The video correctly identifies Canada’s extreme trade vulnerability, but it undermines its economic logic with sensationalist hooks and speculative filler. It is a blunt look at geopolitical leverage that prioritizes populist alarmism over nuanced analysis.
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Ep 3954a-Canada's Tariff Fight Will Destroy Their Economy,Did Trump Just Reveal What's In The Vault?
Added:Heat [music] up here.
Hi and welcome. You're listening to the X22 report. My name is David. This episode 3,954 a.m. Today's date is July 22nd, 2026.
And the title of the episode is Canada's tariff fight will destroy their economy.
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Roll over an existing IRA or 401k in minutes. Your crypto sits in offline cold storage with a regulated US custodian and Real support teams picks up the phone. Visit mydigitalmoney.com and enter promo code x22. You may qualify for up to $200 based on your investment amount. mydigitalmoney.com crypto investing simplified. Let's get right into the economic collapse financial news. Now the deep state, the corrupt politicians, the private central bank, the world economic forum. You can see that Trump now he is moving towards making the other countries fall in line with the tariff system and there are certain countries that are going to be fighting back as we can see it's Canada EU has been fighting back China they work in a different way but they still fight back but I do believe that Canada is one of the major countries that is going to continue to fight back because they are completely and utterly dependent on the United States And once we don't need Canada, Canada's economy is going to implode. So instead of making a deal with Trump, they're going to fight back with everything that they have. And what's going to happen is that their economy is going to implode over time because if they go head-to-head with Trump using tariffs, it's not going to work out too well. And Trump's 10% tariffs that he had across the board, it seems that those are expiring now. and he has done investigations, his administration has done investigations into count's practices and one of them is Brazil and Brazil is now going to be getting hit with a 25% tariff because once the investigation was complete they saw that Latin America was involved in unfair trade practices. Most of the countries are because you have to remember for socialism to work, for these economies to work across the globe, they need the American money.
They need the money flowing into their countries to keep their socialist programs operational. And Trump, he understands this. He realizes what they've been doing this entire time. And you have to remember, the deep state, the central bankers never wanted the United States to grow. So if you take their money and you keep the people working over and over and over harder and harder and harder, having one job, two jobs, three jobs, the country will never prosper. The people will burn out because again, they're treating the people of the United States like slaves. And Trump now is reversing all of this. And everything that they have done over the past, Trump now is going to be bringing back to the people. That's what this is all about.
It's about reversing what the central bank has done. reversing what they put into place and allowing the people and this country to prosper. That's what we're seeing right now. And you can see the deep state players, the central bankers, they don't want this to happen.
So, they're fighting back with everything that they have. And every time they do this, they end up losing because you have to remember the way they set it up is a one-way system. The money flows out of the United States and benefits those countries. And what do those countries actually give us? Pretty much nothing. We don't need them to assemble things. We don't need their lumber. We don't need their dairy.
Everything could be done here. But again, if you install regulations if you make it very difficult for companies, farms and everyone else to actually operate in this country. Yes. Then we need it from other countries. And this is exactly what they have done. So what is Trump doing? He's just reversing it.
Saying okay, you know, we can manufacture the cars here. We can actually farm. We can actually raise cattle. We can actually do all the things that all these countries are doing. We don't need these countries. It makes no sense whatsoever.
And this is what the central bank has done because remember their plan was to bring this country into a third world status and eventually destroy it. Trump now is not allowing this happen. And he is now transitioning everything back to this country. And you could see Canada's having a very difficult time. Remember Doug Ford of Ontario. He's suggesting that Canada should go head-to-head with President Trump, tariff for tariff, which we mentioned yesterday. This is not going to work out at all in the end.
They do not have the upper hand. And you could see in Canada, we have one of the officials there saying that US alcohol is never going to come back to Canada.
It will never be on the shelves.
Awakened outlaw explains and says watching the Canadians committing financial sabuku is something to behold.
The fact is that upwards of 76% of Canada's exports go to the US while the other way around it's 10% of ours that go to Canada. This 100% means that they're far more reliant on the markets than vice versa. And we're still getting the short end of the stick. The fact is that they've long enjoyed easy access to the US markets while imposing stiff tariffs or limits on things like US dairy, farm products, alcohol, and banking. The latter is important as Canada is heavily reliant on US banks, and many of their banks operate in the US. At the same time, Canada greatly restricts US banks from offering services and from doing business there.
This is what makes the relationship imbalance and abusive. in as much as they've been taking advantage of the imbalance to the tune of at least $80 billion per year. And that's why Trump asserts that we're subsidizing their country. I'm sorry to break it to people who are slow on the uptake. That's a big number and why Trump has sought to negotiate a fair deal. Fair as in it's mutually beneficial, not overly favoring one size side as it is now. Oh, and let's not forget they're essentially reliant on our military investment here to keep them safe, something they pay nothing for. And that's important as it allows them not to spend their own money on their own defense. This relationship, as it stands, is insulting. They're taking advantage of the United States.
