Hook
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WE HAVE NOW A FULL-BLOWN TRADE WAR WITH CANADA. SUPPORT, NEUTRAL OR OPPOSE? LOOK, I'M HOPEFUL THIS WILL GET RESOLVED. SOON? I VERY MUCH HOPE SO. YOU KNOW, WITHIN THE TRUMP ADMINISTRATION, THERE ARE TWO CAMPS. THERE IS ONE CAMP THAT WANTS TO USE THE THREAT OF TARIFFS AS LEVERAGE TO OPEN UP TRADE. THERE'S ANOTHER CAMP THAT WANTS TO SEE TARIFFS AS A PERMANENT FEATURE OF OUR ECONOMY. I'M IN CAMP NUMBER ONE. I'M ALL FOR USING- YES, I'M ALL FOR LEVERAGE. BUT I'LL TELL YOU, THE UNITED STATES, WE DO A LOT OF TRADE WITH CANADA. WE DO A LOT OF TRADE WITH MEXICO. TEXAS DOES MASSIVE TRADE, ALMOST $300 BILLION A YEAR OF TRADE WITH MEXICO. AND SO, I'M ALL FOR- I THINK PRESIDENT TRUMP HAS BEEN REALLY EFFECTIVE, GETTING OUR TRADING PARTNERS TO OPEN UP THEIR MARKETS. AND THE THREAT OF TARIFFS IS USEFUL, BUT I THINK THE OBJECTIVE SHOULD BE MORE TRADE, NOT LESS. DOES THIS FEEL SCARIER TO YOU? IT LOOKS LIKE IT'S GOING TO BE REAL. AND MARK CARNEY'S- YEAH, LOOK, I MEAN MARK CARNEY'S BEATING HIS CHEST AND THAT'S OK, I THINK IT'S A LITTLE PERFORMATIVE. I THINK IT WILL GET RESOLVED. AND AT THE END OF THE DAY, OUR ECONOMIES ARE CLOSELY CONNECTED AND SO, I THINK THE OBJECTIVE IS GOING TO BE A WHOLE LOT MORE TRADE. THERE IS AN AMAZING IRONY. I THINK DONALD TRUMP COULD GO DOWN IN HISTORY AS THE GREATEST FREE TRADE PRESIDENT EVER - WHICH IS NOT WHAT ONE WOULD EXPECT. BUT THE DIFFERENCE IS WHEN HE THREATENS OUR TRADING PARTNERS, WE'RE GOING TO PUT TARIFFS ON, WHAT I'VE SEEN IS THEY COME RUSHING TO WASHINGTON AND SAY, LET'S SLASH OUR TARIFFS AND WE'LL OPEN UP OUR MARKETS