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TRUMP INITIATIVES CATASTROPHIC PPR GLOBAL: Biggest Surprise of the Day: Canada Sternly Warns US with %100 Tariffs & Cut Exports Joint with EU PLAY YOUTUBE VIDEO Original article: https://www.youtube.com/watch?v=ikj2M1ddVfg Peter Burgess COMMENTARY Donald Trump has spent the two weeks since his inauguration doing everything he knows how to creat chaos and disruption in established world order of global trade. Trump and his supporters seem to think that this can be 'a winning strategy', but I beg to differ. The Trump strategy will get 'headlines' which Trump will probably count as a 'win', but the damage to the global system of trade will be huge. The damage can come very fast, but repairing the damage will be a much longer process, and in many situations the damage will be permanent. I was visiting the Trump casino in Atlantic City in the 1990s when Trump came by with his management entourage. His management style was totally obnoxious and when the casio went into bankruptcy, Trump walked away pretty much financially intact, but hundreds if not thousands of small contractors were 'stiffed' by Trump and went bankrupt! Trump is doing this again. Everythng he touches is bad for ordinary people, but Trump gets a financial win most all the time. Trump belongs in jail ... for ever! Society has to find a way to sanction his supporters in a meaningful way ... and do it soon! Peter Burgess
Biggest Surprise of the Day: Canada Sternly Warns US with %100 Tariffs & Cut Exports Joint with EU PPR GLOBAL 620K subscribers Feb 2, 2025 Disclaimer: This video is based on publicly available sources and expert commentary. For the most accurate updates, always consult multiple references. Key Covered Topics Trump’s 25% Tariff Threat on Canadian Goods Explores President Donald Trump’s proposed import tax and how it could shake the nearly USD 900 billion Canada–US trade relationship. Potential Canadian Retaliation Examines how Canada could leverage energy exports, coordinate with Mexico, or pivot toward other global partners such as the European Union or Asia. Debate Over Energy Export Restrictions Delves into the risks and benefits of withholding Canada’s oil, gas, and electricity, considering national unity issues and friction among provinces. EU Membership & Trade Diversification Considers the notion of Canada joining the EU, what that entails, and why fully implementing CETA or forming strategic agreements might be more realistic. Arctic/High North Factors Looks at Canada’s role in northern geopolitics—resource competition, NATO involvement, and how this affects negotiations with the United States. Future Outlook & Strategic Leverage Evaluates how Canada’s smaller economy still wields influence, and the importance of robust diplomacy to avoid becoming overshadowed by US dominance. Timestamps & Chapter Headings 00:00 Introduction & Trump’s Tariff Announcement 01:00 Canada’s Heavy Reliance on the US Market 02:00 Possible Canadian Counter-Tactics & Energy Export Threats 05:00 The EU Option: Could Canada Actually Join? 08:30 Strengthening CETA & Other Trade Diversifications 11:30 Arctic/High North Implications for Canada–US Relations 14:00 Balancing Diplomacy & Defense: A Look at NATO 17:00 Conclusion & Future Prospects Description (With Timestamped Sections) 00:00 — Introduction & Trump’s Tariff Announcement We begin with President Donald Trump’s vow to impose a 25% tariff on Canadian imports. This abrupt policy shift could severely disrupt a vital economic partnership worth nearly USD 900 billion each year. 01:00 — Canada’s Heavy Reliance on the US Market Discover why the US is by far Canada’s largest customer—and how Canada’s overreliance amplifies the potential shock of any new import taxes. 02:00 — Possible Canadian Counter-Tactics & Energy Export Threats Could Ottawa push back with restricted or taxed energy exports—covering oil, gas, and electricity? We delve into the controversies, including disagreements among Canada’s provinces. 05:00 — The EU Option: Could Canada Actually Join? Is it even feasible, given location and treaty requirements? Hear about the legal, diplomatic, and cultural dimensions of “Canada in Europe,” plus why simpler routes, like expanded free trade or partial integration, may be more practical. 08:30 — Strengthening CETA & Other Trade Diversifications We explore how fully implementing the Canada–EU Comprehensive Economic and Trade Agreement could provide Ottawa with a powerful hedge against US protectionism. 11:30 — Arctic/High North Implications for Canada–US Relations From new shipping routes to NATO’s presence, the rapidly changing High North could reshape North American security—and complicate these tense trade talks. 14:00 — Balancing Diplomacy & Defense: A Look at NATO A closer look at Canada’s role within NATO and ongoing pressures from Washington to increase defense spending—how might that factor into any tariff standoff? 