both.
In my country too, very similar thing happening, just on a smaller scale. And in neighboring countries too, just less dramatic. Explain to me, what is happening with people? Why now?
@Prokaryotes642 1) I do want it, 2) running away usually doesn't fix problems (sitting on your ass doesnt ether and i'm definitely guilty of that), 3) I don't think any part of Europe wants me, unlike many Americans I actually don't want to impose.
@@williamalfonso1373 I think a lot of the people who voted for him don't/didnt realize or dont/didnt believe he is against there interests even if it's obvious to me and many others. I also think a lot of people are oblivious.
Canada didn't bother refining its own oil because Texas was happy to take our crude and the "climate impact" that went with it. Now, there are plans to stop sending oil to the US and refine it ourselves. The gas price in Canada was $1.80/L, while the US's gas price was $1.05. If Canada refines its own oil, this will may cause an inversion where gas prices in Canada will drop 30% and increase 25% in the US. For context, Canada has 171 billion barrels of proven crude oil reserves. USA has 55 billion barrels. So, thanks Trump! You just made Canada much richer!
@@kensmith5694 It makes literally no difference to the future of our planet where that pollution comes from, but it makes a huge difference in Canadians' wallets if we do it ourselves.
For some reason, YT won't let me post this comment, the US "won", but the only reason it did was cause Canada and Mexico were "forced" to do the things they were gonna do anyways. So all we did was needlessly damage our own reputation
@@zealisrealfan What is supposed to be the logic? Tariffs are literally taxes paid by citizens (on consumption) to their own government. It's a sales tax exclusive to imported goods.
After constantly saying that there is nothing Mexico and Canada can do to stop the tarrifs, him completely folding to Mexico and Canada in a "deal" that both countries already planned to do before the threat, and even promising Mexico to stop the flow of guns, shows that he doesn't know what he is actually doing and that he will only have a negative impact for the average American.
Canada wasn’t “planning” to do anything. Trudeau was doing exactly what he did in NATO. Delay and Deny. He announced he had a plan to strengthen the border right after Trump got elected in November but never actually planned to carry it out. And just like in NATO, he had to be bullied to actually produce a budget and plan. Canada has fallen so far from grace that they barely even participate in NATO military exercises anymore.
Planned to do over the course of their entire term of 5-6 years no? now they have 30 days, there are likely secret clauses too since US military planes are flying in Mexican airspace now.
trump is like a man who finds a machine that's working. Threatens to hit it with a stick unless it keeps working. Starts hitting it until it makes some odd noises. And then stops hitting it and claims he fixed it
He completely folded by getting what he wanted - Mexico sending 10,000 national guard to the border, and Canada establishing a joint task force to combat illegal immigration and drug smuggling on the northern border? He doesn't get what he wants, he folds. He gets what he wants, he still folds. The guy could cure cancer and people like you would still whine they he didn't cure enough cancer.
I am incredibly grateful for this channel. The media here in Germany always want to foist a certain opinion on you. In contrast, you always abstract the topics to such an extent that the motives and foundations emerge. That helps me a lot in my job. Please never stop
I find the English-language Deutsche Welle to be the best, and least biased, source of international news. I find they do an even better job than TLDR of avoiding overt bias. With DW, the only real editorial slant I’ve seen has been a notable skepticism around the honesty of Scholz’ foreign policy statements- a bias that is understandable given the last two years. With TLDR, it’s a more prominent anti-Israeli narrative, an odd pro-Corbyn sentiment that surfaces from time to time, and more recently a noticeable leftward bent on economic coverage.
4:50 THERE IS NO "WHY". Trump is irrational. In almost everything he does, he behaves like a child would behave in his position. To predict him, the best possible solution would be from a child psychologist.
Yeah, the reason he does well in “single games” and not “iterative games” is probably due to him being as short-sighted as the average toddler. He doesn’t understand how to build and maintain relationships because every interaction is simply a transaction to him.
So… the US citizens pay extra to purchase any goods made in the tariff nations… but my gripe is this… the US doesn’t produce half the things listed in the tariff sheet… How it works is that say I need to use a wrench to create new desktops for customers. I can choose to use a locally produced wrench which costs me $15 or a wrench from the EU for $5. Numbers are exaggerated. Now me as a business, I’ll obviously use the EU produced wrench. Now say my only cost is time and the wrench, then normally I’ll sell the desktop to $50, making a profit of $45. Now me as a business in the US, hear that you’re adding a tariff onto wrenches from the EU. Now! Say I now need to pay a 100% tariff. It means that I pay $5 to buy the wrench from the EU, THEN pay $5 to the US government. Now because it’s still cheaper to buy a wrench from the EU, I’ll still do so. But because of the extra cost, I’ll now sell the desktop for $55. Meaning my profit remains the same. Granted, I’ve wasted more time in paperwork. This doesn’t incentivise me to buy local still… if the tariff increases again, now a wrench from the EU and the US both cost $15. Out of frustration, I would buy it from a local US producer so I don’t pay a single dime to the government… but because I now have to spend $15 instead of my original $5, I will now sell the desktop for $60 instead of $50. The average US citizen now has to eat the price surcharge because they needed us to buy local. For tariffs on things that the US doesn’t have a local industry for… that’s even worse… the industry is forced to pay the government for no reason… but there’s no alternative… so the citizen 100% has to eat the price hike for no reason again because there’s no alternative…
Well, if you bought the American wrench then you'd be able to use it more than once because it's not cheap garbage that'll break with the making of one desktop 😂
@@brokengears1576 just because y'all have banned Red40 (good move btw,I wish my country would) doesn't mean you can make tools any better than us. Besides, who actually uses their tools? Definitely not the do-nothing EU
Tariffs are successfuly used to protect your own industry from unfair competition from abroad (because of extremely cheap labor, materials or energy). But these are selective tariffs on specific industry that needs this. As you mentioned, putting tariffs on something you do not have domestic industry in is very very stup
The Trump tariff could hurt Canada’s economy by raising the cost of exports to the U.S., leading to lower trade volumes. This may slow growth and negatively impact Canadian stocks, particularly in sectors like manufacturing and agriculture. Stocks tied to U.S. trade could see declines as costs rise and profits shrink.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portf0lio has doubled since early last year. My market analyst and I are working towards a seven-figure goal, though it might take until Q1 2025.
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@@jojorockz6903 This was negotiated during Biden's administration, but you know "Credit where it is due". So obviously, I personally convinced Netanyahu to begin the ceasefire through TH-cam comments. No thanks necessary. You're welcome. 😏
I laughed out loud when he said "a fair bit of the impact will be offset by frontloading". Does anyone really think that the US companies won't immediately raise their prices, despite the fact that they didn't actually pay the extra 10% on the frontloaded items?
In some industries where competition is low, perhaps. And there will definitely be _some_ increase regardless (storing all the stuff they bought until they can use it has a cost as well) but for the most part I'd guess companies will use it more as a way to put pressure on competitors who weren't able to (or just didn't have enough foresight to) frontload. Still bad for consumers in the long run, but probably won't result in as much immediate inflation as if they hadn't frontloaded.
Are you seriously going to ignore Trump's regularly stated goal? Annex Canada. Trump has repeatedly stated that he wants to annex Canada and he wants to use tariffs to make Canadians submit.
@@Andi-xh5jw Just think about it. And I’m saying this not as an American or even as its citizen. The illegal immigration crisis isn’t just because the American border is weak, but also because the other side isn’t taking it seriously either, and why should they? They benefit a lot from it. And not to mention the manufacturing power that America used to have, now depending on China. In fact, the U.S. has already run scenarios, and if they went to war with China, China’s manufacturing might would surpass the U.S. in just a few weeks. If that happens, which is likely in a few years, the U.S. won’t stand a chance.
It's likely the same thing will happen as with Mexico and Canada - Trump wants the EU to import more US-produced LNG, which they were already planning on doing
@James-tv4plThat seems very likely. I think he will likely keep putting tariffs on China, and if he does escalate that trade war, I doubt he will start another one, it would be way too nonsensical even for him.
@James-tv4pl i dont think EU will be keen to raise its trade with US after this action. If anything it will make the EU look for other buyers (which is easier to do since there are other places where we purchase our products). In fact in most EU countries US is not even the largest trading partner
@@cgt3704 The EU doesn't really have a choice tbh. With Russian gas flows being very low now, Europe is heavily reliant on LNG imports. The USA makes up 22% of the global LNG export market. The EU already has very high energy prices which are suppressing economic growth. They won't try to shrink their economies any further, they'll buy American LNG
NATA dies in 2019 Orange idiot replaced it with something else, something he now refers to as the worst deal in history, well he is certainly well placed to recognise that even though he doesn't seem to remember it being his fine work
Yes but in his 1st term, Trump signed an updated version and claimed to be a great negotiator when he did. The NAFT of the Bush era was formatted in a different font.
