Canada Strikes Back Against US Tariffs! What Lies Ahead?

The U.S. threatens 25% tariffs on Canadian imports, but the host argues it's really about pressuring China, not protecting American jobs. Over three-quarters of Canadian exports go to the U.S., and 34% of Americans are already stockpiling goods ahead of potential price hikes.
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All right, hello everybody and welcome to Geopolitical Trends, where truth matters. Excited to be with you as always. Got an interesting topic for you today, which is about the behind-the-scenes tensions that's going on between the United States and Canada regarding tariffs. Yeah, whoever thought? But things are not what they may seem to be, because there are some, uh, some tactics, if I may use the term, that's been deployed. And this is what I'm going to be providing you with, some analysis about these developments. But before I'll do this, let me first say hi to our wonderful community. Uh, Hank, good to see you as always. Muslim Revert Canadian, huh? That's, that's their saying. So Winnie Home. And as always, Timeline Dunkley from New York, good to see you as always. Truth Seeker, as always. Uh, Thunderbolt, good to see you. Matt Becky, Wonky C, as always, good to see you guys. By the way, guys, for whomever it's first time here, please make sure to subscribe to this channel. And you guys need to help me out. We set a goal to reach 100,000 subscribers by the end of this year. So we're getting there, but please just share this with whomever you know and ask them to subscribe. I will be grateful to you for that. So there are some housekeeping stuff I want to share with you. Uh, be on the lookout for a video analysis that I did, uh, for you. It's going to be released on Saturday morning. And I am also working— my editor, as a matter of fact, working on another one for you, very, very interesting one, uh, that you might want to take a listen at it once it's uploaded and released. So second thing is remember to join me on this channel. I'm not going to do it on health channel, on this channel, uh, during our community conversation. I'm going to bring in Dr. Stewart to answer your questions. Some of you have been sending some comments regarding some health questions and so forth. So I talked to Dr. Stewart, and he said, sure, I'll be happy to come on, on the channel and answer some questions. As you may know, Dr. Stewart specializes in Parkinson's disease. He understands how to deal with that disease very, very inside out. So that's something you don't want to miss, and I will give you a heads up, uh, uh, before, uh, that, uh, live stream, uh, is, is set and scheduled. So, all right guys, let's get into our topic of today. What we're gonna be talking about, we're gonna be talking about the US and Canada, and as I put it in the title, are they on a collision course? Well, common sense would suggest yes, they are, because the US threat Canada with tariffs, and Canada threatened to retaliate with that. So common sense would suggest, yes, they're going to be on a collision course. But on the other hand, is it really? If you only know the background story— and this is exa— again, what I'm going to be providing you some analysis about. By the way, guys, if there are any questions, I will be happy to answer the Super Sticker questions if there are any. So So Canadian Prime Minister, uh, Prime Minister Dictator Trudeau, that is. Let me see a picture of, uh, I have some pictures here, guys, that I'm going to be sharing with you. Oh, I thought I have his own picture here, but anyway, here is one. That's a funny one. Well, you know why it's funny? Do you guys know why? Because if you go back to 2018, if I'm not mistaken, it was the same setting in a reverse. When Trudeau was invited to the White House. So same argument. So funny how in diplomacy, you know, those things kind of like, uh, but this one looks like Donald Trump is telling Trudeau to go take a hike because that's what it is. So any, in any event, so Justin Trudeau stated that he will retaliate against the US if the, uh, the latter, the United States, that is moves forward with its 25% tariffs on all Canadian products, uh, uh, uh, entering the United States. So, so it becomes a question, and those are, by the way, the questions that I prepared for, for you guys. Uh, let me get it for you here. Oh, I got so many that I couldn't even remember which one is which. So just bear with me, guys. Uh, yeah, right here, right here. You know, what is this is all about? Is it really tariffs? So all joking aside, so second question: are economic tensions on the rise between the two? So, and third question is what Canada can do. What can Canada do to the United States? You all know the nature of the relationship between the US and Canada. This is no different than the US and Germany, the US and Canada, the US and Italy, the US and France. You got the idea. So that's why I'm like, you know, okay, all this bravado from, uh, Trudeau What will it mean anyway? Because when he's given the order, he's gonna have to bow to the orders. Simple as that. You know, some might