Episode Transcript
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Speaker 1 (00:00):
And Mr. President, it has taken a lot of people
to make this happen.
Speaker 2 (00:04):
Why was it important to you to bring IndyCar to
the streets of D.C.? Well, Roger told me they've been
trying to do it for 20 years and he'd come down.
I think he said he was down 211 times to
try and get it done. And when he came to
see Trump, it got done in about 15 minutes. And
It's turned out to be much bigger than we ever
even thought possible.
Speaker 3 (00:22):
You're listening to the 47 Morning Update with Ben Ferguson.
Speaker 1 (00:26):
Good Monday morning. Nice to have you with us on
the 47 Morning Update. And we've got two very big
stories for you. First up, a trade war with Canada.
Donald Trump saying Canada is taking advantage of the U.S.
for far too long and we're not going to make
a bad deal. So what does this mean for goods?
We'll explain it to you. Up next, a shockingly vile
attack from El-Said, a Democratic socialist candidate, against the vice president, J.D.
(00:51):
Vance's wife. Why is he attacking the first lady? We'll
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a buzz today. It's the 47 Morning Update, and it
starts right now.
Speaker 3 (02:42):
Story number one.
Speaker 1 (02:43):
We are now being told that the trade talks between
the United States and Canada have collapsed. It was a
very simple story, very clear that this was a collapse
of the conversation. Here's how it was on Fox News.
Speaker 4 (02:59):
Trade talks between the US and Canada collapsing overnight. A 50%
tariff on $ 20 billion with the Canadian goods taking effect
at midnight. The Trump administration says Canada walked away from
a deal that would have cut tariffs on steel, aluminum
autos and lumber. Now Canada is promising to hit back
dollar for dollar, raising the stakes in a major fight
(03:21):
with one of America's closest trading partners.
Speaker 1 (03:24):
Now, President Donald Trump is making it very clear. Canada
is not going to get any special treatment, as he
described it, simply because it is America's neighbor. The president
is saying, no, we're not going to allow that to happen.
So let me explain what just happened over the last
(03:45):
several days. President Trump temporarily paused a new round of
massive tariffs against Canada because he believed a deal was
essentially finished. Trump announced that the pause was based on
the fact that Canada and the United States, in his words,
have a deal. But the deal never got across the
finish line, and negotiations collapsed on Friday. Both sides are,
of course, now pointing the finger at one another. And
(04:07):
the Trump administration is now saying Canada came back at
the last minute with demands that the United States simply
wasn't willing to accept. Canada, of course, says that Donald
Trump in Washington was demanding concessions that threatened Canadian sovereignty
and its ability to make its own trade decisions. And
President Trump essentially said... The United States has now imposed 50%
(04:32):
tariffs on roughly $ 20 billion worth of Canadian products. Now,
these aren't hypothetical tariffs. They are now in effect. And
we're talking about Canadian goods ranging from wine and other
alcoholic beverages to dairy products, to textiles, to electronics, to
paper products, to honey, even hockey equipment. Now, these new
(04:52):
duties also go beyond some of the protections that previously
existed under the USMCA trade agreement. Now, why is Donald
Trump doing this is a question that a lot of
people are asking. Well, the White House's argument is extremely straightforward.
The Trump administration has said Canada has spent protecting parts
(05:14):
of its economy while expecting largely unrestricted access to the
enormous American consumer market. Take alcohol, for example. The White
House using this over the weekend. And they pointed out
that beginning in March of 2025, Canadian provinces and territories
stopped purchasing or selling American alcoholic beverages. Ontario pulled U.S.
(05:37):
products from its government-controlled liquor system. And then Quebec took
similar action. Now, some provinces subsequently reversed course, but most
did not. Then you have dairy. Canada's supply management system
has been long a source of friction with American farmers.
Then you look at automobiles. Then you look at steel
(05:58):
and aluminum. And the Trump administration's basic position is this.
You cannot restrict American products and protect Canadian industries and
then demand unlimited access to America's markets and to American consumers. Now,
the White House says the 50% tariffs are specifically intended
(06:18):
to offset prices what it calls Canada's discriminatory treatment of
American commerce and trade. And Trump is approaching this from
a position he has maintained for years. America has the
biggest consumer market in the world. Access to our American
market has tremendous value to anyone else in the world.