People find it hard to believe Trump is that stupid, but, it seems like he really didn't understand the markets would crash if he did this. It's fairly clear evidence he doesn't understand the global economy. Like even a little.
I was expecting the world to slowly transition into multipolarity over the next decades but Trump just hyper accelerated that transition lmao and I don’t think that will do the US any favors
You're a bit late on this one. Canada and Mexico have already agreed to cooperate, so the tariffs are cancelled. Trump always intended to use them as a negotiating tactic (forcing them to come to the table) - not to start a "trade war".
Mexico agreed to send the same 10,000 troops to the border that they already had sent to the border. Canada agreed to spend the 1.7Billion that they had already budgeted last year. Trump announced this as a "win"
I understand this channel's commitment to stay unbiased, but it's very weird to see you try to take trump seriously. Trump doesn't know what he is doing.
@@tacitus6384 -- Toddlers throwing tantrums get candy. Do they know that throwing tantrums gets them candy? Sure, that's why they do it. But can they build houses or do accounting or manage a society? None I've met.
I wonder if these foreign media sources understand that they are helping Trump by treating him like a buffoon. Meanwhile, Mexico and Canada both just acquiesced to the border demands and Trump didn’t end up having to implement the tariffs.
No they didn't. Mexico agreed to send the same 10,000 troops to the border that they already had sent to the border. Canada agreed to spend the 1.7Billion that they had already budgeted last year. Trump announced this as a "win"
The billionaires are OK with tariffs because they trade domestically, predominantly are service industries without tangible objects to import, and therefore don't pay them, while benefit greatly that they can lift their domestic prices to equivilent of tariffs minus 1
As far as China goes the US really does need to decouple from them, it’s not exactly smart geopolitically to have so much material that your nation depends on be provided by a hostile foreign power.
@@GeoEstes There are no magic bullets for sure, but any company when they’re considering where to move production to considers everything from energy costs, to local regulatory climate, to tariffs, labor costs, and any number of other factors, you need a good five or 10 years to determine if a tariff is remotely effective because it takes at least that long for companies to move production, if the tariffs on China were completely ineffective one would think the Biden administration wouldn’t have kept a good number of them in place. With these new tariffs on China, the initial impact will be a price increase for the consumer, but if there is an expectation that those tariffs are here to stay, in time you will see more re-shoring of companies, and relocating production to more friendly countries like India or Indonesia.
@@allthenewsordeath5772 > because it takes at least that long for companies to move production Sure, but you can measure effectiveness when the move is _started._ You don't have to wait until its complete. Most companies will have made the decision to move or not within a few months after something like a tariff is imposed. > if the tariffs on China were completely ineffective one would think the Biden administration wouldn’t have kept a good number of them in place That's a questionable assertion. I don't have a way to ask him myself so this is just throwing out potentials, but its possible he kept them in place purely to reduce uncertainty in the market. Uncertainty tends to be worse for business than bad times. You can prepare for bad times when you know they're coming. You can't prepare for uncertainty. That's just a pure risk/cost. > in time you will see more re-shoring of companies You definitely won't see much of that. American labor is too expensive. At least for now. Trump's trying his best to make America "competitive" with countries that pay $3/day, but that's a long way off. > and relocating production to more friendly countries Sort of. They'll relocate to _cheaper_ countries. "Friendly" is a questionable adjective. > India Nope. Already too expensive. Though India does have the advantage of much of their country speaking English (that's why a lot of call centers remained there when other industries were packing up and moving to China 30-40 years ago). It might be enough to bring _some_ industry back to India, but I wouldn't put too big of a pin on it. > Indonesia Much more plausible, among a handful of other likely candidates. Unfortunately for American companies, it's a relatively small handful with a combined working population far less than China's. Much of Africa and most of the Middle East are out due to instability and conflict (often at least in part due to prior US meddling). Same with most of Central America. A lot of South America is somewhat hostile to foreign businesses - maybe a bit of potential there but not a whole lot (and many of the nations that aren't hostile to foreign businesses are again too expensive already). Destination availability really only includes _some_ countries in Southeast Asia (eg: Indonesia as mentioned, potentially the Philippines and/or Malaysia, perhaps a couple others) and Bangladesh. Everywhere else is either too unstable, hostile to American interests, or simply too expensive. And let's not forget that China themselves have started offshoring to a lot of these nations (plus many of those that are hostile to American interests) so there's political competition to deal with on top of the economic concerns. It's not an easy problem, no matter what Trump thinks. China is still very cheap (even with the tariffs) and there's not nearly enough viable alternatives to make moving easy. Meanwhile every move Trump makes is jacking up prices for American consumers, most of whom are already struggling to get by. Sure US wages are way higher than most countries, but so is US cost of living, and a lot of the measurements are drastically skewed by the number of billionaires and other absurdly wealthy people who hoard a significant concentration of the nation's wealth (that is, average household income which skews toward the rich is around double median household income which skews toward the poor) - and that's only going to get worse under the current administration.
Trump: gets mexico to agree to put 10k troops on the border biden: gets mexico to agree to put 15k troops on the border Doesn't this seem like a downgrade to the previous deal?
Yeah but they're better solders. Everybody knows this. I know this, you know this. We all know this. They have bigger hands, much bigger than every other soldier.
Canada is going to come out of Trumps term more united and powerful then we've been in decades. Congrats Trump, you've created the monster that will one day replace you
Whatever distracts from Canada’s ongoing housing crisis, migration crisis, healthcare crisis, real time decline in the quality of life, and real estate bubble I guess.
The United States generously opened up to free trade to the benefit of our neighbors. The idea was that closer tying our economies together would improve inefficiencies and lower costs. Instead, Canada and Mexico exploited the free trade agreements to siphon jobs away from the US while simultaneously rejecting US imports. Canada LOVES having GM and Ford jobs, but won't import American grains, energy, dairy, etc. These lopsided trade deals are hurting Americans, and voters elected representatives who share our concerns. We are running out of options, and will be left with no choice but to Annex the Provinces and incopertate them into the United States.
Annex mexico if we cant get freedom neither does mexico also your not allowed to annex us and your arrogant and threatning comments now mean americans are enemys to canada and that to me a canadian and only a canadian should side with china and if you use military force like your idol putin we will invoke article 5 and start a world war so yeah think about that for a sec and dont use the cocky response of we have the best military in the world maybe the strongest but not competent you couldnt hold Afghanistan
> to siphon jobs away from the US Yes, that was the entire point - "improve inefficiencies" as you said yourself. That very much includes not paying more for labor than you have to. And yes, people knew that would happen at the time. That's what _Democrats_ were opposed to NAFTA at the time while _Republicans_ wanted their corporate buddies to make more money. Funny how we like to forget history when it's convenient. > while simultaneously rejecting US imports We definitely don't reject US imports (with some exceptions - see below). There's an imbalance because US shit is more expensive - Canadians buy cheaper Canadian goods and Americans buy cheaper Canadian goods. Once again, this is literally "improving inefficiencies". The entire point of the deal. > won't import American grains, energy, dairy We most definitely import American energy, though it's rather convoluted - Canada sends crude oil to you, you process it, and then Canada buys American gasoline and other refined products. But where the products are more compatible (eg: electricity on the grid), it's the same deal as above: Canada buys cheaper Canadian electricity, and America buys cheaper Canadian electricity. Grains and dairy are those exceptions (among a few other agricultural products). Food security was (and still is - probably even more so in the face of climate change) a major concern. Having our economy at the mercy of America is already a bit of an issue (as we've seen the past few days) but having our literal lives at the mercy of someone like Trump deciding to just stop exporting to Canada...? That's not a trade deal at that point, that's an execution waiting to happen and NAFTA wouldn't have been signed if that issue was forced (and several deals since then have been compromised or cancelled when the Americans demanded we give up on food security). Also, the US has many similar free trade exceptions (though yours tend to focus more on keeping military secrets than on whether the citizens get to eat because priorities). > These lopsided trade deals are hurting Americans No, it hurts a _few_ Americans (the ones in the affected industries) while providing lower cost goods for _all_ Americans. Yeah it sucked if you happened to work for a Detroit automaker in 1988, but "American" cars are a good 30-50% cheaper than they would be without NAFTA. Same goes for a lot of fruit (American imports >40% of its fruit from Mexico) and other produce. Gas would be significantly more expensive (especially in the midwest where most Alberta oil ends up). And so on and so on. The question you should be asking is not "is free trade good". The question you should be asking is how much more you're willing to pay for basically everything you purchase in order to support some reality TV star's incorrect understanding of how trade works?
@ > to justify annexing Canada. Well sure. America would be much better off with Canada - we're a great country. We're also a country that doesn't want to be American. Annexing us is going to be a little more complicated than just saying "I want that".