And as much as they are throwing a tantrum now, pretending that they're in the right, I have zero doubt they'll eventually capitulate. The only question is how much pain is the current Canadian government going to insist on their citizens enduring in the interim? Well, they're going to hold out quite a bit because again, the central bankers are instructing him. Carney is a central banker. He's taking orders from the central banker heads above him. And again, if Canada capitulates, Europe capitulates, and all the other countries capitulate, their system that they established completely and utterly falls apart. And you have to remember, and Peter Sang, PhD put this out, nearly half of Canadian manufacturers are moving production to America.
Threearters are moving in the next two years.
So when you look at it, 40% of Canadian manufacturers are moving to the US.
Why are they doing this? Because they're realizing there's no reason to stay in Canada if there are tariffs. If the US is removing the regulations. So if they're going to sell their products, why not just move right into the United States and remove all the burdens?
That's exactly what they're doing. And you're going to see more of these companies do it because they have no choice. And think about it, we also get our generic drugs across the pond, across the world, and they've been shipping them into this country without tariffs, without penalties, without anything, making it very difficult for drug manufacturers, generic drug manufacturers, to produce it here in this country. Now, did you know a new survey found that one in three Americans feel most self-conscious about their body at the beach? More than anywhere else, summer is here. The trips, the pool days, the photos are already happening. And if you've been eating better, cutting back, generally trying, but cravings keep taking over no matter what, that's not you being weak. Your hunger hormones are working against you.
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Every order comes with free VIP coaching for life, a 60-day satisfaction guarantee, and free express shipping with subscriptions. Once again, that is trimwithx22.com or just click the link in the description. Now, the drug manufacturers, they had to set up shop outside of this country. What is Trump doing? He's now forcing them back to this country. And this is what he put out. Effective August 1st, 2026, all generic drugs being brought into the United States will continue to have a z a tariff of 0% for a 2-year period of time, after which the tariff will be raised to 100% for a one-year period of time and 200% thereafter. This is done in order to reshore generic pharmaceutical production into America with a penalty those to those companies that decide not to build plant and equipment within the stated period of time given to them. The objective of this policy is to protect the people of the United States. The policy on patented branded and innovated drugs which has been so successful remain as is. Pharmaceutical facilities are being built at a level never seen before all over the United States of America. Thank you for your attention to this matter.
President DJT and he's giving them the time, make the decision, start building.
You have this period of time to build all the plants that you need. And Trump, yes, is giving them tax incentives, removing the regulations, making it very easy for all the companies to come back to this country. Plus, you don't want to be dependent on other countries for your drugs because once again, you don't know what's going into those drugs. You don't know what's going on in the other countries. And I do believe if we're going to assist the people of this country, we need the drugs manufactured here. Actually, we can bring all the manufacturing back to this country. And that's why Trump is out in Iran because again, if you're going to produce, you need cheap energy and you need it to compete with all the other countries.
Remember the when you really look at this and you step back over a very long period of time, what did the deep state, the central bankers do? They made us so we were not competitive.
Other countries got really cheap oil, cheap energy. Other countries had really cheap labor, pennies on the dollar. I mean, they were paying their workers absolutely nothing. They didn't implement any type of tariffs for those products to come back to United States.
Actually, China had a loophole. I think anything under $800, there were no penalties whatsoever. So, how in the world could anyone compete with the other countries, especially with the Federal Reserve in place? Because with the Federal Reserve in place, what happens when you continually put more and more currency into circulation? It devalues the currency, which means you need a lot more of those pieces of papers or blips on the computer to pay for that same item. So, if you kept the manufacturers in this country, people start to realize, wait a minute, why are these things so expensive?
Why are the prices going up dramatically?
People would see that as clear as day.
But if you move everything out of this country, the deep state players could do what? They could borrow and borrow and borrow without people realizing how bad it really is in this country because again, you have products coming in from overseas and you have cheap labor, cheap energy. So, as they devalue the currency in this country, you didn't really notice it. Now those farmers and other businesses that are in this country that they couldn't sh you know ship overseas, how did they make it so you didn't realize that products were going up? Now of course products are going to go up which really means the currency is devaluing and you have to pay more for that same product. They bring in cheaper and cheaper labor. That's what they do.
And the manufacturers, they had to find cheaper ways of shipping. This is where you get styrofoam. This is where you get cardboard. This is where you get lighter and lighter products. Remember, we used to ship in, you know, with using pallets, wood boxes, glass, but we had to go to plastics. We had to go to all these things. So when you when you look at the world and people say, "Oh, we have so much plastic." Think about why that is happening.
And once again, this is how they did in this country. They brought in the illegals. They paid them very, very low wages, which means the wages went down for Americans. And Americans couldn't compete with those people coming in from other countries because they're third world people. And it made it impossible.
Trump now is reversing all this. And yes, as we go through this transition, you're going to see fluctuations and certain problems in the job market because we are now waiting for the businesses, the manufacturers to be built. So yes, are you going to see a lag? Absolutely. Is it going to seem like Trump is making the economy worse?
Absolutely. But when this starts to kick in, he's going to have the deep state players and everyone else exactly where he wants them. Actually, once people see this and as we move to the presidential race in 2028, the economy is going to be booming like we've never seen before.
