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it is lower canada f canada and f canada and mexicfo, what than canada and mexico, what are your thoughtsround the world? impact on the us, mexican and canadian economies and us it will put us in kind of a global trade war. the president also announced potential tariffs on five this could also contribute to more global tension. we are in for quite a ride in the global, global economic tensions. evening. crashed into a residential area on friday evening. people were injured. in washington, dc. as a white house aide in the biden administration. on both plane crashes. here's the washington plane crash lead investgator, with an army helicopter. that is the passenger plane — as it encountered the for departure with no delay. at 8:47:39, a radio transmission from the tower was audible asking pat 25 if the cr] was in sight. one second later, the crew received an automatic, automated traffic advisory was audible directing pat 25 to pass behind the cr]. and fdr data showed the aeroplane beginning to increase its pitch. sounds of impact were audible about one second later, followed by the end of th
it is lower canada f canada and f canada and mexicfo, what than canada and mexico, what are your thoughtsround the world? impact on the us, mexican and canadian economies and us it will put us in kind of a global trade war. the president also announced potential tariffs on five this could also contribute to more global tension. we are in for quite a ride in the global, global economic tensions. evening. crashed into a residential area on friday evening. people were injured. in washington, dc....
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Jan 31, 2025
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trump is from canada as well. trump is basically saying you have to be more from canada as well.mp is basically say the leading to be more from canada as well. trump is basically say the leading cause more from canada as well. trump is basically say the leading cause of >re cooperative. the leading cause of of young people in geatjjrof young’oeople in america is aeattrof young’oeople in america is drug geatjjrof young’oeople in america is drug overdoses and aeattrof young’oeople in america is drug overdoses and fentanyl heroin which 5 heroin which we 5 heroin which we know 5 heroin which we know is coming and heroin. which. we lennn'ia'cnm'ing �* the and heroin. which. we lennn'ia'cnm'ing �*the borderfrom and heroin. which. we lennn'ia'cnm'ing �*the border from two over the border from those two china is also complicit -=: this. is the way we look at in this. this is the way we look at until the trump says these it until the trump says these are complicit in countries are complicit in bringing deadly drugs into our country it 777 fstop7and i stop7and i think he will has to stop a
trump is from canada as well. trump is basically saying you have to be more from canada as well.mp is basically say the leading to be more from canada as well. trump is basically say the leading cause more from canada as well. trump is basically say the leading cause of >re cooperative. the leading cause of of young people in geatjjrof young’oeople in america is aeattrof young’oeople in america is drug geatjjrof young’oeople in america is drug overdoses and aeattrof young’oeople in...
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and now is also the time to choose canada. are many for canada.2— —e w wwwwwithighwtwwwww w w w it might mean altogether. it might mean your summer changing your summer vacation plans to stay in explore the many national and explere the many natienal eventual and explere theimapy natienal eventual parks, historical and tourist destinations sites and tourist destinations our great country has offer. speaks french let's support and �* workers. let's support and �*workers. it farmers andreur werkers. it mean these might mean doing all of these things, orfinding own way things, or finding your own way to stand for in to stand up for canada. in this ggoment; must pull together, memert nemestpe" �*sge�*hs we love this country. because we love this country; pride ourselves on braving we pride ourselves on braving the cold the long wew w we don't w we dwon't like we don't like to be at months. we don't like to be at chests, but we are our chests, but we are always out there, waving them a belief loudly and proudly to celebrate an gold medal. —— the maple;
and now is also the time to choose canada. are many for canada.2— —e w wwwwwithighwtwwwww w w w it might mean altogether. it might mean your summer changing your summer vacation plans to stay in explore the many national and explere the many natienal eventual and explere theimapy natienal eventual parks, historical and tourist destinations sites and tourist destinations our great country has offer. speaks french let's support and �* workers. let's support and �*workers. it farmers...
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Feb 2, 2025
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i think it's frustrating. _ to canada? i think it's frustrating. canada i to canada?n another 1.3 billion canadian dollars in border security. they are much they are very much against fentanyl trafficking, the same fenta nyl trafficking, the same agenda fentanyl trafficking, the same agenda as the us. don't agenda asthe'ljs, they don't illegal want illegal immigration either. they are worried about trafficking. so i think ee 77 tagger? 77 7 77 77 77 e’hg'ssez'tcy’ 77 77 the board, they are across the board, they are to help. so if you are trying to help. so if you are trying to help. so if you are trying use this get the t°7 , to 7act, 7 7 7 to act, 7the 7 7 to act, 7the c7anadians canadians to act, the canadians are acting. also said they categorically reject the white house's quote she also wrote: consumption of fentanyl in their country, they could, she goes on to say problems are not resolved by imposing tariffs, but by talking and dialoguing. while we wait for the canadian prime minister come out with primesministerto come dot with address and can talk his addres
i think it's frustrating. _ to canada? i think it's frustrating. canada i to canada?n another 1.3 billion canadian dollars in border security. they are much they are very much against fentanyl trafficking, the same fenta nyl trafficking, the same agenda fentanyl trafficking, the same agenda as the us. don't agenda asthe'ljs, they don't illegal want illegal immigration either. they are worried about trafficking. so i think ee 77 tagger? 77 7 77 77 77 e’hg'ssez'tcy’ 77 77 the board, they are...
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Feb 2, 2025
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were now operating fentanyl labs out of canada as well. and he said that this is a threat to the fabric of american society. and in doing so, expanded the emergency powers declaration that he signed last month to deal with illegal immigration. now expanding it to deal with the drug trade as well. but canadian prime minister justin today was responding to the new terrace imposed by us present donald trump. let's listen in our closest friends and neighbors. this is a choice that, yes, we'll harm canadians. but beyond that, it will have real consequences for you. the american people, it is, i have consistently said tariffs, again, against canada. we'll put your jobs at risk, potentially shutting down american auto assembly plants and other manufacturing facilities. they will raise costs for you, including food at the grocery stores and gas at the pump. they will impede your access to an affordable supply of vital goods, crucial for us security such as nichol, potash, uranium, steel, and aluminum. they will violate the free trade agreement tha
were now operating fentanyl labs out of canada as well. and he said that this is a threat to the fabric of american society. and in doing so, expanded the emergency powers declaration that he signed last month to deal with illegal immigration. now expanding it to deal with the drug trade as well. but canadian prime minister justin today was responding to the new terrace imposed by us present donald trump. let's listen in our closest friends and neighbors. this is a choice that, yes, we'll harm...
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, canada and m up :o have all of the countries, canada and m up:o plans. ve all of the countries, canadathe countries, canada and i\ has o well, although'e all of the countries, canada and i\ h been nell, although'e all of the countries, canada and i\ h been a all, although'e all of the countries, canada and i\ h been a all, more jgh'e e-= 7 with �* statements, saying they reserve just saying they reserve the right to you you . u—eefze 7 you would 7 7 you would expect all of gosemments to those governments to immediately retaliate. the kind i's'tnnesiietelu reteliete aflees'sl-esi ———— ——— — —— — ~ x "msds�*e' e�*s's�*euerkmf fr wu , u . ~ x today "meds�*e' e�*s's�*euerkr�*d a.-. fin ' m . ,, x today is "msds�*e' e�*s's�*euerkmf fr wu , u . ~ x today is that the executive order, 77the7e7xecut7ive biéér, the in the executive order, the united states what it united states included what it calls retaliatory so calls a retaliatory clause. so if these countries do if these countries de the united if these countries de 7 the united states retaliate; the jul-“ed stetes it retailste the jul-“ed st
, canada and m up :o have all of the countries, canada and m up:o plans. ve all of the countries, canadathe countries, canada and i\ has o well, although'e all of the countries, canada and i\ h been nell, although'e all of the countries, canada and i\ h been a all, although'e all of the countries, canada and i\ h been a all, more jgh'e e-= 7 with �* statements, saying they reserve just saying they reserve the right to you you . u—eefze 7 you would 7 7 you would expect all of gosemments to...
