Kevin O’Leary Says Trump’s Tariffs A Gateway To US-Canada Economic Unity

From the Daily Caller News Foundation

‘It’s The Beginning Of A Giant Negotiation’

“Shark Tank” co-star Kevin O’Leary said Monday on Fox Business that President Donald Trump’s looming tariff on steel and aluminum imports have broader implications for US-Canada relations.

During an appearance on “The Evening Edit,” O’Leary discussed the impact of tariffs as the start of significant negotiations. He said there is potential for broader economic integration between the U.S. and Canada. Trump plans to impose tariffs of 25% on imports from Mexico and Canada, along with an additional 10% tariff on Canadian oil, natural gas, and electricity. Despite these significant figures, Trump has imposed only a 10% tariff on oil, the cheapest U.S. imports. O’Leary said this is merely the opening move in what could be a transformative economic negotiation.

“So all of this to me, if you separate the signal from the noise, forget the noise. The signal is, let’s get an economic union together,” O’Leary said. O’Leary said there is a global uproar over the U.S.’s proposed 25% tariffs and the reciprocal tariffs from countries like India, which have set their tariffs on some U.S. products at up to 23%.

“Those are two different baskets. Obviously, the one that people are talking about quite a bit tonight is India. They’ve got certain product services in different sectors, up to 23%. Now we’re going to have reciprocal tariffs in the U.S. against them. [Indian Prime Minister Narendra] Modi will immediately fly to Washington. The negotiations will begin,” O’Leary said.

O’Leary, however, said Canada’s situation differs from others.

“It’s the same everywhere. The Canadian situation is unique. Almost the entire 200 million deficit that the president’s talking about comes from one single source. That’s energy coming out of Irving Refineries on the east coast down to Boston, and all of that oil, 4.3 million barrels a day coming in at Alberta into the west,” O’Leary said. “And so that’s the most inexpensive oil [that] the U.S. imports. That’s why he only put a 10% tariff on it. But it’s the beginning of a giant negotiation. Aluminum, 70% of aluminum comes in the U.S. It’s made in Canada for one singular reason.”

While some skeptics doubt Canada’s willingness to merge economies, a growing number of Canadians, O’Leary said, are open to exploring such a possibility.

“What is on the table that now 43% of Canadians want to explore more of? Forget all these tariffs. Let’s join the two economies, become a behemoth, common currency perhaps, and then take on China,” O’Leary added. “I mean, that’s really what we’re talking about here. We’re talking about the security of the north, not the 49th parallel.”

When asked about what the U.S. could gain from such tariffs beyond economic leverage, O’Leary said it’s about the broader geopolitical benefits:

“Let me assure you that 11 out of 10 Canadians would rather trade their Trudeau pesos for American dollars. They already have American dollar accounts. Trudeau has wiped out 41% of their net worth the last nine years. They want an economic union because it’s good for business. Everybody understands that. The two countries are so intertwined, and they both believe in democracy and free speech and freedom and all the rest,” O’Leary said.

O’Leary was asked what can Trump get for the American consumer and the American voter in return for these tariffs.

“Security on energy,” O’Leary said.

“Alberta has five times more oil and gas than the entire United States. Complete security on uranium, aluminum, all of the incredible resources Canada has with only 41 million people there and access to it in a free flow. No tariffs.”

Trump aggressively employed tariffs to coerce Canada and Mexico into making concessions aimed at resolving the crisis at the southern border. In response, Canada has committed to bolstering security along its northern border, while Mexico has agreed to station 10,000 National Guard troops at the border.

During former President Joe Biden’s tenure, approximately 8.5 million migrants were encountered at the U.S.-Mexico border, and this period also saw an increase in fentanyl seizures, primarily driven by Chinese chemical companies. Meanwhile, even though less frequent, illegal crossings at the northern border also surged during the Biden administration.

Related Topics:#DailyCaller feature KevinO'Leary MarianeAngela TariffsToEconomicUnity TrumpTariffs US-CanadaEconomicUnity

Up Next

Musk Quietly Inserts DOGE Across Federal Agencies In Move That Could Uproot $162,000,000,000 Govt Industry

Don't Miss

Canadians owe Smith a debt of gratitude

Todayville

Todayville is a digital media and technology company. We profile unique stories and events in our community. Register and promote your community event for free.

Follow Author

Danielle Smith slams Skate Canada for stopping events in Alberta over ban on men in women’s sports

Crime / 8 hours ago

The Uncomfortable Demographics of Islamist Bloodshed—and Why “Islamophobia” Deflection Increases the Threat

International / 9 hours ago

Bondi Beach Shows Why Self-Defense Is a Vital Right

Daily Caller

Hegseth Planning Huge Shakeup Of Top Military Command: REPORT

Published on December 17, 2025

Todayville

From the Daily Caller News Foundation

By Wallace White

War Secretary Pete Hegseth is moving forward with a massive shakeup of military leadership, restructuring top commands and moving the U.S. focus away from Europe and the Middle East, according to a report out Monday.