think I'm being too, uh, too, uh, aggressive here as far as minimizing what Canada can do. No, I'm not denying this. Canada will retaliate to a degree, but at the end of the day, Canada will be doing what it's told to do. Simple as that. And I'm going to provide you examples to highlight my point, so I'm not talking just on the top of my head here. So, so as you know, President-elect Donald Trump, that is, threatened now to impose 25% tariffs on goods coming from Canada, and by the way, Mexico also, in addition to China. You know, do you see the link here, guys? Do you see the link? First is going to be on Europe for about 10%, China an additional 10% for that, then now Canada, and of course Mexico. What they all have in common, you know, I'm gonna let you answer that question, guys. What they all have in common? What is one country that they all have common towards for why these tariffs narrative is being pushed forward. So let me see in the chat box if you guys can type in which country that is. Oh, oh, Z, you got it, you got it. It's China. It's China. So when you hear bravado like this, we're gonna put tariffs on, on Canada and all that, it has nothing to do with Canada. It has nothing to do with protecting the jobs in the US. It's nonsense. The same argument can be made about going and pushing more tariffs on China. Well, who's going to end up paying the— footing the bill for that? It's not the government, it's not the elites, it's the average citizens, me included. I'm not an elite, I'm an average citizen like everybody else. So, and this is why I want you guys to really pay close attention to when you hear or read a headline that says US threatened Canada with that. Do you know that it could be a possibility is nothing but a diversion? Because the possibility is there. To me, when I put the pieces together, it became clear to me this is nothing but bravado and hypes. Because what is aimed at is aimed at China, after all. Especially when China mentioned that is going to move some of its operations regarding the EVs to Mexico. This is why the US is saying it's gonna put 100% tariffs on Chinese EVs. So makes you just think. And that's why a lot of— because I've been reading some article, I'm gonna share some articles with you and so forth. So, uh, now here is what the Canadian Prime Minister, Dictator Trudeau, is saying, is saying as of, uh, literally just 2 days ago, 3 days ago on Monday. Saying that Americans are beginning to realize that imposing tariffs— and this is a quote— putting tariffs on all products coming from Canada would dramatically increase their cost of living, end of quote. This is what Justin Trudeau is saying. Well, yeah, that is true. No, nobody's denying this, but also it's common sense. And this is why the argument is, to those who advising president-elect, do they understand that the imposition of tariffs, we're gonna end up— we consumers gonna end up paying the price for them? And this is where Trudeau mentioned, stated on the record, that he will take retaliatory measures if Donald Trump insists on taking this move moving forward. Once again, and I am using history as my guide, if we are to think about Canada doing anything unilaterally, we will be spinning our heads because Canada cannot do anything on its own without the approval of the United States. Simple as that. Is the same argument I've been making with regarding UK, regarding Germany, regarding France to a degree. But in the case of Canada, Germany, and UK, no, no, no, no, no, they all have to follow the master. Sad to say, but it's the truth. So, so now before I move forward into this, I decided today to do a little geography and a little history for you to really understand how Canada came to be. A lot of people have no idea. I lived in Canada back in the '80s. Uh, I still have some ties to Canada per se. Uh, I was in Canada a few months ago, so, so I'm very familiar with how the Canadian society is, especially when it comes down to its government, how it operates. But let's, let's talk about some geography, and I'm gonna share a link with you, and I give credit to, uh, World Atlas. So let me share this with you guys. I found it very interesting to always learn about history of a country. That gives you some insights. So, so here's the geography here, uh, or, or the, uh, map, that is. All right, let me make this bigger. I know it's not that very, very clear, guys, but just bear with me on this one here. All right, Canada. When we look at Canada, is the largest country in North America. So, and Canada is bordered by non-contiguous US states of Alaska and the Northwest, and by about 12 United States, uh, states, other US states, that is. So in the south, south of Canada, that is. So the border of Canada with the US is the longest binational— in other words, between two countries— binational land border in the world. It's very, very long. It's about, uh, 2,800 miles, something like that. I mean, very, very long. So Canada is also bound by the Arctic Ocean to the north, by the Atlantic Ocean to the east, and the Pacific Ocean to the west. Canada also shares maritime borders with the island