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we did not have, in view, a problem trade with canada. 7 trade with canada.vable and there was geing te bea of us mca next renegotiation of us mca next year anyway and that is a donald trump agreement he renegotiated trade agreement and he renegotiated and made it his own. those could have w " ”"eeuiatia’ve gag” w " ”wcouldrhave aeea'setd w w wwcouldrhave steam with disruption so i don't buy the tessdisjuption sonon't buy the or the argument that the equivalence or the argument that the biden administration kept in place tariffs on china expanded and tariffs on china and expanded them in a few strategic sectors that this is in any way meaningfully comparable. this is in any way meaningfully comparable- — comparable. briefly, with 20 seconds left, comparable. briefly, with 20 seconds left. i canada _ comparable. briefly, with 20 seconds left, . canada and _ comparable. briefly, with 20 seconds left, . canada and china _ comparable. briefly, with 20 seconds left, . canada and china expected l file a complaint with the world to file a complaint with the world tr
we did not have, in view, a problem trade with canada. 7 trade with canada.vable and there was geing te bea of us mca next renegotiation of us mca next year anyway and that is a donald trump agreement he renegotiated trade agreement and he renegotiated and made it his own. those could have w " ”"eeuiatia’ve gag” w " ”wcouldrhave aeea'setd w w wwcouldrhave steam with disruption so i don't buy the tessdisjuption sonon't buy the or the argument that the equivalence or the...
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Feb 2, 2025
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for canada, to defend canada, but mostly to say to our american neighbors, guys, just cut it out. just stop it. this is a terrible idea. and yes, we are going to use all the tools in our toolbox. you mentioned a little bit earlier how the united states depends on china for critical minerals and metals that you need, for semiconductors, that you need to build electric vehicles. well, guess who also produces those? canada. you depend on us for a lot and we are happy to work together. but it's got to be a two way street. >> so you did negotiate with trump. and so you do have a sense of him. and i'm wondering, you know, what do you think is going on? because the fentanyl reasoning, you know, is plainly not not important. you know, canada, i think sends 0.002% of the fentanyl that that mexico sends or that passes through mexico. it's all really coming because of american demand for it. but he then talked about making canada the 51st state, which obviously, again, not going to happen. what is he doing? what in your view what is he trying to do? >> look, that is of course a question firs
for canada, to defend canada, but mostly to say to our american neighbors, guys, just cut it out. just stop it. this is a terrible idea. and yes, we are going to use all the tools in our toolbox. you mentioned a little bit earlier how the united states depends on china for critical minerals and metals that you need, for semiconductors, that you need to build electric vehicles. well, guess who also produces those? canada. you depend on us for a lot and we are happy to work together. but it's got...
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Feb 2, 2025
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and mexico and 10% on energy products in canada.f threats have been a bargaining chip in trump's effort to get america's neighbors to curb the flow of migrants and drugs into the united states. together, canada, mexico and china account for nearly half of all u.s. imports, and tariffs could mean higher prices for american consumers. ali rogin explores the trickle down effects of these tariffs with matina stevis-gridneff, the canada bureau chief for the new york times. >> thank you for joining us. mexican and canadian officials say they plan to impose retaliatory tariffs. what is the effect on americans? >> the immediate effect experts say will be inflation will be higher prices and disruptions of industries closely linked to canada and mexico. things like avocados and vehicles could become much more expensive for americans really quickly. >> you mentioned consumer items, but what do we know about what sectors of the u.s. economy will be most affected by these tariffs? >> the canadian government is going to be imposing retaliatory ta
and mexico and 10% on energy products in canada.f threats have been a bargaining chip in trump's effort to get america's neighbors to curb the flow of migrants and drugs into the united states. together, canada, mexico and china account for nearly half of all u.s. imports, and tariffs could mean higher prices for american consumers. ali rogin explores the trickle down effects of these tariffs with matina stevis-gridneff, the canada bureau chief for the new york times. >> thank you for...
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Jan 31, 2025
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it's unlikely to go well with canada. scarlet: the tariffs were set to kick in tonight but may be pushed back. washington and ottawa. thank you for joining us. reuters is reporting we are looking at march for taylor's -- for tariffs. kailey: bloomberg has not confirmed this but this would be different from what donald trump said at the white house. he views it as an unfair trade balance as well as fenton a -- fentanyl crossing the south and northern borders. we heard about possible exemptions. the president was asked about oil. he said that could be price dependent. the u.s. gets most crude from canada, over 70%. that would be hard to replace given venezuela. it's not clear whether this is a firm date. we could hear more in 30 minutes. caroline lovett is set to brief at the white house. she will be facing questions. scarlet: do we know of any active or backroom negotiations between washington and ottawa? what has justin trudeau said about how canada would respond? brian: there has been a steady flow of officials in washin
it's unlikely to go well with canada. scarlet: the tariffs were set to kick in tonight but may be pushed back. washington and ottawa. thank you for joining us. reuters is reporting we are looking at march for taylor's -- for tariffs. kailey: bloomberg has not confirmed this but this would be different from what donald trump said at the white house. he views it as an unfair trade balance as well as fenton a -- fentanyl crossing the south and northern borders. we heard about possible exemptions....
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my thoughts there are for canada and mexico, for china it is more just fentanyl. the difference in the tariff rate. again, i don't think we but again, i don't think we should read too much into it. is 'ust is just the first tariff this is just the first tariff that the trump this is just the first tariff that the will np this is just the first tariff that the will be taking, administration will be taking, and has been clear and trump has been very clear that europe and others are on 7: 7777lista7s7we7ll7.7 77 77 7 7 7 77 were killed when a medical transport plane crashed this is the moment of impact, caught on cameras across the city. the medicaljet was carrying a mexican child back from a hospital when it crashed in a busy neighbourhood, it comes two days after the mid—air collision between a military helicopter and a passenger plane one of three soldiers aboard that black hawk chopper has with an army helicopter. that is the passenger plane — as it encountered the at 8:46:47, dca tower cleared otherjet traffic on runway one at 8:47:39, a radio transmission from
my thoughts there are for canada and mexico, for china it is more just fentanyl. the difference in the tariff rate. again, i don't think we but again, i don't think we should read too much into it. is 'ust is just the first tariff this is just the first tariff that the trump this is just the first tariff that the will np this is just the first tariff that the will be taking, administration will be taking, and has been clear and trump has been very clear that europe and others are on 7:...
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Feb 1, 2025
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but canada, why? of all the countries in the world would we right now be deciding to launch economic war on canada? canada, where the minimum wage, uh, basic wages are higher, where there's more union protection for workers than there is here? i just do not get the logic of these policies. and make no mistake, this is a regressive tax on american consumers. >> and so you mentioned canada. i want to stay with that for a second, because you're right to say that canada and mexico, the borders with both of those countries, are very different. there is a false equivalency that's being kind of held here with what's going on at those two borders. you know, the government did a study on fentanyl coming in from the northern border. it is a tiny, tiny, tiny percentage versus what's coming in through the southern border. and it seems to me that canada itself and its government is confused by what exactly it's supposed to be doing to try to reverse or waive off these tariffs. >> it cannot fathom the logic of laun
but canada, why? of all the countries in the world would we right now be deciding to launch economic war on canada? canada, where the minimum wage, uh, basic wages are higher, where there's more union protection for workers than there is here? i just do not get the logic of these policies. and make no mistake, this is a regressive tax on american consumers. >> and so you mentioned canada. i want to stay with that for a second, because you're right to say that canada and mexico, the...
