Rob Russo
π€ SpeakerAppearances Over Time
Podcast Appearances
Is there anybody in Europe who actually thinks that they're paying 15% tariff right now?
Althea mentioned the increase in tariffs on European vehicles.
That's primarily aimed at Germany.
It's primarily aimed at Chancellor Merz.
It's aimed at him because he had the temerity to tell the truth about what was going on in the war in Iran.
that there is no exit strategy, that the Iranians are humiliating Trump online at times.
And as a result, he finds his country the target of increased tariffs, even though they have a tariff deal.
His country being told that the American presence is going to be reduced there.
We'll see if it actually happens.
I think more ominous for Europe and for Ukraine
Trump is now saying he's not going to install Tomahawk missiles and hypersonic missiles in Germany that were going to be safeguards, bulwarks against further European expansionism by Vladimir Putin.
So those are all things that demonstrate why there should be probably no rush to a deal, apart from the fact that there is a dizzying dissent
in trump's political fortunes his own people are beginning to abandon him and uh independents have abandoned him he has the lowest uh uh ratings approval ratings of any president in the modern era as well so uh again it seems to be to canada's advantage not to rush into a deal which wouldn't mean much if you signed it with donald trump if you look at europe
And you allow political gravity to do the job for you as well in the United States.
I'll give you a couple.
Number one, the United States is the biggest energy exporter in the world.
Why is it the biggest energy exporter in the world?
Yes, it's a fracking revolution, but also because we send them cheap Canadian oil that allows them to take that oil, serve their domestic markets, take the surplus they have and export it abroad.
and project European or American strategic power, economic power abroad.
That's a huge weapon for them in the geopolitical world we're living in right now.