BREAKING: Republicans Make Unexpected Decision On Tariffs
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Summary
The Prime Minister of Canada, Justin Trudeau, speaks about the President Donald Trump's decision to impose tariffs on Canada, and the counter-tariffs being introduced by the United States, and what that means for the Canadian economy.
Transcript
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i have some great news tonight patriots a host of representatives in the united states
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has voted against donald trump's tariffs on canada last year donald trump declared a national
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emergency over fentanyl which allowed him to place tariffs on canadian products in case you're
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unfamiliar and a quick refresher tariffs are essentially an import tax so what that means is
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that when a product crosses into the united states from canada it becomes more expensive trump has
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been consistent on his terror stance despite the fact that it actually hurts the american economy
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a lot of canadians are boycotting american products and canadians even those that have a lot of money
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are choosing not to travel to the united states and they're going other places so thanks to help from
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republicans the resolution to end the national emergency over fentanyl was passed in my opinion
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donald trump never should have imposed tariffs on canada in the first place canada is not a major
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supplier of fentanyl to the united states and anyone that says otherwise is lying the majority of fentanyl
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that ends up in the united states from a foreign country comes from mexico not canada so the good
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news is that this shows that republicans are willing to turn on trump over his economic policies
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the bad news is that trump still has a veto and he can still impose tariffs on canada if he wants to
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now contrary to what you may have heard and there's a lot of misinformation out there so let me just
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correct it contrary to what you may have heard the canadian government and the provincial governments
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did come to the table to increase border security daniel smith the premier of alberta outlined this
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during an interview last year with cnbc this year alberta sold more than 160 billion dollars of goods
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to the united states including more than 130 billion of energy which does get tariffed but only 10
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not 25 thank you for joining us what what is your reaction from what you just heard from trudeau so
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disappointing uh we we've been doing everything we can not only our federal government but all of the
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sub-national governments to try to avoid this outcome we as you heard we've been working on the
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border and we've been putting up drones putting up uh helicopters putting up more personnel we've been
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very successful in in in stopping people from coming across the border from the united states we've
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been stopping drugs from coming across the border from the united states we've brought those numbers
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down we thought that that was what the us president wanted and to see this escalation is so disappointing
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so damaging initially to american consumers and american businesses who buy canadian goods and raw
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materials but then now with the counter tariffs uh it's going to be it's also going to be harmful to
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canadian uh consumers no no one wins a toy a tariff war and so we we want to go back to looking at
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the agreement that we signed the usmca that has served us well for a number of years and uh i don't
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know why the the president is behaving this way because it's illegal we're going to challenge it
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and we would like to get back to negotiating some of the pressure points on that
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how bad is it going to be for alberta economically i'm i must say like i've talked about the the 10
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tariff with our producers and those who uh who sell the goods and then everyone's going to take a
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little bit of a bite on that our producers are the refiners in the united states are going to have
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higher costs american uh consumers are going to have a higher cost you're going to see it the price
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of the pump more so in the areas where uh good burn where refineries are 100 reliant on on canadian
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oil so it's and as you know as you if you increase the cost of energy you increase the cost of
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everything so it's going to have an inflationary effect in the us we're already seeing the effect
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on the stock market today investors don't like the decisions that have been made today and the best
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move would be to try to de-escalate as quickly as possible let's get down to talking about what
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the real issues are as opposed to a pretext and then solve those irritants so that we can get on
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with having the the best terror-free relationship that i think any two nations have in the world
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premier do you think this is truly about fentanyl i think it was but i think we've demonstrated i have
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to tell you like when i'm looking at the bus that we have at the border it's cocaine and
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and crystal meth coming up from america so these are these are issues that are two-way issues
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that america has cartels and organized crime that are causing problems for us and we recognize that
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it is a two-way street they should too we want to be able to address those those issues collaboratively
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share the intelligence but to act as if this is only a one-way problem remember there's a lot of
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distance between canada and mexico there's a big country in the middle and so we we are not the root
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of a lot of the problems we we in fact are are having some spillover effect of those problems as we've
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we've noticed as we started doing a lot more work and stoppages at the borders you're going to see
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more of that now now that we found so many drugs coming up from the united states we're going to
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have to do more stops of american trucks coming across the border so that we can stop that too