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he execl canada, ir bring and china tariffs on canada, mexico and china and he asked about tariffs onrom the eu and he said absolutely, he thinks the eu to american products very reach the american products very unfairly, and he referenced vat being levied at he thinks being levied at 20% which he thinks is akin to some kind of trade he wants to so he that he wants to counter, so he did not say when and he did not say net. say when. and'hg'éifiingtsg�*g what. of tariffs net. sag whgn and'hg'éifiingtsg what. of tariffs but he say he levelof tariffs but he did say he to do it. ~ todo it. . . todoit. . ., wants to do it. we have a tremendous deficit with . european _ egioizzzz tti-tiizz = -—25 if ' “7 w ' if: ’ we will bring the level up to where it- be — we will bring the level up to where it be. ., it should be. the level of tariffs is talkin: it should be. the level of tariffs is talking about, _ it should be. the level of tariffs is talking about, 2596 _ it should be. the level of tariffs is talking about, 2596 against i it should be. the level of tariffs - is talking about, 2596 again
he execl canada, ir bring and china tariffs on canada, mexico and china and he asked about tariffs onrom the eu and he said absolutely, he thinks the eu to american products very reach the american products very unfairly, and he referenced vat being levied at he thinks being levied at 20% which he thinks is akin to some kind of trade he wants to so he that he wants to counter, so he did not say when and he did not say net. say when. and'hg'éifiingtsg�*g what. of tariffs net. sag whgn...
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all right, uh. hire oh uh canada. now, so what, what are we going to see from canada? it's brought in its own retaliatory measures are already is this not going to be a losing battle for, for consumers on both side and businesses on both sides? yeah, it's always so retaliatory. tires are about alleged award, as you mentioned, while they may be effective, these carefully crafted. they also raise the costs for canadian businesses.
all right, uh. hire oh uh canada. now, so what, what are we going to see from canada? it's brought in its own retaliatory measures are already is this not going to be a losing battle for, for consumers on both side and businesses on both sides? yeah, it's always so retaliatory. tires are about alleged award, as you mentioned, while they may be effective, these carefully crafted. they also raise the costs for canadian businesses.
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part is mexico, canada and china. that's according to his white house press secretary and live at the tassel. goods were coming to effect on saturday. the president will be implementing tomorrow. a 25 percent terrace on a mexico 25 percent terrace on canada, and a 10 percent terrace on china, a for the illegal set and all that they have sourced and allowed to distribute into our country, which has killed tens of millions of americans. these are promises made and promises kept by the president on fisher, his life for style, washington dc. so out in trump has been speaking about a range of issues this out. what more do we know? he does this a lot to feel his pebbles and starts ball is rolling and that's exactly what he's done here is a ton to the idea of egypt and jordan taking in some of the people from gaza. he says that they are on the verge of doing that. we know that he has spoken to the government in jordan. he also claim that he spoken to president cc in cairo, something that the egyptian government denies it. of
part is mexico, canada and china. that's according to his white house press secretary and live at the tassel. goods were coming to effect on saturday. the president will be implementing tomorrow. a 25 percent terrace on a mexico 25 percent terrace on canada, and a 10 percent terrace on china, a for the illegal set and all that they have sourced and allowed to distribute into our country, which has killed tens of millions of americans. these are promises made and promises kept by the president...
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Feb 1, 2025
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and in canada. and it's unjustified. >> and so what steps will canada take next? we are expecting to hear from your prime minister. he was supposed to speak within the hour. obviously we have been monitoring the ntsb update, but what do you think happens? what does canada do now? >> well. >> we'll have retaliatory measures. >> it's unfortunate. we don't want. >> to do it. we'd rather have. >> a strong. >> trading partner with the u.s. >> build an. >> american fortress. we want. >> to ship. >> down more products, more critical minerals. uh, more oil. >> that's what. >> we want to do. >> uh, but i can. i can assure you what president trump underestimates the resilience. of the canadian people, the strength. >> of the canadian. >> people, no matter what political stripe you come from in canada, we're united. >> we're a united. >> country, and we're a proud country. >> and when you say retaliatory measures, is that retaliatory tariffs you believe? >> yes, they'll be retaliatory tariffs. and the prime minister will announce that shortly. >> and is there any sense, um,
and in canada. and it's unjustified. >> and so what steps will canada take next? we are expecting to hear from your prime minister. he was supposed to speak within the hour. obviously we have been monitoring the ntsb update, but what do you think happens? what does canada do now? >> well. >> we'll have retaliatory measures. >> it's unfortunate. we don't want. >> to do it. we'd rather have. >> a strong. >> trading partner with the u.s. >> build an....
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and we get more now on canada's reaction from cnn's paula newton in ottawa. >> canada says it feels like a country targeted and scorned by the united states. the reaction here was visceral, emotional, but also clear headed about the devastating challenges ahead for the canadian economy. and keep in mind, donald trump is ripping up an agreement that he signed with canada in terms of trade, canada is now coming to terms with the fact that he no longer wants that relationship. listen. >> i don't think there's a lot of americans who wake up in the morning saying, oh, canada. oh, we should really go after canada. we're there as friends, as partners. we always have been. we always will be. yes, we've had our differences in the past, but we've always found a way to get past them. as i've said before, if president trump wants to usher in a new golden age for the united states, the better path is to partner with canada, not to punish us. >> and so canada will retaliate. about $155 billion in total canadian $30 billion of that will come on tuesday. the 25% tariffs to match the trump administration
and we get more now on canada's reaction from cnn's paula newton in ottawa. >> canada says it feels like a country targeted and scorned by the united states. the reaction here was visceral, emotional, but also clear headed about the devastating challenges ahead for the canadian economy. and keep in mind, donald trump is ripping up an agreement that he signed with canada in terms of trade, canada is now coming to terms with the fact that he no longer wants that relationship. listen....
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what has been the reaction in canada to trump calling for canada to become the 51st state of the united states? >> well. >> look, i'll be honest, i think that canadians. we i think we take it as a bit of ribbing, a bit of joking. some people find the joke funny, some don't. but canadians are very proud. we're just as proud of our country and of being canadian as americans are of their country and being americans. so i think that pretty much every canadian is interested in keeping it that way. >> you should be very proud. canada is a great country and i love visiting canadian ambassador to the united states, kristen hillman. thank you so much for your time with us. >> thanks for having me. >> fbi, doj, dea, omb. it is an eye chart of government agencies and programs donald trump is trying to plunder. at what cost? though? the political panel though? the political panel weighs in later. ever feel like a spectator in your own life with chronic migraine? 15 or more headache days a month, each lasting 4 hours or more. botox® prevents headaches in adults with chronic migraine. in a survey, 91
what has been the reaction in canada to trump calling for canada to become the 51st state of the united states? >> well. >> look, i'll be honest, i think that canadians. we i think we take it as a bit of ribbing, a bit of joking. some people find the joke funny, some don't. but canadians are very proud. we're just as proud of our country and of being canadian as americans are of their country and being americans. so i think that pretty much every canadian is interested in keeping it...