Trump gets Canada and Mexico to march 10,000 troops each to the border which won't change anything but makes him look like he's a strong man pushing other countries around and then he can back down before US citizens feel too much pain and declare victory.
@ -- I believe it was 2005. It was nice of you to show up late but make money off the war. Oh ya, thanks for taking credit on winning the war all by yourself
''Of the 410 terror suspects stopped at a U.S. land border crossing in the past year, 87 per cent came from Canada, according to data from U.S. Customs and Border Protection.''
If read the actual article by the national post they're basically all legal immigrants "U.S. Customs and Border Protection records extremely few instances of someone on the terror watchlist attempting to enter illegally from Canada". Being on the list doesn't mean you've committed a crime, it just means the US suspects you of something
@@Phil-Des So more than 2000 crime organizations in your country, and it's no one's fault because the population is too large? Just a few months ago there was a fentanyl superlab bust in your country - only 1 arrest mind you - with enough fentanyl to kill 95 million people, more than double Canada's population. Where did this come from/the ingredients? It seems like the U.S. is actually doing its job - thereby the stat of 87% terrorists coming in from Canada. Trudeau is only know apparently enforcing strict border security measures.
That doesn't actually mean more people are crossing at the northern border, it means more people were stopped at the northern border. Why is this so hard to understand?
@@PoniesNSunshine > Why is this so hard to understand? Because it conflicts with the narrative they've been told to believe and its easier to shut off their brains entirely than it is to deal with the cognitive dissonance they experience when reality inevitably conflicts with the ideology they've been spoon fed their entire lives.
His tariff threats were a stroke of genius. He already postponed them by a month. Plus, both mexico and Canada have pledged to spend billions on border security with American to appease trump. He got what he wanted and with just a tariff threat. Genius
His tariff threats were a stroke of genius. He already postponed them by a month. Plus, both mexico and Canada have pledged to spend billions on border security with America to appease trump. He got what he wanted and with just a tariff threat. Genius
His tariff threats were a stroke of genius. He already postponed them by a month. Plus, both mexico and Canada have pledged to spend billions on border security with American to appease trump. He got what he wanted and with just a tariff threat. Genius
Trade war? What trade war? I didn’t hear anything about a trade war? Tariffs? On Canada and Mexico? Today you say? No, no new tariffs I can see. I’ve got the import sheet right here. That sounds like crazy talk.
Isn't it the other way around. All they had to do was maintain their positions and not do anything. Yet Mexico is pledging thousands of soldiers and Canada millions of dollars for reinforcement as well as new policy
"either pass onto consumers or rejig their manufacturing to be entirely based in the US" - I REALLY Hate how the media redoes this definition depending on the narrative. The exporter doesn't "need to pass this onto the consumer" - if there is enough of a margin you can keep your prices the same and just have smaller profits on the same revenues. This happens too.
As Europeans, at this point of that's what the US has become we should just go with China and increase our cooperation with South America, Canada and Asia just to ditch the stupid orange man
A lot of different people live in the U.S. A lot. No single person is omnipotent. Even governments aren't omnipotent. Relationships can be built with others too. In fact, most European relationships with "America" over the past century have been with non-presidential Americans.
@@declup oh for sure, but the problem is that in the US, a single person (ie. the president) holds a brutal amount of authority which then affects the rest of the relationships and US foreign goals flip 180° every 4 years so it's extremely unpredictable.
This is why I say that if Trump is a dictator in the making he’s certainly not hitler, he’s more like the idiots Mussolini or Nicolae Ceaușescu😂 Edit: not to down play the damage he can do, I just don’t want anybody to overestimate the intelligence of this guy
Trouble is, that even a stupid and irrational dictator can still remain as dictator for long enough to hurt millions. Being a dictator is one of the few jobs where being willing to do crazy dangerous things is more important than skill or intelligence
How? The US delayed the tarrifs when trump found out Canada and Mexico were already doing what he wanted them to do. All it did was destroy relations with allies
If you call irreparably destroying relationships with all your allies that your ancestors have been building up for generations "worked out", then yes, it did "work out".
I understand you're making a satirical point. I wouldn't say this is a particularly realistic prediction, though. Even in established autocratic territories, are there scores of gold statues of dear leaders? For a lot of different reasons, in those places and in the U.S., they aren't likely to be built, and they wouldn't be likely to survive if they were.
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisor chooses entry and exit orders
Lisa Grace Myer is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
History informs but doesn’t predict. But the world is intertwined in ways that never existed before. Uncertainty is the worst thing he creates. Buckle up.
The last time - possibly the only other time -the US used tariffs like this, it massively worsened the Great Depression and caused the Depression to go global. Between that and the opinions of basically the entire field of economics (an economist can be wrong, an entire school of economic thought can be proven wrong, but when pretty much every Economist agrees something is a bad idea, you should generally listen to them,) we have good reason to be extremely skeptical.
"Could Trump lose his own trade war" has the same vibe as "Congratulations to Drugs for winning the War on Drugs"
Could drugs win the drug war
He lost against China last time, so yes, it's likely he'll lose this time too, but his followers won't see it.
@@GeoEstes
China won by Covid 😑
He has lost all he is involved with so that is what I expect. We are not to be bullied.
@@brokkrepThe war on drugs has been going on for half a century, despite that there is a huge opioid crisis. It's safe to say that drugs won.
I can hear the last minute script rewrites 😂
It all chaotically come and go, like a flashy short-form video, most news outlets literally can’t comprehend the shit that’s going all at once because of the ignorance and stupidity of Donald Trump and MAGA
Yeah, considering that both Canada and Mexico 'bend the knee' to Trump, I can see this anti-trump channel being froced to admit the truth.
@@ThomasTubeHD literally lol, they're acting so on the whim that nobody can keep up
@@ThomasTubeHD
> Trump gets almost everything he wants from Canada & Mexico
> "Ignorance & stupidity"
🤔
That’s the new normal for next 4 years.
It was inevitable that Canada would be forced to diversify our geopolitical relationships and trade partnerships. It is unacceptable that our leadership has been steering us toward this iceberg for decades without recognizing the danger they were putting us in.
True, it's a failure almost on par with Germany's depenancies on Russia. Canada needs to diversify ASAP.
@@paullarne I've been waiting for a Canzuk agreement to progress for years
@@The_Steftbf germany was forced into dependence until 1989
Canada won't follow what Ukraine did. Canada will capitulate for sure. In international relations, might makes right. You have a giant gorilla, you need to learn to live with it. You can poke it in the eye see what happens.
Actually it is more like the iceberg steered straight towards Canada for decades. You never had a real choice in this.
Trump is essentially doing Brexit but with the rest of the world.
Let's see how it works out
Mexico and Canada folded
Amerexit
@clonecommanderrex8542 They folded by doing what they were already doing... truly a master negotiator. Also Biden got the same thing without the need to nuke the relationship
Anyone saying Mexico and Canada folded are idiots. They didn’t give anything up, or have to agree to anything they weren’t already doing. Trump walked it back, because he’s sundowning and can’t remember anything he does.
@@clonecommanderrex8542 More like the stock market folded Trump.
US companies: Shop like a billionaire (before the tariffs come in)
@@Kage-jk4pjthey havent "pledged" anything, canada has effectively just reaffirmed what they were already doing and planning. Trump is easy to appease and impress. Its the same with demanding "more gas and oil imports by the EU", which the EU was already planning before he was elected anyways. Him and his fans are easy to soothe and flatter without doing anything, which is good for other countries.
@@Kage-jk4pj This is exactly what he's looking for. He doesn't need or care about actual change. If the perception is there that he's winning that's a win.
But it's not a win for you, assuming you agree with what he is saying.
Since Temu, I rarely use Amazon. For sophisticated electronic stuff, I buy directly from the manufacturers, e.g. Anker.
@@cooltwittertagYou are correct. And that trump can quite easily satisfy maga because it is true, many are undereducated, ignorant, stupid and lazy enough to not bother questioning anything he tells them.
@@Kage-jk4pjAll the concessions Trump won were hypothetical at best but more likely just tokens to appease his base. His only achievement here was ruining America's reputation with two of its closest allies.
Come on Trump. 1000% tariff hikes or more. What’s 20% to patriotic spenders
haha only 10 for China too guess he is scared of china and you can pay the tarrif ill just steal thanks trump lol
merica🇺🇸🇺🇸🇺🇸🇺🇸
If you claim American tariffs only hurt the American people then why do China, Mexico and Canada seem to be moved by this prospect?
@Hardcore_Remixer they were not moved by it. They took the opportunity and played trump like the idiot he is.
Soon youll have no eggs at all
Virtually all my Canadian friends have started to boycott American goods and foods and only buying Canadian or allied country alternatives, even after the delay in the tariffs were announced. Once the trust is gone, it's gone.
