The video provides a sharp analysis of asymmetric trade strategy, correctly identifying that Canada’s leverage lies in resource exports rather than self-defeating reciprocal tariffs. It is a pragmatic assessment of how a middle power can effectively counter protectionism through targeted economic pressure.
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BREAKING: Doug Ford Unveils NUCLEAR OPTION RETALIATION vs USA
Added:Hello everybody, welcome back. I hope your day's starting off just great. I have a question for you. Should Canada retaliate against the United States as they just imposed 50% tariffs on the import of some Canadian goods? Should we retaliate by imposing an export tax on a few of the products that the United States definitely needs from us, oil, gas, and potash. Should we? Reported here in The Guardian, "There's no way they can survive." The president says, "Defends new 50% tariffs on most Canadian goods." After announcing the US 50% tariffs on Canadian imports, the US president said, "They can't possibly survive." Well, the president is a very stupid man and he doesn't understand Canadians very well. I feel sorry for Americans.
If you can't be friends with Canada, then you almost certainly do not have a friend anywhere in the world.
And that is a very lonely place to be.
That was David Eby, the premier of British Columbia, reacting to the 50% tariffs. And his reaction makes us feel good, but let's get back to the question I asked you at the beginning of the video. And I'm going to take you through the response that Danielle Smith, the premier of Alberta, and Doug Ford, the premier of Ontario, had to these 50% tariffs. And there's a stark contrast.
And there could be a fight brewing. Now, Danielle Smith gave a very low-key response. She chose to do it in writing in a post on X. The Canada-US relationship has been built over decades and it's delivered enormous benefits for both countries. The new tariffs announced today will hurt both Canadian and American businesses and workers.
Tariffs are an economically destructive policy and have been proven time and again to hurt the people and the countries that impose them. I will be meeting with the premiers from across Canada and the prime minister later this week to discuss this issue and will reaffirm my position that the path to a positive resolution with our US partners lies in strong, consistent diplomacy, and a commitment to working to address shared priorities. I firmly believe that Canada and the United States are both stronger when we work together. Now, that was a fairly vanilla response. It could have been made by one of her aids.
Doug Ford took a completely different tact.
>> We have to go full tilt. We are an energy powerhouse. We have to utilize every tool we have in the toolbox.
And make sure he feels the pain.
>> Doug Ford is ready to fight it, and in front of reporters, he made the point of saying, "We need to use every tool in our toolbox, and we are an energy superpower." Now, he did not name Alberta and Saskatchewan or oil and gas.
He was careful not to say that, but he was pressed by reporters. Well, what exactly do you mean?
>> Again, we we have to negotiate through strength, not weakness. And we need to throw everything on the table. But, I want to emphasize one more one more time. It can't always be Ontario. It has to be a team Canada approach. And that's my message to my great friends, my premier friends, that we have to be united. As I always say, united we stand, divided we fall.
>> Who's not carrying their weight? What do you >> Okay, I I just >> He gets a little closer to saying it, but he doesn't quite say it yet. He says, "We have to put everything on the table, and it can't always be Ontario.
It has to be a team Canada approach."
But, he doesn't say it yet, and the reporters push him a little bit more and say, "Who's not carrying their weight?"
>> Who's not carrying their weight? It just seems like Ontario's always out there, no matter if it's electricity or if it's alcohol or anything else. In manufacturing, Ontario's getting hurt the most in these tariffs. Right across the No, it's not because of the alcohol ban.
This is a broader issue of tariffs right across the board. You know, he he wants to continue threatening, and it means nothing but a bully. That's all he is.
And you have to stand up to the bullies in the schoolyard or they end up taking your lunch money. And we are going to continue we are going to continue fighting like we've never fought before.
>> He's getting emotional in his responses.