of Greenland in the northeast and the French island regions of Saint-Pierre and Miquelon in the southeast. This is why Certain areas in Canada, especially when it comes down to Quebec, they are speaking French, not American. So I just need you to understand. Of course, when we talk about borders, mainly you talk about the US. That is so. Now let me share some history with you about Canada. Very interesting. Of course, we can't forget the atrocities the Canadian government— we're not pointing fingers here, guys. Let me just put this on the table from the get-go. But the facts, the historical facts, ought to be mentioned. It's no different than what my government did here to the Indigenous Indians, to what the Aussies, Australia, did to, to Aborigines. You know, those are facts, simple as that. We're not here pointing fingers and all that. So the history of Canada basically covers, if you are to think about the arrival of the, the Paleo-Indian Indians, Indians, that is, way back, about thousands of years ago, to the present day. That's how far it goes back. So prior to the European colonization, the lands encompassing present-day, uh, uh, Canada were inhabited for millennia by none other than indigenous people. So, and, uh, of course, back then they were known for trade networks. They were known also for spiritual beliefs, uh, and some sort of style of, uh, social organizations. Those are tribes. That's how they used to be. And back in the 16th century, French explorer by the name Jacques Cartier used the name Canada to refer to the area around the settlement that is now Quebec. City. This is why French is rooted in that part of the country. So later, Canada was used as a synonym for the New France, which from 1534 to 1763 included all French possessions along the St. Lawrence River and the Great Lakes— uh, lakes, that is. I'm sorry. So I have, uh, Uh, I think I have a link somewhere. I'm gonna put it for you. Very, very interesting, uh, for you to see because it's worth understanding really what the history of Canada is all about. Uh, let me, let me see here. Very interesting, the dynamics that, that goes back. So, so when we think about, uh, for Canada to gain its independence, it took about 400 years to gain this independence from European exploration before it became independent. But you have also to go back in history. And where you're gonna go back? You're gonna have to go back to the first nations that lived in Canada. And this goes back to about 1000 AD, and when the Norse settlers— Norse were the Scandinavian settlers that came from Scandinavia to that part of Canada to settle in. So, however, when these new settlers came in, they settled in an area called Newfoundland, which is now in Canada. And but, but the age of the Canadian colonization didn't start till about 1497, when none other than John Cabot landed somewhere in Newfoundland. And I got a picture from a historical record. It's— sorry guys, it's black and white, uh, you, you'll be okay with that if I share that with you. Uh, this is a picture of, uh, John, uh, so— and by the way, I give credit here to Corbis and Getty Images because we got to give credit where credit is due. And remember, it's a depiction of what it was back then. So now, the land Cabot explored was briefly claimed by both the Spanish Crown and the Portuguese Empire. So, and since Cabot's voyage was funded— who, who funded the, uh, John Cabot trip? Does anybody know, guys? If you can type in, in the chat box, John Cabot's trip to Canada, it was funded one by one particular country. Which country was it? Just to, like I always say, to have you part of the conversation in this discussion here. Uh, not France. Good try, a good try. Not France. It was another colon— uh, imperialist back then who end up controlling parts of Canada. Uh, uh, Zhaoyang, you got it. It was the UK. It was the UK, United Kingdom. So United Kingdom, Britain, Great Britain at that time funded the trip. So, and what happened? So now they could claim the land too. That's the reason why they funded it. So however, Britain at that time lagged behind, and while they did so Who end up claiming the land? The French claimed the territory they called now Canada. And this is why they claimed it, by the way, in 1530, 1530, along with land that extended to the eastern Atlantic and up to Hudson Bay. So of course, fast forward, France built up its vast colonies in, in, in the region and, and so forth. And they established settlements in none other than two main areas, actually three. One is Newfoundland, two is Nova Scotia, and three is Hudson Bay. That's why where the French settlements were back then. And this is where it developed so-called colonialism in Canada that ended in a war. So fast forward to when Great Britain colonies were largely agricultural and its settlements were much larger than France or French ones. French colonies were less populous, so, but they used their resources strategically because there was a fight between France and Britain regarding the domination in, in, in Canada, that is. So at the same time, both Great Britain and France vied for global supremacy at that