Five sources with knowledge of the matter told The Washington Post the Pentagon is set to consolidate U.S. Central Command in the Middle East, U.S. European Command and U.S. Africa Command into a new larger combatant command, the U.S. International Command. Other commands would be similarly consolidated, reducing the total number of combatant commands from 11 to eight. The intended restructuring is designed both to reduce the number of admirals and four star generals and refocus the U.S. military on the Indo-Pacific and Western Hemisphere, according to the sources.

The plan would be one of the most significant changes to the military’s upper echelons in decades, and the move would bring the Pentagon more directly in line with the administration’s refocusing of priorities in the recently released National Security Strategy.

Dear Readers:

As a nonprofit, we are dependent on the generosity of our readers.

Please consider making a small donation of any amount here.

Thank you!

“As a matter of Department of War policy, we will not comment on leaked documents that we cannot authenticate and rumored internal discussions, as well as specifics of architectural discussion or pre-decisional matters,” a War Department official told the Daily Caller News Foundation. “Beyond this, any insinuation there is a divide within the Department is completely false – everyone in the Department is working to achieve the same goal under this administration.”

The Post also reports the proposal was crafted under supervision by Chairman of the Joint Chiefs of Staff Gen. Dan Caine, at Hegseth’s request. Caine will also be sharing two alternate proposals on potential restructures.

Hegseth has been looking for ways to reduce the number of four star generals in the Armed Forces, which has roughly the same amount of generals now as during World War II.

Daily Caller

Paris Climate Deal Now Decade-Old Disaster

Published on December 17, 2025

Todayville

From the Daily Caller News Foundation

By Steve Milloy

The Paris Climate Accord was adopted 10 years ago this week. It’s been a decade of disaster that President Donald Trump is rightly trying again to end.

The stated purpose of the agreement was for countries to voluntarily cut emissions to avoid the average global temperature exceeding the (guessed at) pre-industrial temperature by 3.6°F (2°C) and preferably 2.7°F (1.5°C).

Since December 2015, the world spent an estimated $10 trillion trying to achieve the Paris goals. What has been accomplished? Instead of reducing global emissions, they have increased about 12 percent. While the increase in emissions is actually a good thing for the environment and humanity, spending $10 trillion in a failed effort to cut emissions just underscores the agreement’s waste, fraud and abuse.

Dear Readers:

As a nonprofit, we are dependent on the generosity of our readers.

Please consider making a small donation of any amount here.

Thank you!

But wasting $10 trillion is only the tip of the iceberg.

The effort to cut emissions was largely based on forcing industrial countries to replace their tried-and-true fossil fuel-based energy systems with not-ready-for-prime-time wind, solar and battery-based systems. This forced transition has driven up energy costs and made energy systems less reliable. The result of that has been economy-crippling deindustrialization in former powerhouses of Germany and Britain.

And it gets worse.

European nations imagined they could reduce their carbon footprint by outsourcing their coal and natural gas needs to Russia. That outsourcing enriched Russia and made the European economy dependent on Russia for energy. That vulnerability, in turn, and a weak President Joe Biden encouraged Vladimir Putin to invade Ukraine.

The result of that has been more than one million killed and wounded, the mass destruction of Ukraine worth more than $500 billion so far and the inestimable cost of global destabilization. Europe will have to spend hundreds of billions more on defense, and U.S. taxpayers have been forced to spend hundreds of billions on arms for Ukraine. Putin has even raised the specter of using nuclear weapons.

President Barack Obama unconstitutionally tried to impose the Paris agreement on the U.S. as an Executive agreement rather than a treaty ratified by the U.S. Senate. Although Trump terminated the Executive agreement during his first administration, President Joe Biden rejoined the agreement soon after taking office, pledging to double Obama’s emissions cuts pledge to 50 percent below 2005 levels by 2030.

Biden’s emissions pledge was an impetus for the 2022 Inflation Reduction Act that allocated $1.2 trillion in spending for what Trump labeled as the Green New Scam. Although Trump’s One Big Beautiful Bill Act reduced that spending by about $500 billion and he is trying to reduce it further through Executive action, much of that money was used in an effort to buy the 2024 election for Democrats. The rest has been and will be used to wreck our electricity grid with dangerous, national security-compromising wind, solar and battery equipment from Communists China.

Then there’s this. At the Paris climate conference in 2015, U.S. Secretary of State John Kerry stated quite clearly that emissions cuts by the U.S. and other industrial countries were meaningless and would accomplish nothing since the developing world’s emissions would be increasing.

Finally, there is the climate realism aspect to all this. After the Paris agreement was signed and despite the increase in emissions, the average global temperature declined during the years from 2016 to 2022, per NOAA data.

The super El Nino experienced during 2023-2024 caused a temporary temperature spike. La Nina conditions have now returned the average global temperature to below the 2015-2016 level, per NASA satellite data. The overarching point is that any “global warming” that occurred over the past 40 years is actually associated with the natural El Nino-La Nina cycle, not emissions.

The Paris agreement has been all pain and no gain. Moreover, there was never any need for the agreement in the first place. A big thanks to President Trump for pulling us out again.

Steve Milloy is a biostatistician and lawyer. He posts on X at @JunkScience.