PJ The Belt - Trump DROPS HAMMER on Canada – 35% Tariffs Is JUST The Beginning!

00:00:00.000 all right everybody looks like it's done canada effed around and looks like we're about to find

00:00:08.600 out according to the white house president trump signed an executive order effective

00:00:13.960 midnight tonight where he's going to be increasing tariffs on canada from 25 to 35

00:00:21.160 so the canadian economy will continue to suffer it'll continue declining it'll continue getting

00:00:28.300 worse at least for you and i middle class canadians those at the bottom those trying to get ahead

00:00:35.720 things are getting so bad that the canadian dollar just took a dive this very week as the deadline for

00:00:43.820 the for a trade deal approached in light of the fact that europe got a deal japan got a deal and

00:00:51.180 even south korea got a deal but canada is keeping their elbows up trying to stay in denial and

00:00:59.940 our canadian dollar has been going downhill since this is what the canadian dollar looked like just

00:01:07.140 a week ago it was up at 74 cents or so went way down and it went up a little bit almost to 74 cents

00:01:16.040 which is crazy that that's the highlight of our currency a g7 country currency and it was a 74

00:01:23.780 cents on july the 23rd exactly a week from today and today is all the way down at 72 cents and i'm

00:01:31.020 telling you it might just go down to 71 70 cents over the weekend because canada still does not have a

00:01:38.580 deal if i were you guys whoever's in canada whoever's out here just like me i would buy gold

00:01:44.560 and silver get myself some us dollars definitely get yourself off of the canadian dollar is going

00:01:51.780 to continue to go down it's going to become more and more volatile and weakened as these people

00:01:57.280 continue to purposefully destroy our economy mexico was also due today to have an increase on tariffs

00:02:04.680 but they managed to get themselves a 90-day extension to continue negotiating it's really incredible to

00:02:12.620 see how mexico is more respected in the ice of the united states than canada at least today's canada is

00:02:20.400 in the ice of the usa it's really a shame how far we've fallen let's take a look at this video having

00:02:26.680 to do with the increase on the tariffs on canada let's see hello and thank you for joining us we are

00:02:33.600 just hours away from president trump's tariff deadline at midnight tonight the trump administration

00:02:38.740 will impose sweeping new tariffs on the majority of u.s trading partners president trump has already

00:02:45.340 announced frameworks for trade deals with six countries and the european union some of those

00:02:50.980 agreements were finalized in just the last week but even some of our largest trading partners don't

00:02:57.120 have a deal done just yet the president says he's giving mexico an extra 90 days to negotiate

00:03:03.260 the administration is still discussing trade with china talks over the weekend in stockholm ended with

00:03:09.520 no firm agreement the two sides are considering their own 90-day extension to finalize a deal

00:03:15.160 and in lieu of a formal deal the president has signed an executive order to increase tariffs on

00:03:22.260 canadian imports from 25 to 35 starting at midnight earlier at the white house president trump

00:03:31.140 said trade talks were still happening just hours ahead of the deadline we'll see but we have made a

00:03:38.080 few deals today that are excellent deals we got triple h right here for those of you uh who watch

00:03:45.800 wrestling wrestling one of the wrestling legends right there a list of the early 2000s triple h

00:03:51.780 is he working for the white house now if he is i wasn't aware let's get back to the video

00:03:58.560 making our country very rich and uh respected again one year ago we were a dead country now

00:04:04.580 we're the hottest country in the world cbs news reporter erica brown joins us now erica what's the

00:04:10.240 latest well jolene the white house announcing president trump signing an executive order increasing

00:04:15.760 tariffs on canadian goods from 25 to 35 to take effect on friday which was the president's tariff

00:04:23.840 deadline for trade partners all around the world to reach new trade agreements with the united states

00:04:29.220 now in this executive order the white house cites that part of the reason for these increased

00:04:34.440 tariffs are canada's role what they claim to be canada's role in the opioid crisis now this is