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Feb 1, 2025
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. imposed on canada by trump., but we're going to stand up to a bully. we're united and we will retaliate. they're going to raise interest rates. less than eight years, that the united states has, trading partner, that it negotiated in good faith. carney speaking to bbc night. with me is our north america correspondent merlyn thomas. ella mcdonald trump has announced for three of announced tariffs for three us's largest the us�*s largest trading — mexico, canada mmchina. china. he wwchina. he said w ”china. he said put and china. he said hell pie; ”**"'*”'”*""’ and china. he said hell pub” '" " ' on both mexico and 25% tariffs on both mexico and and 10% on china — canada, and 10% on china — also hinted he might do same for european the same for european goods, but he hasn't been more specific. i let me walk you —— specific; ! let me wat'c 777 you specific; itet me ways. goo—fi— ~~~ you through what it means. n what it means. tariffs n what it means. tariffs are and what it means. tariffs are and what it means. tari
. imposed on canada by trump., but we're going to stand up to a bully. we're united and we will retaliate. they're going to raise interest rates. less than eight years, that the united states has, trading partner, that it negotiated in good faith. carney speaking to bbc night. with me is our north america correspondent merlyn thomas. ella mcdonald trump has announced for three of announced tariffs for three us's largest the us�*s largest trading — mexico, canada mmchina. china. he wwchina....
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Jan 31, 2025
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just no comparison between canada and mexico on those two things. >> canada's canada's pride and joy. daniel dale, thank you so much. appreciate it. i want to bring back lance trover, who didn't get a chance to say anything in our political panel. lance, i do want to ask you, do you have any concerns about the president politicizing this airplane crash, this tragedy? >> no. >> look, i think when you're the president of the united. >> states and. >> you know. >> it's totally appropriate. >> to discuss. >> issues that may or may. >> not have contributed. >> to this event. >> and let's let's. >> remember. >> do you you. >> just noted it. this is. >> discussion about di in the faa. >> has been going on a. >> long time. patty murray. >> a democrat from washington herself. >> was raising issues with the faa more than ten. >> years ago. >> jd vance was talking about. >> it yesterday. hundreds of people who have sued the faa. >> people who were credible. >> and should have been hired because they didn't get it because of the color of their skin. so, no, i mean, he's the president of the unite
just no comparison between canada and mexico on those two things. >> canada's canada's pride and joy. daniel dale, thank you so much. appreciate it. i want to bring back lance trover, who didn't get a chance to say anything in our political panel. lance, i do want to ask you, do you have any concerns about the president politicizing this airplane crash, this tragedy? >> no. >> look, i think when you're the president of the united. >> states and. >> you know....
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Jan 31, 2025
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canada is a bit different and u.s. is running a $70 billion trade gap with them, but if energy is removed, we actually have a surplus with canada and that surplus going to includes automobiles and manufacturing. now, 60% of u.s. oil imports come from canada and canadian oil companies provide us with a 20% discount and their heavy crude has to be refined into gasoline and diesel fuels. some oil experts are pointing out, a 25% tariff wipes out the 20% discount. so they fear that gasoline prices in the midwest and in the northern states could jump by perhaps 40-75-cents. the oil industry is hoping for a carve out from the 25% tariff and we'll see about that. on the tariff news announced by ms. leavitt, dow jones fell about 130 points and they believe the tariffs are inflationary and i suggested before, tariffs are not. sure, there might be some minor one time product price increases, but exporters to the u.s. will bare 50% or more of the tariff increase by luering their prices in order to sell to american consumers and bu
canada is a bit different and u.s. is running a $70 billion trade gap with them, but if energy is removed, we actually have a surplus with canada and that surplus going to includes automobiles and manufacturing. now, 60% of u.s. oil imports come from canada and canadian oil companies provide us with a 20% discount and their heavy crude has to be refined into gasoline and diesel fuels. some oil experts are pointing out, a 25% tariff wipes out the 20% discount. so they fear that gasoline prices...
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Feb 2, 2025
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ihat statt - canada and mexico?- short and long-term? ihat statt - canada and mexico.. i think the economic effects will be for both canada and severe for both canada and mexico. compared to the us there are more trade —dependent on further exports they send on further exportstbey send 80% of on further expertstney send 80% of the united almost 80% of the united states. the 25% rate they will face is also higher than 10% on facaisalso higher than 10% on china facgjsalso higher than 10% on china is only about 15% china. china is only about 15% dependent on the united states. dependent'ontheijfiited states. has �* options dependent'on�*the'ijfiited' states. has �*options buyers it has other options and buyers for it can for its good that it can redirect that trade to more easily. this seems to follow §§§|l¥ the §§§m§ tfitfiflfi’fi" 777 77 "th" theory §§§|l¥ th's §§§ht§ tfitfiflfi’fi" 777 77 "th" theory of hit“? th's §§§m§ tfitfiflfi’fi" 777 77 "nt" theory of punish your the theery ef penis-b gee-r:— : :——:~— first and the theery ef penis-h gee-r:— : :——:~— first and most harshly. friends
ihat statt - canada and mexico?- short and long-term? ihat statt - canada and mexico.. i think the economic effects will be for both canada and severe for both canada and mexico. compared to the us there are more trade —dependent on further exports they send on further exportstbey send 80% of on further expertstney send 80% of the united almost 80% of the united states. the 25% rate they will face is also higher than 10% on facaisalso higher than 10% on china facgjsalso higher than 10% on...
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Feb 2, 2025
02/25
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2%ef§’ canada or mexico cool head; - canada or mexico notl cool heat: - canada or mexico not to for canadaespend in kind with seme'kind countervailing duties. respdnd in kind with seme'kind countervailing duties. i of countervailing duties. i think a countervailing duty from canada �*mexico not from canada or mexico will not a good idea, because again be a good idea, because again what do you want to prevent is your own supply cost of j cost of living chains, cost of living for form of duties mexicans. some form of duties will be on us, witt be levied er! the us. the: .,.....,...,..,.,.,is..- here is wilt he levied eh the us. the ' ” " ' here is whether this is wilt he levied eh the us. the ' ” " ' here i tactic. er this is wilt he levied eh the us. the ' ” " ' here i tactic. there. is wilt he levied eh the us. the ' ” " ' here i tactic. there are yours 77 % yours truly, some included yours truly, believe that some of this is to heliee’e that "we ef this. ”q ~— , , . .,, an early renegotiation heliee’e that "me ef this. ”a ~— , , . .,, an early renegotiation of force an early renegotiation
2%ef§’ canada or mexico cool head; - canada or mexico notl cool heat: - canada or mexico not to for canadaespend in kind with seme'kind countervailing duties. respdnd in kind with seme'kind countervailing duties. i of countervailing duties. i think a countervailing duty from canada �*mexico not from canada or mexico will not a good idea, because again be a good idea, because again what do you want to prevent is your own supply cost of j cost of living chains, cost of living for form of...
