Canadian leftists have selected Mark Carney as their replacement for Justin Trudeau, Carney will be sworn in as Prime Minister shortly and complete the remaining segment of Trudeau’s term before new Canadian elections.

The only issue on the mind of voters in Canada is which candidate will fight U.S. President Donald Trump the hardest.  Conservative leader Pierre Poilievre has vowed to fight Trump harder than Mark Carney, but the leftists in Canada are now back on the ascendency and will dispatch the pontificating Poilievere shortly.

During his acceptance speech at the Liberal Party convention, a beaming Mark Carney promised to defeat President Trump and the Americans in the upcoming trade war.  Carney noted, a sense of national pride has swept across Canada as the people unite in their hatred for everything Trump and everything American associated with him.  WATCH: 

In addition to tariffs against Canadian goods and services, U.S. President Trump has massive economic arrows in his quiver that can be deployed against the Canadian economy.  Measures including larger tariffs (tariff reciprocity), financial sanctions, restrictions on Canadian investment in the USA, revocation of visa-free border crossing, forced divestiture of American asset holdings for the Canadian people (banking reciprocity), all the way to a full-throated embargo of all goods and travel from Canada are potential.

If that sequence of events ever happened, the Canadian government led by Prime Minister Mark Carney has vowed to respond in kind to Trump with identical action blocking any/all USA products, services and American citizens from entry into Canada.  This approach would enable us to finally determine which nationalistic outlook will survive, Canada or the USA.

(Via Politico) – […] One of Carney’s first decisions will be whether or not to call a snap election in the middle of a trade war. He has identified Trump’s rolling tariff threats as an “economic and sovereign crisis.”

“The Americans want our resources, our water, our land, our country,” Carney said. “Think about it. If they succeed, they will destroy our way of life.”

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Commerce Secretary Howard Lutnick, another deliberate and happy warrior, appears on Face the Nation to deconstruct the narratives presented by NBC and Kirsten Welker.

Starting with the Mexico and Canada tariff issues, Welker incorrectly frames the current issue around economics. Secretary Lutnick presents the issue of the current Mex/Can confrontation for what President Trump has prioritized, the issue of illegal fentanyl smuggling across the border.

100,000+ Americans are killed each year with the intentional and purposeful transportation of Chinese drugs through the U.S. southern border of Mexico and the U.S northern border with Canada.  Both nations could, if they wanted, crack down on the illegal and dangerous drug trade; neither has prioritized the problem. Again, 100,000+ Americans are killed each year.  Think about it.  WATCH: 

“This is the way you run the country,” Lutnick said on NBC News’s “Meet the Press” with Kristen Welker. “You shut the border. You get our neighbors to do their job. It’s not only us who has to do their job. Why are our neighbors, who live and breathe off our economy, not taking care of America?”

“You have to remember this is a drug-related issue,” Lutnick said. “You’ve got fentanyl pouring into this country, killing 75,000 Americans, autopsied. And the president, you know, thinks it’s many, many more, multiples more.”

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Knowing that President Trump has essentially stopped the Ukraine/NATO/IC/EU offensive combat operations for Ukraine that use western supplied drones/missiles with complete reliance on U.S/NATO targeting, it does not come as a surprise to see Ukraine President Zelenskyy call for a “sky and sea truce.”

Zelenskyy’s proposal for Russia to stop the air and sea combat operations, while simultaneously supporting frontline combat operations, is essentially an EU effort to maintain the fight by counteracting the Trump pressure point.

EU spokesperson Volodymyr Zelenskyy doesn’t factually want a ceasefire; they want a situation that retains the status quo and neuters Russia’s strategic advantage.

EU News – Ukrainian President Volodymyr Zelenskyy called for an air and sea truce on Friday after Russia bombarded Ukraine’s energy infrastructure overnight.

Writing on Telegram, he reiterated that there must be “silence” in the seas and skies over Ukraine. The “first steps toward real peace must include forcing the sole source of this war, Russia, to stop such attacks against life,” the Ukrainian leader said.

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Happy warrior and National Economic Council Chairman, Kevin Hassett, outlines the preliminary economic indicators during a press availability session with President Trump in the oval office.

Hassett notes the prior administration grew government jobs; the Trump administration is growing private sector jobs.  Within that private sector growth, American workers are gaining position against the background of over a trillion dollars committed so far in domestic manufacturing investment.

MAGAnomics, the wealth of America, is the core binding principle that weaves through all of President Trump’s policies, both foreign and domestic.  President Trump also answers questions from media. The media questions begin at 14:26 of the video below.  WATCH: 

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As President Trump outlined the goals and objectives of the tariffs during his address to congress, President Trump noted how the American farmer will no longer have to compete unfairly within the U.S market against cheap imported food products.