00:04:40.540 something that the president for months has claimed that canada is simply not doing enough to curb the

00:04:45.820 flow of drugs namely fentanyl and other illicit substances from coming across the northern border

00:04:52.560 and in this executive order the white house says that canada has failed to cooperate in curbing the

00:04:58.860 flow of drugs and so the president signing this executive order raising that tariff to 35 now the

00:05:06.580 president had previously implemented a 25 tariff on canadian goods that were not covered by the u.s

00:05:13.760 mexico canada free trade agreement uh and this tariff will also encompass the same things but this comes

00:05:19.780 as the president also noted another issue that could threaten trade talks between the u.s and canada

00:05:26.320 and that is canada's plans to recognize a palestinian statehood at this year's u.n general assembly in

00:05:33.460 september now they knew this was going to happen look carney knew this was going to happen he knew trump

00:05:41.800 wasn't going to take that well they knew that this was going to rob the united states government the wrong

00:05:46.980 way and they still chose to go ahead and say you know what uh we're just gonna do it we're gonna keep

00:05:53.400 our elbows up and we're just gonna do it we're gonna recognize a terrorist state and we're gonna

00:06:00.800 make him a country in the eyes of the international community just to stick it to trump while our dollar

00:06:09.840 continues to nose dive while our economy continues to free fall and the canadian middle class is

00:06:16.980 vanishing each day more and more this is it's self-destruction there's no other way to put it i

00:06:25.160 don't see what the strategy is here what i see is lack of strategy unless their goal is to actually

00:06:32.920 do what they're doing which is destroying the canadian economy and decreasing our our way of

00:06:40.760 life decreasing our quality of life in canada because that's what's happening and they're

00:06:45.200 they're being very successful at it so one of the reasons for this announcement was the suffering

00:06:51.680 of uh palestinian civilians in the gaza territory and this is notably a policy reversal for canada

00:06:58.860 and president trump had previously said that recognizing palestinian statehood could be seen

00:07:04.580 as rewarding hamas and he took to social media in the early morning hours responding to this move

00:07:10.480 by canada saying it could undermine trade talks between the two countries now canada remains one

00:07:16.420 of the u.s's largest trading partners and the trade talks have been ongoing for months but the canadian

00:07:21.860 prime minister warned that those trade talks could likely continue beyond the president's august 1st

00:07:27.280 deadline and today the president signing an executive order implementing a higher 35 percent tariff on

00:07:34.220 canadian goods jolene no deal yet so again mexico gets a 90-day extension to continue negotiating which

00:07:42.740 is a show of respect by the president of the united states donald trump giving him a chance to actually

00:07:49.100 make the case and come up with some sort of mutually beneficial deal uh for canada it's

00:07:57.240 just going up to 35 percent and i have zero doubt that this is as a result of the latest in canada

00:08:07.060 which is the prime minister announcing that is going to recognize the hamas run hamas administered

00:08:15.380 territory of palestine as a as a country as a as a sovereign state that couldn't have helped

00:08:24.300 negotiations that it could not come at a worse time if you're going to virtue signal if you're going to

00:08:30.220 try to show the world that you're you're a bleeding heart and this and that do it after you've already

00:08:35.740 negotiated get yourself a deal your your middle class is disappearing canada your middle class is

00:08:43.440 in the worst shape it's been in 40 years people are suffering out here businesses are failing and

00:08:49.660 going bankrupt and this guy's just playing politics with the economy they they simply just don't care

00:08:57.260 anyway thanks for watching guys thank you all for subscribing special thanks to each and every one of

00:09:02.400 the channel members you guys keep us going thank you so much and i'll see you on the next one all right

00:09:07.900 thanks for watching thank you for subscribing special thanks to those of you who have donated to this

00:09:12.780 project it is much appreciated and it helps me continue making videos see you on the next one peace

PJ The Belt - August 01, 2025

Trump DROPS HAMMER on Canada – 35% Tariffs Is JUST The Beginning!

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