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Jan 31, 2025
01/25
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that was it fit a free trade deal with mexico and canada. so he's basically blowing up his own deal . and if you look at what's been happening with the trade deficit between mexico and canada in the us, it is only increased. it increased uh, as the years have passed since that agreement. so basically, a trade deficit is the different stream for the country in ports to the us and what the us exports to those countries. and just to give you a sense of the numbers, according to some of the information i've been gathering the trade deficit with mexico in 2023 was a 161000000000 dollars with canada was much lower. 31, i'm sorry. $72000000000.00, but that's up from $32.00. so you can see this is something that donald trump has said he wants to fight. now i think it's very important that we put a some facts in here. fentenol does not necessarily come from immigrants crossing the southern border. of course, there are instance of that, but still there been so many studies that show the vast majority of fentanyl is coming in through legal ports of ent
that was it fit a free trade deal with mexico and canada. so he's basically blowing up his own deal . and if you look at what's been happening with the trade deficit between mexico and canada in the us, it is only increased. it increased uh, as the years have passed since that agreement. so basically, a trade deficit is the different stream for the country in ports to the us and what the us exports to those countries. and just to give you a sense of the numbers, according to some of the...
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Feb 2, 2025
02/25
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canada will be responding to the us trade action with 25% president trump. turning on canada like thisere always such good neighbours. but i also think it is going to hurt the are going to be more expensive. president trump says he is doing this to make countries stop illegal immigration and the flow of drugs into the us. in turn, mexico's president accused mr trump of doing nothing to combat gun violence at the border and threatened retaliatory taxes. people here also fear the consequences of a trade war. i consider it is mutual aggression to both the us and mexico because it'll be the consumer who ultimately pays america imports. it cannot be simply said that if there should be a process of mutual cooperation and mutual win—win. president trump signed the order after a day of golf in his resort behind me here in west palm beach. should become part of america. donald trump has said he will also impose tariffs on the eu to try to rebalance trade. uk in his sights. end of this week. and most importantly we don't know whether this is a limited action just focused on these world and the u
canada will be responding to the us trade action with 25% president trump. turning on canada like thisere always such good neighbours. but i also think it is going to hurt the are going to be more expensive. president trump says he is doing this to make countries stop illegal immigration and the flow of drugs into the us. in turn, mexico's president accused mr trump of doing nothing to combat gun violence at the border and threatened retaliatory taxes. people here also fear the consequences of...
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Feb 1, 2025
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canada's biggest export to america is oil.gal fentanyl that they have sourced and allowed to distribute into our country. hundreds of billions of dollars worth of imports are trucked from mexico and canada into america, and the other way around. they are each other�*s biggest trading partners by far. for instance, 90% of the avocados sold in america come from mexico. charging a 25% tax on each fruit that crosses the border will hurt mexican exporters, but it also risks increasing prices for american consumers. canada's biggest export to america is oil. even 10% import tariffs risk raising costs for americans, and, of course, canada will also feel the pain if america buys less of their oil. the prime minister says that he is ready to respond. if the president does choose to implement any tariffs against canada, we are ready with a response. a purposeful, forceful but reasonable, immediate response. 10% tariffs will be charged on all of the electronics and other goods that are shipped to america from china. donald trump says he
canada's biggest export to america is oil.gal fentanyl that they have sourced and allowed to distribute into our country. hundreds of billions of dollars worth of imports are trucked from mexico and canada into america, and the other way around. they are each other�*s biggest trading partners by far. for instance, 90% of the avocados sold in america come from mexico. charging a 25% tax on each fruit that crosses the border will hurt mexican exporters, but it also risks increasing prices for...
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so canadian diplomats and india canada did the same. and really, towards the end of $51.00 pull up, the government was really left full staying the kind of the relationship. but now we're seeing these lawful reports by canada and the indian ministry of external affairs, not holding back for really rejecting these reports. when you talk about the seek separatist lee does, there have been sent home number assigned the india has gone on to see that kindly make sure that these elements, these nasty elements don't who on your soil, given the facts of being openly reckoning, india and, and you need to ship and the garbled freedom of beach canada as long as lies allow that to happen. and these seats separate just they've been chunky. i'll pull all this done still booms, which essentially is when you say call this don, it's, it's an idea. it's a concept where you've got when you've car vault piece of the indian, then as a separate states both called the song. now this is not an idea that the seats in india endorse. now suppose again, this is re
so canadian diplomats and india canada did the same. and really, towards the end of $51.00 pull up, the government was really left full staying the kind of the relationship. but now we're seeing these lawful reports by canada and the indian ministry of external affairs, not holding back for really rejecting these reports. when you talk about the seek separatist lee does, there have been sent home number assigned the india has gone on to see that kindly make sure that these elements, these nasty...
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Feb 2, 2025
02/25
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canada's ambassador to the u.s. earlier on abc. >> i think the canadian people are going to examine that our government stands firm and stands up for itself. reporter: last night at ottawa center hockey game, the crowd booed when the american anthem played and ottawas went onto win 6-0 over minnesota wild. jonathan. johnathon: we shall see, canada at 51st state and greenland at 52nd. ambitious agenda. lucas, thank you very much indeed. alicia. alicia: president trump delivering on the campaign promise. will it pay off? axios senior reporter justin trudeau had this message for americans. >> tariffs against canada will put your jobs at risk. potentially shutting down american assembly plants and other manufacturing facilities. they will raise costs for you including food at the grocery store and gas at the pump. alicia: if they have retaliatory tariffs and they'll expand his tariffs and this is trade war talk. what should americans take away from this when they're going to the grocery store and going to the gas statio
canada's ambassador to the u.s. earlier on abc. >> i think the canadian people are going to examine that our government stands firm and stands up for itself. reporter: last night at ottawa center hockey game, the crowd booed when the american anthem played and ottawas went onto win 6-0 over minnesota wild. jonathan. johnathon: we shall see, canada at 51st state and greenland at 52nd. ambitious agenda. lucas, thank you very much indeed. alicia. alicia: president trump delivering on the...
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Feb 2, 2025
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canada has hit back. tariffs against canada will put yourjobs at risk. president trump is imposing tariffs of 25% on all goods being imported into the us from both canada and mexico. oil imports, however, will be taxed at 10%. he says he will absolutely impose some kind of tariff on the european union to try to rebalance trade, imports and exports the same amount. president trump used emergency legislation to do this, he also believes this will make american consumers turn away from other countries and invest in us products instead. in less than two weeks since he returned to the white house, president trump's strategy is clear. he is going to risk using america's economic dominance nomia iqbal, bbc news, florida. the retaliation has started already. yes indeed. and it is coin: already. yes indeed. and it is auoin to already. yes indeed. and it is going to be — already. yes indeed. and it is going to be - grim - {27:52 522—ka 1: 7k? 7 of weeks, it seems, for couple of weeks, it seems, for producers, people who export to the united states from mexico and
canada has hit back. tariffs against canada will put yourjobs at risk. president trump is imposing tariffs of 25% on all goods being imported into the us from both canada and mexico. oil imports, however, will be taxed at 10%. he says he will absolutely impose some kind of tariff on the european union to try to rebalance trade, imports and exports the same amount. president trump used emergency legislation to do this, he also believes this will make american consumers turn away from other...