17:00 — Conclusion & Future Prospects Finally, we assess Canada’s realistic options to remain sovereign, economically secure, and diplomatically balanced. Can Ottawa walk a fine line between appeasing Trump’s demands and forging new global alliances? Join the Discussion Is taxing or restricting energy exports a valid way for Canada to retaliate—or would it risk deeper internal divides? Could deeper ties with the EU or Asia truly offset Canada’s reliance on the US? Share your thoughts below! And remember to subscribe, like, and turn on notifications for more on global trade and geopolitical developments. Transcript Introduction & Trump’s Tariff Announcement> 0:00 United States President Donald Trump has vowed to impose a sweeping 25% import tax on Canadian Goods as soon as he takes office Trump announced that he would slap major new tariffs on Mexico Canada and China we're thinking in terms of 25% on Mexico and Canada Trump used this as a negotiating tactic to force Canada to strengthen border security increase defense spending and address its Trade Surplus with the United States many analysts argue that Canada has little choice but to comply with his demands citing the country's heavy dependence on the United States Market its relatively small economy and ongoing domestic political turmoil but United States leverage may not be as absolute as it seems in today's geopolitically fragmented World Canada has counter strategies that the United States would do well to avoid so what strategies can Canada employ against the United States how will the Canada United States relationship Take Shape for answers and >br 1:01 Canada’s Heavy Reliance on the US Market more our video Begins the president will be implementing tomorrow a 25% tariffs on Mexico 25% tariffs on Canada the president does choose to implement any tariffs against Canada we're ready with a response a purposeful Force forceful but reasonable immediate response with a candidate getting close to $200 million it's they've treated us very unfairly and I I say why should we be subsidizing canidate United States President Donald Trump reiterated his threat to impose 25% tariffs on Canada and Mexico starting Saturday the White House confirmed that tariffs of 25% on Mexico and Canada and 10% on China would take effect from the February 1 the traditionally close bilateral relationship between Canada and the United States with annual trade worth nearly $900 billion is in danger of of Possible Canadian Counter-Tactics & Energy Export Threats >br 2:00 being upended after president Donald Trump threatened to impose sweeping tariffs on Canada starting this weekend but Canadian officials hope diplomacy can avert the tariffs and are also planning to retaliate the February 1 deadline that President Trump set in his statement a few weeks ago remains in Place White House Press Secretary Caroline levit said later adding these are promises made and kept by the president in response to this White House confirmation Canadian Prime Minister Justin Trudeau said that his government is preparing a strong and United response if the United States imposes tariffs on Canadian Goods following a meeting with Canada's provincial and territorial Premier prime minister Justin Trudeau said that all options are on the table Trudeau said authorities are working day and night to prevent tariffs however with Trump's tariffs starting on February 1 and Canada Running Out of Time options are on the table to soften the blow the >br 3:02 Prime Minister pledged support for Canadian businesses and workers and did not rule out imposing export taxes on Canadian energy or restricting those exports the idea amounts to a third rail especially in the lowland provinces and risks jeopardizing National Unity Alberta Premier Danielle Smith leader of Canada's oil Rich Province withheld her name from The Joint statement in which leaders sought to present a united front against Trump's tariffs in the coming days Canada is the largest energy supplier to the United States supplying Americans with about 60% of its crude oil imports and as of 2020 Canada supplied the United States with 98% of its natural gas Imports 93% of its electricity Imports and 28% of its uranium purchases government data show Trump has threatened to impose a >br 4:00 25% tariff on Canada if it fails to stem the flow of fenel and illegal immigration across the shared border Trudeau however argued that less than 1% of illegal Crossings and Fentanyl seizures occur at the Canadian border the liberal government also announced a 1.3 billion Canadian dollar spending package to improve border security still Danielle Smith the conservative premier of oil Rich Alberta favors more diplomacy this month she was the only Premier not to sign a joint statement with the federal government outlining how Canada could respond because it does not rule out restricting energy exports Ontario Premier Doug for disagrees he supports dollar for dooll tariffs pulling United States alcohol off the shelves and cutting the province's electricity