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we're doing our part to to be able to bust uh the fentanyl operations that are happening in our
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country as well but i i think that this is a problem we should be working on collectively
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rather than pointing fingers suggesting it's just a one-way street it's not
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uh yesterday we heard from doug ford of ontario with this threat about raising uh taxes let's say
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on electricity that is shipped to the u.s today the journal headline lays out exactly that are there
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varying levels of appetite to retaliate uh within some of the premieres in canada i've already said
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that we're not going to to retaliate on energy that that is such an essential product for american
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consumers and american businesses we want to make sure that we've got some you know 4.3 million
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barrels a day going into the united states we want to make sure that that flow continues albeit it's
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going to be a little bit more expensive because of the 10 percent tariffs but i i would say that we
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would rather uh be talking about ways in which we can remove tariffs altogether what you'll see
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with the tariffs that have been imposed today 30 billion with another 125 billion to come in 21 days
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is focused on things that we can easily replace that we can find other sources whether it's canadian
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sources whether it's sources from mexico whether it's sources internationally and the problem that
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american producers are going to face is that as we start changing those supply chains those can get
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stuck and it's hard to go back to to relying on an unreliable uh trading partner so i would say the
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sooner this gets resolved the better because there are one of the things that americans need to
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understand is that we are your best customer we buy more goods and services from you than anyone else
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in the world and so if you're when you put these these tariffs in place it means that we're just
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going to buy less look at it like this as far as canadian politicians are concerned daniel smith is
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about as right-wing as you can get she's even more right-wing arguably than peer polyev and she makes
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some great points and i agree with her donald trump's tariffs were unjustified unnecessary and completely
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illegal she also fairly points out that a lot of crystal meth and cocaine cross into canada from
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the united states so it's not a one-way street it's definitely a two-way street and considering
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all the drugs and contraband that cross into canada from the united states maybe it's us that should be
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terrifying them but seriously donald trump decided to destroy a great trading relationship with america's
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closest ally and over what all he's done is make things more expensive for americans and signal to
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the rest of the world that the united states is not a reliable trading partner and this is hurting america
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in the short term but it's also going to hurt america in the long term a lot of my fellow political
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commentators and they use the term fellow loosely were quick to carry trump's water they take donald trump's
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statements at face value they don't fact check them and they present them as fact and i think that's
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incredibly irresponsible quite frankly i think most of these people are idiots and hopefully one day you
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understand that there's a complete lack of talent in the right-wing media ecosystem what really gets me
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is that a lot of polyev supporters they like trump but people don't seem to realize that it's because
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of trump that polyev lost the last election if donald trump kept his mouth shut and took a more
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cooperative tone we'd have polyev in office right now both countries would be working together
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we'd be increasing trade increasing security we'd be doing a lot of great things but unfortunately
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that's not happening and now both countries are fighting each other now some people blame trudeau
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they blame carney i don't i blame the person who's actually responsible for this and that person's name
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is donald trump as far as i'm concerned donald trump is a hundred percent responsible for the mess
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that we're in right now and i don't care what anyone says i stand by that the way i see it you
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can't claim to be a canadian conservative and a patriot and support donald trump because donald trump
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is the reason we don't have conservatives in power and he's also the one who's economically attacking
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our country so you can't look me in the eyes and tell me you're a patriot because a patriot would
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defend their country from outside attacks so when donald trump attacks our country anyone who supports
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them is not a patriot and that's just the way it is there's there's no argument there the people that
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try to make that argument are either being disingenuous or else they're misinformed the funny
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thing is that as long as trump's in office polyev is going to have a really hard time winning a federal
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election i'm actually hoping that the next time we have a federal election in canada both trump and
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the alberta separation movement are off the table now i can't say with 100 certainty that trump will
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lose the midterms we don't know what's going to happen but i can say with a high degree of certainty
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that the alberta separation movement will fail when i look at polls they simply don't have anywhere
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close to the support they need to separate now i've always said i want to see a blue summer and
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i've been saying that for a bit however considering the current political climate i'm starting to have
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my doubts i do believe that polyev will win and become the next prime minister of canada
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unfortunately we might have to wait a little bit longer but anyway thanks for tuning in i love you all