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Date: 2025-08-24 Page is: DBtxt003.php txt00027939
TRUMP
TAKING ON CANADA

Luke Beasley: SHOCK: Watch Trump CATASTROPHICALLY BOOED as Economy BOMBARDED!


Original article: https://www.youtube.com/watch?v=tJlDjvH99E8
Peter Burgess COMMENTARY



Peter Burgess
SHOCK: Watch Trump CATASTROPHICALLY BOOED as Economy BOMBARDED!

Luke Beasley

1.1M subscribers

Feb 2, 2025

Luke Beasley discusses Canada's response to Trump's tariff plan.

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Transcript
  • 0:00
  • the trade War has officially begun many
  • so many told us nah he's not actually
  • going to do it this is just a
  • negotiating tactic but indeed Trump has
  • officially signed the tariffs into place
  • and that means disaster for our economy
  • put simply in this segment we'll go
  • through the specifics of the Canadian
  • reaction not just the reactions we've
  • seen before but actually economically
  • what they're going to do we'll look at
  • the Mexican president's initial reaction
  • but first I want to show you something
  • that's honestly sad so of course we've
  • had a very long-standing positive
  • relationship with Canada
  • and what you're going to see here is
  • while the national anthem is played at a
  • hockey game in Canada while normally
  • there's the utmost respect for the
  • national anthem the crowd booze it's
  • less The Anthem but Donald Trump and

  • 1:00
  • this I think is a quick representation
  • of the of the heightened and unnecessary
  • tensions between our two countries now
  • and then also our tension with Mexico
  • and I do have new economic data on what
  • this could mean in your life as we go
  • through the segment if you appreciate
  • these updates and you appreciate this
  • show I would appreciate you clicking the
  • Subscribe button if you haven't yet
  • something you would never think to see
  • never expect I should say to see at a
  • Canadian hockey game especially given
  • that at past
  • games the national anthem was actually
  • sung by
  • Canadians and The Rock

  • 2:03
  • and what you're going to see here is the
  • mic cuts out and the crowd assists
  • so because Trump misunderstands a highly
  • advantageous relationship economically
  • that we have with
  • Canada the intertwinement of our
  • economies that has led to a really good
  • situation for both of us he's now
  • antagonizing them such that they're
  • doing something I never want to hear
  • which is people booing the US national
  • anthem but again really it's them booing
  • Donald Trump that's that's what's going

  • 3:00
  • on President Shin bomb also responded
  • you can see here on X she posted but
  • it's in Spanish so let me jump over to a
  • translation we categorically reject the
  • White House's slander against the
  • Mexican Government of having alliances
  • with criminal organizations as well as
  • any intention of intervention in our
  • territory and uh then you jump forward I
  • instruct the Secretary of economy to
  • implement Plan B that we have been
  • working on which includes tariff and
  • non-tariff measures in defense of
  • Mexico's interests Nothing by force
  • everything by reason and right one thing
  • she said was problems are not solved by
  • imposing tariffs but by talking and
  • dialoguing as we did in recent weeks
  • with your state department to address
  • the phenomenon of migration in our case
  • with respect for human rights the graph
  • that President Trump has been posting on
  • social media about the decline migration
  • was created by my team which has been in
  • constant communication with his so on
  • one end you have Canadians going from
  • singing our national anthem when the mic

  • 4:01
  • cuts out to booing it and on the other
  • or that's to our North and then to our
  • South we have a relationship with Mexico
  • that is really important that we have
  • good diplomacy with because we need to
  • address problems that they can help us
  • with as it pertains to migration
  • something Trump says this is about but
  • actually he's antagonizing them and
  • pushing them away from the negotiating
  • table not to mention the economic impact
  • of for all three countries this and I've
  • seen some magas say things to the effect
  • of Mexico and Canada think they can win
  • a trade war against us haha no and
  • they'll compare gdps for example yeah of
  • course we could do more
  • damage to any other country technically
  • than they could to us that doesn't mean
  • in the meantime that they wouldn't be
  • able to do a ton of damage to us and

  • 5:01
  • doing damage to our allies countries and
  • economies for damages sake doesn't make
  • any sense what what is the oh but
  • Trump's showing how strong is yeah every
  • president could have done this he's not
  • uniquely strong they just realized it
  • would only cause an economic disaster
  • that we're yet to see I'm afraid of
  • what's going to happen when Stock Market
  • opens on Monday and we're going to see
  • over the coming days just how
  • catastrophic this can be Trudeau now
  • speaking on
  • this
  • tonight I am announcing Canada will be
  • responding to the US trade action with
  • 25% tariffs against
  • a155 billion worth of American
  • Goods this will include immediate
  • tariffs on $30 billion worth of goods as
  • of Tuesday follow followed by further

  • 6:00
  • tariffs on
  • $125 billion worth of American Products
  • in 21 days time to allow Canadian
  • companies and Supply chains to seek to
  • find
  • Alternatives
  • s all of this for what what is it
  • getting us BC Premier David EBY saying
  • for our first of many steps effective
  • today I have directed BC liquor sales to
  • immediately stop buying American liquor
  • from Red States liquor store employees
  • will be removing the most popular of
  • these brands from government store
  • shelves all right and as we continue
  • through some of these updates We Touch
  • back in with Trudeau beyond that it will
  • have real consequences for you the
  • American
  • people as I have consistently said
  • tariffs against