Their action is reasonable.
At this point, I would gladly accept to have my state integrated into Canada.
@@dalekrenegade2596 You seem not to be alone in this
@@dalekrenegade2596will Canada please please please adopt Washington state?
cope, your country is too tiny to impact the US
trump be making decisions with a magic 8 ball
His "tariffs" have already worked. He already postponed them by a month to march. Plus, both Mexico and Canada have pledged to spend billions on border security with America to appease Trump. He got what he wanted immediately. He did this same move to Mexico last time he was in office as well. Chill with the TDS.
@@Kage-jk4pj Man, you bootlickers are quick off the mark, aren't you?
ok trumpist
@@freakishuproar1168he literally did this exact same ploy to Mexico last time he was in office.
@@freakishuproar1168 Cry more 😂😂
Mexico already had around 15,000 troops near the border, you can check SEDENA (Secretary of Defense of Mexico records in 2024 in Spanish, or check with several US English reporters who are translating those reports), Mexico has to do literally nothing to fulfill that "agreement", while the US agreed to stop guns flowing into Mexico, which, btw, Mexico already is in the middle of a legal battle with gun manufacturers, so Mexico has to do nothing and gets a push for its agenda, I guess it kinda worked for Mexico.
And most of measures announced by Canada… were measures already agreed to with the previous administration last December. And Trump and his followers will still act like it’s a negotiating masterclass.
And still not enough to control these cartel states. Why sheinbaum cracked on this, mexican people kind of support this, they learned hugs not bullets isnt working...
Sure now Mexico is politically stronger than the USA, Mexico folded like a Chinese chair liberals living in alternative realities
wrong
Lol, yep. Trump got nothing that wasn't already being discussed before tariff threats. The only thing 'new' that he got out of Canada was that Canada will appoint a Fentanyl czar, wtf that means lol.
Mannn. I haven't seen Americans vote in so much taxation on themselves ever.
If you're American and confused by my statement. Go look up what tariffs are, how they work AND WHO PAYS THEM.
I bet they think of it as a negotiation tool. See I agree this will harm Americans in the long run, but this does have some short term benefits. Trump will be able to make a better deal by being a bully, trumpets will be furious initially but will wind down after some time. It is upto the Canadians to play their cards right, hope Mark carney has it in him
funny, then why does Europe, Canada, and Mexico tariff the USA so much already?
@@xShadowChrisx No, it doesn't. LOL
@@xShadowChrisx my dude the USA is trying to embargo/sanction itself.
@ "don't believe your lying eyes" looking as
Trump didn't get anything from his negotiations with Canada or Mexico, we just reaffirmed agreements previously made with Biden. Sad.
Actually the USAMCA agreement came during Trump's first time in office. He's just ignoring it and making noise to try and claim a 'win'. Th agreement is up for its 5-year review and modification anyway so why not wait until then.
If Trump really wants the oil & gas prices to decline, putting even a 10% tariff on all Canadian oil & gas imports is achieving the exact opposite
Especially since it was being sold at a discount
But yet gas prices are fine for now I'm gonna wait and see
Could've sworn they said that was the exemption towards the beginning of the video.
@@brandonrichardson7248 Exemption as in 10% instead of 25%
@@Eliastion you're right. I missed that.
I like the way he's already called off the US and Mexico tariffs by the time this has aired :)
The tariffs have only been delayed, and the video mentions it
He delayed it for a month and he only did that because Mexico and Canada did what he told them to do.
@@smokenojoke8182 Or more accurately because they were already doing it. Trump's move was just the usual nonsense.
@@smokenojoke8182
They literally did nothing
Moved troops they already have which do not have authority to the border
And spend some money on cameras
lol
Trump mostly only puts on a show. You'll see the same with his immigration policies. There's no way we'll lose 10 million people or even 1% of that. Any amount hurts America (unless they're useless people)
As a Canadian i am fine with digging my shoes in to bring the fight to the US and trump
Just to note : Canadians are boycotting massively us products even though tariffs are delayed.. so the damage is already done..
And good thing for Canada! Less dependence to come !
It's not just Canada, Mexico and USA in the room. We all can see it. We see how USA backstabbed their best closest and most loyal ally Canada. I can tell you here in EU we are very much recalculating our relationship with USA. Massive irrepairable damage has been done. It's too late to fix it.
US business with canada is 1.2% of its gdp canadians buisness with the US Is 25% of its GDP. Goodluck canada in getting completely wrecked.
@@thornelderfin "closest ally" that hasnt met defense spending for decades and has relied on the US for EVERYTHING. While they let dangerous terrorists cross the borders and let massive fentanyl labs set up to harm Americans. Yeah, with allies like that? Who needs enemies. If they are allies, they will act like it. Or we dont need them.
@@thornelderfin Maybe if our allies actually treated the US right for the past several decades Trump wouldn't be doing this🤯🤯
@@ImStillWoody not Treating you right? did they not smile enough while fighting your pointless wars with you? Are they bad because they didn't refuse to sell you more then you chose to buy from them?
Even if none of these tariffs happen, what it has done is erode trust. Trust hard fought won, but easily lost.
So many people from the US are too arrogant to see this. Generations of their ancestors were building trust and reputation as so called "leaders of the free world", presenting themselves as protector and leading democracy. Now all completely and irreparably destroyed in a matter of days.
we shouldnt have to buy trust.
@@kyledabearsfan Trying to destroy your closest and most loyal ally is not just "not buying trust". We all see what you are doing. You lost so much last week that you cannot even start to comprehend it.
@@thornelderfin what closest ally? The one the the north that's neglected their military for decades at the expense of America, that's let large fentanyl labs be built, that's let terrorists cross the border? Or the one the the south that's let millions of people cross in our territory, along with the drugs etc that come with them.
@@thornelderfin TH-cam censorship again. I'll just shorten. Our allies wouldn't treat us this way, allowing dangerous men in our borders, dangerous chemicals, and not meeting their military obligations. While relying on American goodwill? Disrespect. If those countries were our allies, they'd act like it. If Canada spent time fixing its problems, we'd never have gotten to this point. But now they want to act like this is some surprise.
Trade wars are bad for business. You'd think a businessman would know that.
A businessman would.
usa can tank. other nations cant. trump was voted, other nations didnt vote for trump. tariff can cause unrest in other nations, not in america because he is voted by american people. big difference.
@ Tariffs are going to make prices go up for Americans. That's what tariffs do.
@@QWERTY-gp8fd So what you are saying that you are trying to destroy the rest of the world. Did I get it right?
@ then other nation tariffs america back. guess who comes up in top. america.
W Sheinbaum for making Trump acknowledge that the only reason the cartels are armed is because of America and making Trump commit to cutting off arms sales.
Look up operation fast and furious where the ATF literally armed the drug cartels
And that's percisely why it's better to close the border and build an actual concrete wall in the place of a mere fence.
@ almost all of it comes through legal points of entry through American cars and American shipping containers
@@zealisrealfan Not true. Some may enter through legal ports of entry, in which case you could blame the Mexican Border Patrol since they tend to have lighter inspection, only doing more thorough searches at random (or given Mexico's rampant corruption and the fact that the government has been infiltrated by the cartel, they probably let them go anyway). In many cases, they are smuggled through illegal crossing points.
Going back to my point, we should build a real wall; 30 ft tall physical barrier created with steel and concrete, with anti-climb features and motion sensor technology. Unfortunately, that was one of his unfulfilled campaign promises from 2016.
I'm from Montreal, I work at an American company with many Canadians, Americans and Mexicans. It feels like there is this mutually beneficial agreement between all of our peoples, and being so interconnected only increases everyone's wellbeing. I never treated my American coworkers like they were stealing jobs from Canadians in our city. I never felt like their presence was a negative thing. So to be treated like such by trump is really a middle finger to our faces. America couldn't have asked for a better, safer neighbour, truly. Even if he backed down from the tariffs for now, it's changed something in Canadians' perception of our relationship with the US. I fear it will take a long time to undo the damage.
Then maybe Canada shouldve met their defense spending agreements, or cracked down on the massive fentanyl labs being built there, or the uptick in dangerous terrorists(more dangerous terrorists % wise come from the north than the south) they let slip their border. Yeah. Poor you. If thats the behavior of an ally, then dont be surprised when we return it. You all are relying on the legacy of your ancestors "our allies" while you treat us poorly. I wish he would put back the tariffs. The Canada we once respected is long gone, replaced by snowflakes.
Rewrite North American trade in your first term, lose second term, complain about the trade deal you negotiated to run for president again. Be a Donald Trump.
I love how Trump said that this is a horrible trade agreement and someone really "not smart" made it. It's a horrible deal. Then cut to 2018 as he is signing the deal himself.
