Canada Police drop SUDDEN BOMBSHELL on Trump: "Youre a CRIMINAL"
Category
🗞
NewsTranscript
00:00Right, we've got some breaking news to bring you on the global tariff wall that was launched
00:06by Donald Trump. Canada has just announced a series of retaliatory measures, including
00:1225% tariffs on a variety of American goods. Here's the Canadian finance minister breaking
00:19it down.
00:20Today, I am announcing that the Government of Canada, following a dollar-for-dollar approach,
00:27will be imposing, as of 12.01 a.m. tomorrow, March 13, 2025, 25% reciprocal tariffs on
00:39an additional $29.8 billion of imports from the United States. This includes steel products
00:48worth $12.6 billion and aluminum products worth $3 billion, as well as additional imported
00:57U.S. goods worth $14.2 billion for a total of $29.8 billion. The list of additional products
01:07affected by counter-tariffs includes computers, sports equipment, and cast iron products as
01:14examples. These tariffs are in addition to Canada's 25% counter-tariffs on $30 billion
01:21of imports from the United States in response to U.S. tariffs put in place on March 4.
01:28Canadian officials are not mincing any words in their response to the Trump administration.
01:34Listen to this.
01:37This is much more than about our economy. It is about the future of our country. Canadian
01:44sovereignty and identity are non-negotiable.
01:49This needs to stop. This is hurtful for workers. This is hurtful for industry. This is hurtful
01:54for the competitiveness of North America. Canadian steel and aluminum are essential
02:00for North America.
02:03The former U.S. Ambassador to Canada and the former Michigan Governor James Blanchard is
02:08joining us right now here in the Situation Room. What's your reaction to what's going
02:12on? I mean, for me, as a kid growing up in Western New York, Buffalo, on the border with
02:17Canada, it's hard for me to believe that U.S.-Canadian relations are in a crisis like
02:22they are right now.
02:23Yeah, it's really goofy stuff. It's totally unnecessary. Our relations with Canada today
02:29are the worst in modern history. It's not just tariffs. It's the constant insults by
02:35the White House calling it the 51st state. It's the Vice President saying that in the
02:40last few decades, Canada's treated us very badly. We've had this fabulous partnership
02:47and alliance all my life, and it's been seriously damaged these last month and a half, two months.
02:55It's not just the tariffs. It's also the vocal, the verbal statements. When you hear the President
03:00or the Vice President refer to the Prime Minister of Canada and you were the U.S. Ambassador
03:05to Canada as a governor, as if Canada is a 51st state, what do you think?
03:10Well, it's an insult to Canada. Canadians find that as insulting as tariffs. The tariffs,
03:15of course, are totally unnecessary and are going to be inflationary and harmful. But
03:19yeah, I mean, to say a 51st state is like saying you don't count. You're an appendage
03:24to us. No, everything they're doing appears to be designed to destroy our fabulous relationship.
03:33I'm spending more time on Canadian television and radio telling the Canadians that the White
03:38House does not speak for 90% of Americans, that Canada is our most reliable, trusted
03:43and best ally. It isn't just the economy and autos. I grew up in Detroit. Or agriculture.
03:50It's cultural. It's relatives. It's tourism. It's everything.
03:54Yeah, I mean, it's really crazy when you think about it. When you hear Trump say this isn't
04:00really a trade war that he's launched against Canada, it's a drug war that he's launched
04:05because of the illegal drugs pouring into the United States, he says from Canada.
04:10Yeah. Fentanyl less than 1%. There probably are more drugs going north and guns going
04:16north. By the way, in terms of migrants, I think there are more people going north these
04:20days than south. This whole trade dispute is a manufactured dispute. It's made up. It's
04:27make believe. We have a manufacturing surplus with Canada, by the way. We have an auto surplus
04:34with Canada. The only deficit we have with Canada is energy. And we want that energy.
