Categoría
🗞
NoticiasTranscripción
00:00This next executive order is about protecting the people of the United States of America,
00:30protecting America from foreign terrorists and other national security and public safety
00:33threats.
00:34Again, crisis at the border, but it goes beyond that and it implicates other executive powers
00:39as well.
00:40President Trump, the cartels are now going to be seen as foreign terror organizations.
00:53Would you think about ordering U.S. Special Forces into Mexico to take them out?
00:58Could happen.
01:00Stranger things have happened.
01:04We're thinking in terms of 25% on Mexico and Canada because they're allowing vast numbers
01:11of people.
01:12Canada's a very bad abuser also.
01:14Vast numbers of people to come in and fentanyl to come in.
01:17When do you think you would enact those?
01:19I think February 1st.
01:20Are you planning on getting notice of that?
01:23I think we'll do it February 1st.
01:2425% on both, sir?
01:25On each?
01:26On each.
01:27This is an executive order.
01:57I mean, this is quintessential Donald Trump.
02:15I think, again, the U.S. has very serious concerns about fentanyl.
02:21He views the tariff as a tool to gain leverage over foreign countries to get them to do more
02:27to address fentanyl or the border crisis.
02:31But I don't, you know, it's an interesting tactic.
02:34I think, you know, he certainly believes in it.
02:38I'm just skeptical that the way you get countries to sort of cooperate is by poisoning the well
02:44with the threat of really crippling effectively economic sanctions that also hurt American
02:53consumers.
02:54I think that's the thing that needs to be reiterated here, is that ultimately American
02:59consumers will bear the costs of these tariffs.
03:01We're thinking about that, too.
03:03We're talking about a tariff of 10% on China based on the fact that they're sending fentanyl
03:08to Mexico and Canada.
03:10How soon on those tariffs?
03:15Probably February 1st is the date we're looking at.
03:18For Mexico and China, we're talking about approximately approximately 25%.
03:27You wouldn't have a steel mill open in the United States right now.
03:30You wouldn't have one.
03:33Other countries are big abusers also.
03:35You know, it's not just China.
03:37China's an abuser.
03:39But the European Union is very, very bad to us.
03:43They treat us very, very badly.
03:45They don't take our cars.
03:47They don't take our cars at all.
03:48They don't take our farm products, essentially.
03:51They don't take very much.
03:53We have a $350 billion deficit with the European Union.
03:57They treat us very, very badly.
03:58So they're going to be in for tariffs.
04:01The United States imports about $1.5 trillion worth of products from these three countries.
04:08There are three largest trading partners.
04:10And the U.S. also exports about a trillion dollars every year to these countries.
04:16And so, you know, American consumers would face higher prices from tariffs.
04:21But also, if you're an exporter, if you're a small business that sends products abroad,
04:27you're going to face foreign retaliation.
04:30And on top of that, right, like the U.S., Mexico, and Canada have pretty tightly integrated
04:36supply chains.
04:37So the average car made in the U.S. or in the Mexico, Canada, U.S. zone tends to travel
04:45across borders up to eight times.
04:49And so if you're imposing a tariff of 25 percent each time a part comes across the border,
04:56or if the whole automobile crosses the border, it's going to get pretty costly pretty quickly.
06:15We heard the President's comments yesterday, and the directive he has issued to examine
06:43the trade relationship between Canada and the United States while exploring the possibility
06:48of tariffs, but we remain confident in the facts.
06:54Canadian energy powers American manufacturing, businesses, and homes.
07:01Of America's top five trading partners, Canada is the only one with whom the United States
07:07runs a trade surplus in manufacturing.
07:11And Canada buys more goods made by Americans than China, Japan, and Germany combined.
07:41So we lose 300,000 people a year to drugs entering from Mexico.
07:52And if they don't stop this poison from flooding into our country, and they can stop it by
07:57not accepting it from China, and I'm doing the same thing with China, we're going to
08:01tariff the hell out of them.
08:35Ultimately, the U.S., in my estimation, we have, our biggest problems are with China
08:56in the trading system.
08:59And I've always felt like the United States needs to be working with close allies who
09:03agree with us about the China issue to sort of put pressure on Beijing to force changes
09:10in their trade policy.
09:12And the EU is one of those trading blocks that certainly agrees with the U.S.
09:20So I just fear that this pushes the U.S. and the EU further apart.
09:27And I don't know if that pushes the EU more toward Beijing.
09:31But again, I certainly think Brussels has every right to be concerned and people worried
09:38about the transatlantic relationship.
10:02Thank you, everybody.