time because remember Back then, France had a major navy, so is the, the Brits, uh, back then. So, and that's why this pitted Canadian colonists against one another. This is why the history is important for you to understand. So, and there is why, in an attempt to curb France's economic power worldwide, British troops— what did he end up doing? They end up focusing their, uh, sort of efforts mainly on French overseas outposts like Canada, basically to drain, uh, because if, if, if a country like for my country right now, when we are getting involved in these conflicts all over the world, what is doing to us is draining the resources at the expense of the average citizen. That is the reason why I need you to understand this, or same for Canada itself. Why the heck is Canada going sending its weapons to Ukraine and going sending its support in South China Sea? Why? So just to put it in perspective for you. So, and this is why since France was vastly outnumbered in Canada, it struggled to defend itself against British attacks. Fast forward to 1754, exactly. Great Britain and France began to duke it out in in Canada itself. In other words, they start fighting inside Canada. So France is allied itself with— guess who? None other than Aboriginal Canadians to boost its small troops. Basically, they using the locals to fight or to do the fighting. Again, why am I sharing this with you? Is the same pattern we're seeing now with the US regarding South Korea, Philippines, Japan, Germany, France, uh, UK, and so forth. You know, if like, especially in Asia, if the Asia— there's three countries: South Korea, Japan, and Philippines. And I'm going to add Australia. That is, if they think we are coming to their defense, they are mistaken. The same arguments here. France used the Aboriginal Canadians, put them to the front line. So of course he wanted to boost its numbers, but, but it was no match for the brave It's because the Brits back then, they were a major, uh, uh, power. Nobody doubt that one. So by '17— by 1759, British had roundly defeated the French. And the French and the Indian War, which was part of a broader conflict called the Seven Years' War— to those who knows history, I'm not gonna get into that because it's too long, guys. Uh, which ended soon after. Fast forward to 1763. What happened to 1763? France ceded, uh, Canada to Great Britain through none other than the Treaty of Paris. Now you know, understand. Now you understand why the influence of the British rule inside Canada. So Great Britain end up controlling all of Canada. So this is why even back when I was in Canada in late '80s, you know, it was that issue of the independence of Quebec from the rest of Canada, and the tensions were— it took a trip by the— what's her name— the, the queen that died, Elizabeth. She had to fly over to settle the dispute. Even till today, guys, to my viewers who are in Canada, you all know the Canadian dollar, who's on the picture on it? You know, can anybody tell me, guys, who is, who is the, uh, uh, who is on the Canadian dollar bill as far as the picture? Let me just see what you guys can type in. Yeah, I know it's— there's a delay here for it to show. Anyway, I'm gonna move on because It's not showing up here yet, so yeah, it's the Queen. Oh, oh, Thunderbolt, you got it, the Queen. So which tells you what? Think about it, guys, just think about it. And I'm gonna just throw some ideas for you. Think about Australia and think about Canada. What do they share in common? They both still under the Commonwealth. Whose Commonwealth? Whose wealth? That is of Britain. So to me, I will, I will say straightforward, are they sovereign? Yes, on papers, but that's where it ends. The case is different regarding the US and Canada, and we will get into this as I move forward here. So now, uh, briefly here, quickly, uh, the, the— when, when Great Britain took over the Canadian colonies, you know, because they were far away from England, as you know, because geography, of course. So now the idea that during the Revolutionary War, Canada became the brief battleground and served as refugee for none other than the loyalists, okay? And this is why during the War of 1812, US and British forces scrimmaged along the colony's southern border. It's all about who's going to be controlling. And, and the long history of this, uh, uh, and I'm going to share the link with you guys because I don't want to spend too much time on this because I got to get into the analysis. One thing I need to share with you, and what I need to share with you is that Canada, Canadian government, it is known, it's a fact, it's not a secret, it's a, it's documented. Even Canadian themselves, Canadian government that is acknowledge that one, that it has committed atrocities against the indigenous people. Two main aspects of it: one is ethnocide and the other one is genocide. Let me define those two quickly for you. Ethnocide, what is it? Basically is the deliberate and systematic destruction of the culture and an ethnic group. And this is exactly what the Canadian government bid to the indigenous culture in Canada. Genocide, on the other