And if another country wants access to the U.S., then
(06:41):
President Trump believes that America should use that leverage to
demand reciprocal treatment. A fair deal, let's be clear, reciprocal treatment.
for American workers and American businesses. Now, Canada, they now
say they are not backing down on this at all.
The Canadian Prime Minister, Carney, has announced that Canada will
(07:01):
retaliate dollar for dollar. Beginning September the 8th, Canada plans
tariffs against American goods, including products involving steel, dairy, electronics,
and agricultural equipment. Carney is calling Trump's tariffs an economic
attack and then said Canada will not surrender its sovereignty
simply to reach a deal with Washington. And that means
(07:24):
we now have something very different from a negotiating threat.
We potentially have an actual North American trade war. Now,
you've got to remember how economically connected we are. And
I'm saying this as, you know, whether you're Canadian listening
to this or American listening to this, we are absolutely interconnected.
The United States and Canada don't simply sell finished products
(07:45):
to each other. Our manufacturing systems are very much intertwined,
and this is going to be a problem for both countries,
all right? Components can cross the border, go into another product,
cross back again, and eventually end up in a finished
vehicle or piece of machinery. That happens all the time.
By the way, same thing happens with Mexico. So when
you start putting 50% tariffs on products moving across the border,
(08:08):
businesses now have to make a serious decision. Do you
absorb the cost, number one? Do you raise the price
for consumers, number two? Or do you find another supplier,
number three? And this is the outcome that President Trump wants.
Do they move production into the United States of America
instead of having it in Canada? Now, if you need
(08:32):
the American business more than you need the Canadian business...
Are you going to move those manufacturing companies into the U.S.
so you don't have to deal with this trade tariff
and paying these tariffs with Canada and the U.S.? Right.
That's a simple question. And the president's betting on the
answer is going to be fine. We'll move to America. Now,
(08:52):
this is a strategic gamble, no doubt, but it's one
that is based in Trump's tariff policy. The president said
he wants CEOs looking at a 50% tariff and saying this.
Why am I manufacturing this in Canada when I could
be building it in Michigan, Ohio, Pennsylvania, Texas, Tennessee, and
avoid the tariffs altogether? And the White House is already pointing,
(09:13):
by the way, to reshoring this announcement in the automobile
industry as evidence that Donald Trump's broader trade strategy is
influencing corporate investment decisions. And that has certainly been a
real thing in America. There's also the other side of this, right?
Canada is very angry right now. Canada is very mad.
(09:35):
And how much leverage do they have over the United
States of America? Not near as much. They have a
smaller economy. They don't have as much manufacturing. They have
a lot of goods that they need to export into America.
And so when you look at what they are doing
right now, the question is, who flinches first? Donald Trump
(09:56):
believes Canada will flinch first. I actually believe there's an
extremely good chance that that is exactly what is going
to happen. That Canada is going to flinch first. Now,
the president has also made it clear that Canada has
just been taking advantage of us for far too long.
And this goes back to his trade negotiations all over
the world. There are too many countries that were taking
advantage of the U.S. and getting full access to us.
(10:19):
to the United States of America while giving us limited
or no access to their consumers. The president's saying, I
just want a fair playing field. That's all I want.
And what did they say in Canada?
Speaker 5 (10:32):
No.
Speaker 1 (10:32):
Now, they may be used to America being pretty darn weak.
They may be used to America being kind of wussy
on trade negotiations. And they may be hoping that that's
exactly what's going to happen. The president will flinch. I
don't believe that he's going to flinch. I think he's
dug in and it's based on principle and a policy
that makes sense for Americans. This is why a lot
(10:56):
of people voted for Donald Trump in the first place.
Speaker 3 (10:58):
Now, story number two.
Speaker 1 (10:59):
There is another example that I want to tell you
about right now, about just how extreme and how radical
the DSA actually is. Now, you have to look no
further this time and to just deal with a basic headline.
And it is one that if you are a conservative person,
This should terrify you that we are now at this
(11:21):
point where this is where the Democratic Party has gone.
You look in a guy by the name of Abdul El-Said.
He is now out there attacking J.D. Vance's marriage. Why
on earth would a Senate Democratic candidate attack J.D. Vance's marriage,
(11:44):
his wife? Well, it is all because of something that J.D.
Vance said. Now, I'm going to play for you what J.D.
