Ahead of the upcoming election, Tucker Carlson interviews Canadian government official, Maxime Bernier.
In the background of the conversation the leading candidates for Prime Minister, Mark Carney and Pierre Poilievre both hold similar trade and tariff views, both support a new alignment with the EU, and both support cultural Marxism. Canada has their own version of the UniParty. WATCH:
Chapters:
0:00 Who Was Justin Trudeau Really Working For?
7:53 the Invasion of Canada
9:19 Pierre Poilievre Is a Fraud
13:25 The Attempts to Destroy Christian Countries
15:51 The Trade War Between Canada and the US
20:03 The Canadian Government’s Ridiculous Climate Change Agenda
21:59 China’s Control Over Canada
According to the explanation, there are two “sector specific” tariffs in Semiconductors and Pharmaceuticals that will be announced in the next few months. The recently announced “exemptions” are products that will be included in the sector specific tariffs that are also identified as “non-negotiable” tariffs.
Semiconductor items, automobiles, steel and aluminum as well as pharmaceutical products will fall under categories or ‘sectors’ of products that will be non-negotiable in all trade agreements for the tariff levy applied. Any nation who enters negotiations for new Free Trade Agreements (FTAs) will not be permitted to negotiate trade on semiconductor products, automobiles, steel, aluminum and medications. WATCH:
When President Trump announced the 90-day pause in combination with the increase in tariffs against China, there was a background element missed by many.
At the moment President Trump triggered the public announcement, U.S. Trade Representative Jamison Greer was testifying to congress.
President Trump is not a jerk. Donald Trump would not put a top executive Greer in that optically vulnerable position if USTR Greer was the tip of the spear, it’s just bad business form.
The timing and background indicate something more substantial. For what we are calling ‘the BIG UGLY’ Treasury Secretary Scott Bessent is the point, Greer is a functionary. It’s a shift from the Term-1 approach, because the global trade reset is magnitudes bigger and more substantive.
This approach would also explain why Robert Lighthizer was not reenlisted in Term-2. If Lighthizer was in Greer’s chair in front of congress at the moment of the public announcement, he would have been furious and rightly so. Lighthizer and Wilbur Ross were the tip of the spear in term-1, Lighthizer facing the region of Asia and Ross facing Europe; but the same strategy is not present in term-2.
In the Term-2 trade reset, the entire globe is being targeted simultaneously. Enter, the U.S. Treasury Secretary in a bigger, more substantive, and much more prominent role due to the scale of the trade reset.
This trade approach is much bigger, obviously. As the nuclear-level trade detonation takes place, Secretary Bessent is in control of both the financial market response and the core finances of the USA as it relates to the reverberations.
President Donald J Trump announcing the end of the 80-year-old Marshall Plan (aka The European Recovery Program) of one-way tariffs against American imports has triggered a very predictable response from the European Union.
While saying the EU is prepared to enter negations toward a zero-tariff trade reciprocity, Comrade Ursula von der Leyen simultaneously announced that Brussels is prepared to launch countermeasures against The United States, in an effort to retain economic control and access to a U.S. consumer market they must exploit for their economic survival.
Speaking in very deliberate terms, the EU Komisar states the U.S. decision to demand reciprocity, and fairness will deliver “immense” and “dire consequences” for the New World Order and “global trading system.” von der Leyen proclaims that global citizens will be impacted with higher grocery bills, shortages of medication and increased costs for transportation.
The leader of the world’s largest bureaucracy stunningly proclaims President Trump’s tariffs will increase the “burdens of bureaucracy.” The one-sided benefits and “interests of the European Union” will be protected at all costs. WATCH:
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Regarding “countermeasures.” Again, we repeat the predicable response. Together with their unelected ally in Canada controlling the North American response, watch for the EU to target Big USA Tech companies and financial service sectors.
The goal of the EU will be to assemble a tariff countermeasure response that will deliver political pain, not economic consequences. That’s just how they roll. The EU will leverage disgruntled Wall Street, banking and Technocracy sectors in order to put political pressure on Donald Trump to back down.
Optically this is the worst possible type of pontificating EU spokesperson to generate internal American opposition. Frankly comrade Ursula, MAGA don’t give a damn. [Pinky Finger Salute]
Last week President Trump announced secondary tariffs of 25% against any nation who purchases oil from Venezuela. The approach was in response to the Venezuelan government refusing repatriation of their criminal gang members and organized narcotraffickers.
India operates the world’s largest oil refining company Reliance Industries, and facing the possibility of 25% tariffs against India, Reliance has cancelled oil purchases from Venezuela.
NEW DELHI, March 26 (Reuters) – India’s Reliance Industries (RELI.NS), opens new tab, operator of the world’s biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation, three sources said on Wednesday.