04:40And natural gas hates homes in Detroit. We have been an energy self-sufficient wolf since
04:46the first term of Barack Obama. But Mr. Trump says we have an energy emergency. No, he may
04:52cause one. No, we're energy self-sufficient. It's growing. Everything we do with Canada
04:59has been a positive relationship. We're going to cut the ribbon on a new modern bridge in
05:05Detroit, the Gordie Howe International Bridge next fall. That is going to be a celebration
05:11of our relationship, both families and tourism, agriculture, autos, manufacturing. We have
05:18an integrated economy with Canada, and we also have an integrated cultural relationship
05:22as well. People don't necessarily appreciate, including people who live on the border with
05:26Canada, how much electrical power, for example, emerges from Canada into the United States
05:32and helps Americans. And in Michigan, in New York and other states as well.
05:36Oh, and New England, by the way. Quebec could shut down New England. Hydro Quebec. Yeah.
05:43But you know, one thing, too, people don't realize that Michigan is an agricultural state.
05:47We export billions and billions of dollars of agricultural products, fruits and vegetables.
05:54They're grown principally all along our western shore. It's huge. And those products go to
06:00Canada and they also go overseas. It's billions and billions. And we have, again, a trade
06:05surplus in agriculture with Canada. The other thing I want to mention is back when our auto
06:11companies were in trouble, you and I, we've dealt with this a few times. But in 2009,
06:17when Barack Obama crammed down administrative bankruptcy for General Motors and Chrysler
06:24to help them stay alive during the financial crisis, Canada also contributed to that, both
06:31Ontario and the federal government. So they were there when we needed them. When 9-11
06:36hit us, the first ambassador in NATO to call our ambassador was the Canadian ambassador.
06:42Say, what can we do to help? This is an alliance my entire life and yours. And we cannot let
06:51the White House, Mr. Trump, put it asunder.
06:53And Christine, the top suppliers of steel we know to the U.S. are Canada, Brazil and
06:59Mexico, nearly all aluminum in the U.S. comes from Canada. And of course, Canada now also
07:05slapping more tariffs on U.S. products. How is all of this going to impact the American
07:11consumer? Which products specifically could be affected?
07:13I mean, all kinds of things, especially the auto industry, where even if you have a domestic
07:17producer of auto parts, parts of those parts actually could be Canadian steel that would
07:22be then tariffed. And that adds to the cost of even something made in the U.S. So it's
07:26a very integrated manufacturing and production system we have between the U.S., Mexico and
07:32Canada. And steel and aluminum are the backbone for so many of these products. So just about
07:36everything. In fact, for cars, you see forecasts from anywhere from $4,000 to $12,000 for the
07:41added to the price of a new car or truck because of the metal and the other tariffs that the
07:46president has been threatening. Now, they have carved out autos so far and say they're
07:51going to maybe put those back on in April, but not the metal that goes into the cars.
07:55So that's a really important place to watch here, even as the inflation numbers give a
08:00little bit of a sigh of relief for so many people today.
08:02Yeah. And of course, metal products go into a whole host of other things that we use and
08:07we consume. I understand we got the latest inflation report this morning, perhaps a little
08:13good news. What can you tell us about it?
08:15So a little lighter, as economists would say, than expected. So inflation still higher
08:19than the Federal Reserve would like to see, still higher than normal. But two point eight
08:23percent inflation growth year over year and growing from January to February, zero point
08:28two percent. That was better than the so-called experts, as the president would say, were
08:33expecting. And in fact, half of that gain is because of shelter. We still have a housing
08:38crunch in this country, a housing housing affordability crunch. And you're seeing that
08:43still in those numbers. But certainly that is better, better and moving finally in the
08:48right direction. So we've got one month is not the whole trend, by the way, but we'll
08:51keep watching. And I can't help but wonder, you know, the tariff stuff we've been talking
08:55about hasn't really. Those are not those. Those are not this is this is rear view mirror.