hand, is the description of— its description goes like this: is the deliberate and systematic killing and the persecution of a large number of people from a particular national or ethnic group with the aim of destroying that nation or that group. So, and it was a great article by Fanny Lafontaine, and I'm gonna provide you the link for her. She's a, she's a professor titulaire en droit et la chaire de recherche du Canada sur la justice internationale pénale. Basically, she's a full professor of law and a holder of the Canadian Research Chair on International Criminal Justice and fundamental rights. And she is a professor at, uh, uh, Laval University. To my Canadian viewers, you know which university I'm talking about. And I'm going to provide you the link to her, uh, uh, articles and, and so forth. You can read up on it. So now let's get into our analysis here as far as really what this statement by President-elect Donald Trump regarding the imposition of tariffs on Canada and the response by Prime Minister Dictator Trudeau regarding this particular tariff, that he will retaliate. So, well, here is what Trudeau said during a meeting at an event was organized by the Halifax Chamber of Commerce. Trudeau stated, and I quote, Dealing with Trump will be more challenging this time than in the previous term because— pardon me— because Trump's team comes up with the clearer set of ideas for what they want to do immediately compared to his first election victory in 2016, end of quote. Basically, Donald Trump, Donald Trump Uh, uh, uh, Trudeau is realizing that this time around things going to be different. And this is why I put in the thumbnail that like, get lost. That was for a reason. So, so here is what happened. Of course, that president-elect now threatening to impose— whether he's going to move forward with that or not, we don't know. That could be, before we know it, nothing but a tactic. That is nothing but just to scare Mexico to convince not to allow China. You see where the pieces are behind closed doors. There is talks that's going to say, Canada, don't worry, we got you back because you are under our thumb. We dictate the terms. That is the way I read it. Yeah, the headline says, well, Canada is going to retaliate. Well, of course they're going to have to do that. They're going to have to say that. Are they going to do it? Especially when you realize how much part of the economy of Canada depends on accessing the American market. So, and I'll tell you that, so I'll share with you that as I move forward. So President-elect Donald Trump, that is, as I said, threatened to impose 25% on all products coming from Canada and Mexico. Well, here is the— here is the question mark you need to think about, guys. If we are dealing with Canada, why are you dragging Mexico into all this? Is this like the intimidation to the new president of Mexico? But again, I feel comfortable saying— and if I am wrong, I am wrong, I admit to my mistakes— but I feel comfortable saying this is not about Canada. This is about China scaring Mexico, first of all, and creating a diversion through Canada by saying, we're gonna say we're gonna put taxes on you. You're gonna issue a statement by saying we're gonna retaliate. Mexico is going to take step back and start to think about, well, if that happens, because Mexico sent serious amount of billions of dollars to the US market. But on the other hand, this is not about those two countries, it is about China, far away. So, and this is why endless— because here is what Trump argument is all about, these tariffs, what is all about. It has to do with two things, and those two things are immigration and drugs. Okay, if you are to take step back and think, what does two have to do with economy? You know what I mean? Wouldn't you want to embark on that as a separate policy to begin with? So, so when he said about— he wants both countries to stop the flow of migrants and drugs on American soil. Wait a minute, what happened to the war on drugs that we've been involved since the '80s? And nothing has changed. It's because we know is the convenience of it. You know, I'm gonna use history again as my guide. I'm gonna take you back to the 1970s in Southern California. Who introduced drugs into that part of the country? So now here's the thing. During Donald Trump's first term, you know, he did impose 25% on steel imports and 10% on the aluminum import. And Ottawa responded by targeting some American products. So however, there were some discussions behind closed doors that kind of worked out a deal of sort. And this is where when Trudeau states something like this, and I quote, Trump was elected on a pledge to make Americans' lives better and more affordable. And I think people south of the border, meaning us, are starting to realize the fact that tariffs on everything from Canada are going to make life more expensive, Trudeau stated, end of quote. He's partially right. Yes, of course, anytime there are tariffs, we're going to end up paying the price. But this is Trudeau playing with the psychology of the masses because the election of Trump wasn't about that. The election