The Indian conglomerate, which last year obtained approval from U.S. authorities to purchase oil from the sanctioned producer, imports an average of 2 million barrels of Venezuelan crude every month, according to LSEG data.
Tariffs simply work. This is no longer a debatable issue, and decades of Wall Street gaslighting collapses as the outcomes of tariffs generate visible economic benefits for all Americans.
South Korea-based Hyundai and President Donald Trump announced a $20 billion investment in US on-shoring on Monday, which includes a $5 billion steel plant in Louisiana,
The $5.8 billion Louisiana facility will be the car manufacturers’ first steel manufacturing facility in the US and will produce more than 2.7 million metric tons of steel a year and create more than 1,400 jobs. It will supply steel to auto plants in Alabama and Georgia, Trump said in remarks at the White House.
The announcement at the White House included President Trump, Hyundai Chairman Euisun Chung and Louisiana Governor Jeff Landry. WATCH:
The Hyundai announcement comes as the highly anticipated April 2nd “reciprocity tariffs” are scheduled to begin against all nations. For the EU this means an end to the 80-year-old Marshal plan of economic benefit.
Effective April 2, 2025, the U.S. will begin a process of reciprocal tariffs on imports from all nations with tariffs against U.S. products.
If a nation charges a 20% tariff on a U.S. good, in combination with a 20% non-tariff trade barrier, President Trump will calculate the financial impact and then reciprocate with a 40% tariff put on that nation’s goods being imported to the USA.
Globally, all nations are calculating how to deal with this issue. Hyundai’s best position calculations end up with this announcement.
President Trump makes an announcement of secondary tariffs targeting Venezuela by triggering a 25% tariff against any nation who purchases Venezuelan oil or gas.
China is the largest purchaser of Venezuelan oil, followed by the USA after Joe Biden changed the sanctions regime.
The tariff timeline is set to trigger on April 2nd, the same date as the reciprocal tariffs against all nations.
Truth Social – “President Donald J. Trump announced today that the United States of America will be putting what is known as a Secondary Tariff on the Country of Venezuela, for numerous reasons, including the fact that Venezuela has purposefully and deceitfully sent to the United States, undercover, tens of thousands of high level, and other, criminals, many of whom are murderers and people of a very violent nature.
Among the gangs they sent to the United States, is Tren de Aragua, which has been given the designation of “Foreign Terrorist Organization.” We are in the process of returning them to Venezuela — It is a big task! In addition, Venezuela has been very hostile to the United States and the Freedoms which we espouse.
Interim installed Canadian Prime Minister Mark Carney has confirmed the snap election for Canada is scheduled for April 28, 2025.
Given that Conservative Leader Pierre Poilievre generally sealed his fate with criticism of President Trump while aligning himself with a surging patriotic-leftist movement, it is now expected that Mark Carney will win the election.
Politico has an article about the dynamic underway, and the following quotes are noteworthy:
CANADA – […] Trump has even taken credit for turning the Liberals’ fortunes around.
“Before I got involved and totally changed the election — which I don’t care about, probably, it’s our advantage, actually — but the Conservative was leading against, I call him Governor Trudeau. The conservative was leading by 35 points,” he said Friday, while exaggerating the polls.
“I think Canada is a place, like a lot of other places, if you have a good candidate, the candidate is going to work,” Trump said.
[…] Canadians have responded to Trump’s intimidation tactics with an outburst of patriotism. They are canceling spring break plans, buying made-in-Canada products, damaging Teslas and booing “The Star Spangled Banner” at professional sporting events.
If you are concerned about the economics of American life, the first step is to understand the financial influences that were put into place by President Obama, then again with Obama’s team using the auspices of Joe Biden.
President Trump is rapidly untangling the tentacles of Obama’s “share the wealth” exfiltration policy, and he will achieve success on a scale most economic analysts cannot fathom. Traditional financial media, including those who follow the influences of Wall Street are constrained by their need to retain pretenses. However, President Trump and his economic team are very clear-eyed and focused.
We are already seeing major drops in core energy prices including gasoline. These decreases will have downstream impacts on all consumer goods, and we will notice a significant drop in food prices in two steps.
The first will be moderate and the result of harvest one cost decreases. The second price drop will be even greater and will come as a result in major farm costs for the second harvest sequence. By Thanksgiving 2025, lowered energy prices in combination with ‘food prepared at home’ price drops will be the leading cause of a major decline in inflation.
In the background of this domestic outcome, the April 2nd tariffs will start to ripple through durable goods. Initially, there will be waves and fluctuations as some durable goods prices increase and other durable goods prices decrease. The more the components of the product are domestically manufactured, the more the price of the end product will drop in price.
As a result, the aggregate downward pressure (higher domestic content) will exceed the upward pressure (higher import content component goods) and overall prices for durable goods will decline. This deflationary pressure point will increase over time as the end of the Marshal Plan starts to return dollars to the United States.
