WEBVTT - Trump's Canada Showdown plus the DSA Attack on JD Vance's Wife

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<v Speaker 1>And mister President, it has taken a lot of people

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<v Speaker 1>to make this happen.

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<v Speaker 2>Why was it important to you to bring IndyCar to

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<v Speaker 2>the streets of DC.

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<v Speaker 3>Well, Rogers told me they've been trying to do it

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<v Speaker 3>for twenty years, and he'd come down. I think he

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<v Speaker 3>said he was down two hundred and eleven times to

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<v Speaker 3>try and get it done, and when he came to

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<v Speaker 3>see Trumpet got done in about fifteen minutes, and it

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<v Speaker 3>turned out to be much bigger than we ever even

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<v Speaker 3>thought possible.

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<v Speaker 4>You're listening to the forty seven Morning Update with Ben ferguson.

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<v Speaker 2>Good Monday morning.

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<v Speaker 5>Nice have you with us on the forty seven Morning Update,

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<v Speaker 5>and we've got two very big stories for you.

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<v Speaker 2>First up at.

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<v Speaker 5>Trade war with Canada, Donald Trump saying Canada's taking advantage

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<v Speaker 5>of the US for far too long and we're not

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<v Speaker 5>gonna make a bad deal.

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<v Speaker 2>So what does this mean for goods? We'll explain it

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<v Speaker 2>to you.

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<v Speaker 5>Up next, a shockingly vile attack from l Sieed, the

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<v Speaker 5>Democratic Socialist candidate against the Vice President, Jade Vance's wife.

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<v Speaker 5>Why is he attacking the first lady? We'll break that

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<v Speaker 5>down for you as well, But first I want to

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<v Speaker 5>tell you about calsh she the twenty twenty six primaries

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<v Speaker 5>are taking shape, and you can trade the biggest political

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<v Speaker 5>races on Calshet. On Calshi, you can trade major primaries,

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<v Speaker 5>election outcomes, and the biggest political storylines as they happen.

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<v Speaker 5>You look at the elections right now, We've got so

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<v Speaker 5>many different options on different things that you can trade on.

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<v Speaker 5>For example, will the Clarity Act become law before July first,

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<v Speaker 5>twenty twenty seven, it's at forty one percent. Before October

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<v Speaker 5>of twenty twenty seven, it's at fifty four percent. You

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<v Speaker 5>can trade on who will be Trump's next Press secretary.

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<v Speaker 5>Scott Jennings right now is at forty three percent, Anna

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<v Speaker 5>Kelly at eighteen, Margo Martin is six percent. And that

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<v Speaker 5>is just some of the fun that you can have

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<v Speaker 5>right now on Calshet. Now, the US elections, well there's

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<v Speaker 5>one that I look at every day. Well, Ken Paxton

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<v Speaker 5>defeat Taller Rico. Now right now, Paxson's currently trading at

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<v Speaker 5>fifty three percent, meaning one hundred dollars trade would pay

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<v Speaker 5>out one hundred and seventy nine dollars if he beats

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<v Speaker 5>tall Rico. Now, on Councy, you're trading against peers in

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<v Speaker 5>a live market, meaning there's no house and as the

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<v Speaker 5>probability changes, you can buy in and out of your position.

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<v Speaker 5>So download the Calshey app and use the code ben.

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<v Speaker 5>anything promo code BEN.

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<v Speaker 1>Eighteen plus only. Restrictions and eligibility requirements apply. Event contract

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<v Speaker 1>trading involves risk and may not be suitable for all investors.

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<v Speaker 1>Calshi products are not available in all jurisdictions. Prices, values,

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<v Speaker 1>and available markets may differ from those mentioned. For more information,

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<v Speaker 1>see Kalshi dot com, slash regulatory.

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<v Speaker 5>It's a forty seven morning update and it starts right now.

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<v Speaker 4>Story number one.

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<v Speaker 5>We are now being told that the trade talks between

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<v Speaker 5>the United States and Canada have collapse. It was a

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<v Speaker 5>very simple story, very clear that this was a collapse

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<v Speaker 5>of the conversation.

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<v Speaker 2>Here's how it was on Fox News.

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<v Speaker 6>Trade talks between the US, US and Canada collapsing overnight,

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<v Speaker 6>A fifty percent tariff on twenty billion dollars with the

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<v Speaker 6>Canadian goods taking effect at midnight. The Trump administration says

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<v Speaker 6>Canada walked away from a deal that would affect tariffs

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<v Speaker 6>on deal aluminum, autos, and lumber. Now Canada is promising

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<v Speaker 6>to hit back dollar for dollar, raising the stakes in

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<v Speaker 6>a major fight with one of America's closest trading partners.

