QUESTION: I do know you’ve mentioned you disagree with the entire tariff conflict. I imagine you additionally mentioned once you have been right here in Calgary, there was no means even Alberta may or ought to turn out to be the 51st state. Would you touch upon this newest submit of Trump draping the American flag over all of North America?
EP
ANSWER: This complete 51st state nonsense is simply unrealistic. If Alberta grew to become the 51st State, it might disrupt politics for then they’d get two senators and untold congressmen. The Democrats would demand Puerto Rico and Guam be allowed to turn out to be states together with Washington DC. If someway all of Canada and Mexico grew to become a part of america, who is aware of what that might disrupt politically. I think it’d profit the Democrats greater than the Republicans. I couldn’t threaten to flee to Aruba anymore.
So, is Trump simply poking enjoyable at Carney? If he spoke to the State Division, they’d absolutely be screaming are you insane! I’m undecided this may very well be severe even on Trump’s half. The method for a territory to turn out to be a state is established by the U.S. Structure and granted particularly to Congress, not the president.
The particular authority is present in Article IV, Part 3 of the Structure. This part is also known as the “Admissions Clause” and states that “no new State shall be fashioned or erected throughout the Jurisdiction of another State…with out the Consent of the Legislatures of the States involved in addition to of the Congress.”
Due to this fact, Trump I imagine is having enjoyable and he has to know that his meme is completely unattainable. It appears to be extra of a dig at Carney, but it surely was Trump’s rhetoric of creating Canada the 51st State that received Carney elected within the first place. This tariff conflict is absurd and there may be NO RESOLUTION that can profit each side anymore. We have no idea the calls for that really broke the deal since each side level on the different. I can say that Carney’s declare that the deal would limit Canada’s sovereignty by limiting its potential to strike commerce offers with different international locations is absolutely dodgy. That’s the #1 means individuals circumvent tariffs and commerce restrictions. You narrow off commerce with a given nation in order that they reduce a cope with Canada and the merchandise seem to then be Canadian. Mexico now imports extra to USA than China on this kind of association.
Chinese language corporations have been establishing crops in Mexico, and this technique is extensively seen as a option to circumvent U.S. commerce obstacles. Mexico’s location and its commerce settlement with the U.S. make it a horny “nearshoring” vacation spot for Chinese language producers. I helped Japan to cut back its commerce surplus shopping for gold in NYC, exporting to London to resell and this revolving door labored.
If Carney actually killed the deal claiming this impeded on Canada’s sovereignty, I can not imagine he actually believed that when the truth is that’s the #1 option to circumvent commerce points utilized by everybody.
If we look at the numbers, Canada did have a commerce deficit in 2025. The info exhibits that its merchandise commerce deficit widened considerably over the course of the yr. For 2025, the annual merchandise commerce deficit was C$31.3 billion. This was the biggest annual shortfall since 2020 and a considerable improve from the C$7.2 billion deficit recorded in 2024. Specializing in simply the USA & Canada, in U.S. greenback phrases, Canada had a commerce surplus with the USA in 2025 of about $50 billion. This means that others are importing items into Canda creating their commerce deficit total, however are then promoting then to the USA creating the commerce surplus with the USA.
Chinese language-made items are shipped to Canada, relabeled as Canadian, and exported to america with out adequate processing to vary their nation of origin. That is customs fraud whether it is finished to evade U.S. tariffs. U.S. and Canadian authorities have each acknowledged that this happens, though its total scale is troublesome to measure. Not too long ago, U.S. officers have stepped up scrutiny of alleged transshipment. The White Home has claimed that rerouting items by third international locations—together with Canada—is costing billions of {dollars} in misplaced tariff income, and U.S. Customs has elevated enforcement efforts utilizing AI and different investigative instruments.
Carney might imagine he’s defending Canada on this challenge, however an all out commerce conflict with the USA may even lowered the imports from different international locations to bypass commerce restrictions. That is a part of the issue.
Trump’s taunting Canada because the 51st State doesn’t assist issues when it’s unattainable anyway. Then there may be the very challenge of tariffs and jobs. It is a Marxist philosophy however overpaying individuals to maintain jobs means the individuals are subsidizing jobs overpaying employees who ought to get one other job. You do NOT develop a head of lettuce within the Saudi desert importing water and high soil so the fee is $10 a head when you should buy it from another person for 50 cents. You do NOT make American Nice Once more by bringing again overpaid jobs.
Detroit destroyed its auto business like Mandami assuming they’d infinite revenues that they may tax. Not one auto producer was left by 1937 in Detroit. They didn’t go away due to cheaper labor. They left due to taxes. Detroit was bankrupt by 1937. They didn’t honor their money owed till 1963 paying again with cheaper {dollars}.
NYC was as soon as the biggest port within the USA. Between taxes, regulation, and corrupt unions, they chased everybody out to different ports. Till we take a look at the REAL causes manufacture left, you can’t deliver these again to America and they’re exploited by progressives like Mandami. JP Morgan now employs extra individuals exterior of NYC and the monetary Wall Avenue is abandoning NYC all due to Mandami. NYC will likely be a shadow of itself by 2030. Any firm seeking to return MUST go to states with no earnings taxes.
Texas has a Franchise tax (a privilege tax measured by “margin”) Tax Charge 0.375% for retail/wholesale; 0.75% for many different companies whereas Florida has a Company earnings tax 5.5% on internet earnings. In Texas, the Tax Base Taxable margin (based mostly on income, not simply revenue) whereas Florida has a Web earnings (revenue) tax.
Wanting on the Exemption/Threshold, in Texas no tax is due if whole income is at or under $2.65 million. In Florida that may be a $50,000 exemption on internet earnings. For this reason Texas is the #1 place to go for Wall Avenue and companies. The Democrats screwed Florida corporately. They’ll NEVER be taught!!!!!