  • 7:00
  • 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 they will impede your
  • access to an affordable supply of vital
  • Goods crucial for US security such as
  • nickel podach uranium Steel and
  • aluminum they will violate the free
  • trade agreement that the president and I
  • along with our Mexican partner
  • negotiated and signed a few years
  • ago but it doesn't have to be this way
  • yeah the US MCA that Trump has touted as
  • an amazing
  • deal
  • actually is being violated by him right
  • now Doug Forge saying every year LCBO

  • 8:01
  • sells nearly $1 billion worth of
  • American wine beer spirits and selers
  • not anymore starting Tuesday we're
  • moving American products from LCBO
  • shelves as the only wholesaler of
  • alcohol in the province LCBO will also
  • remove American products from its
  • catalog so other Ontario based
  • restaurants and re uh retailers can't
  • order or restock us products there's
  • never been a better time to choose an
  • amazing onterio made or Canadian made
  • product as always please drink
  • responsibly
  • and then uh let's see what else M touch
  • reporting that Canadians are apparently
  • calling Arena demanding they take down
  • the American
  • flag
  • H meanwhile Trump posting we pay
  • hundreds of billions of dollars to
  • subsidize Canada why there's no reason
  • we don't need anything they have we have
  • unlimited energy should make our own
  • cars and have more lumber than we can
  • ever use without this massive subsidy
  • Canada ceases to exist as a viable

  • 9:01
  • country harsh but true therefore Canada
  • should become our cherished 51st state
  • much lower taxes and far better military
  • protection for the people of Canada and
  • no terrist this seems to be if we had to
  • get in the mind of
  • trump this seems to be maybe the only
  • outcome he's looking for them being the
  • 54th state which this not a reasonable
  • Prospect is not happening and they've
  • made that very clear
  • obviously but trying to tank their
  • economy and in the process tanking ours
  • because we're in a trade war with our
  • three biggest trading partners which
  • with all of the might of the United
  • States still is going to hurt a
  • lot is not the path to making them the
  • 50 state because there is no
  • path and he's
  • incorrect he's incorrect we we've
  • benefited a lot from certain industries

  • 10:01
  • that we just don't have as robust of a
  • supply chain
  • on in countries where they have
  • specialized in a particular industry a
  • particular product while sometimes we do
  • for whatever reason want to implement
  • certain targeted economic approaches
  • like tariffs to bring certain Supply
  • chains
  • back because there's there's gaps or
  • there's industries that need that
  • support that's different than we don't
  • think we should import anything which is
  • kind of what he's proposing with such a
  • economic
  • approach and just the fundamental fact
  • is we don't even have the workforce to
  • produce all of the things that are
  • purchased by the
  • country and number
  • two if we did everything would be so
  • exorbitantly more expensive
  • because we wouldn't get to take

  • 11:01
  • advantage of the
  • specialized efficiency in certain
  • countries and Industry just like how we
  • have certain industries in our country
  • that are more robust and thus get
  • purchased from and then he talks about
  • energy he's all about energy costs
  • coming down I can tell you going
  • after the country that's our number one
  • oil importer is
  • Canada so we're importing more than any
  • from any other country
  • the most amount of oil from
  • Canada and then Mexico overall is our
  • number one trading
  • partner they could do a lot of economic
  • damage and why we oh if we if we were
  • trying to stop uh I don't know a
  • humanitarian violation or if we were in
  • a clash that was leading to war
  • or or I'm trying to imagine other scenar
  • scarios and we and we have to undergo

  • 12:01
  • the economic pain to punish these other
  • countries okay but that's not the
  • dynamic between Canada and Mexico and
  • us and if it really is I want to make
  • Canada a state then we are all about to
  • suffer a lot economically for his
  • delusional
  • goal and again every time he talks about
  • subsidizing other countries he's just
  • talking about trade deficits and
  • whenever you are a much wealthier
  • country it stands the reason that you'll
  • have more money to buy more stuff bring
  • more stuff in than the other less
  • wealthy countries have to bring stuff
  • into their
  • country Trump posted the Tariff Lobby
  • headed by the globalists and always
  • wrong Wall Street Journal is working
  • hard to justify countries like Canada
  • Mexico China and too many others to name
  • continue the decades long ripoff of
  • America both with regard to trade crime
  • and poisonous drugs that are allowed to
  • so freely flow into America those Days
  • Are Over the USA has major deficits with

  • 13:03
  • Canada Mexico and China owes 36 trillion
  • dollar of course Trump added more to the
  • debt than anyone and we're not going to
  • be this stupid country any longer and we
  • are going to see an exacerbated debt we
  • are going to see a weakening of our
  • economic strength because of the actions
  • he's he's taking a little bit of
  • economic research the tax Foundation
  • saying that president Trump's tariffs
  • would shrink economic
  • output by 0 4% and this is initial
  • estimates based off of Just Trump's
  • proposal but then Trump is saying he's
  • going to scale up his tariffs if other
  • countries respond which they're
  • responding so the ceiling can go up and
  • up and up increase taxes by $1.2
  • trillion between 2025 and 2034 on a
  • conventional basis amounting to an
  • average tax increase of more than $830
  • per us household so if that's our
  • starting point and then we see response

  • 14:01
  • response
  • response we're looking at something
  • catastrophic so much so that hedge funds
  • are making unprecedented multi-billion
  • dollar bets against the US Stock Market
  • signaling expectations of a devastating
  • crash that could wreak havoc on
  • retirement savings Across America Trump
  • is causing people to literally bet
  • against
  • America economics
  • so the guy who got elected to bring cost
  • down is spiking prices saying that
  • Americans will understand because it's
  • due time that we
  • punish Canada for being so nice to
  • us this is scary it's crisis I'll be
  • with you every step of the way share
  • your thoughts in the comments


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