exports to the United States as a last resort on the other hand Trump's economic moves are bringing Canada closer to the European Union >br 5:00 The EU Option: Could Canada Actually Join? Canada may be on the other side of the Atlantic but that may not prevent it from becoming the 28th member of the European Union some experts including former German foreign minister Sigmar Gabriel have floated the idea of Canada joining the EU they cited the eu's need for Canada's abundant minerals and other natural resources the two countries also share similar views on governance social issues and the climate crisis Foreign Affairs experts say that while an interest thought experiment Canada is unlikely to become an EU member in the face of Trump's threats Canada is much more likely to strengthen its already important economic ties with the EU can Canada join the EU Gregory tardy former legal advisor to the House of Commons and elections Canada explained that there is nothing in the Canadian Constitution that would prevent Canada from joining a union like the EU the question is whether the EU would accept Canada and where Canadians would want it >br 6:01 there are some obstacles here the first obstacle is that Canada is not explicitly in Europe the treaty on European Union clearly states that only European states can join the EU so for Canada to join this article would have to be changed Morocco for example applied to join the eu's Forerunner in 1987 but was rejected because it was not a European country Turkey is an EU candidate and has European territory despite being largely located in the Middle East Canada has none however if EU member states were serious about admitting Canada they could change the criteria adding a member State already requires the unanimity of existing member States changing this treaty provision would require the same majority according to Amy Verdon professor of political science at the University of Victoria Canada's geographical location may be the least problematic obstacle to EU membership 7:00 for Verdan EU candidacy is less about where a country is located and more about the values it shares actually joining the union is an extremely long legal process that can take decades to complete it took the United Kingdom more than a decade to become a member of the eu's predecessor after its application in 1961 turkey is still under consideration after its application in 1987 first all 27 memb states must agree to Grant Canada candidate status then comes a lengthy negotiation process in which Canadian policies in every sector from Market regulations and food standards to Regional policies and even the currency used are examined and harmonized with European law after all this all member states must unanimously agree to admit the candidate country to the EU it is not clear whether Canadians would be open to such an arrangement in the first place 8:00 Canada's EU membership would mean a very significant transfer of sovereignty to the common bodies of the European Union a sensitive issue given the overwhelming Canadian opposition to Trump's annexationist rhetoric can Canada get closer to the EU the more likely scenario is that Canada strengthens its already significant economic ties with the EU Canada produces far more natural resources than it needs this means it needs other countries to sell to it currently does more than 75% of its Strengthening CETA & Other Trade Diversifications trade with the United States but Trump's threat of 25% tariffs jeopardizes this close relationship the EU is now Canada's second largest trading partner Europe also relies heavily on Canada's natural resources it makes sense for Canada to deepen this economic relationship as it seeks to diversify its trading partners an obvious starting point would be for EU member states to ratify the Canada EU comprehensive economic Trade Agreement CA is a >br 9:01 landmark free trade agreement that has seen trade in goods between Canada and the EU increased by 65% and trade in Services by almost 73% since its signing in 2016 by 20123 these figures will reach $26.5 billion and $ 64.9 billion respectively CA entered into force provisionally in 2017 meaning that much of the agreement has already entered into Force for example 98% of customs duties on Canadian Goods entering the EU have already been removed but formally ratifying the agreement could provide security for Canadian businesses and reassurance that neither country will withdraw from the alliance there are other options Canada could join the EU as a third country like lonstein Norway or Switzerland Benjamin Zyer a professor at the University of ottawa's School of >br 10:00 International Development and Global Studies believes this would give the country access to the EU single Market without the burden of full membership even if this is the case changing trading partners is not a simple task it's not like flipping a switch you cannot simply switch from Trading predominantly with the United States