And he's making the point that the tariffs are hitting Ontario particularly hard. And it can't just be Ontario that's fighting back. But then reporters push him even more and they ask him, well, how much is this going to cost these new 50% tariffs? And he realizes that it's going to cost Ontario the most. And he finally says it. He finally points the finger at Alberta and Saskatchewan and says that we should use uh oil and gas and potash as a weapon.
And listen to how he finishes this. His voice starts cracking. And he's he just manages to finish his last statement and then just walks off.
>> What I understand, it's 28 billion across the country. Majority is going to be here in Ontario. That's why we can't roll over. We have to hit back. We have to rather than be on our back heel, as I said, we have to go forward, take the offense. We are an energy powerhouse.
And we could dismantle the US if we wanted to, if we all work together. No matter if it's the electricity, and I'm not speaking for the other provinces, I'm going to be very clear. The potash, the oil, we're their number one customer in the world. They need to feel the pain rather than us constantly feeling the pain. But thank you everyone. We'll never stop fighting for Canada. Thank you.
>> Thank you. Thank you so much, guys.
Thanks.
>> And I believe that he could barely hold it together there and then he just finally said, "Thanks." and he walked off. But he finally said it. He finally said it. That we could crush the United States if we were willing to fight back with our Trump killing cards.
And those cards are oil, gas, and potash. I'm going to explain how we can use those. And then I'll bring you back to uh the question that I asked you at the beginning of the video. Should we do this? The difference between uh a tariff and an export tax is this.
The Americans are imposing tariffs on the imports of Canadian products. What that means is that US consumers and US companies will be subject to a a tax when they buy those things from Canada.
They will have to pay a tax to the US government. So, in effect, these these uh tariffs are hurting US consumers and corporations. A 50% tariff is a huge tax.
If uh those American consumers and corporations still want to buy those Canadian products that have a 50% tax on them, they'll have to pay that tax.
It'll hurt them. But, what usually happens when the tariffs get that high is those consumers and corporations in the US will just say, "Well, that's too expensive. I'm not going to buy those anymore." Especially if they have a choice of buying something else elsewhere, a a replacement product. And the United States has been very careful to target uh products in Canada that they can buy elsewhere with these 50% tariffs, and products in Canada that they want to target the industries to crush those industries because they want those industries to leave Canada and go to the United States. And those industries are the automobile industry, which is Ontario's biggest industry, and then the steel and aluminum industries.
The United States wants those industries to relocate into the United States, or at least to supply their own aluminum and steel, and they want to manufacture all the cars. They don't want us to have those industries. So, that's what these tariffs are designed to crush, and they're designed to have uh American consumers and businesses not buy things that they have a choice on.
So, they're attacking us with the tariffs.
They are hurting their own citizens and corporations with higher costs, but their plan is to crush specific industries in our country. Now, we can fight back in different ways. We could say, "Well, we will apply tariffs on your products as well in retaliation."
Let's say, what is a product that Canada imports from the United States? A lot is fruits and vegetables. We could say, "Well, we'll put a 50% tariff on American fruits and vegetables."
And you might say, "Yeah, let's do that.
That's a retaliation." But, who's going to pay that 50% import tax? It's going to be you and me and anyone that wants to eat fruits and vegetables, especially in the winter. And it is a fact, it's a it's a brutal fact that Canada relies on imports of food, fruits and vegetables mainly from the United States because they're close to us. We get them from Florida and and California. Now, now me, I I will just not eat any fruits and vegetables from the United States. In the winter, when I couldn't get carrots that were from anywhere but the US, I just stopped eating carrots and I switched to rutabagas. And now I love rutabagas, but not everyone's like me and the the brutal fact is that we do need some things from the United States. So, simply applying tariffs in retaliation um hurts our citizens. The people that actually have to buy the stuff, that don't have a choice, uh are hurt by that. Canadians are hurt by that. So, there's another option and that's the export tax. And the way that works is to target the United States specifically on things that they can't do without, things that they absolutely need. Despite what the president says, that that would crush their economy if we made it more expensive. And those things are oil, gas, and fertilizer because the United States imports 4 million barrels a a of oil from Canada. They have to. They need that oil. The They rely Their economy, their industrial complex relies on a cons- constant flow of cheap uh energy.