about Trump was a punishment for the Democrats, but also for the waste of money that's been sent to Ukraine. And speaking of that, as we speak on this, Treasury Secretary, the idiot Yellen, is stated— and I posted this for you guys in the community that she, she argued that we're gonna be now sending $20 billion to Ukraine. How insane that is, to Ukraine with the Russian assets guarantee. And this was, was quoted by the US Secretary of Treasury Janet Yellen when she said, and I quote, this money funded by extraordinary revenues generated by Russian fixed assets will provide Ukraine with critical support, end of quote. No, no, no, no, no, no, no, Madame Secretary of Treasury, you are lying, because what it amounts to is theft, plain and simple, straightforward. That's like now what's going to be happening to the $112 million in Switzerland that belongs to Syria. Who's gonna have his or her hand on that money? So, and this is once again why I need you to see the big picture, guys, to understand the big picture of this. And that is why when you hear, uh, uh, statements like this— no, Trudeau, you want to play both sides. How can we trust Trudeau? I mean, are you guys going to trust Trudeau? No. And here's the thing. Uh, and this all happens because Trump responded to Justin Trudeau when the latter posted on social media referring to a dinner Trudeau attended at Trump's residence in Florida. Yeah, Trudeau was there for dinner. He was in this Mar-a-Lago in Florida. That's the Donald Trump residency there. So, well, it does— it doesn't add up. You are invited to dinner, all of a sudden this comes up. That just to me doesn't make any sense. But here is the key that I need you to get, because Trump stated during that dinner one thing specific. And the thing is, Trump made a joke that Canada could become the 51st state of the Union. You know, are you surprised at this? Yeah, it's joke, but is it? Think about it, guys. Just think about it. And I'm going to tell you why in a second. So, and this is why Trump said on a social media platform, his one, not on X, uh, uh, he says, and I quote, it was a pleasure to have dinner with Justin Trudeau. The governor of the great state of Canada several nights ago. I look forward to seeing the governor again soon so that we can continue our deep conversations on tariff and trade, the result of which will be truly amazing for everyone. End of quote. This is what I call political sarcasm. That's exactly why I put that title on this thumbnail by saying get lost, because that's how we view Canada, as the 51st state. Because Canada is no— you know, come on, tell me, gone the era of when, uh, Justin Trudeau's father Pierre Trudeau was a statement. Trudeau is no qualified for the position to begin with. It was the family name that got him into this. I mean, you move from being a teacher to— no offense to teachers, whatever. Yeah, you could be a good— but apparently for the policies he embarked on, you all remember what Dictator Trudeau did back in Ottawa during that era of COVID And the policies he came with and mandating everything on, uh, the Canadian people. Let alone the worst of them was when he ordered the banks to release the names of those who were protesting. And GoFundMe was another worse and corporate into this because they shut down the account for $10 million by the donors in support of the protests. GoFundMe— don't ever, guys. I was about to open one before my Asia trip, and thanks to you guys— and I remember Jules Liang warned me about GoFundMe. Thank you, Jules, for that. And I kind of overlooked it. So Buy Me a Coffee is the best for me now. So, and this is what I'm saying, of course, if this is not enough, I'm gonna share this picture with you. You all know who this is. Can anybody tell me in a chat box who this person is? Let me just check on the chat box. Uh, CFO of Huawei, John Smith. You got it. Sam Tan. You got it. That's Meng Wanzhou, and I did a video on it. Why am I bringing this up? I am bringing this up to highlight to you how it was by orders of the United States that Canada detained Meng Wanzhou. Canada had no business whatsoever to detain, uh, uh, an individual crossing through its borders on her way to Latin America at that time. And I digged into the information and found that because I did videos on it. So I had to, as a matter of fact, reached out to some very, uh, individuals in the company to get the facts from the facts. And I said, the question was, when I asked them, I said, what was she doing in Canada? They said she wasn't going to Canada, she was crossing into— it was a layover, but Canadian had to follow the orders from the White House. And later on, a memo was released. It was confidential, but it was leaked that it was an order by the White House dictating to Canada, you need to arrest her. So where is this sovereignty? Where is this, uh, independence? And once again, that's my point for why I wanted to highlight this to you guys, to put this in perspective. There is another major issue which happened between China and Canada. You all remember this, right? The background story of this, when President Xi Jinping