Most of the country, I say the majority of the country is going to be employed.
So, no matter what the D's try to do during the presidential race, it's not going to work. Plus, during this period of time, once we win the House and the Senate, I do believe Trump is going to be making a lot of moves against the central bank system, talking about restructuring, talking about going back to the Constitution, talking about going back to the gold standard because once he has the lawmakers on his side, he has the power. And if you look at the people that he's endorsing, well, the people that he's endorsing, they are winning every step of the way. And these are the people that are going to work with Trump to get things done. And I do believe in the end what we're going to see is we're going to see the entire country start to turn around. Yes, energy prices are going to drop like a rock. I do believe when all said and done out in a rain, I don't even think it's going to take that long to complete the operation. And I do believe once that has been done, you're going to see oil prices start to drop.
Now, are they going to drop by $2 a gallon right off the bat? No, right off the bat, they might come down 50, 60, 70, 80 cents. Yes. And as we move forward and everything is decentralized, and all of a sudden the sanctions are removed from Russia. More oil is hitting the market. OPEC says we can't compete like this. All of a sudden, they start to produce more oil, lower the prices, and they still can't compete with this.
So, they're going to say, you know something, let's disband OPEC right now.
And once that occurs, you're going to see oil really start to come down. I I I wouldn't be surprised if oil goes below $50 or even $40 a barrel, which means oil gas is going to be very very cheap and Trump is setting this all up so we can manufacture and be very very competitive across the globe. Actually, we're going to actually destroy the European nations when it comes to manufacturing. It's going to be absolutely incredible. Now, the other thing that's really interesting is Trump put up on Truth a picture of a vault door and the vault door opens and yes, it presents his Liberty coin, his gold Liberty coin, but behind all of that, you see bars and bars of gold. So, again, is Trump now letting us know what is in the vault and it is gold? I do believe he is. And I do believe once Trump makes the announcement that we're going to be auditing Fort Knox and we find that we do have gold, I do believe you're going to see the entire world start to change. Now, does that mean gold is going to skyrocket and everything's going to be looking great for gold? No. I think what's going to happen is gold will probably stay even and then as time goes on, as Trump builds the narrative, well, since we have all the gold, it's valued at $42 an ounce, let's start revaluing it. Now, once he makes that announcement, I do believe that's when we're going to see the gold price start to move up. I don't mean it's going to skyrocket and go straight up, but I do believe people are going to start to recognize that he's revaluing the gold from $42 an ounce to whatever it is. Maybe it's $4,000, 5,000, 6,000, 7,000, maybe it's even higher than that, which I do believe it probably will. And once that occurs, I do believe we're going to have a period of time where gold really starts to move up. And then when he says, "Okay, now since we have the gold, we revalued the gold and we're removing the income tax from the people and we are now on the tariff system, I do believe he's going to be making the case that we move back to the constitution." And yes, I think gold is going to then jump once again.
So as we move forward, you could see that Trump and team, they're now setting all of this up and preparing the country for what is to come. But again, he can't do this unless we have the House and Senate, which I do believe we are going to win. And once he gets the lawmakers on his side, then he can go directly at the Federal Reserve. Remember, the House and Senate with the rhinos and the D's, they were the protection of the Federal Reserve system. Once that protection is gone and Trump has the Patriots in place, this is when we go after the Federal Reserve. And I do believe the next two years, I do believe you're going to see things that you never thought would ever happen. And everything is about to change. And once he restructures the Federal Reserve into the Treasury, that's when the golden age is really going to start to begin. I mean, you're going to see the economy grow. You're going to see energy decrease like you've never seen before.
You're going to see jobs a plentiful across the country. And you're going to see the infrastructure being built all over the place. And I'm not just talking about roads and bridges. I'm talking about airports, trains, you're going to see the electrical grid and everything else. Everything is going to be brought up to a place where it should have been in the first place because again these the central bankers they've been keeping us down. So we're going to be a a technological advanced society compared to the rest of the world. This is what the deep state, the central bankers have been holding back for a very long time. Because think about the United States, how it's different from every other country. The United States has freedoms like no other country. We have an economy like no other country. We have resources like no other country. And they never wanted the country to thrive. So what do you do to stop the country from thriving? You install a central bank system. And that's exactly what they did. As soon as they did that and we came off the gold standard, it seems like the economy, the infrastructure, everything came to a screeching halt. Yeah, we have iPhones, we have computers, but think about what else they held back in this country.
The infrastructure, roads, high-speed trains, planes that are going to go far beyond what we have today. rockets that are going to go far beyond what we have today because once again all this money has been laundered away from everything the Americans actually wanted and it was funneled into their criminal syndicate.
Once you remove the central bank system, once you remove everything they had in place and you use the money for the people of this country and the infrastructure of this country and you have manufacturing and you have research and development, well, this takes us to the next level. And this is what they've been trying to hold back since the beginning and now they won't be able to do it. It's all coming to an end. This is why Trump says we're going to be entering the golden age. Listen everyone, thanks a lot for listening. Be well. Be safe and especially be prepared. Thanks a lot.
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