Vance said so that you understand exactly what he said
before I tell you what El-Sayed's response was. And it
was vile and grotesque and also extremely racist. Here is J.D.
(12:04):
Vance in his own words, and then you'll understand how
egregious this is.
Speaker 5 (12:10):
It's sometimes actually hard to understand. Like, what do these
modern Democrats actually stand for? But look what they say,
pay close attention, and they'll leave these little hints of
what they actually care about. Now, El-Sayed, this guy running
for Senate in Michigan, he once argued, not too long ago,
that criticisms of Sharia law were rooted in white supremacy.
(12:33):
I'd love to go back in time and tell my
papaw that there's a man who claims to stand for
working people who says not only should we have Sharia law,
but if you criticize it, you're a white supremacist. That's
not my papaw's Democrat party, my friends.
Speaker 2 (12:47):
All right.
Speaker 1 (12:48):
So let's talk about why that story is important. What J.D.
Vance is doing is he's reminding people that the Democratic
Party has become so extreme that Democrats of yesterday would
not even recognize their party today. I believe JFK would
be a Republican today. I think there's a chance Bill
Clinton of the 1990s would be a Republican today. That
(13:11):
is how extreme the left has gone. And El-Sayed has
lost his mind over those comments. In a social media
post over the weekend, El-Sayed wrote, so do we think
JD is taking Usha, that's his wife, all right, the
second lady, with him back in time to meet Papa
(13:32):
or no? With a link to that video. Now, Vance's wife, Usha,
and her family are Hindu. So this is not only
a racist statement, but it's an incredibly nasty statement coming
from Al-Said. And by the way, they're Hindu and they
would not impose Sharia law on Americans. That is another
(13:52):
part of this conversation because Al-Said has refused not only
to apologize for his racist remarks about Vance's wife and family,
but it's also important to note that Al-Said's campaign has
confirmed that he actually complies with Sharia law in his
personal life. Now, this all comes from a comment from
09 when he described it as being himself as being, quote,
(14:15):
and his religion as a lifelong obligation. Saeed later responded
to Vance's comments during an interview, stating, quote, he's painting
this picture of going back in time to talk to
his papa about me. Now, why is he pointing to me?
Why is Donald Trump pointing to me? They're pointing to
me to try and say somehow I'm less of an
American than they are. What does that have to do
(14:38):
with this? I don't know. The color of my skin?
How I pray? Question mark. But the confusing thing about
it is that he thinks there are some people who
are more American than others because they can point to
their papa who was here earlier. Now, obviously, that's not
even close to what Vance was talking about. What he
(14:58):
was saying was the Democratic Party has become so radical.
that his papa, who was a Democrat, would not recognize it.
He then goes on, I'll say, to ask this question, quote,
and my question to him, referring to Vance, is simply,
why is it? How do you look your parents-in-law's in
the eye and say that somehow they're less American than
(15:18):
you are? Because that's what he's implying here. That's, by
the way, not what J.D. Vance implied at all. That
goes back to the racist statement that has been put
out there by El-Said. Now, this is a very, very, very, very,
very tight race. You look at the most recent polling,
Michigan's Republican Senate candidate, Mike Rogers, and El-Sayed are virtually
(15:40):
tied in the general election race. El-Sayed now is doing
everything he can to try to undermine J.D. Vance, undermine
the president, and undermine Mike Rogers. And so what he's
saying is, hey, I'm going to go after the wife
of J.D. Vance and her religion and And the color
of her skin and then say, oh, well, I guess
(16:01):
somehow Republicans are racist. Like, that's pretty funny. Well, let
me also remind you of El Said when he said
when he said this in an interview as well.
Speaker 6 (16:10):
Oh, you know, Jesus, peace and blessings be upon him,
was considered radical in his time, too. And there is
a radical nature to being willing to stand forthright in
a time of corruption.
Speaker 1 (16:24):
Saeed says that Jesus was radical, so therefore you should
support me because I'm a radical. He's admitting that he
is a radical Islamist. By the way, that's very different
than what Jesus believed in. Let's just point that out
as well.
Speaker 3 (16:40):
Thank you for listening to the 47 Morning Update with
Ben Ferguson. Please make sure you hit subscribe wherever you're
listening to this podcast right now. And for more in-depth news,
also subscribe to the Ben Ferguson podcast, And we will
see you back here tomorrow.