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Oil may be exempt from Trump Tariffs as Trump says oil “has nothing to do with it”  

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5 minute read

From LifeSiteNews

By  Clare Marie Merkowsky

Trump to impose 25% tariffs on Canada, Mexico this Saturday

U.S. President Donald Trump has confirmed that he will implement 25% tariffs on all imports from Canada and Mexico this Saturday.  

During a January 30 interview, Trump announced that, beginning February 1, he will impose 25% tariffs on all imports from Canada and Mexico while Canada’s Parliament remains suspended thanks to an order by Prime Minister Justin Trudeau. 

“Number one is the people that have poured into our country so horribly and so much,” Trump told media. “Number two are the drugs, fentanyl, and everything else that have come into the country; and, number three are the massive subsidies that we’re giving to Canada and to Mexico in the form of deficits.”  

It’s unclear if Canada’s oil will be exempt from the tariff as Trump told reporters that oil “has nothing to do with it.”  

Trump’s tariffs aim to force Canada and Mexico to take serious action against illegal drug smuggling and immigration which occurs at their borders.    

Initially, the tariff was to take effect on his first day of office, January 20, but was postponed until February 1, leaving Canadians under two weeks to respond to his demands.  

However, because Trudeau prorogued Parliament until March 24, little action has been taken by Canadian politicians to respond to Trump’s threats.  

Trudeau, who is slated to resign once a new Liberal leader is selected, has told Canadians that Liberals are considering all options, including retaliatory tariffs.    

“We will not hesitate to act,” Trudeau said at a meeting of the Council on Canada-U.S. Relations on January 17. “We will respond and, I will say it again, everything is on the table.”    

“Canada is facing a critical challenge. On February 1st we are facing the risk of unjustified 25% tariffs by our largest trading partner that would have damaging consequences across our country,” wrote Poilievre in a news release Tuesday. 

Meanwhile, polls have revealed that 77 percent of Canadians want an immediate election to deal with the tariff threat.   

Ontario Premier Doug Ford has done just that, calling a snap election to take place on February 27. The election, according to Ford, allows him to secure a new “four-year” mandate from Ontario voters to respond to Trump’s tariffs.  

News that the tariffs are to take effect also come after Trump has repeatedly suggested that he would like to annex Canada and make the country the “51st state” of America. 

While Trump’s comments were initially passed over as a joke or trolling, Trump has persistently referred to Canada as the “51st state” and even threatened to use “economic force” to overtake Canada.  

Trump claimed that there is a $200 billion trade deficit between Canada and the U.S. regarding spending on “subsidies” and the fact that the U.S. military is there to also “protect Canada.” 

Just last week, Trump told the World Economic Forum (WEF), “We love Canada, but they might be better off as part of the United States.” He made the comments to suggest that Canada, as a way of avoiding the tariffs he is threatening, should just up and join the United States. 

Trump’s repeated threats have drawn the ire of many Canadians, who boldly tell the president that Canada will remain its own country. Others have warned that the move to annex Canada would bring about the beginning of a one-world government.  

Conservative Party of Canada leader Pierre Poilievre, who is likely to become prime minister in the next election, has had choice words for Trump. He has said Canada will “never” become a U.S. “state.”  

“We are a great and independent country,” he continued. “We are the best friend to the U.S. We spent billions of dollars and hundreds of lives helping Americans retaliate against Al-Qaeda’s 9/11 attacks. We supply the U.S. with billions of dollars of high-quality and totally reliable energy well below market prices. We buy hundreds of billions of dollars of American goods.” 

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Automotive

Auto giant shuts down foreign plants as Trump moves to protect U.S. industry

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MXM logo  MxM News

Quick Hit:

Stellantis is pausing vehicle production at two North American facilities—one in Canada and another in Mexico—following President Donald Trump’s announcement of 25% tariffs on foreign-made cars. The move marks one of the first corporate responses to the administration’s push to bring back American manufacturing.

Key Details:

  • In an email to workers Thursday, Stellantis North America chief Antonio Filosa directly tied the production pause to the new tariffs, writing that the company is “continuing to assess the medium- and long-term effects” but is “temporarily pausing production” at select assembly plants outside the U.S.

  • Production at the Windsor Assembly Plant in Ontario will be paused for two weeks, while the Toluca Assembly Plant in Mexico will be offline for the entire month of April.

  • These plants produce the Chrysler Pacifica minivan, the new Dodge Charger Daytona EV, the Jeep Compass SUV, and the Jeep Wagoneer S EV.

