Economy
Heritage Foundation president tells Davos: Future Trump admin must reject all WEF ideas

Heritage Foundation President Kevin Roberts at the World Economic Forum meeting in Davos
From LifeSiteNews
The Heritage Foundation’s Kevin Roberts said that everyone in the next administration must ‘compile a list of everything that’s ever been proposed at the World Economic Forum’ and object to ‘all of them, wholesale.’
The president of the conservative Heritage Foundation in said in his appearance at Davos that the next Republican administration needs to reject “everything that’s ever been proposed at the World Economic Forum.”
Kevin Roberts, head of the Heritage Foundation, the leading conservative think tank in the U.S., said during a panel discussion called “What to Expect from a Possible Republican Administration?” that “the kind of person who will come into the next conservative administration is going to be governed by one principle and that is destroying the grasp that political elites and unelected technocrats have over the average person.”
BREAKING – @Heritage President @KevinRobertsTX calls out globalist elites at WEF
He said the next Republican administration needs to “compile a list of everything that’s ever been proposed at the World Economic Forum and object [to] all of them, wholesale.” #WEF24 pic.twitter.com/DXmlZUoCOA
— Andreas Wailzer (@Andreas_Wailzer) January 18, 2024
“And if I may, I will be candid and say that the agenda that every single member of the administration needs to have is to compile a list of everything that’s ever been proposed at the World Economic Forum and object [to] all of them, wholesale.”
“Anyone not prepared to do that and take away this power of the unelected bureaucrats and give it back to the American people in unprepared to be part of the next conservative administration.”
Trump admin will ‘trust the science’ and reject push of gender ideology
Roberts said that the idea that the WEF is defending “liberal democracy” and the suggestion that Trump would be a “dictator” are both “laughable.”
My message to the self-appointed global elites: Your time is up. pic.twitter.com/Wj2Bntjztz
— Kevin Roberts (@KevinRobertsTX) January 18, 2024
“Whoever is the next conservative president is going to take on the power of the elites,” he declared.
“Political elites tell the average people on three or four or five issues, that the reality is X, when in fact reality is Y.”
Roberts went on to list five things as examples that President Trump will take on if he is elected:
“Take immigration: elites tell us that open borders and even illegal immigration are okay, the average person tells us in the United States that both rob them of the American way of life.”
“Elites also tell us that public safety isn’t a problem in American cities. Just travel to New York or Washington or Dallas, Texas. The average person will tell you that the lack of public safety damages not just the American way of life but their life.”
“Thirdly, I guess the favorite at the World Economic Forum, is climate change. Elites tell us that we have this existential crisis with so-called ‘climate change,’ so much so that climate alarmism is probably the greatest cause for [the] mental health crisis in the world. The solutions, the average person knows, based on climate change are far worse and more harmful and cost more human lives, especially in Europe during the time that you need heating, than to the problems themselves.”
“The fourth: China. The number one adversary not just to the United States but to free people on planet Earth. Not only do we at Davos not say that, we give the Chinese Communist Party a platform. Count on President Trump ending that nonsense.”
“And fifth, another supernational organization, the World Health Organization, is discussing foisting gender ideology upon [the] Global South. These are practices that are under review if not being rejected, by countries in Northern Europe.”,
“The new president, especially if it is President Trump, will, as you like to say, ‘trust the science.’ He will understand the basic biological reality of manhood and womanhood.”
“I think President Trump, if in fact he wins a second term, is going to be inspired by the wise words of Javier Milei, who said that he was in power not to guide sheep but to awaken lions,” Roberts concluded.
Roberts: ‘I’ll probably never be invited back’ to the WEF
In a video published on his X account shortly before his appearance in Davos, Roberts said that “for too long, the self-appointed globalist elites at the World Economic Forum in Davos Switzerland have lorded over you and me.”
This morning, I'll be joining #WEF24 to usher the Davoisie into early retirement. Tune in live at 10:15 a.m. EST.
🔗: https://t.co/VIJtdayL8b pic.twitter.com/Oozlr19HmW
— Kevin Roberts (@KevinRobertsTX) January 18, 2024
“And you’ll never guess, the president of the Heritage Foundation was invited this year to go, and against my preference, I’m going, on your behalf, to read those people the riot act.”
“Their time of lording over us has come to an end, whether it’s COVID lockdowns, riding over there in their beautiful fancy private jets while lecturing us at the same time, sometimes while on the plane, that climate change is an existential threat.”
“I’m going to talk about all of it. I’ll probably never be invited back, but considering I never wanted to go in the first place, I look forward to it.”
Business
Canada may escape the worst as Trump declares America’s economic independence with Liberation Day tariffs

