US-Canada Tariff Plan "Wishful Thinking": Joe Brown of Heresy Financial
#trumptariffs #canadaustradewar #canadianeconomy The US-Canada tariffs won’t get President Trump what he wants – additional revenue to deal with the defecit– this according to Joe Brown of Heresy Financial. Chapters 0:00 - Introduction 0:28 – Canada-US Tariffs 06:15 – Tariff Effect on US 09:21 – US Retrenchment 12:27 – Are Tariffs Inflationary 15:32 – Central Bank Rate Cuts 17:50 – US Inflationary Deleveraging 21:22 – DOGE/US Deficits 24:39 – 10 Year Yields Dropping 28:05 – 4 Years to Change the World Order 32:25 – Stagflation Incoming? 33:46 – Treasury Refunding 35:50 – Economic Contraction: Rate Drops 37:22 – US Gold Revaluation 42:39 – US Crypto Interest 47:09 – Looking Ahead Links: Joe Brown – Heresy Financial: https://www.youtube.com/@HeresyFinancial Donald Trump imposes 25% tariffs on Canadian and Mexican goods: https://www.thestar.com/politics/federal/trump-tariffs-canada/article_e7199158-f83f-11ef-8a84-e7c97ae9953e.html Trump’s ‘golden age of America’ could be an unrestrained imperial presidency: https://www.theguardian.com/us-news/2024/nov/09/president-trump-election-maga 1913 Federal Reserve Act: Definition and Why It's Important: https://www.investopedia.com/terms/f/1913-federal-reserve-act.asp Chicken Tax: What it Is, How it Got the Name: https://www.investopedia.com/terms/c/chicken-tax.asp ‘Entangling alliances with none’: https://thehill.com/blogs/pundits-blog/foreign-policy/72353-entangling-alliances-with-none/ How DOGE cuts might show up in the data: https://www.axios.com/2025/02/25/musk-trump-doge-economic-data Inflation, consumer prices for the United States: https://fred.stlouisfed.org/series/FPCPITOTLZGUSA Federal Funds Effective Rate: https://fred.stlouisfed.org/series/DFF Gross Federal Debt as Percent of Gross Domestic Product: https://fred.stlouisfed.org/series/GFDGDPA188S What is the national debt?: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/ U.S. 10 Year Treasury Note: https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx Treasury's $16 billion auction of 20-year bonds produces weak results: https://www.marketwatch.com/livecoverage/stock-market-today-s-p-eyes-fresh-record-as-nasdaq-and-dow-futures-also-gain/card/treasury-s-16-billion-auction-of-20-year-bonds-produces-weak-results-oVwIP7QzdnxoQQkWlbU4 Treasury Auction Draws Highest Yield Since 2007 in Bond Selloff: https://www.bnnbloomberg.ca/investing/2025/01/07/us-set-to-pay-most-since-2007-for-10-year-debt-as-yields-rise/ The world’s second-largest gold storage suddenly has very long lines to withdraw bars: https://www.cnn.com/2025/02/07/business/gold-bank-of-england-trump-tariffs-intl/index.html Trump, Musk raise questions, without evidence, about whether nation's gold at Fort Knox has been stolen: https://abcnews.go.com/Politics/trump-musk-raise-questions-nations-gold-fort-knox/story?id=119219700 Trump signs executive action to create sovereign wealth fund: https://financialpost.com/news/economy/trump-create-sovereign-wealth-fund Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.
