Politics
Trudeau Insists Trump Isn’t a Threat Despite His Past Rhetoric
Prime Minister Justin Trudeau expressed optimism Tuesday about working with U.S. President-elect Donald Trump, ramping up his rhetoric again by saying Canada has dealt with his trade threats before and can do so again.
Trudeau tried to play down possible retaliations by Trump over his past rhetoric, saying Trump’s trade threats are mostly aimed at China, and Canada has previously demonstrated a willingness to align with the United States against the Chinese if required.
Trudeau said that a concerted approach to Chinese trade and actions to address the country’s oppressive trade practices could help Canada win Trump’s favor.
For years, Trump has accused China of purposely weakening its currency and flooding the world with cheap items manufactured by low-wage workers, replacing American-made products and forcing jobs away.
The Trump administration is concerned about international pressures, particularly China’s overcapacity and unfair trade tactics. Canada is already aligned with the United States, and we can accomplish great things together,” Trudeau stated.
Trudeau’s allusion
Canada and the United States collaborated as “friends and partners” during Trump’s first term, “and we’re going to do that again,” Trudeau stated.
Trudeau’s allusion to being “aligned” with the Americans refers to Canada’s decision in August to join the US in imposing punishing tariffs on Chinese-made electric vehicles to preserve the country’s young EV industry.
As of October 1, Canada imposed a 100% surtax on Chinese-made EVs, doubling the cost of those imported vehicles and making them significantly less appealing to Canadian buyers.
According to a readout of Trudeau’s first contact with Trump since the election, the two discussed “addressing unfair trading practices in the global economy. While Canada and the United States agree on EVs, there may be difficulty with Mexico, the third member in the continental free trade agreement.
Trump has threatened to impose heavy tariffs on Mexico, with up to 200 percent levies on vehicles imported from the nation, to make it less appealing for automakers to build operations there.
In recent years, there has been a significant increase in automotive manufacturing in Mexico; most of that product is bound for the United States. Chinese EV manufacturer BYD has been seeking areas for a Mexican facility that may supply the US market.
“All I’m doing is saying… I’ll put a number where they can’t sell one car,” Trump said of Mexico in October about promised tariffs.
“I don’t want them hurting our car companies.”
Canada-U.S.-Mexico Trade Agreement
He has also threatened Mexico with high tariffs if it does not do more to stem the flow of migrants entering the United States. Kelly Craft, Trump’s former ambassador to Canada, has claimed the president-elect is also concerned about transshipments.
That is the practice of countries such as China shipping goods to Mexico so that they may be sold tariff-free in Canada and the United States under the Canada-U.S.-Mexico Trade Agreement, which Trump renegotiated during his administration.
“There are manufacturers producing products for the U.S. and Canada in Mexico, and he wants to reduce that, he wants us to have indigenous manufacturing capability,” Craft said of Trump in an interview with Radio-Canada before last week’s presidential election.
Meanwhile, Ontario Premier Doug Ford expressed similar concerns Tuesday, suggesting that Canada and the United States should negotiate a future free trade agreement alone and exclude Mexico.
“Since signing on to the new NAFTA, Mexico has allowed itself to become a backdoor for Chinese cars, auto parts and other products into Canadian and American markets,” Ford told reporters.
“If Mexico won’t fight transshipment by, at the very least, matching Canadian and American tariffs on Chinese imports, they shouldn’t have a seat at the table or enjoy access to the largest economy in the world.”
Regarding Trump’s pledge to impose a minimum 10% tariff on all imports — a policy that could be applied to Canada — Trudeau said Tuesday that he is working to persuade the incoming president that the approach would be terrible for businesses and the workers they employ on both sides of the border.
During Trump’s first term, Canada was subjected to tariffs on steel and aluminum from the United States, which was an economically destructive policy. Canada replied with dollar-for-dollar retaliatory tariffs, forcing the United States to back down.
Trudeau stated that if necessary, Canada may undertake this strategy again.
“We responded to tariffs he brought in with a demonstration that the interdependence of our economies means there are great jobs on both sides of the border that rely on the smooth flow of goods,” he told reporters. “That’s going to continue to be the case.”
However, trade experts believe that even the possibility of tariffs might be detrimental to Canada since it may cause corporations to reconsider investing here.
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Politics
Trudeau GST Tax Holiday to Cost Taxpayers $6.3 Billion
Prime Minister Justin Trudeau announced a two-month GST break on some purchases and a one-time $250 rebate for all Canadians earning less than $150,000. The proposed GST break would last from December 14 to February 15.
The Liberals said it would cover various things, including children’s clothing and shoes, toys, diapers, restaurant meals, and beer and wine. It also refers to real and artificial Christmas trees, snack foods and beverages, and video game systems.
The move will cost taxpayers almost $4.7 billion, and the GST exemption will cost an additional $1.6 billion, totaling $6.3 Billion.
The federal government is now running a significant deficit. This raises the question of who will have to foot the $6.3 billion bill for today’s one-time payments. The government will have to borrow the money, and future taxpayers must either repay it or service the additional debt perpetually.
Critics argue that the GST credit is a collection of terrible ideas that will do little to lift Canada out of the long-term economic rut in which our economy is stuck.
Conservative Party Leader Pierre Poilievre responded Thursday to Prime Minister Justin Trudeau’s pledge of a “GST Holiday” for Canadians, calling it a “tax trick.”
Poilievre stated that the temporary exemption from the Goods and Services Tax on various ordinary commodities “would not make up for the permanent quadrupling carbon tax on heat, housing, food, and fuel.”
Bloc Québécois leader Yves-François Blanchet stated he is “against any idea of a prime minister who says, ‘I will give you money in order for you to consider voting for me.'”