Canada will need to reshape its infrastructure and economy to fit the European market Canada will need new pipelines and this is a project that will will take up to a decade there is a bright side to Trump's tariff threat Canada's overdependence on American Trade has put the country in a dangerous position but despite Decades of Canadian efforts to diversify its trading partners there has been little movement perhaps Trump's promise of economic disaster will finally spur action Canada could threaten to strengthen its economic ties with China this is a move that would undermine United States efforts to build Fortress North America Canada's strategic position as a leading >br 11:01 Global supplier of critical resources such as energy Timber and minerals makes it an important Ally for both the United States and Asian countries in their efforts to drisk their supply chains Canada and Mexico should support each other when faced with the threat of joint tariffs from president-elect Trump on the contrary Canada should seek cooperation and coordination with Mexico in possible negotiations under the United States Mexico Canada agreement Arctic/High North Implications for Canada–US Relations president-elect Trump's tariff threats serve as a reminder that Canada must pursue its long-term trade diversification strategy with a focus on Asian economies which are among the most dynamic and fast growing markets such as China Japan South Korea and asan countries despite continued strained relations with China and slowing economic growth in the world's second largest economy Canada should continue to build strong TR trade and economic >br 12:00 ties with China focusing on mutually beneficial sectors such as agriculture clean energy and Technology free trade negotiations with asan and Indonesia components of Canada's indopacific strategy could Advance at a technical level however political uncertainty and a possible spring election will postpone possible conclusion dates until much later even these modest efforts to diversify trade could be affected by changes in Trump's stance towards China the economic push to further align Mexico and Canada with United States restrictions on Chinese investment and trade would conflict with Canada's commitments to asia-pacific countries in the comprehensive and Progressive agreement for transpacific partnership and new Canadian bilateral agreements in any scenario the federal government would be wise to coordinate a response to Trump with the shin bam government in Mexico and work with the provinces to reduce Canada's economic dependence on >br 13:01 the United States maintaining regular contacts with Beijing throughout the conflict with the United States could help strengthen Canada's position meanwhile president Trump's remarks on Greenland have revitalized interest in the Arctic and other polar regions of the world the term High North is a rather IL defined term generally understood to include the Arctic and some other regions as well indeed some sources consider it synonymous only with the Arctic While others strongly disagree in this video we will Define the high North as the region roughly above the 602 North parallel while in theory the Arctic is supposed to be an area of peace and cooperation where major Arctic countries cooperate through the Arctic Council in practice it has been an area of military strategic importance for decades this is especially true in the maritime sphere during the second world war Allied Arctic convoys supplied the Soviet War >br 14:00 Balancing Diplomacy & Defense: A Look at NATO Machine while under constant threat from German ships and aircraft later when the Cold War began the situation was reversed and the region became an area of intense competition between the USSR and nato in particular this is where Modern submarine warfare developed and evolved NATO generally had three major interests in the North during the Cold War the first two were defensive first on land to protect the territorial integrity of the five NATO members in the north especially Iceland and Norway at Sea it was used to prevent the Soviet Northern Fleet from leaving what was known as the Greenland Iceland United Kingdom Gap and entering the Atlantic here they could prey on NATO convoys bringing United States military power to Europe the third was offensive it was used to penetrate Soviet strongholds of their own defense and threatened Soviet nuclear missile carrying submarines lurking inside the Northern Hemisphere was therefore the center of military >br 15:01 activity and was considered one of the key points of the Cold War at first glance NATO's strategic interests have not changed much however the context has changed significantly in many ways with Sweden and Finland joining NATO every member of the Arctic Council except Russia is a member of the alliance this offers obvious advantages but also bring some new challenges for example there is now a significantly longer land border between Russia and