@ imagine being a diplomat to America rn. Jesus fuck
He already backpaddled....what a genious he is😂
This was outdated before it was posted.
The world moves fast
Yes and no. The tariffs were only delayed, so this is still very much relevant
@Jicko1560 it's still outdated lol
Do you think Trump and his billionaire friends will experience 1 second of suffering if there is full-blown economic instability and chaos? Of course not. The Americans voted to do this to themselves and they need to learn the hard way that Trump does not care about them, his fellow citizens.
A plurality of Americans. Half of all Americans didn't. Even those who did vote for Trump did so for varying reasons and with varying levels of awareness.
America isn't one big gelatinous slug. It's a place, a place where hundreds of millions of people live. No two people are identical, so there's a lot of variety in that place, America.
I wouldn't be surprised if his billionaire friends even benefit from the chaos Trump is creating. For example, if you know exactly when the stock market will crash, you can use that knowledge to make a quick buck.
America will be great again, thank God for Trump!
I mean he's followed through on several commitments Americans wanted even i support some. 🤷🏾♀️ i don't care if billionaires are rich as long as i also get rich aswell.
His billionaire buddies may even benefit from this chaos. Corruption FTW.
Trump is an embarrassment to his country, these tariffs clearly won't have the economic effect he thinks it will.
Both Mexico and Canada have agreed to move troops to secure their borders and the sanctions were put on hold. So yes, they did work.
@@dogdog2098They were already planning to do that before he got in office. None of that is due to him. No way Mexico decided to moves thousands of troops within 24 hours.
@@dogdog2098if USA want those country move some troop to the border, should just ask, don't so be dramatic.
@@dogdog2098 They agreed to things they had already agreed to. Except now, there is a major anti-USA sentiment especially in Canada.
But it just did both Mexico and Canada are already doing USAs bidding
Canada, Mexico, EU. But not Russia. Interesting!
Oh so also Trump is breaking his own trade agreement with this? Shocking! Not.
You gotta stop "why Trump is going this" with normal reasoning. We all know that isn't why. It's because his intention is to destroy the democratic world.
Russia is already heavily sanctioned you dolt
To be fair, Trump is turning up sanctions on Russian oil to drive up the price to make American oil companies more profitable.
you're misinformed. russia is already heavily sanctioned and there's basically nothing he can tariff lol..
his plan so far for russia appears to be pushing them even further by pressuring saudis to lower the price of oil and investing into the U.S., and then europe to buy more from usa and less from russia. that's going to put a heavier strain on russia's economy.
Trump's tariffs are like pissing into a fan
I love how TLDR acts as if they assume my (usa) country's president knows what he is doing let alone that my country will even question why he's committing a trade war when he promised cheaper eggs. As far as I can tell the majority of people here are crazy, stupid, or both.
In my country too, very similar thing happening, just on a smaller scale. And in neighboring countries too, just less dramatic. Explain to me, what is happening with people? Why now?
it just baffles me how people vote against their own interest.
You're welcome to move to Europe if social democracy is what you want
@Prokaryotes642 1) I do want it, 2) running away usually doesn't fix problems (sitting on your ass doesnt ether and i'm definitely guilty of that), 3) I don't think any part of Europe wants me, unlike many Americans I actually don't want to impose.
@@williamalfonso1373 I think a lot of the people who voted for him don't/didnt realize or dont/didnt believe he is against there interests even if it's obvious to me and many others. I also think a lot of people are oblivious.
Canada didn't bother refining its own oil because Texas was happy to take our crude and the "climate impact" that went with it. Now, there are plans to stop sending oil to the US and refine it ourselves.
The gas price in Canada was $1.80/L, while the US's gas price was $1.05. If Canada refines its own oil, this will may cause an inversion where gas prices in Canada will drop 30% and increase 25% in the US.
For context, Canada has 171 billion barrels of proven crude oil reserves. USA has 55 billion barrels.
So, thanks Trump! You just made Canada much richer!
I thought letting the US refine the oil in Texas was so that the pollution from doing it would all be within the US.
@@kensmith5694 yup that was the Liberal mindset, but the incoming PM wants to allow Alberta to do it. He's much smarter/better.
@@msanterre So polluting your own nation instead of someone else's is your idea of better.
@@kensmith5694 It makes literally no difference to the future of our planet where that pollution comes from, but it makes a huge difference in Canadians' wallets if we do it ourselves.
@@msanterre It makes a big difference to those down wind.
Well that was a short trade war lol
See you in a month lol
dont think he actually intends to put tariffs on anyone but china lol
@@youremomlol2263nah i think he wants to replace income tax for the lols
For some reason, YT won't let me post this comment, the US "won", but the only reason it did was cause Canada and Mexico were "forced" to do the things they were gonna do anyways. So all we did was needlessly damage our own reputation
@@zealisrealfan What is supposed to be the logic? Tariffs are literally taxes paid by citizens (on consumption) to their own government. It's a sales tax exclusive to imported goods.
After constantly saying that there is nothing Mexico and Canada can do to stop the tarrifs, him completely folding to Mexico and Canada in a "deal" that both countries already planned to do before the threat, and even promising Mexico to stop the flow of guns, shows that he doesn't know what he is actually doing and that he will only have a negative impact for the average American.
TBF would they have "planned" to do this if Biden won? And when did trudeau plan a us canada strike force?
Canada wasn’t “planning” to do anything.
Trudeau was doing exactly what he did in NATO. Delay and Deny. He announced he had a plan to strengthen the border right after Trump got elected in November but never actually planned to carry it out.
And just like in NATO, he had to be bullied to actually produce a budget and plan.
Canada has fallen so far from grace that they barely even participate in NATO military exercises anymore.
Planned to do over the course of their entire term of 5-6 years no? now they have 30 days, there are likely secret clauses too since US military planes are flying in Mexican airspace now.
trump is like a man who finds a machine that's working. Threatens to hit it with a stick unless it keeps working. Starts hitting it until it makes some odd noises. And then stops hitting it and claims he fixed it
He completely folded by getting what he wanted - Mexico sending 10,000 national guard to the border, and Canada establishing a joint task force to combat illegal immigration and drug smuggling on the northern border?
He doesn't get what he wants, he folds. He gets what he wants, he still folds.
The guy could cure cancer and people like you would still whine they he didn't cure enough cancer.
I am incredibly grateful for this channel. The media here in Germany always want to foist a certain opinion on you. In contrast, you always abstract the topics to such an extent that the motives and foundations emerge. That helps me a lot in my job. Please never stop
I find the English-language Deutsche Welle to be the best, and least biased, source of international news. I find they do an even better job than TLDR of avoiding overt bias.
With DW, the only real editorial slant I’ve seen has been a notable skepticism around the honesty of Scholz’ foreign policy statements- a bias that is understandable given the last two years. With TLDR, it’s a more prominent anti-Israeli narrative, an odd pro-Corbyn sentiment that surfaces from time to time, and more recently a noticeable leftward bent on economic coverage.
It’s a pretty left wing channel supporting globalism. It’s good to see what the lefties are thinking and are upset about. Mostly it’s orange man bad
What is your job?
I am, this network isn’t ever correct…soooo…idk if you should listen to them lol.
They give a different perspective, as an American, I can say I dont agree with them often but its always important to get a different frame of view.
4:50 THERE IS NO "WHY". Trump is irrational. In almost everything he does, he behaves like a child would behave in his position. To predict him, the best possible solution would be from a child psychologist.
Yeah, the reason he does well in “single games” and not “iterative games” is probably due to him being as short-sighted as the average toddler. He doesn’t understand how to build and maintain relationships because every interaction is simply a transaction to him.
The question isn't will trade wars backfire but how much.
Every Canadian I know is boycotting American and buying local, and if they can't find it locally, China.
I understand Mexico and China. But Canada? Really?
They allowed before illegal immigrants and fentanyl in
Betrayal at its finest!
Why not?
They let in more dangerous terrorists than Mexico. They also had the largest fentanyl bust in world history not long ago.
I think Mexico has been showing a far healthier tendency than Canada on the past 8 months.
So… the US citizens pay extra to purchase any goods made in the tariff nations… but my gripe is this… the US doesn’t produce half the things listed in the tariff sheet…
How it works is that say I need to use a wrench to create new desktops for customers. I can choose to use a locally produced wrench which costs me $15 or a wrench from the EU for $5. Numbers are exaggerated. Now me as a business, I’ll obviously use the EU produced wrench.
Now say my only cost is time and the wrench, then normally I’ll sell the desktop to $50, making a profit of $45. Now me as a business in the US, hear that you’re adding a tariff onto wrenches from the EU. Now! Say I now need to pay a 100% tariff. It means that I pay $5 to buy the wrench from the EU, THEN pay $5 to the US government.