President Trump notes U.S. food prices are positioned for major supply-demand changes that will benefit all American consumers.  What President Trump states in his speech to congress, is the reality we experienced in 2018/2019 as the result of national agriculture supply. WATCH:

This is what happens when the American food supply equation is modified to focus on domestic production to the benefit of domestic consumers.   The food supply chain will shift, slowly at first and then ultimately by around Thanksgiving of this year (fall harvest) we will see major price drops in the American food basket.

There are going to be major opposition forces, notably related to decades of Big Ag exfiltration, screaming that U.S. consumers will see higher prices.  However, as previously experienced/outlined these claims are entirely false. We will see major drops in food prices as a result of a more balanced U.S production-import/export dynamic.

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Facing the potential for tariffs on Mexican assembled autos, Honda has cancelled plans to invest in a new auto factory in Guanajuato, Mexico, beginning in November 2027.  Instead, the car company will retool the Civic auto production facility in Greensburg, Indiana, keeping jobs in the USA.

TOKYO, March 3 (Reuters) – Honda has decided to produce its next-generation Civic hybrid in the U.S. state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, according to three people familiar with the matter.

The change underscores how manufacturers are scrambling to adapt to U.S. President Donald Trump’s proposed 25% tariffs on goods from Mexico and Canada. While several automakers have expressed concerns about the levies, Honda’s move is the first concrete measure by a major Japanese car company.

Japan’s second-largest automaker had initially planned to manufacture the next-generation Civic in Guanajuato, Mexico, according to the three people. Production was slated to start from November 2027, according to one of the people.  Mexico was chosen because rising costs were making it tough to produce the car in Indiana and Canada, one of them said.

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For many of us who walk the deep weeds of honest economic analysis, this is the moment we have been waiting for.

Second only to the elimination of the U.S-Marshal Plan, which is scheduled to end April 2, 2025, the structural implementation of North American tariffs against Mexico and Canada provides the most significant opportunity for GDP expansion, jobs, wage increases and massive economic gains in the United States.

Simultaneous to the tariffs scheduled to go into effect tomorrow, President Trump notes U.S. food prices are positioned for major supply-demand changes that will benefit all American consumers.  What President Trump notes in the Truth Social message below, is a reality we experienced in 2018/2019 as the result of national agriculture supply.

[Source]

White House trade adviser Peter Navarro told CNBC on Monday that the inflationary impact from any tariffs would be “second-order small, so I don’t see the president wavering on any of this, because he knows in order to get to a world in which America is strong and prosperous, with real wages going up and (more) factory jobs. This is the path that he’s chosen.” (more)

CTH outlined the prediction for ’18/’19 back in 2016 when we discussed what happens when the American food supply equation is modified to focus on domestic production to the benefit of domestic consumers.   The food supply chain will shift, slowly at first and then ultimately by around Thanksgiving of this year (fall harvest) we will see major price drops in the American food basket.

There are going to be major opposition forces, notably related to decades of Big Ag exfiltration, screaming that U.S. consumers will see higher prices.  However, as previously experienced/outlined these claims are entirely false. We will see major drops in food prices as a result of a more balanced U.S production-import/export dynamic.

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President Donald Trump held a press briefing Monday where he announced a $100 billion investment from Taiwanese Chip company TMSC in the United States.

President Trump on the TMSC investment: “We’ll be at close to 40% of the [chips] market with this transaction and a couple of others that we’re doing.” The investment will be to produce semiconductor chips in Arizona. WATCH:

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The press questions and answer period begins at 11:00 of the video above.

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Commerce Secretary Howard Lutnick is at the operational center of the MAGAnomic policy hub.  Secretary Lutnick is the pivot point to the technical systems that will pay down the deficit and balance the USA budget. {Direct Rumble Link Here}

In this lengthy interview with Bret Baier, Secretary Lutnick talks about some of the policy proposals, direct actions of the government and economic systems that he and President Trump are putting into place that will grow Main Street and fuel the golden era in American economic growth.  Well worth watching: 

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April 2nd, 2025, begins the reciprocal tariff program for all nations.

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Moments ago, Commerce Secretary Howard Lutnick took the oath of office in the Oval Office as delivered by Vice-President JD Vance.

Secretary Lutnick is going to be a very key component in the MAGAnomic agenda, likely second only to President Trump. Just as Wilbur Ross was key to unlocking the economy in President Trump’s first term, so too is Secretary Lutnick going to play a pivotal role.

Long before President Trump won the election, Howard Lutnick was one of the few people who really understood the construct of MAGAnomics, how economic nationalism was crucial, and how the strategic use of tariffs creates massive GDP growth. The swearing-in ceremony is very uplifting, and both President Trump and Secretary Lutnick are very positive about the future.

At 11:38 of the video below, President Trump holds an impromptu press conference. WATCH:

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