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Feb 2, 2025
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but7 7 7 canada.rown around alae ganaea; bet tisefeahaee” thrown around that claim been thrown around that claim the mexican economy shut can shrink by as much as 1.5% of gdp the tariffs the gdp if the tariffs are in place for a �*or place for about a year or so. downturn in the us will the eewntern in the us. will wwwwwwwwwwww ww be the eewhterh in the life". will ' " .. be significant, maybe the eewhterh in the life". will ' " w be significant, maybe not also be significant, maybe not as much as in mexico because of the asymmetry in the imports as much as in mexico because of the exports try in the imports as much as in mexico because of the exports but n the imports as much as in mexico because of the exports but none imports as much as in mexico because of the exports but none the orts as much as in mexico because of the exports but none the less as much as in mexico because of the export: perhaps e the less as much as in mexico because of the export: perhaps e �* the ess e'fifi'f'eéfitfiffiefitfi t5§777
but7 7 7 canada.rown around alae ganaea; bet tisefeahaee” thrown around that claim been thrown around that claim the mexican economy shut can shrink by as much as 1.5% of gdp the tariffs the gdp if the tariffs are in place for a �*or place for about a year or so. downturn in the us will the eewntern in the us. will wwwwwwwwwwww ww be the eewhterh in the life". will ' " .. be significant, maybe the eewhterh in the life". will ' " w be significant, maybe not also be...
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Feb 2, 2025
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canada hit back. we will be tariffs canada hit back. we will be - tariffs on - canada hit back.will be - tariffs on the - canada hit back. we will be i - tariffs on the united imposing tariffs on the united states — imposing tariffs on the united states. time shall putjobs at risk. mexico's president the risk. mexico's president - the united - risk. mexico's president l - the united states risk. mexico's president - - the united states are accused the united states are dealing with its own not dealing with its own problems drugs. president problems with drugs. president trump is imposing a tax of 25% on goods 77 on goods from canada and 2-— ’ igthieire will " 7 w 7 "tore out 575777 7 77 7 "tore will 5753777 7 77 77 there will be a 10% on goods coming from leyyon all goods coming from he says he will china. he says he will absolutely impose some kind of tire on the upn union try tire is on the upn union to try and rebalance trade. illegal migrants into the us and to stop the flow of drugs. he also believes this will make american consumers turn away in less than two weeks since h
canada hit back. we will be tariffs canada hit back. we will be - tariffs on - canada hit back.will be - tariffs on the - canada hit back. we will be i - tariffs on the united imposing tariffs on the united states — imposing tariffs on the united states. time shall putjobs at risk. mexico's president the risk. mexico's president - the united - risk. mexico's president l - the united states risk. mexico's president - - the united states are accused the united states are dealing with its own...
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Feb 2, 2025
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mexico and canada swiftly vowing to retaliate. >> tariffs against canada will put your jobs at risk. it will raise costs for you. >> is this the start of a global trade war? >>> plus, searching for answers. >> we are going to conduct a thorough investigation of this entire tragedy, looking at the facts. facts. >> as federal investigators hunt for answers in the deadly plane crash over the potomac river, president trump shifts to blaming diversity policies, air traffic erscontrollers, and hi political rivals. >> i put safety first. obama, biden, and the democrats put politics first. >> we can only accept the best and the brightest. >> the era of dei is gone at the defense department. >>> and cabinet battle. >> senator, i support vaccines. >> this is a job where it is life and death. >> was edward snowden a traitor? >> my heart is with my commitment to our constitution. >> i would never do anything unconstitutional or unlawful. >> president trump's most controversial nominees face off on capitol hill, but will they all be confirmed? my guest this morning, homeland security secretary, k
mexico and canada swiftly vowing to retaliate. >> tariffs against canada will put your jobs at risk. it will raise costs for you. >> is this the start of a global trade war? >>> plus, searching for answers. >> we are going to conduct a thorough investigation of this entire tragedy, looking at the facts. facts. >> as federal investigators hunt for answers in the deadly plane crash over the potomac river, president trump shifts to blaming diversity policies, air...
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Feb 2, 2025
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cnn's paula newton has more on canada's response canada says it feels like a country targeted and scorned by the united states. >> the reaction here was visceral, emotional, but also clear headed about the devastating challenges ahead for the canadian economy. and keep in mind, donald trump is ripping up an agreement that he signed with canada in terms of trade. canada is now coming to terms with the fact that he no longer wants that relationship. listen. >> i don't think there's a lot of americans who wake up in the morning saying, oh,, canada. oh, we should really go after canada. we're there as friends, as partners. we always have been. we always will be. yes, we've had our differences in the past, but we've always found a way to get past them. as i've said before, if president trump wants to usher in a new golden age for the united states, the better path is to partner with canada, not to punish us. >> and so canada will retaliate. about $155 billion in total canadian $30 billion of that will come on tuesday. the 25% tariffs to match the trump administration tariffs. the bulk of that
cnn's paula newton has more on canada's response canada says it feels like a country targeted and scorned by the united states. >> the reaction here was visceral, emotional, but also clear headed about the devastating challenges ahead for the canadian economy. and keep in mind, donald trump is ripping up an agreement that he signed with canada in terms of trade. canada is now coming to terms with the fact that he no longer wants that relationship. listen. >> i don't think there's a...
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Jan 31, 2025
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Feb 2, 2025
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but why canada?hat i do not understand -- host: why is it good for china and mexico and not canada? caller: i do not think he is doing anything that is going to be an advantage to america. host: i think he's a criminal and how the hell did we elected president? host: let's hear once more from the prime minister of canada, justin trudeau. it was announcing the new tariff that he had a message directly for the american people, and here is part of that. >> this is a choice that yes, will harm canadians, but beyond that it will have real consequences for you. the american people. as i have consistently said, tariffs against canada will put your jobs at risk. potentially shutting down american auto assembly plants and other manufacturing facilities. they will raise costs for you including food at the grocery stores and gas at the pump. it will impede your access to an affordable supply of vital goods crucial for u.s. security such as nickel, uranium, steel, and aluminum. it will violate the free-trade agr
but why canada?hat i do not understand -- host: why is it good for china and mexico and not canada? caller: i do not think he is doing anything that is going to be an advantage to america. host: i think he's a criminal and how the hell did we elected president? host: let's hear once more from the prime minister of canada, justin trudeau. it was announcing the new tariff that he had a message directly for the american people, and here is part of that. >> this is a choice that yes, will...
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Feb 2, 2025
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announcing canada will be responding to the u.s. trade action with 25% tariffs against $155 billion worth of american goods. this will include immediate tariffs on $30 billion worth of goods as of tuesday, followed by further tariffs on $125 billion worth of american products in 21 days time to allow canadian companies and supply chains to seek to find alternatives. >> some of the top imports from canada to the u.s. include oil, minerals, cement, wood and paper products. mexico is america's largest trade partner, exporting $467 billion worth of goods to the u.s. last year. things like fruits, vegetables, steel, beer and alcohol. mexico's president, claudia sheinbaum, says she will implement a plan that includes tariff and non-tariff measures against the u.s., but she didn't elaborate on what that would involve. here she is. >> when we negotiate with other nations, when we talk with other nations, always with our heads held high, never bowing our heads, we are equal with all the nations of the world. mexico is free, independent, and
announcing canada will be responding to the u.s. trade action with 25% tariffs against $155 billion worth of american goods. this will include immediate tariffs on $30 billion worth of goods as of tuesday, followed by further tariffs on $125 billion worth of american products in 21 days time to allow canadian companies and supply chains to seek to find alternatives. >> some of the top imports from canada to the u.s. include oil, minerals, cement, wood and paper products. mexico is...