Now because it’s still cheaper to buy a wrench from the EU, I’ll still do so. But because of the extra cost, I’ll now sell the desktop for $55. Meaning my profit remains the same. Granted, I’ve wasted more time in paperwork.
This doesn’t incentivise me to buy local still… if the tariff increases again, now a wrench from the EU and the US both cost $15. Out of frustration, I would buy it from a local US producer so I don’t pay a single dime to the government… but because I now have to spend $15 instead of my original $5, I will now sell the desktop for $60 instead of $50.
The average US citizen now has to eat the price surcharge because they needed us to buy local.
For tariffs on things that the US doesn’t have a local industry for… that’s even worse… the industry is forced to pay the government for no reason… but there’s no alternative… so the citizen 100% has to eat the price hike for no reason again because there’s no alternative…
Well, if you bought the American wrench then you'd be able to use it more than once because it's not cheap garbage that'll break with the making of one desktop 😂
@@fosyay1780the EU has higher standards than the US. So if anything, youre talking about the american versions of products breaking first.
@@brokengears1576 just because y'all have banned Red40 (good move btw,I wish my country would) doesn't mean you can make tools any better than us. Besides, who actually uses their tools? Definitely not the do-nothing EU
Tariffs are successfuly used to protect your own industry from unfair competition from abroad (because of extremely cheap labor, materials or energy). But these are selective tariffs on specific industry that needs this. As you mentioned, putting tariffs on something you do not have domestic industry in is very very stup
Ended up buying NOS Craftsman tools at an estate sale
Will they??😂😂 They already have.😂😂😂
The Trump tariff could hurt Canada’s economy by raising the cost of exports to the U.S., leading to lower trade volumes. This may slow growth and negatively impact Canadian stocks, particularly in sectors like manufacturing and agriculture. Stocks tied to U.S. trade could see declines as costs rise and profits shrink.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portf0lio has doubled since early last year. My market analyst and I are working towards a seven-figure goal, though it might take until Q1 2025.
Can you share details of your analyst? I want to invest my increased cash flow in crypto and alternative assets to achieve my goals.
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, thanks for sharing.
The man is a pile of failed businesses, including casinos.
Who thought hed be qualified for this?
Over 70 million people
He got the gaza ceasefire done. Credit where it is due
@@jojorockz6903 This was negotiated during Biden's administration, but you know "Credit where it is due". So obviously, I personally convinced Netanyahu to begin the ceasefire through TH-cam comments. No thanks necessary. You're welcome. 😏
@@jojorockz6903if you've seen what Gaza looks like you'd know it was only a matter of time before that war ended. There's nothing left
Then how comes he is a billionaire and you are not?
I laughed out loud when he said "a fair bit of the impact will be offset by frontloading". Does anyone really think that the US companies won't immediately raise their prices, despite the fact that they didn't actually pay the extra 10% on the frontloaded items?
In some industries where competition is low, perhaps. And there will definitely be _some_ increase regardless (storing all the stuff they bought until they can use it has a cost as well) but for the most part I'd guess companies will use it more as a way to put pressure on competitors who weren't able to (or just didn't have enough foresight to) frontload.
Still bad for consumers in the long run, but probably won't result in as much immediate inflation as if they hadn't frontloaded.
Plottwist: China starts trading more with Mexico and Canada ...
I saw that coming a mile away.
Are you seriously going to ignore Trump's regularly stated goal? Annex Canada.
Trump has repeatedly stated that he wants to annex Canada and he wants to use tariffs to make Canadians submit.
But that's just so ridiculous that it seem unlikely to be the main motivation
@mnm1273 Trump is a lunatic, his motivations aren't rational.
This video did not age well...
I still can't believe they're letting this guy run anything.
Yes , it will
He really has no idea what he’s doing. No one benefits from these wars, we all suffer.
We suffer less. Mexico isn’t our friend they are a means to an end for us. We could grow & build everything in the US.
@@mr.x817 dude.. you have to stop believing in everything of trump
and you have to stop acting like a geopolitical know it all. youre regurgitating the same talking points that we rejected in the election.
@@mr.x817the US doesnt have enough people to manufacture everything here, unemployment is currently very low
@@Andi-xh5jw Just think about it. And I’m saying this not as an American or even as its citizen. The illegal immigration crisis isn’t just because the American border is weak, but also because the other side isn’t taking it seriously either, and why should they? They benefit a lot from it. And not to mention the manufacturing power that America used to have, now depending on China. In fact, the U.S. has already run scenarios, and if they went to war with China, China’s manufacturing might would surpass the U.S. in just a few weeks. If that happens, which is likely in a few years, the U.S. won’t stand a chance.
Trump also announced that he is considering puting tariffs on EU countries, stating that they "treatem americans badly".
It's likely the same thing will happen as with Mexico and Canada - Trump wants the EU to import more US-produced LNG, which they were already planning on doing
@James-tv4plThat seems very likely. I think he will likely keep putting tariffs on China, and if he does escalate that trade war, I doubt he will start another one, it would be way too nonsensical even for him.
@@flavio7180 not to mention he already did that kind of thing back in 2018 and ended badly for him
@James-tv4pl i dont think EU will be keen to raise its trade with US after this action. If anything it will make the EU look for other buyers (which is easier to do since there are other places where we purchase our products).
In fact in most EU countries US is not even the largest trading partner
@@cgt3704 The EU doesn't really have a choice tbh. With Russian gas flows being very low now, Europe is heavily reliant on LNG imports. The USA makes up 22% of the global LNG export market. The EU already has very high energy prices which are suppressing economic growth. They won't try to shrink their economies any further, they'll buy American LNG
RIP NAFTA
NAFTA was already replaced in 2020. What cave have you been living in?
RIP USA
@@miliba we know. more people still know it as NAFTA.
NATA dies in 2019
Orange idiot replaced it with something else, something he now refers to as the worst deal in history, well he is certainly well placed to recognise that even though he doesn't seem to remember it being his fine work
Trump renegotiated NAFTA 2.0. He is literally at war with his own trade policy.
Trump has achieved to make both his neighbors state the changes they were already doing prior to his presidency 😭😭
There's a gap in the northern border 😂 tariff free maple syrup will make it through
that set off my OCD lol
These tariffs were so short and stupid that this video title isn’t even accurate anymore 😂
But the consequences will last for decades. USA completely lost all trust in EU, Australia, Canada, Mexico, Panama, Latin America, maybe even more.
If he excluded allies from that list, I could see it potentially working.
But he didn't. He started with closest most loyal allies and went only symbolic with enemies.
It already backfired…
Uh…
3:00 nafta was signed during bush senior's term
Yes but in his 1st term, Trump signed an updated version and claimed to be a great negotiator when he did. The NAFT of the Bush era was formatted in a different font.
tradeclear AI fixes this. Trump's Trade Wars: Will They Work?
People find it hard to believe Trump is that stupid, but, it seems like he really didn't understand the markets would crash if he did this. It's fairly clear evidence he doesn't understand the global economy. Like even a little.
Sort of...Billionaires that can orchestrate a crash, can buy low at very high volumes. It's insider trading on steroids.
I'd take more of those game theory analyses like at the end, that was great. A bit of cold hard logic to dull the horror.
I was expecting the world to slowly transition into multipolarity over the next decades but Trump just hyper accelerated that transition lmao and I don’t think that will do the US any favors
I guess it goes with the old saying: "Slowly and then all at once"
I used to think Trump was an evil genius, but the more he does, the more I realize he's just stupid. Like what was gonna come out of all of this?
You're a bit late on this one. Canada and Mexico have already agreed to cooperate, so the tariffs are cancelled. Trump always intended to use them as a negotiating tactic (forcing them to come to the table) - not to start a "trade war".
" cooperate" is quite a stretch 😅
Mexico agreed to send the same 10,000 troops to the border that they already had sent to the border.
Canada agreed to spend the 1.7Billion that they had already budgeted last year.
Trump announced this as a "win"
I understand this channel's commitment to stay unbiased, but it's very weird to see you try to take trump seriously. Trump doesn't know what he is doing.
They do have a stroke of bias
exactly trump has no fucking clue and they should mention that
Mexico and Canada just caved and agreed to enforce the border further, and Trump paused tariffs in response, so yeah, I'd say he does.
@@tacitus6384 -- Toddlers throwing tantrums get candy. Do they know that throwing tantrums gets them candy? Sure, that's why they do it. But can they build houses or do accounting or manage a society? None I've met.
@@tacitus6384 Canada only agreed to call the person dealing with Trump's tantrum "a fentanyl czar". That's hardly caving.
I wonder if these foreign media sources understand that they are helping Trump by treating him like a buffoon. Meanwhile, Mexico and Canada both just acquiesced to the border demands and Trump didn’t end up having to implement the tariffs.
No they didn't.
Mexico agreed to send the same 10,000 troops to the border that they already had sent to the border.