Diving Deeper:

On Wednesday afternoon in the White House Rose Garden, President Trump announced sweeping new tariffs aimed at revitalizing America’s auto manufacturing industry. The 25% tariffs on all imported cars are part of a broader “reciprocal tariffs” strategy, which Trump described as ending decades of globalist trade policies that hollowed out U.S. industry.

Just a day later, Stellantis became the first major automaker to act on the new policy, halting production at two of its international plants. According to an internal email obtained by CNBC, Stellantis North American COO Antonio Filosa said the company is “taking immediate actions” to respond to the tariff policy while continuing to evaluate the broader impact.

“These actions will impact some employees at several of our U.S. powertrain and stamping facilities that support those operations,” Filosa wrote.

The Windsor, Ontario plant, which builds the Chrysler Pacifica and the newly introduced Dodge Charger Daytona EV, will shut down for two weeks. The Toluca facility in Mexico, responsible for the Jeep Compass and Jeep Wagoneer S EV, will suspend operations for the entire month of April.

The move comes as Stellantis continues to face scrutiny for its reliance on low-wage labor in foreign markets. As reported by Breitbart News, the company has spent years shifting production and engineering jobs to countries like Brazil, India, Morocco, and Mexico—often at the expense of American workers. Last year alone, Stellantis cut around 400 U.S.-based engineering positions while ramping up operations overseas.

Meanwhile, General Motors appears to be responding differently. According to Reuters, GM told employees in a webcast Thursday that it will increase production of light-duty trucks at its Fort Wayne, Indiana plant—where it builds the Chevrolet Silverado and GMC Sierra. These models are also assembled in Mexico and Canada, but GM’s decision suggests a shift in production to the U.S. could be underway in light of the tariffs.

As Trump’s trade reset takes effect, more automakers are expected to recalibrate their production strategies—potentially signaling a long-awaited shift away from offshoring and toward rebuilding American industry.

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Business

‘Time To Make The Patient Better’: JD Vance Says ‘Big Transition’ Coming To American Economic Policy

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JD Vance on “Rob Schmitt Tonight” discussing tariff results

 

From the Daily Caller News Foundation

By Hailey Gomez

Vice President JD Vance said Thursday on Newsmax that he believes Americans will “reap the benefits” of the economy as the Trump administration makes a “big transition” on tariffs.

The Dow Jones Industrial Average dropped 1,679.39 points on Thursday, just a day after President Donald Trump announced reciprocal tariffs against nations charging imports from the U.S. On “Rob Schmitt Tonight,” Schmitt asked Vance about the stock market hit, asking how the White House felt about the “Liberation Day” move.

“We’re feeling good. Look, I frankly thought in some ways it could be worse in the markets, because this is a big transition. You saw what the President said earlier today. It’s like a patient who was very sick,” Vance said. “We did the operation, and now it’s time to make the patient better. That’s exactly what we’re doing. We have to remember that for 40 years, we’ve been doing this for 40 years.”

“American economic policy has rewarded people who ship jobs overseas. It’s taxed our workers. It’s made our supply chains more brittle, and it’s made our country less prosperous, less free and less secure,” Vance added.

Vance recalled that one of his children had been sick and needed antibiotics that were not made in the United States. The Vice President called it a “ridiculous thing” that some medicines invented in the country are no longer manufactured domestically.

“That’s fundamentally what this is about. The national security of manufacturing and making the things that we need, from steel to pharmaceuticals, antibiotics, and so forth, but also the good jobs that come along when you have economic policies that reward investing in America, rather than investing in foreign countries,” Vance said.

WATCH:

With a baseline 10% tariff placed on an estimated 60 countries, higher tariffs were applied to nations like China and Israel. For example, China, which has a 67% tariff on U.S. goods, will now face a 34% tariff from the U.S., while Israel, which has a 33% tariff, will face a 17% U.S. tariff.

“One bad day in the stock market, compared to what President Trump said earlier today, and I think he’s right about this. We’re going to have a booming stock market for a long time because we’re reinvesting in the United States of America. More importantly than that, of course, the people in Wall Street have done well,” Vance said.

“We want them to do well. But we care the most about American workers and about American small businesses, and they’re the ones who are really going to benefit from these policies,” Vance said.

The number of factories in the U.S., Vance said, has declined, adding that “millions of workers” have lost their jobs.

“My town [Middletown, Ohio], where you had 10,000 great American steel workers, and my town was one of the lucky ones, now probably has 1,500 steel workers in that factory because you had economic policies that rewarded shipping our jobs to China instead of investing in American workers,” Vance said. “President Trump ran on changing it. He promised he would change it, and now he has. I think Americans are going to reap the benefits.”

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