reprimanded Justin Trudeau for not honoring the private conversation they had. It tells you right there, how can you trust this kind of prime minister? And Canada, now if you look where Canada is And I talked to people, as I said, I was there a few months ago. If you see where Canada is headed right now, and please guys, if there is anyone from Canada watching right now, if you will be kind and share with our community how are the conditions in Canada. I know one thing, for the housing market, it's, it's to the roof. People cannot afford to buy housing. As a matter of fact, the level of poverty now is increasing in Canada. No different than here in the United States, because Canada also uses its tax dollars from its citizens and keeps sending it overseas. You know, gone Canada that I remember when I was a kid. It used to be very looked up to. It was one of those marvelous places that you will want to visit. Because Canada was standing for something back then. Now Trudeau— and again, I am not a Canadian citizen, I have nothing against Canada or, uh, Justin Trudeau, you know, the facts speak for themselves because it's up to the Canadians. This is no different than in Germany, this is no different than in Japan, in South Korea, in Philippines, in Australia, in the UK, in Italy, in France. You got the idea. Even Africa now, you know, saying to why all of a sudden the American president is coming over here and extending few millions in, in, in economic aid. Where was he, or where was the American government some, uh, 4 decades ago, 5 decades ago? No, it's because Africa, we need to extend and kick to the French out, the Germans out, the British out. The US had no place anymore. As a matter of fact, they kicked the US out of Niger, and I did a video on it. They told the US, you need to pack and leave. And all this trip of the, uh, president— why is he going there? I mean, Biden cannot even know day from night. Wasting tax dollars for that. So But anyway, this is— oh, by the way, I forgot to share with you the picture of that author, Fanny, uh, uh, Fanny Lafontaine. Yeah, anyway, that's her picture. So, and this is where you have to understand this dynamics as to when you hear something like this. Of course Trump was joking, but was he when he said, yeah, we look forward to Canada becoming the 51st state? Or it was a pleasure to have dinner with Justin Trudeau, the governor of our great state of Canada. So, so now here is the thing that I need you to understand. Most Americans— and again, I speak for my country that I see— there's a lot of concerns right now, especially now with the holidays. There is a lot of concern that Americans are thinking about if this tariff is going to move forward, how is that going to impact our economy, our daily life, our purchasing power, and so forth. Most of us Americans— not all, I shall not generalize, of course— live on credit, use credit card. That's why when you have the holiday like this, a lot of people use credit card for that because that's usually how you shop and all that stuff. Unless you are not responsible with your credit cards. So, and this is where you have a sort of, uh, uh, people are not certain now where things gonna hit, because if the tariffs moves forward, it's going to translate to the price, which means average citizen is going to see in the increase and it's going to impact his ability or her ability to purchase necessary items, necessities, that is. So, because it's certainly anytime you raise tariffs, it's going to increase the prices, uh, on, on consumers. Doesn't matter what country that is. So now, in the case of Canada, here is where the challenge is and why I am a believer that all this is nothing but a bravado, is hypes. Is aimed at China and of course to scare Mexico. When you consider more than three-quarters— listen carefully— more of than three-quarters of Canadian exports, which value to about $425— about $420 to $423 billion, comes to the United States. Actually came to the US in 2023, just last year. A half a billion, half trillion dollars. The same arguments can be made about Mexico when you consider that Mexico— and I, I think I had a number here somewhere, uh, uh, how much Mexico, uh, sends to the United States, large, uh, in billions. So the idea that Trump's policies regarding the tariffs on Canada and also the Mexico, they will share one thing in common since they have what's called the, the, uh, you remember the, uh, not the NAFTA, the other one, the USMCA, US, Canada, and Mexico, uh, tariffs that, or treaty that they signed. Uh, so this is why, you know, no, no, this is something, something is not right about this. And when you consider, as I said, the consumer will be thinking about how we're gonna afford now to buy things during the holiday, uh, be they in Canada or in the US, because everything will have to go on credit card. So I can see the arguments, let alone for us, oh, we're just wasting our, our tax dollars and so forth. So now when you think about— and this is according to Bloomberg, and this is why I read from different sources— according to Bloomberg recent report, 34% of Americans have