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Jan 31, 2025
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and canada and are because canada and mexico are also the two largest also among the two largest importers7 77 toga, iiieg737i7 tariffs is to curb illegal immigration as well as the input of opioids and specifically fentanyl. in that input of opioids and specifii it ly fentanyl. in that input of opioids and specifii it is fentanyl. in that input of opioids and specifii it is feni a iyl. in that input of opioids and specifii it is feni a traditional sense, it is not a traditional trade war, since the intention 7- than merel the and in his latest tariff threat, president trump has warned off brics member countries from we be watching that and it to you on binging it to you on business, following the release of the chinese ai—chatbot, deepseek. of over a trillion dollars was triggered. (mix scr y)well but one of the big players least affected was apple. apple shares rose over 3% on thursday after reporting its first quarter earnings. revenue was better than analysts estimated, apple beat wall street �*s quarterly profit estimates. rose 1t% to $124 billion revenue rose 4% to $124 billion in th
and canada and are because canada and mexico are also the two largest also among the two largest importers7 77 toga, iiieg737i7 tariffs is to curb illegal immigration as well as the input of opioids and specifically fentanyl. in that input of opioids and specifii it ly fentanyl. in that input of opioids and specifii it is fentanyl. in that input of opioids and specifii it is feni a iyl. in that input of opioids and specifii it is feni a traditional sense, it is not a traditional trade war,...
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Jan 25, 2025
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the people of canada would like it. but just to start off, they have a massive tax cut and they would have a lot more business and we would let business go to canada routinely and have no tariffs. >> the united kingdom might be in a better spot, then? [indiscernible question] president trump: say it once again. [indiscernible question] frum thrum -- president trump: his father was a big asset to the state. i think franklin and and other people that are doing what franklin have done. but i have known franklin so long. he made a speech, beautiful speech, beautiful prayer. he does a great job. and we made a big donation and it was money well spent. sometimes you make donations that aren't well spent. we are going to the site now and one of the sites and i think for those who haven't seen it, you won't even believe it. and i can speak for the republican congressman, we're going to knock it out, right? we're going to knock it out and we take it personally. north carolina was very unfairly treated, very unfairly treated. it w
the people of canada would like it. but just to start off, they have a massive tax cut and they would have a lot more business and we would let business go to canada routinely and have no tariffs. >> the united kingdom might be in a better spot, then? [indiscernible question] president trump: say it once again. [indiscernible question] frum thrum -- president trump: his father was a big asset to the state. i think franklin and and other people that are doing what franklin have done. but i...
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Feb 2, 2025
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but why canada?hat i do not understand -- host: why is it good for china and mexico and not canada? caller: i do not think he is doing anything that is going to be an advantage to america. host: i think he's a criminal and how the hell did we elected president? host: let's hear once more from the prime minister of canada, justin trudeau. it was announcing the new tariff that he had a message directly for the american people, and here is part of that. >> this is a choice that yes, will harm canadians, but beyond that it will have real consequences for you. the american people. as i have consistently said, tariffs against canada will put your jobs at risk. potentially shutting down american auto assembly plants and other manufacturing facilities. they will raise costs for you including food at the grocery stores and gas at the pump. it will impede your access to an affordable supply of vital goods crucial for u.s. security such as nickel, uranium, steel, and aluminum. it will violate the free-trade agr
but why canada?hat i do not understand -- host: why is it good for china and mexico and not canada? caller: i do not think he is doing anything that is going to be an advantage to america. host: i think he's a criminal and how the hell did we elected president? host: let's hear once more from the prime minister of canada, justin trudeau. it was announcing the new tariff that he had a message directly for the american people, and here is part of that. >> this is a choice that yes, will...
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Feb 2, 2025
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american products now is also the time to choose canada. there are many ways for you to do your part. president trump said companies wanting to avoid those costs should move to the united states. a bid to bolster american manufacturing, but supply chain experts say that takes time. okay, now i'm going to build it here. i have suppliers here that can do it, but they already have business. so are they gonna want to take more on? if i'm going to build a new plan, that's a minimum 24 months to just get it built staffed and then start. in the meantime, consumers on both sides of the border will pay. kristen salumi alger 0, detroit, michigan, still head on algae, 0 choppy waters. the us secretary of state follows up on tron 6 ordinary freight to seize the panama canal and major protesting serbia. thousands of people show their anger, accusing the government of corruption, the they're still funding on the ground river funding in brittany and then all for us to friends and all that. you might think these groups are frightening street cabinets way a
american products now is also the time to choose canada. there are many ways for you to do your part. president trump said companies wanting to avoid those costs should move to the united states. a bid to bolster american manufacturing, but supply chain experts say that takes time. okay, now i'm going to build it here. i have suppliers here that can do it, but they already have business. so are they gonna want to take more on? if i'm going to build a new plan, that's a minimum 24 months to just...
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Feb 2, 2025
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and from canada. >> potatoes. >> grains, lumber. and steel. >> do you. >> think at some point. >> the trump voters will connect. >> the dots that these taxes are going to be paid by them? and this is not necessarily. >> going to. >> hurt the. >> the. >> folks back in canada and mexico. >> that is the big question. i mean, one of the things that was so strange about the campaign, the strangest thing about the campaign was that everyone agreed that the number one issue in america, the number. >> one source of discontent. >> was inflation and higher prices. and one. >> of. >> the two major candidates, donald trump, was explicitly running on an agenda and campaign promised to raise prices. and this was clear as day. and for some reason, no one listened. wall street, up until yesterday, was saying that the tariffs aren't going to happen. he clearly believes in tariffs. he also seems to have a vendetta against our closest allies. it's very strange that he seems like why is china 10% and right. and canada 25%. i thought this the whole thin
and from canada. >> potatoes. >> grains, lumber. and steel. >> do you. >> think at some point. >> the trump voters will connect. >> the dots that these taxes are going to be paid by them? and this is not necessarily. >> going to. >> hurt the. >> the. >> folks back in canada and mexico. >> that is the big question. i mean, one of the things that was so strange about the campaign, the strangest thing about the campaign was that...
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american products now is also the time to choose canada. there are many ways for you to do your part. president trump said companies wanting to avoid those costs shouldn't move to the united states. a bid to bolster american manufacturing, but supply chain experts say that takes time. okay, now i'm going to build it here. i have suppliers here that can do it, but they already have business. so are they gonna want to take more on? if i'm gonna build a new plan, that's a minimum 24 months to just get it built staffed and then start. in the meantime, consumers on both sides of the border will pay kristin salumi, l g 0, detroit, michigan, hiero eunice as the director of policy at the business council of british columbia . he says both canadians and americans will feel the impact of the tax of the federal government of canada, already introduced legislation and has advocated some resources into border security. but that didn't seem to be enough. trade barriers don't create winners. winters protectionism hurts both sides. they need to share losse
american products now is also the time to choose canada. there are many ways for you to do your part. president trump said companies wanting to avoid those costs shouldn't move to the united states. a bid to bolster american manufacturing, but supply chain experts say that takes time. okay, now i'm going to build it here. i have suppliers here that can do it, but they already have business. so are they gonna want to take more on? if i'm gonna build a new plan, that's a minimum 24 months to just...
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but you know, i, i think it's reasonable to canada to respond. i hope the different governments can find a bass to, to back to where we were before too. but just basically a free trade area between canada and mexico. the united states though, of course, you know, given what's happened over the past 2 days, it's going to be difficult to restore the trust of businesses that have invested so much in supply chains that run across the entire us empty area. well, mexico's government is appearing to retaliate against the us food as new tires. the message from america's southern neighbor is the tower. so ultimately hurt the us to the guy on explain. or they want to dispelled this notion that the mexican economy is somehow on the precipice of an economic collapse. and it's that they've been highlighting the strength of the mexican economy right now and how it is prepared to handle whatever is thrown its way. however, when you speak to analysts and to economies, they say that these terms will have an effect. there is no doubt about it. we have to remember
but you know, i, i think it's reasonable to canada to respond. i hope the different governments can find a bass to, to back to where we were before too. but just basically a free trade area between canada and mexico. the united states though, of course, you know, given what's happened over the past 2 days, it's going to be difficult to restore the trust of businesses that have invested so much in supply chains that run across the entire us empty area. well, mexico's government is appearing to...