nato in the high North this means that it is not necessarily an overwhelming Naval theater as it was before the planet is warming and the ice is melting and large parts of the Arctic are opening up to human activity as a result this has two major geopolitical consequences first there is a greater potential for the discovery exploitation and utilization of Natural Resources but also a greater likelihood of competition over those resources especially as there are numerous border >br 16:01 disputes between various Arctic countries second as the sea ice melts the ability of ships to cross the Arctic Ocean increases both the Northwest and Northeast passages have the potential to become viable Maritime trade routes both are much shorter European and Asian routes than those through the Suez or Panama canals Asian powers are increasingly interested in the high North traditionally when defense types talked about the arc IC or the high North they actually meant the part of Europe between the Atlantic and the Russian Coast now a much broader view must be taken including the Pacific High North and the larger role of non-arctic states in the region China has primarily economic and scientific interests in the region but a stronger Chinese presence in the future cannot be ruled out the European High North is becoming increasingly militarized despite heavy losses in Ukraine Russia Remains the dominant mil power in the high North >br 17:00 Conclusion & Future Prospects Russia has twice as many military facilities in the Arctic Circle compared to Nato with the northern Fleet commanding around 25 submarines of various classes it also has significant land and Air Forces now under the jurisdiction of the new Leningrad military District which oversees the high North along with parts of the Baltic NATO is now much more involved in the region the number of exercises in the north is increasing and interest in cold weather training is growing to further integrate the front line in this region a new NATO multicore land component command is being established in Finland alongside the Swedish L forward land forces the joint expeditionary Force GF is clearly focused on the North as one of its priority regions and has recently conducted exercises centered on Iceland from a NATO perspective part of this is because Russia is in the high North where it remains particularly dangerous >br 18:00 and can create problems this is especially true in the naval domain because the Russian Northern Fleet is largely unaffected by the war the Nordic countries while tough and capable do not have large armies and are direct targets of Russian intervention in the high North and the Baltic they need the additional strength of NATO allies to continue to deter the Russian threat from Russia's perspective in addition to the usual suspicions and concerns the invasion of Ukraine has added more than a, kilometers to NATO's borders in the region I think Russian strategists are clearly concerned about the possibility of having to spread their forces over even greater distances in the event of War especially in a region where most of their nuclear Arsenal is located the United Kingdom is in an odd position in terms of the high North as a near Arctic State the United Kingdom has significant geopolitical and scientific interest in the region from a defense perspective >br 19:00 during the Cold War the Royal Navy was heavily focused on Naval operations in the North Atlantic and Norwegian Seas the Royal Marines were primarily tasked with defending Norway today on paper the United Kingdom continues to invest in the region in much the same way the United Kingdom has excellent relations with all the Arctic countries and particularly close ties with the Nordic countries from a defense perspective the United Kingdom is the framework country for the joint expeditionary force with the Royal Navy having significant anti-submarine Warfare expertise in the north the British army has also increased its interest in Scandinavia with significantly increased exercises and short deployments however as usual the United Kingdom is in a stalemate due to conflicting priorities and insufficient resources simply put if the United Kingdom wants to be a major Northern high power it cannot do so while at the same time claiming to be an >br 20:00 indopacific player and a security guarantor in the Middle East and Africa it simply does not have the assets people and organizational structures needed to do it all well within existing resource limits but geography matters as the United States looks more and more towards the Pacific and away from Europe we would not be surprised if the United Kingdom finds itself more strongly engaged in the high North at the expense of other more distant theaters so what do you think about this issue let us know in the comments thank you for following us don't forget to subscribe to our Channel turn on notifications and like to support us

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