Latest / DEEP INSIGHT / Trump provokes price-hiking trade war with Canada amid an affordability election

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Trump provokes price-hiking trade war with Canada amid an affordability election · DEEP INSIGHT

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  Speaker 1: OK, everyone, with just 70 days till the midterm elections,
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  Speaker 1: Donald Trump's policy strategy to keep Republicans winning appears to
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  Speaker 1: be to make life harder and more expensive for you
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  Speaker 1: and them, make it harder for them, too. I mean, take,
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  Speaker 1: for example, Trump's decision to restart his trade war with Canada.
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  Speaker 1: We were just talking about this with Jim Messina and
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  Speaker 1: Tim Miller, one of, again, our most important trading partners
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  Speaker 1: and one of the most important trading partners to a
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  Speaker 1: lot of states. Over the weekend, after walking away from
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  Speaker 1: trade negotiations, the Trump administration announced a new 50 percent
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  Speaker 1: tariff on Canadian goods. And today, a very pissed off
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  Speaker 1: Canada responded by announcing retaliatory tariffs as high as 50
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  Speaker 1: percent on hundreds of American products, a lot of which
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  Speaker 1: come from states like Maine, Michigan, North Carolina, Ohio and Wisconsin.
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  Speaker 1: You know, the states where voters will go to the
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  Speaker 1: polls in a matter of weeks. Excellent work, Mr. President.
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  Speaker 1: You really, you got him this time. Or how about
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  Speaker 1: Trump's plan to bring down the price of beef from
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  Speaker 1: its near record high? Apparently, Trump's big strategy for that
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  Speaker 1: is to encourage imports of ground beef, 300,000 metric tons
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  Speaker 1: of it, by exempting it from his own tariffs for
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  Speaker 1: 90 days, like some sort of an arsonist promising to
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  Speaker 1: stop pouring gasoline on a fire, but only for a
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  Speaker 1: limited time.
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  Speaker 2: Limited time.
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  Speaker 1: There's also the added fact, and this is very important,
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  Speaker 1: that no one in his administration is willing to say
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  Speaker 1: where this new mystery beef is coming from, just that
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  Speaker 1: it will be cheaper. They promise. Just trust them, of course,
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  Speaker 1: because they're to be trusted. Nor have they factored in
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  Speaker 1: the medium and long term impact on farmers and ranchers
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  Speaker 1: in states that include Iowa, Montana, Nebraska and Texas. And yes,
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  Speaker 1: North Carolina, too. One angry farmer in North Carolina told
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  Speaker 1: Queen City News that he thinks this beef exemption is
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  Speaker 1: pure politics and that Trump is, quote, trying to buy
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  Speaker 1: votes for the midterms. Doing this is not going to
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  Speaker 1: help any rancher or cattle farmer at all. in this country.
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  Speaker 1: Joining me now is the former governor of North Carolina,
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  Speaker 1: Roy Cooper, who is now the Democratic nominee for U.S.
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  Speaker 1: Senate in that state. It's great to see you, Governor.
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  Speaker 1: I just want to start with this renewed trade war
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  Speaker 1: with Canada and how it's going to impact North Carolina.
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  Speaker 1: And I wanted to play for you something that Ontario
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  Speaker 1: Premier Doug Ford said yesterday. You and he have very
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  Speaker 1: different styles, I'm just going to say. But he makes
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  Speaker 1: some interesting points in here. So we'll talk about it
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  Speaker 1: on the other side.
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  Speaker 3: When it comes to the midterms, I have a message
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  Speaker 3: to the Americans. Don't vote in a person that's going
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  Speaker 3: to kill your jobs. He ran on creating more jobs.
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  Speaker 3: Last time I checked, jobs went down in the U.S.
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  Speaker 3: and Ontario created more jobs. He ran on reducing the
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  Speaker 3: cost of living. Last time I checked, Foods are more
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  Speaker 3: expensive down there. Homes are more expensive. And the reason
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  Speaker 3: homes are more expensive because he has a tariff on
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  Speaker 3: our lumber, which 33 percent of all homes that are
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  Speaker 3: built in the U.S. use Canadian lumber.
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  Speaker 1: Again, maybe different styles here, but make some interesting points.
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  Speaker 1: What's your the retaliatory tariffs were announced today. What's your
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  Speaker 1: response to Trump restarting this tariff war with our neighbor
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  Speaker 1: to the north and the and the impact it could
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  Speaker 1: have in a state like North Carolina?