started now, believe it or not, they have started stockpiling on items like canned food, like toilet paper. Like, why? Because the expectation of the price hike once Trump inaugurates the office in January 20th and the tariffs will take effect. And this kind of, uh, uh, behavior, because that's how the market reacts. Market reacts just how, uh, by the, uh, in the political statements tends to impact the outcome. And this behavior in itself sends— sort of reflects on a normal state of anxiety, if I may use the term, and uncertainty regarding what's going to be happening between those three countries: Canada, US, and Mexico. Of course, China is the big elephant in the room. So, and this is why, uh, it's gonna be an increase in the cost of living And that's why there is this big concern. That's to me the way I see it. So, uh, I may be wrong, but again, that's how I feel comfortable about. So by the way, guys, before I forget, please make sure to hit the like button and make sure to subscribe if this is your first time in this channel. Remember, guys, I count on your help to help me reach 100,000 by the end of this year. We are on the 12th. We only have about, uh, 18 days left, or not even that, 2 and a half weeks. So let's push for this, guys, and I will be very, very grateful to you if you can share this with others and just go from there. So, all right, let me say thank you first of all, uh, and that's all I have to share. I am gonna, uh, uh, see if there are any, uh, Super Sticker questions. Raphael, as always, thank you very much, man. PM Chrétien and Harper, good and strong PMs. Yeah, I remember Chrétien when I was there. I was in Canada during the late '80s. I remember Harper. Harper was a middleman. He was, he was good to a degree. For, for Jean Chrétien, I was very familiar with the, uh, even Brian Mulroney back then. He wasn't It wasn't that, uh, but Trudeau just, uh, he just, he just turned Canada upside down, you know. I don't know if Canada is going to recover economically speaking. So because I talk to people, the conditions in Canada now are so bad. You never think the Canadians will be looking for, uh, sort of the poverty level will go up, or there is not enough food, whatever. I mean, we have it right here in the US. You know, our government doesn't disclose. For example, in my state, you know, there are, uh, programs in schools where they provide food on the weekend for the hungry kids. There's no food at home. You know, we're richest nation on Earth, so-called, and yet we're sending our money, wasting it on whatever. So that's, that's the— that's to me what I see. And again, just to wrap this up, just to wrap this up, guys, for you guys, do not jump to the conclusion that now Canada is gonna be— I put certain titles for a reason, to provoke your thinking, because I want you to think. I want you to step outside the box. That's like someone made a comment about, uh, uh, my, uh, uh, the video I did, uh, with Anna Malindag regarding Philippines, and he said, well, this is nothing but hypes. No, it's not hypes. It's thinking outside the box. If you're using history as to what took place in the '70s in Philippines about the Civil War, that was the reason. The same arguments I can make about Canada. So when you hear something like this, you know that is something behind the scenes. This is nothing but a tactic. That the, uh, because Donald Trump is going to want to scare, uh, the Canadians to come to the table, negotiate. They want to scare the Mexicans, but of course we'll go behind closed doors to the Canadian and say, don't you worry, we just have that as a facade. The aim is to prevent China from bringing its own, uh, products here in Mexico and scare Mexicans by not allowing the Chinese product But the world has changed. Now you get just the, the, the sheer, uh, size of, uh, uh, uh, economic exchange within BRICS itself. It will outdwarf that one of what's going on. And this is where the, the, the thing is that I need you to understand. Uh, Rafael, once again, thank you, man. Appreciate you. You wrote, my problem with Trump is he, he does not understand how much the world has changed from 4 years ago. America is not even number 4 now. He needs to adapt. I, I couldn't agree more. Like I always say, the world has changed and we need to change with it. And like I mentioned before, we have only two options. Either we're gonna sit at the table on an equal footing with everybody, in other words, to cooperate and so forth, or we're gonna end up paying the price for that. That, that's usually what I see. It's a And this is why I hope Canadians— there are elections coming soon, and I wish they can decide their country. Same thing in Germany, same thing Philippines, and you got the idea. So, oh guys, I am going to sign off here. I look forward— maybe I'll see you tomorrow, maybe not. Be on the lookout for my video on Saturday. And as always, remember please to hit the like button and share this video with others. As always, remember, geopolitics impacts your daily life. In more ways than one. Till next time, guys. Bye-bye.
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