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

Published

8 months ago

6 minute read

 

From the Daily Caller News Foundation

By Mariane Angela

‘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.

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Daily Caller

Trump urges Putin, Zelenskyy to make a ‘deal’

Published on October 19, 2025

By

From The Center Square

By 

President Donald Trump hosted President Volodymyr Zelenskyy at the White House on Friday afternoon, in hopes of inching Ukraine and Russia closer to peace.

Trump told the media Friday evening that the two had a “very good meeting, a very cordial meeting.”

However, the president said that he has told both Eastern European leaders to stop the war and “go by the battle line wherever it is or else it gets too complicated.”

“The meeting with President Volodymyr Zelenskyy of Ukraine was very interesting, and cordial, but I told him, as I likewise strongly suggested to President Putin, that it is time to stop the killing, and make a DEAL! Enough blood has been shed, with property lines being defined by War and Guts,” the president posted to Truth Social Friday evening. “They should stop where they are. Let both claim Victory, let History decide!”

The president pleaded with the leaders to stop shooting, “no more Death, no more vas and unsustainable sums of money spent.”

The meeting comes a day after Trump had a “lengthy” and “productive” conversation with Russian President Vladimir Putin, during which the two agreed to meet in Hungary.

One of the topics of interest during the bilateral meeting between Trump and Zelenskyy is Ukraine’s desire to purchase U.S. Tomahawk missiles.

During a news conference between the two leaders, they both emphasized their desire to reach a peace agreement. However, Zelenskyy underscored the need for more weapons, including the Tomahawks.

Zelenskyy suggested a trade between Ukrainian drones for U.S. Tomahawk missiles, which the president suggested he would be open to the exchange. However, the president appears to be reluctant to sell Tomahawks, potentially leaving the U.S. short in case they are needed.

The president indicated that the threat of Tomahawks may be bringing Putin to the table; however, he noted that the Russian president wants to end the war, acknowledging that “bad things can happen” with the missiles.

Overall, the president appears confident that he can solve the war. “I am the mediator president,” Trump told the media.

Trump addressed concerns that Putin is trying to buy more time in wanting to meet, which he acknowledged.

The president said he is eager to strike a peace deal between the two countries, noting that he thought the war would be easier to solve, adding that there is a lot of bad blood between the two leaders.

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Business

Trump Blocks UN’s Back Door Carbon Tax

Published on October 19, 2025

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From the Daily Caller News Foundation

By David Blackmon

Has the time come for America to seriously reassess its participation in and support for the United Nations (U.N.)?

It’s a question that some prominent people are asking this week after the increasingly woke and essentially useless globalist body attempted to sneak a global carbon tax in through the back door while no one was looking.

Except someone was looking, as it turns out. Republican Utah Sen. Mike Lee, who chairs the powerful Senate Energy and Natural Resources Committee and is part of the majority on both the Senate Judiciary and Senate Foreign Relations Committees, said in an X post Thursday evening that this latest bit of anti-American action “warrants our withdrawal from the UN.”

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Secretary of State Marco Rubio said in his own X post on the matter on Wednesday that the Trump administration “will not allow the UN to tax American citizens and companies. Under the leadership of POTUS (President Donald Trump), the U.S. will be a hard NO. We call on other nations to stand alongside the United States in defense of our citizens and sovereignty.”

On Friday afternoon, Mr. Rubio took to X again to announce the news that efforts by himself and others in the Trump administration succeeded in killing an effort to move the tax forward during a meeting in London. However, the proposal is not fully dead – a final vote on it was simply delayed for a year.

The issue at hand stems from an attempt by the International Maritime Organization (IMO) – an agency of the U.N. – to impose net-zero rules on fuels used for seaborne shipping operations. The Trump administration estimates the imposition of the new requirements will increase the cost of shipping goods by about 10%, thus creating yet another round of inflation hitting the poorest citizens the hardest thanks to the globalist obsession with the amount of plant food – carbon dioxide – in the atmosphere.

Known as the IMO Net-Zero Framework, the proposal claims it would effectively “zero out” emissions from the shipping industry by 2050.

The potential implications if the U.N. ultimately succeeds in implementing its own global carbon tax are obvious. If this unelected, unaccountable globalist body can levy a carbon tax on Americans, a concept that America’s own elected officials have steadfastly rejected across the terms of the last five U.S. presidents, what would then prevent it from imposing other kinds of taxes on the world to support its ideological goals?

President Trump’s opposition to exactly this kind of international intrusion into America’s domestic policy choices is the reason why he has twice won the presidency, each time de-committing the U.S. from the Paris Climate Accords.

It has become increasingly obvious in recent years that the central goal of the global climate alarm movement is to dramatically raise the cost of all kinds of energy in order to force the masses to live smaller, more restricted lives and make their behavior easier for authoritarian governments to control. This camel’s nose under the tent move by the U.N. to sneak a global carbon tax into reality is just the latest in a long parade of examples that serve as proof points for that thesis.

At some point, U.S. officials must seriously reassess the value proposition in continuing to spend billions of dollars each year supporting and hosting a globalist organization whose every action seems designed to inflict damage on our country and its people. Now would be a good time to do that, in fact.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

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