MxM News
Quick Hit:
On Wednesday, President Trump declared a national emergency to implement a sweeping 10% baseline tariff on all imported goods, calling it a “Declaration of Economic Independence.” Trump said the tariffs would revitalize the domestic economy, declaring that, “April 2, 2025, will forever be remembered as the day American industry was reborn.”
Key Details:
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The baseline 10% tariff will take effect Saturday, while targeted “reciprocal” tariffs—20% on the EU, 24% on Japan, and 17% on Israel—begin April 9th. Trump also imposed 25% tariffs on most Canadian and Mexican goods, as well as on all foreign-made cars and auto parts, effective early Thursday.
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Trump justified the policy by citing foreign trade restrictions and long-standing deficits. He pointed to policies in Australia, the EU, Japan, and South Korea as examples of protectionist barriers that unfairly harm American workers and industries.
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The White House estimates the 10% tariff could generate $200 billion in revenue over the next decade. Officials say the added funds would help reduce the federal deficit while giving the U.S. stronger leverage in negotiations with countries running large trade surpluses.
Diving Deeper:
President Trump on Wednesday unveiled a broad new tariff policy affecting every imported product into the United States, marking what he described as the beginning of a new economic era. Declaring a national emergency from the White House Rose Garden, the president announced a new 10% baseline tariff on all imports, alongside steeper country-specific tariffs targeting longstanding trade imbalances.
“This is our Declaration of Economic Independence,” Trump said. “Factories will come roaring back into our country — and you see it happening already.”
The tariffs, which take effect Saturday, represent a substantial increase from the pre-Trump average U.S. tariff rate and are part of what the administration is calling “Liberation Day” for American industry. Reciprocal tariffs kick in April 9th, with the administration detailing specific rates—20% for the European Union, 24% for Japan, and 17% for Israel—based on calculations tied to bilateral trade deficits.
“From 1789 to 1913, we were a tariff-backed nation,” Trump said. “The United States was proportionately the wealthiest it has ever been.” He criticized the establishment of the income tax in 1913 and blamed the 1929 economic collapse on a departure from tariff-based policies.
To underscore the move’s long-anticipated nature, Trump noted he had been warning about unfair trade for decades. “If you look at my old speeches, where I was young and very handsome… I’d be talking about how we were being ripped off by these countries,” he quipped.
The president also used the moment to renew his push for broader economic reforms, urging Congress to eliminate federal taxes on tips, overtime pay, and Social Security benefits. He also proposed allowing Americans to write off interest on domestic auto loans.
Critics of the plan warned it could raise prices for consumers, noting inflation has already risen 22% under the Biden administration. However, Trump pointed to low inflation during his first term—when he imposed more targeted tariffs—as proof his strategy can work without sparking runaway costs.
White House officials reportedly described the new baseline rate as a guardrail against countries attempting to game the system. One official explained the methodology behind the reciprocal tariffs: “The trade deficit that we have with any given country is the sum of all trade practices, the sum of all cheating,” adding that the tariffs are “half of what they could be” because “the president is lenient and he wants to be kind to the world.”
In addition to Wednesday’s sweeping changes, Trump’s administration recently imposed a 25% tariff on Chinese goods tied to fentanyl smuggling and another 25% on steel and aluminum imports—revoking previous carve-outs for countries like Brazil and South Korea. Future tariffs on semiconductors, pharmaceuticals, and raw materials such as copper and lumber are reportedly under consideration.
Trump closed his remarks with a message to foreign leaders: “To all of the foreign presidents, prime ministers, kings, queens, ambassadors… I say, ‘Terminate your own tariffs, drop your barriers.’” He declared April 2nd “the day America’s destiny was reclaimed” and promised, “This will indeed be the golden age of America.”
2025 Federal Election
Three cheers for Poilievre’s alcohol tax cut

By Franco Terrazzano
The Canadian Taxpayers Federation applauds Conservative Party Leader Pierre Poilievre’s commitment to end and reverse the alcohol escalator tax.
“Poilievre just promised major alcohol tax cuts and taxpayers will cheers to that,” said Franco Terrazzano, CTF Federal Director. “Poilievre’s tax cut will save Canadians money every time they have a cold one with a buddy or enjoy a glass of Pinot with their better half and it will give Canadians brewers, distillers and wineries a fighting chance against tariffs.”
Today, federal alcohol taxes increased by two per cent, costing taxpayers about $40 million this year, according to Beer Canada.
Poilievre announced a Conservative government “will axe the escalator tax on wine, beer and spirits back to 2017 levels, ending the automatic annual tax increases.”
The alcohol escalator tax has automatically increased excise taxes on beer, wine and spirits every year, without a vote in Parliament, since 2017. The alcohol escalator tax has cost taxpayers more than $900 million since being imposed, according to Beer Canada.
Taxes from multiple levels of government account for about half of the price of alcohol.
Meanwhile, tariffs are hitting the industry hard. Brewers have described the tariffs as “Armageddon for craft brewing.”
“Automatic tax hikes are undemocratic, uncompetitive and unaffordable and they need to stop,” Terrazzano said. “If politicians think Canadians aren’t paying enough tax, they should at least have the spine to vote on the tax increase.
“Poilievre is right to end the escalator tax and all party leaders should commit to making life more affordable for Canadian consumers and businesses by ending the undemocratic alcohol tax hikes.”
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