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  Speaker 2: Why are we fighting with Canada? Canada is North Carolina's
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  Speaker 2: number one foreign export country company. It's country. And what
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  Speaker 2: we're seeing is small businesses and farmers getting killed. Pender
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  Speaker 2: and Wilson County already hurt by the cost of fertilizer
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  Speaker 2: and equipment and having a difficult time making a profit.
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  Speaker 2: I was with Ann today, runs Scottish Gourmet USA. The
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  Speaker 2: tariffs are cutting into her profits, which she has very
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  Speaker 2: little now, and the rest of them are being passed
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  Speaker 2: on to consumers. We're hearing it from people. Stuff just
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  Speaker 2: costs too much. My opponent, though, Michael Watley, is going
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  Speaker 2: to do and say whatever this president tells him to
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  Speaker 2: do and say, regardless of whether it's good for the
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  Speaker 2: people of North Carolina or the people of this country.
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  Speaker 2: And he says that prices are going down. He says
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  Speaker 2: that we've defeated inflation. He says that the tariffs are
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  Speaker 2: an important economic tool. We know that that's not true,
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  Speaker 2: and I think the people of North Carolina are going
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  Speaker 2: to see that they're not benefiting from this and, in fact,
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  Speaker 2: are hurting. But what he's going for here is the
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  Speaker 2: money to fuel his campaign. He knows North Carolina is
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  Speaker 2: close and can go either way. The Supreme Court, a
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  Speaker 2: month or so ago, gave them a new tool that
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  Speaker 2: is the worst decision since Citizens United that allows these
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  Speaker 2: joint committees. They're going to funnel this money through and
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  Speaker 2: have unlimited spending. And now they're scheming to get a
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  Speaker 2: discount rate on television advertising for all of it. And so...
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  Speaker 2: His plan is to just overwhelm us. That's why we
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  Speaker 2: need grassroots donations, why we need help here in North
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  Speaker 2: Carolina to make sure we win this race and take
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  Speaker 2: back the Senate majority. People can go to RoyCooper.com, see
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  Speaker 2: our plan to lower prices and to help us out.
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  Speaker 1: I know that in North Carolina, early vote ballots go
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  Speaker 1: out pretty soon in the next two weeks, I believe.
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  Speaker 1: It's the earliest state in the country where those go out.
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  Speaker 1: A lot of people saw this news about the Supreme
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  Speaker 1: Court decision yesterday, and it made them really nervous about
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  Speaker 1: their ability to participate in the process. What are you
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  Speaker 1: telling people about that in North Carolina? What should people
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  Speaker 1: out there understand about their ability to early vote?
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  Speaker 2: People should know that elections are going to be safe
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  Speaker 2: and secure, and they should be ready to vote. But
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  Speaker 2: we know that this potential Supreme Court decision, if they
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  Speaker 2: come back and decided on the merits to allow any
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  Speaker 2: part of this executive order to go forward, it could
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  Speaker 2: potentially throw the election into chaos, particularly when it comes
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  Speaker 2: to absentee ballots in North Carolina. We're already seeing our
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  Speaker 2: Republican-controlled board of elections take steps to make it harder
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  Speaker 2: for people to vote. They have curbed Sunday voting. They
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  Speaker 2: have taken ballot boxes from college campuses, and clearly they're
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  Speaker 2: targeting people that they don't believe are going to vote
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  Speaker 2: for them. So if they get any inkling that this
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  Speaker 2: Supreme Court is going to allow any part of this
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  Speaker 2: executive order on these absentee ballots, then we could potentially
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  Speaker 2: have a problem. But we need people to come out
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  Speaker 2: and vote, and we're going to fight them every step
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  Speaker 2: of the way. And I think you're seeing a lot
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  Speaker 2: of people in North Carolina, particularly on college campuses, are
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  Speaker 2: having a I'll show you attitude. You're not going to
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  Speaker 2: take our vote away. We'll show you. I went to
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  Speaker 2: North Carolina A & T State University, the largest HBCU
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  Speaker 2: in North Carolina. They removed that ballot box from their campus.
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  Speaker 2: But the students are marching to the nearest polling place.
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  Speaker 2: And they're spreading the word that it's really important for
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  Speaker 2: them to get out and vote in this election because
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  Speaker 2: our country needs a course correction. And that's what they
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  Speaker 2: can do in these midterms by putting the checks and
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  Speaker 2: balances back into the Constitution that the framers intended.
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  Speaker 1: Former Governor Roy Cooper, thank you so much for joining me.
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  Speaker 1: I appreciate it.
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  Speaker 2: Thanks, Janet.