You could see how much uh gas prices and how much of a hit their economy took with this Iran conflict because uh price of oil uh jumped up.
They rely on 4 million barrels a day of oil from uh Canada and quite a bit of natural gas as well. And what we could do is say to the Americans, "Oh, you really need our oil and gas? You have to buy it? Well, I'll tell you what, we're going to put a tax on it." So, now, if you're buying our oil for, say, $60 a barrel or whatever the price is, uh the Canadian government will impose an export tax of an additional 10% an additional $6 a barrel that you will have to pay to the Canadian federal government when you buy oil from Canada.
Now, Alberta will be 100% against this, but it is a way of fighting back, targeting them, and raising money with that tax that the Americans would have to pay, not us.
They'll have to pay the whatever the price it is of oil or gas or potash plus an export tax that they'll have to pay to the federal government. American importers will have to pay this. Now, I just use an example of 10% $6 a barrel, but we could apply a tax of $10, $20, $30, $40, $60 a barrel. Imagine what that would do. Did you understand? So, that is a uh a more targeted direct attack on things they need. And you would specifically apply the export tax on something that the United States can't do without. Oil, gas, potash, and electricity. It will be an immediate devastating blow to their economy. It will be like a knockout punch in the schoolyard against the bully. He will fall down and not know what hit him.
Now, the problem is he'll get back up, and we won't know what will happen after we do that. It will escalate the situation extremely. So, that is the nuclear option. I feel for Doug Ford. He understands that this latest escalation, these 50% tariffs, are going to disproportionately really hurt Ontario.
His province is completely under attack.
Our second biggest industry in Canada is the automobile industry, and the United States wants to destroy that industry.
And I don't think he'll stop. Whether we sit down and negotiate or make any kind of a new Kuzma deal, uh there is no scenario where the United States will lower the tariffs on automobiles, I believe. I think they've made the decision that they want to destroy that industry. And I I think Doug Ford knows this, and he was holding back, holding back in front of the cameras as much as he could, until finally he came out and said and basically came this close to just finally saying, "Danielle Smith, Scott Moe, get off your ass and start being on Team Canada. You're the only two provinces that allow the sale of American booze still. You've broken ranks with the rest of Team Canada, and your provinces have some of the most important exports that the United States can't live without, oil, gas, and potash. And it's not a coincidence that the United States has not put tariffs on those products. And it's not because the president likes Scott Moe or had his picture taken with Danielle Smith in Mar-a-Lago. That's not the reason. The reason that they haven't imposed tariffs on Canadian oil, gas, and potash imports is because they need those things. And they know that if they put tariffs on those things, they will have to keep buying them. They require those things, and they will just be hurting themselves. They'll be making it just more expensive for their nation without any gain. The stuff that they actually 100% need, they have not tariffed. And those are the sectors we can use to fight back. So, that's the question for you. Should we fight back or should we just wait? Should we wait till the midterms?
Uh there's a potential that the this administration gets wiped out in the midterms. Should we kick the can down the road and just grin and bear this even if we get hit with these 50% tariffs and wait till November? That's only uh August, September, October.
That's 3 months.
Should we wait and see what happens and then launch our retaliation if we have to? Should we retaliate right away?
Leave your comments in the comment section. I'm interested in your point of view. Subscribe to my channel if you're enjoying the content. Have a fantastic rest of your day, all my fellow Canadians, and in particular all of you from Ontario. I can hear the strain in the voice of Premier Doug Ford as he was answering those questions. Uh it's obvious that he understands how huge of an issue this is.
And I I have to say that uh I give him credit for being very, very passionate about your province. So, uh thanks for watching. Have a fantastic rest of your day and I'll catch you all on the next one.
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