Canada agreed to spend the 1.7Billion that they had already budgeted last year.
Trump announced this as a "win"
After surrounding himself with billionaires, you'd think he learned something or two about tariffs.
The billionaires are OK with tariffs because they trade domestically, predominantly are service industries without tangible objects to import, and therefore don't pay them, while benefit greatly that they can lift their domestic prices to equivilent of tariffs minus 1
The newspaper editorials explain why Trump pulled out.
@@edthebumblingfoolfear a repeat of eric?
neighbor from hell
As far as China goes the US really does need to decouple from them, it’s not exactly smart geopolitically to have so much material that your nation depends on be provided by a hostile foreign power.
True , same thing with india, and many other countries who consider China their adversary
Unfortunately, tariffs aren't the way to do it. Trump's last effort resulted in less than 1% of companies divesting from China.
@@GeoEstes
There are no magic bullets for sure, but any company when they’re considering where to move production to considers everything from energy costs, to local regulatory climate, to tariffs, labor costs, and any number of other factors, you need a good five or 10 years to determine if a tariff is remotely effective because it takes at least that long for companies to move production, if the tariffs on China were completely ineffective one would think the Biden administration wouldn’t have kept a good number of them in place.
With these new tariffs on China, the initial impact will be a price increase for the consumer, but if there is an expectation that those tariffs are here to stay, in time you will see more re-shoring of companies, and relocating production to more friendly countries like India or Indonesia.
@@allthenewsordeath5772 > because it takes at least that long for companies to move production
Sure, but you can measure effectiveness when the move is _started._ You don't have to wait until its complete. Most companies will have made the decision to move or not within a few months after something like a tariff is imposed.
> if the tariffs on China were completely ineffective one would think the Biden administration wouldn’t have kept a good number of them in place
That's a questionable assertion. I don't have a way to ask him myself so this is just throwing out potentials, but its possible he kept them in place purely to reduce uncertainty in the market. Uncertainty tends to be worse for business than bad times. You can prepare for bad times when you know they're coming. You can't prepare for uncertainty. That's just a pure risk/cost.
> in time you will see more re-shoring of companies
You definitely won't see much of that. American labor is too expensive. At least for now. Trump's trying his best to make America "competitive" with countries that pay $3/day, but that's a long way off.
> and relocating production to more friendly countries
Sort of. They'll relocate to _cheaper_ countries. "Friendly" is a questionable adjective.
> India
Nope. Already too expensive. Though India does have the advantage of much of their country speaking English (that's why a lot of call centers remained there when other industries were packing up and moving to China 30-40 years ago). It might be enough to bring _some_ industry back to India, but I wouldn't put too big of a pin on it.
> Indonesia
Much more plausible, among a handful of other likely candidates. Unfortunately for American companies, it's a relatively small handful with a combined working population far less than China's. Much of Africa and most of the Middle East are out due to instability and conflict (often at least in part due to prior US meddling). Same with most of Central America. A lot of South America is somewhat hostile to foreign businesses - maybe a bit of potential there but not a whole lot (and many of the nations that aren't hostile to foreign businesses are again too expensive already).
Destination availability really only includes _some_ countries in Southeast Asia (eg: Indonesia as mentioned, potentially the Philippines and/or Malaysia, perhaps a couple others) and Bangladesh. Everywhere else is either too unstable, hostile to American interests, or simply too expensive. And let's not forget that China themselves have started offshoring to a lot of these nations (plus many of those that are hostile to American interests) so there's political competition to deal with on top of the economic concerns.
It's not an easy problem, no matter what Trump thinks. China is still very cheap (even with the tariffs) and there's not nearly enough viable alternatives to make moving easy. Meanwhile every move Trump makes is jacking up prices for American consumers, most of whom are already struggling to get by. Sure US wages are way higher than most countries, but so is US cost of living, and a lot of the measurements are drastically skewed by the number of billionaires and other absurdly wealthy people who hoard a significant concentration of the nation's wealth (that is, average household income which skews toward the rich is around double median household income which skews toward the poor) - and that's only going to get worse under the current administration.
Without oil (which is actually sold at a deep discount - benefitting the Americans), the US actually has the surplus. Canada should tax the Americans.
Trump: gets mexico to agree to put 10k troops on the border
biden: gets mexico to agree to put 15k troops on the border
Doesn't this seem like a downgrade to the previous deal?
Yeah but they're better solders. Everybody knows this. I know this, you know this. We all know this. They have bigger hands, much bigger than every other soldier.
@@msanterrejoke right?
@@Ghost_D4A Yeah it was, but the fact that you felt the need to ask is telling enough about how nuts the whole situation has become.
@@MrMezmerized yeah lol. That and there are die hard politician fans (liberal or conservative) so I can never tell xD
@ yes, is very funny joke.
It already backfired. 😅
For mec and canada
@@Bob-20-c9konly if you’re illiterate.
@Bob-20-c9k we gonna ignore the US market was down 3% once he started the tariffs?
@@Bob-20-c9k Canada and Mexico at the last hour agreed to do things they were already doing. Trump was able to announce his "win".
All we want is a secure border and fair trade relationships.
Now all you need to do is figure out what those actually mean.
the number of times i had to rewind to see if the fly was just part of the audio is wild
Canada is going to come out of Trumps term more united and powerful then we've been in decades.
Congrats Trump, you've created the monster that will one day replace you
Hahahahaah😂😂😂😂 thanks for the laugh
Whatever distracts from Canada’s ongoing housing crisis, migration crisis, healthcare crisis, real time decline in the quality of life, and real estate bubble I guess.
You you are being replaced by Indians and can't buy a house man. You're not replacing anything
I think it's in everyones best interest if Canada stops being shit at least. So you should start tanking Trump.
@@allthenewsordeath5772it's crazy how they've been silent about literally everything else but this is the hill they'll die on
5:31 We wish Trump and his supporters knew that 😂
American collapse into failed state & fascism speedrun going well.
The United States generously opened up to free trade to the benefit of our neighbors. The idea was that closer tying our economies together would improve inefficiencies and lower costs. Instead, Canada and Mexico exploited the free trade agreements to siphon jobs away from the US while simultaneously rejecting US imports. Canada LOVES having GM and Ford jobs, but won't import American grains, energy, dairy, etc. These lopsided trade deals are hurting Americans, and voters elected representatives who share our concerns. We are running out of options, and will be left with no choice but to Annex the Provinces and incopertate them into the United States.
Annex mexico if we cant get freedom neither does mexico also your not allowed to annex us and your arrogant and threatning comments now mean americans are enemys to canada and that to me a canadian and only a canadian should side with china and if you use military force like your idol putin we will invoke article 5 and start a world war so yeah think about that for a sec and dont use the cocky response of we have the best military in the world maybe the strongest but not competent you couldnt hold Afghanistan
> to siphon jobs away from the US
Yes, that was the entire point - "improve inefficiencies" as you said yourself. That very much includes not paying more for labor than you have to.
And yes, people knew that would happen at the time. That's what _Democrats_ were opposed to NAFTA at the time while _Republicans_ wanted their corporate buddies to make more money. Funny how we like to forget history when it's convenient.
> while simultaneously rejecting US imports
We definitely don't reject US imports (with some exceptions - see below). There's an imbalance because US shit is more expensive - Canadians buy cheaper Canadian goods and Americans buy cheaper Canadian goods. Once again, this is literally "improving inefficiencies". The entire point of the deal.
> won't import American grains, energy, dairy
We most definitely import American energy, though it's rather convoluted - Canada sends crude oil to you, you process it, and then Canada buys American gasoline and other refined products. But where the products are more compatible (eg: electricity on the grid), it's the same deal as above: Canada buys cheaper Canadian electricity, and America buys cheaper Canadian electricity.
Grains and dairy are those exceptions (among a few other agricultural products). Food security was (and still is - probably even more so in the face of climate change) a major concern. Having our economy at the mercy of America is already a bit of an issue (as we've seen the past few days) but having our literal lives at the mercy of someone like Trump deciding to just stop exporting to Canada...? That's not a trade deal at that point, that's an execution waiting to happen and NAFTA wouldn't have been signed if that issue was forced (and several deals since then have been compromised or cancelled when the Americans demanded we give up on food security).
Also, the US has many similar free trade exceptions (though yours tend to focus more on keeping military secrets than on whether the citizens get to eat because priorities).
> These lopsided trade deals are hurting Americans
No, it hurts a _few_ Americans (the ones in the affected industries) while providing lower cost goods for _all_ Americans. Yeah it sucked if you happened to work for a Detroit automaker in 1988, but "American" cars are a good 30-50% cheaper than they would be without NAFTA. Same goes for a lot of fruit (American imports >40% of its fruit from Mexico) and other produce. Gas would be significantly more expensive (especially in the midwest where most Alberta oil ends up). And so on and so on.