09:00We know the future, though, very murky because these costs tariffs are surcharges at the
09:04border and people who import pay that and then they can pass some of that down to consumers.
09:10And we are starting to see the ground level impacts of all this. The Kentucky bourbon
09:13industry, for example, struggling already because of Canadian reprisal, craft brewing
09:18companies planning to incur thousands in higher costs for cans. But I want everyone to listen
09:24to Commerce Secretary Howard Lutnick, who says any potential economic pain will be worth
09:28it. Will these policies be worth it if they lead to a recession, even a short term recession?
09:37These policies are the most important thing America has ever had. So it is worth it. It
09:43is worth it. It is not chaotic. And the only one who thinks it's chaotic is someone who's
09:48being silly. It's like trying to say we aren't seeing what we're seeing with our own eyes
09:53or hearing what we're hearing with our own eyes or feeling what people are feeling. They
09:57say these are great, but we do know prices are going up in some areas. We know businesses
10:02are expressing worry about these tariffs. We know recession fears are growing. And so
10:09who is this really benefiting? Well, I think that markets rallied after the election because
10:15they wanted to see a continuation of the first Trump administration policies, a deregulatory
10:20tax cut agenda. They did not anticipate that this would be the trade agenda that Trump
10:25would pursue because in the first administration, he used it for negotiation purposes. But he
10:29has surrounded himself with the economic advisers who are the true believers in tariff
10:33policy. And it's not just an economic calamity. There's also a national security repercussion
10:38to these tariffs. In many cases in the first administration, we were looking to build relationships
10:43with partners so they would not be as dependent upon China. What we're doing is we're driving
10:47our friends and allies to have more trade agreements with China as opposed to us, to
10:52these policies. So there's an economic consequence. There's also a national security consequence.
10:56And I think what you're going to see as far as the next step, to Christine's point, is
11:00with the lower CPI number today, I think you're going to see the president pretty quickly
11:03shift blame to Jerome Powell. He appointed Jerome Powell. He's never been very close
11:09to Jerome Powell. And I think he's going to say the Fed needs to move quicker in lowering
11:12rates because he's wanted to deflect the blame for what his trade policy is doing to the
11:15economy right now. So I'm not hearing any upside to these trade policies. I don't think
11:20there's upside. I'm certainly not a proponent of the protectionist policies that the administration
11:24is pursuing.
11:25So do you see what Canada's done? Do you see what they've done? It's actually quite brilliant.
11:33And this is across the ideological spectrum in Canada, right? Again, I'm an NDP guy. I'm
11:39voting NDP in the next election. But like, look, liberals, NDPers, and conservatives
11:45federally and provincially, not all to the same degree, but in their own way, have all
11:50made some pretty genius moves. And what Canada has just done by making Trump go insane on
11:56tariffs is they've shown to Americans that if anything, Canadian government cares more
12:03about American people than the American government does. Because most Americans now believe that
12:09Canada is trying to save the United States from itself. Right? Like we're trying to stop
12:14your dumbass leaders, to be honest, sorry, excuse my language, from throwing us all over
12:21the cliff. But because Canada has done this early, as Trump widens his tariff insanity,
12:28because the first round that he was doing were primarily focused on Canada, Mexico,
12:33China, for example, these new tariffs, right, which were gonna be 50%, but Canada spared
12:41them away down to 25. He had a new tariff threat yesterday that he canceled. This existing
12:47one, it affects the world. Anybody selling steel or aluminum or what have you, the details
12:52are, you know, the specific details. So now, as Canada has awakened the world to Trump's
12:58insanity, right? Now he's gone and widened the attack. And so who looks like the world
13:04leader and the reasonable guy in the room, the reasonable gal in the room? Well, it's
13:10Mr. or Mrs. Canada. And the noisy Trumpian neighbor down south, at least that doesn't
13:18represent everybody in the house, he looks like a moron.