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now there is one exception the tariffs on canada.ly imposed a lower 10% tariff on canadian energy. but look, this had been a pillar of donald trump's economic policy, one that he touted heavily, especially in the final weeks of the election. but tariffs are also something that he believes he used effectively during his first term. and, you know, just to break down a little bit of the details in these different orders, one key thing is that they do include a retaliation clause, essentially saying that if other countries like canada and mexico or china try to respond with their own tariffs, the president may seek and choose to raise this percentage. the percentage of these tariffs even higher. he also explained that the real reason behind this is not necessarily a trade policy, but but that he believes that the countries, particularly our northern and southern borders, are not doing enough to stem the flow of undocumented migrants and drugs coming into the united states. this is one line that was in the white house fact sheet that was
now there is one exception the tariffs on canada.ly imposed a lower 10% tariff on canadian energy. but look, this had been a pillar of donald trump's economic policy, one that he touted heavily, especially in the final weeks of the election. but tariffs are also something that he believes he used effectively during his first term. and, you know, just to break down a little bit of the details in these different orders, one key thing is that they do include a retaliation clause, essentially...
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Jan 31, 2025
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coming from canada. that's important because 90 percent of kind of disorderly gas comes. so it's of the board. and he says he's also going to impose a ton of on chips as well. now he's going to also pick kind of on goods coming in from china. he says, this is going to raise money, but this is because he believes the chinese are loving illegal fentanyl to come into the us. so we're kind of in mexico. so some of this is about trade. some of this is about fentanyl. all of it is something new we'll have to judge in the coming days when we see the impact that has not just on prices, but the way that the us economy reacts including things like inflation, interest rates. and of course, the continued monitoring of the stock market. unofficial, thanks so much indeed. well, trump says the tires are in response to the flow of illegal immigrants and the drug sent and now into the us. who disrupt over old natalie, $1.00 trillion dollars with trade leaders of both canada and mexico site. they're ready to respond. the
coming from canada. that's important because 90 percent of kind of disorderly gas comes. so it's of the board. and he says he's also going to impose a ton of on chips as well. now he's going to also pick kind of on goods coming in from china. he says, this is going to raise money, but this is because he believes the chinese are loving illegal fentanyl to come into the us. so we're kind of in mexico. so some of this is about trade. some of this is about fentanyl. all of it is something new we'll...
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Feb 1, 2025
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harris on canada in particular is a big issue for michigan. and the canadians are the number 2 trading partner just behind mexico, with the united states, $480000000000.00 worth of goods come from canada across the border behind me. lot of it right over that bridge over there, into, into the, into the united states. and the concern of course, is that this is gonna drive of prices in the united states. and here in michigan, i've been speaking to car manufacturers in particular because they get a lot of their parts from canada and the cost of 25 percent is very hard for them to absorb. they can't source that material here in the united states. a lot of the goods that they use in their cars come not only over once, but then they go back for more work, they come back and forth. so the possibility of a trade war, given that justin to go, the prime minister of canada has promised to tell you stories, harris and the impact is, is going to have on the price of vehicles. they say it could be significant. and of course, it's not just cars, it's lumber,
harris on canada in particular is a big issue for michigan. and the canadians are the number 2 trading partner just behind mexico, with the united states, $480000000000.00 worth of goods come from canada across the border behind me. lot of it right over that bridge over there, into, into the, into the united states. and the concern of course, is that this is gonna drive of prices in the united states. and here in michigan, i've been speaking to car manufacturers in particular because they get a...
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and manufacturers rely heavily on canada for components. a group representing state automakers is warning consumers to brace for higher prices. and it's, it's, it's in margin business, very capital intensive, long lead times. the manufacturer, the suppliers cannot absorb this. and really the vehicle manufacturers can't either because there are eventually are going to show up in the, in the show rooms and the consumer is going to feel that and it's not just cars. crude oil, in timber, or among the other major canadian imports. $480000000000.00 worth of goods across the border from canada into the united states every year. much of a tract right across the basset or bridge behind me here from the city of windsor ontario to detroit. but that isn't a one way street used to though, also encourage canadian consumers to for go. american products now is also the time to choose canada. there are many ways for you to do your part. president trump said companies wanting to avoid those costs should move to the united states, a bid to bolster american ma
and manufacturers rely heavily on canada for components. a group representing state automakers is warning consumers to brace for higher prices. and it's, it's, it's in margin business, very capital intensive, long lead times. the manufacturer, the suppliers cannot absorb this. and really the vehicle manufacturers can't either because there are eventually are going to show up in the, in the show rooms and the consumer is going to feel that and it's not just cars. crude oil, in timber, or among...
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Jan 31, 2025
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s. 16 percent of goods in the us are traded between mexico, canada. the 2nd one was 14 percent. china comes in. the 3rd was 11 percent. so you're talking about impacts on 41 percent of all trade that comes in and out of the united states. and where could this go then? how controversial is that? some, some people might say this is government by executive order. well, we've seen this movie before. it is controversial, but donald trump, you know, like last time he has surrounded himself with cabinet picks, who believe in terrace. now, a lot of voters told me during the election that those were going to vote for trumpet was because everything costs too much electricity, gas insurance, groceries. so how is this going to play out? well, we don't know if it's going to be on all goods, but we do know that mexico and canada said they're going to respond. if candidates decides to put tariffs on the oil exports into the us, you could see a gas prices really skyrocket and they've made clear they're going to do what they did. the last time donald trump introduced
s. 16 percent of goods in the us are traded between mexico, canada. the 2nd one was 14 percent. china comes in. the 3rd was 11 percent. so you're talking about impacts on 41 percent of all trade that comes in and out of the united states. and where could this go then? how controversial is that? some, some people might say this is government by executive order. well, we've seen this movie before. it is controversial, but donald trump, you know, like last time he has surrounded himself with...
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Jan 31, 2025
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canada goose the high end jacket maker. most of its production is in canada.around 4% right now. chipotle. the concern about the impact of potentially higher avocado prices from mexico if this goes through. that stock down about 1%. mission produce is the leading supplier of avocados from mexico to the us. constellation brands another one they make modelo corona. those last two and the shares are down about 2%. the stocks are down about 20% for both constellation and for avocado maker mission produce in january. so some of this is already priced into the market. and we'll find out i guess tomorrow and next week. guess tomorrow and next week. what's (♪♪) the booking app i used didn't have agentforce. so an ai agent didn't know to move my reservations inside... ...or know what i like to eat, which is not that. what's up, my brother? oh, hey, bud! we really needed this rain. right? [car splashing rain water] agentforce helps restaurants prevent dining disasters. paddle on over! it's what ai was meant to be. we got you, brother. 25 in. >> vodafone italy. >> today.
canada goose the high end jacket maker. most of its production is in canada.around 4% right now. chipotle. the concern about the impact of potentially higher avocado prices from mexico if this goes through. that stock down about 1%. mission produce is the leading supplier of avocados from mexico to the us. constellation brands another one they make modelo corona. those last two and the shares are down about 2%. the stocks are down about 20% for both constellation and for avocado maker mission...