The question you should be asking is not "is free trade good". The question you should be asking is how much more you're willing to pay for basically everything you purchase in order to support some reality TV star's incorrect understanding of how trade works?
@ well phrased, I’ve never read a coherent argument to justify annexing Canada.
@ > to justify annexing Canada.
Well sure. America would be much better off with Canada - we're a great country.
We're also a country that doesn't want to be American. Annexing us is going to be a little more complicated than just saying "I want that".
this video is late and aged like milk.... most of the information are out of date....
Which one?
Everyone loses in a trade war
The fact that this comment only got 1 like really scares me
He actually made Sheinbaum deploy 10000 more troops to the border and halted the tariffs for a month
Those were already being deployed, on the other hand, he agreed to stop the flow of weaponry into Mexico
they weren't already being deployed just the opposite actually, and over 6500 will guard and added to mexicos southren boarder which is great news
also it's proven majority weapons in mexico come from China and Latin America
He got dog walked by sheinbaum
@@seanparvis8568 They were though, for weeks now
Trump learned that "tariffs" will scare people he doesn't like and throws them around like a monkey and shit.
Honestly the idea that he's doing any of this in good faith or proper reason is kinda misleading... like to combat fentanyl
Exactly. 90% of fentanyl is smuggled int the states by americans through legal bordercrossings.
It would be more interesting to try to explain how could tariffs could NOT backfire.
Because both Nations back down and are agreeing to all of Trump's demands on border security
Trump gets Canada and Mexico to march 10,000 troops each to the border which won't change anything but makes him look like he's a strong man pushing other countries around and then he can back down before US citizens feel too much pain and declare victory.
@@hans2936 All of Trumps demands you say? So Canada is 51st state and cartels no longer exist in Mexico? You are so easy to fool.
Tariffs on the UK and France until they service their US loans would be fair as they haven’t paid a penny on their sovereign debts since 1931.
Then should USA pay china for the bonds that china holds.
You should recheck your facts. Debt payed.
@ The USA services its debts, Britain and France haven’t paid a penny since 1931. Notice any difference?
@ Yeah? When were the loans repaid and what amounts? This will be interesting.
@ -- I believe it was 2005. It was nice of you to show up late but make money off the war. Oh ya, thanks for taking credit on winning the war all by yourself
''Of the 410 terror suspects stopped at a U.S. land border crossing in the past year, 87 per cent came from Canada, according to data from U.S. Customs and Border Protection.''
If read the actual article by the national post they're basically all legal immigrants "U.S. Customs and Border Protection records extremely few instances of someone on the terror watchlist attempting to enter illegally from Canada". Being on the list doesn't mean you've committed a crime, it just means the US suspects you of something
@@Phil-Des So more than 2000 crime organizations in your country, and it's no one's fault because the population is too large? Just a few months ago there was a fentanyl superlab bust in your country - only 1 arrest mind you - with enough fentanyl to kill 95 million people, more than double Canada's population. Where did this come from/the ingredients? It seems like the U.S. is actually doing its job - thereby the stat of 87% terrorists coming in from Canada. Trudeau is only know apparently enforcing strict border security measures.
That doesn't actually mean more people are crossing at the northern border, it means more people were stopped at the northern border. Why is this so hard to understand?
@ Why are there fentanyl superlabs and more than 2000 crime organizations in your country?
@@PoniesNSunshine > Why is this so hard to understand?
Because it conflicts with the narrative they've been told to believe and its easier to shut off their brains entirely than it is to deal with the cognitive dissonance they experience when reality inevitably conflicts with the ideology they've been spoon fed their entire lives.
and people thought trump was good for the economy... smh
Cope harder.
@@oldsenpai4337With what? The economic collapse 😂
His tariff threats were a stroke of genius. He already postponed them by a month. Plus, both mexico and Canada have pledged to spend billions on border security with American to appease trump. He got what he wanted and with just a tariff threat. Genius
His tariff threats were a stroke of genius. He already postponed them by a month. Plus, both mexico and Canada have pledged to spend billions on border security with America to appease trump. He got what he wanted and with just a tariff threat. Genius
His tariff threats were a stroke of genius. He already postponed them by a month. Plus, both mexico and Canada have pledged to spend billions on border security with American to appease trump. He got what he wanted and with just a tariff threat. Genius
Trade war? What trade war? I didn’t hear anything about a trade war? Tariffs? On Canada and Mexico? Today you say? No, no new tariffs I can see. I’ve got the import sheet right here. That sounds like crazy talk.
Trump chickend out of Canada/Mexico tariffs he didn't even last a day 😂
Isn't it the other way around. All they had to do was maintain their positions and not do anything.
Yet Mexico is pledging thousands of soldiers and Canada millions of dollars for reinforcement as well as new policy
@@SPECTRA890but those were already in place. Nothing changed
"either pass onto consumers or rejig their manufacturing to be entirely based in the US" - I REALLY Hate how the media redoes this definition depending on the narrative.
The exporter doesn't "need to pass this onto the consumer" - if there is enough of a margin you can keep your prices the same and just have smaller profits on the same revenues. This happens too.
As Europeans, at this point of that's what the US has become we should just go with China and increase our cooperation with South America, Canada and Asia just to ditch the stupid orange man
A lot of different people live in the U.S. A lot.
No single person is omnipotent. Even governments aren't omnipotent. Relationships can be built with others too. In fact, most European relationships with "America" over the past century have been with non-presidential Americans.
@@declup oh for sure, but the problem is that in the US, a single person (ie. the president) holds a brutal amount of authority which then affects the rest of the relationships and US foreign goals flip 180° every 4 years so it's extremely unpredictable.
China is still worse than relying on the U.S. Instead, we should federalize, and be our own masters.
No. Canada accounts for 1% of the US GDP while we account for 60% of theirs, now more. 😂
? Did you watch the video? What are you disagreeing with?
@Pomegrante-b1m did you watch it?
@ Yah I did that's why I asked you a question. One you did not answer.
@@Pomegrante-b1m I did answer. In a few places. It's not my job to educate you. Good luck. Respect.
This is why I say that if Trump is a dictator in the making he’s certainly not hitler, he’s more like the idiots Mussolini or Nicolae Ceaușescu😂
Edit: not to down play the damage he can do, I just don’t want anybody to overestimate the intelligence of this guy
He is rather like Bukele and Tito
Trouble is, that even a stupid and irrational dictator can still remain as dictator for long enough to hurt millions. Being a dictator is one of the few jobs where being willing to do crazy dangerous things is more important than skill or intelligence
So far it all worked out
How? The US delayed the tarrifs when trump found out Canada and Mexico were already doing what he wanted them to do. All it did was destroy relations with allies
If you call irreparably destroying relationships with all your allies that your ancestors have been building up for generations "worked out", then yes, it did "work out".
Appreciate what you guys do.
Art of the deal, very nice deal, the greatest deal and its just the first week!
Too much winning!
Wow. Imagine being this wrong this quickly lol.
as a former Infantry Soldier, I would rather they fight a Trade war over an actual fighting war.
there was never a need for a war with actual friends.
@@nickt2822but a trade war with Mexico is somewhat justified. Not saying ever invade them though that's so like 1800s
You're saying that like there's a need for either. Americans man...I honestly can't stand them.
Why is there any war with Canada or Mexico? Why the false dichotomy?
are you suggesting that if trump didn't start a trade war with mexico and canada there would be some need to fight an actual war against them?
Is there still a soybean industry? No. Do countries pay to export to a nation that they don’t need to sell to? No.
In like a year or two I won't be surprised to see giant Trump statues made of gold everywhere
That would be nice
I understand you're making a satirical point.
I wouldn't say this is a particularly realistic prediction, though.
Even in established autocratic territories, are there scores of gold statues of dear leaders? For a lot of different reasons, in those places and in the U.S., they aren't likely to be built, and they wouldn't be likely to survive if they were.
He's stopping the right of any country to trade with them by imposing tariffs 😂
Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisor chooses entry and exit orders
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals
Lisa Grace Myer is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Have you learned nothing? Zoom out slightly
Anyone who claims with certainty that the tariffs will work or not work is lying to you. The truth is, no one knows.
Work for what, exactly?
History informs but doesn’t predict. But the world is intertwined in ways that never existed before. Uncertainty is the worst thing he creates. Buckle up.
@@krashme997 Work as intended according to Trump's claims regarding their purpose.
The last time - possibly the only other time -the US used tariffs like this, it massively worsened the Great Depression and caused the Depression to go global.
Between that and the opinions of basically the entire field of economics (an economist can be wrong, an entire school of economic thought can be proven wrong, but when pretty much every Economist agrees something is a bad idea, you should generally listen to them,) we have good reason to be extremely skeptical.
@ Uncertainty is always a factor. This is nothing new.