According to the Canadian Federation of Independent Business, temporary sales tax holidays will only increase confusion and administrative burden for small business owners.
A temporary sales tax decrease would help boost demand in some industries, including restaurants, Canadians, and companies, which require sustainable tax relief during the slow post-holiday season.
The changes amid an inflation-driven affordability crisis have left many dissatisfied with the Trudeau government. A federal election is scheduled for before next October, although it might happen sooner if the minority government falls before then.
For months, the Conservatives have held a double-digit lead over the Liberals in public opinion polls, with Leader Pierre Poilievre promising to cut taxes and government spending to restore affordability.
High inflation has also pressured the Liberals to avoid proposing policies that would boost spending and raise fuel prices.
According to the Fraser Institute, The Trudeau government got one thing fundamentally right: Lowering the tax burden on Canadians has benefits. Unfortunately, the policy package it has proposed to deliver tax relief is completely wrong.
It lowers the incorrect taxes, moves taxes temporarily rather than lowering them, does little to improve economic incentives, and punishes future taxpayers. With the holiday season approaching, this attempt at a gift for Canadian taxpayers is the economic equivalent of a lump of coal in the stocking.
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Politics
Matt Gaetz Withdraws as Trump’s Pick for Attorney General
Congressman Matt Gaetz has withdrawn as President-elect Donald Trump’s candidate for Attorney General, citing concerns about a federal sex trafficking probe that cast doubt on his ability to be confirmed.
Gaetz resigned after failing to persuade the Senate to endorse his contentious candidacy. Shortly after Gaetz’s unexpected departure, the president-elect issued a statement applauding his former AG nominee’s choice to seek Senate confirmation.
“I greatly appreciate the recent efforts of Matt Gaetz in seeking approval to be Attorney General. He was doing very well but, at the same time, did not want to be a distraction for the Administration, for which he has much respect. Matt has a wonderful future, and I look forward to watching all the great things he will do!” the president-elect wrote on Truth Social.
Gaetz had earlier stated that he was retiring from his current seat in Congress and would not take the oath of office for the upcoming session, which begins in January. Now that he has withdrawn from consideration for AG, his future in Washington is uncertain.
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Politics
Eric Hovde Concedes The United States Senate Race To Tammy Baldwin.
(VOR News) – Eric Hovde, the Republican candidate for the United States Senate, has acknowledged that he was defeated by Tammy Baldwin, the Democratic candidate for the same seat on the ballot.
Baldwin acknowledged Hovde’s defeat and consented to it. Furthermore, he released a statement in which he contends that the election results are not only inaccurate, but also devoid of any factual foundation.
Eric Hovde experienced this two weeks after the election.
Baldwin emerged as the unofficial victor of the Senate campaign in Wisconsin, a race that was closely monitored by a significant number of individuals. Baldwin was awarded the title of victor on November 6th. Baldwin emerged victorious by a razor-thin margin.
According to the data provided by the Associated Press, Baldwin emerged victorious by a margin of 29,116 ballots, which is approximately equivalent to 0.9 percent of the total votes cast. Baldwin emerged victorious by a substantial margin, as indicated by the results.
Hovde issued his public apology subsequent to the conclusion of the canvassing of the results by the majority of county clerks throughout the state. This process will ultimately result in the results being recognized as official. Publication of Eric Hovde’s decision. Not only were the results announced at this time, but they were also proclaimed in an official capacity.
The exact phrase of the announcement, “Thank you for your support,” was included in a post by Eric Hovde on Monday and published on the social networking site X.
The public was notified of this announcement. The announcement was public on Monday. It has drawn a lot of attention. “It is time to begin moving on.”
In contrast, Eric Hovde’s film began with a somewhat less inclusive tone, which persisted throughout. He made this assumption without offering any evidence to back it up, and his claims that there were “many troubling issues” with absentee ballots tabulated late on election night were factually incorrect. His claims were not supported by empirical evidence.
His claims were unsupported by any proof. Not a single piece of evidence could possibly prove that his allegations were correct. He stated in the statement that “numerous supporters” had demanded that he challenge the election results. He acknowledged receiving the request.
Eric Hovde acknowledged receiving these demands.
In particular, Eric Hovde asserts, “However, a request for a recount would serve no purpose if it were not for a detailed review of all the ballots and their legitimacy, which will be difficult to obtain in the courts.”
Subsequently, you would recount the identical ballots, regardless of their authenticity. This is the reason, as elucidated in this article. This is the rationale for the current state of affairs.
Hovde and his campaign refrained from issuing any public statements subsequent to Baldwin’s disclosure that Eric Hovde had emerged victorious in the election, which transpired over a week after Baldwin’s initial announcement.
The previous week, he uploaded a video to social media platforms that expressed his “deeply concerned” sentiments regarding the election results in Milwaukee.
The election was conducted in Milwaukee. While the film was being screened, there was a discussion regarding the results of the election in Milwaukee. As the ballots were still being counted in the largest city in Wisconsin on the evening of the election, he expressed his “shock” at the sequence of events that had transpired.
Eric Hovde was emphasizing the occurrence of specific events.
In addition, he declared that ballots were still being tallied at the time of the election. Eric Hovde made this declaration during the voting period, while ballots were still being tabulated.
Baldwin’s team referenced her victory speech, which she delivered the week prior to the election, in response to a request for comment that was submitted on Monday.
In response to the campaign’s request, this action was implemented.
A representative of Baldwin’s team has verified that “Hovde has not called,” which is consistent with the information that was disclosed on Monday morning. The representative who provided these details has worked in a variety of capacities throughout their career.
SOURCE: WPR
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