President Trump discusses his ongoing feud with Canada and the tariff/electricity standoff.
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Category
🗞
NewsTranscript
00:00This one for Kai.
00:01You mentioned that the Ontario premier calling you and giving you his decision about the
00:07electricity surcharge, and you said you were pleased about that.
00:10Will you make a different decision now about the tariffs on Canada?
00:13Will you reduce it?
00:14We're not committed to that, but probably so, yeah.
00:15He was a gentleman.
00:16Will you reduce it back?
00:17He was a gentleman.
00:18Look, I said it before.
00:19We give Canada $200 billion a year.
00:24We subsidize Canada.
00:25Between all of the things we give them and trade, we give them — we don't have to have
00:30cars made in Canada.
00:31We don't have to have lumber from Canada.
00:33We have tremendous lumber.
00:35We have tremendous trees.
00:36All I have to do is unfreeze them from some of the restrictions that were put on.
00:41I can do that with an executive order.
00:43We don't need energy.
00:44We have more energy than anybody else in the world.
00:48So we spend $200 billion a year subsidizing Canada, and we don't have to do that.
00:53And frankly, the way that gets solved is Canada should honestly become our 51st state.
00:59We wouldn't have a northern border problem.
01:01We wouldn't have a tariff problem.
01:04They don't have much — they spend very little, as you know, the least of almost anybody on
01:09military, and we spend the most of anybody on military.
01:12We have a great military.
01:14I rebuilt the military during my first term.
01:16We're going to have to rebuild it a little bit again.
01:18Not that much, but we're going to have to rebuild it a little bit again.
01:22Canada would be great as our cherished 51st state.
01:26You wouldn't have to worry about borders.
01:27You wouldn't have to worry about anything.
01:30And by the way, Canada is very highly taxed, and we're very low-taxed.
01:34We're considered a low-taxed nation because of me, because I cut the taxes so low.
01:38So the people of Canada would pay much less tax.
01:42It makes a lot of sense.
01:43And by the way, when you take away that artificial line that looks like it was done with a ruler
01:48— and that's what it was.
01:49You guys sat there years ago, and they said, rah.
01:52Well, when you take away that, and you look at that beautiful formation of Canada and
01:58the United States, there is no place anywhere in the world that looks like that.
02:03It's a must-see.
02:04It's on Greenland.
02:05And then if you add Greenland, that's even worse than Canada.
02:08That's crazy.
02:09It's going to look beautiful.