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<v Speaker 5>Now, President Donald Trump is making it very clear Canada

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<v Speaker 5>is not going to get any special treatment, as he

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<v Speaker 5>described it, simply because it is America's neighbor. The President

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<v Speaker 5>is saying, no, We're not going to allow that to happen.

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<v Speaker 5>So let me explain what just happened. Over the last

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<v Speaker 5>several days. President Trump temporarily paused a new round of

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<v Speaker 5>massive terriffs against Canada because he believed a deal was

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<v Speaker 5>essentially finished. Trump announced that the pause was based on

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<v Speaker 5>the fact that Canada, the United States, and his words

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<v Speaker 5>have a deal, but the deal never got crossed the

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<v Speaker 5>finish lawn and negotiations collapse on Friday. Both sides are,

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<v Speaker 5>of course now pointing the finger at one another, and

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<v Speaker 5>the Trump administration is now saying Canada came back at

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<v Speaker 5>the last minute with demands that the United.

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<v Speaker 2>States simply wasn't willing to accept.

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<v Speaker 5>Canada, of course, says that Donald Trump and Washington was

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<v Speaker 5>demanding concessions that threatened Canadian sovereignty and its ability to

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<v Speaker 5>make its own trade decisions. And President Trumpets essentially said enough.

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<v Speaker 5>The United States has now imposed fifty percent tariffs on

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<v Speaker 5>roughly twenty billion worth of Canadian products. Now these aren't

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<v Speaker 5>hypothetical tariffs. They are now in effect. And we're talking

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<v Speaker 5>about Canadian goods ranging from wine and other alcoholic beverages,

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<v Speaker 5>to dairy products, to textiles, to electronics, to paper products,

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<v Speaker 5>to honey, even hockey equipment. Now, these new duties also

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<v Speaker 5>go beyond some of the protections that previously existed under

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<v Speaker 5>the USMCA trade agreement. Now, why is Donald Trump doing

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<v Speaker 5>this is a question that a lot of people were asking. Well,

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<v Speaker 5>the White House's argument is extremely straightforward. The Trump administration

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<v Speaker 5>has said Canada has spent protecting parts of its economy

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<v Speaker 5>while expecting largely unrestricted access to the enormous American consumer market.

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<v Speaker 5>Take alcohol, for example. The White House using this over

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<v Speaker 5>the weekend, and they pointed out that beginning in March

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<v Speaker 5>of twenty twenty five, Canadian provinces and territories stopped purchasinger

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<v Speaker 5>selling American alcoholic beverages Ontario pulled US products from its

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<v Speaker 5>government controlled liquor system, and then Quebec took similar action.

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<v Speaker 5>Now some provinces subsequently reversed course, but most did not.

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<v Speaker 5>Then you have dairy Canada's supply management system has been

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<v Speaker 5>long a source of friction with American farmers. Then you

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<v Speaker 5>look at automobiles, then you look at steel and aluminum.

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<v Speaker 5>And the Trump Administration's basic position is this, you cannot

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<v Speaker 5>restrict American products and protect Canadian industries and then demand

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<v Speaker 5>unlimited access to America's markets and to American consumers. Now,

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<v Speaker 5>the White House says that fifty percent tariffs are specifically

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<v Speaker 5>intended to offset what it calls Canada's discriminatory treatment of

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<v Speaker 5>American commerce and trade. And Trump is approaching this from

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<v Speaker 5>a position he has maintained for years. America has the

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<v Speaker 5>biggest consumer market in the world. Access to our American

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<v Speaker 5>market has tremendous value to anyone else in the world.

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<v Speaker 5>And if another country wants access to the US, then

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<v Speaker 5>President Trump believes that America should use that leverage to

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<v Speaker 5>demand reciprocal treatment, a fair deal. Let's be clear, reciprocal

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<v Speaker 5>treatment for American workers and American businesses. Now, Canada, they

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<v Speaker 5>now say they are not backing down on this at all.

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<v Speaker 5>The Canadian Prime Minister Carney has announced so that Canada

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<v Speaker 5>will retaliate at dollar for dollar beginning September the eighth.

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<v Speaker 5>Canada plans tariffs against American goods, including products involving steel, dairy, electronics,

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<v Speaker 5>and agricultural equipment. Carney is calling Trump's tariffs and an

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<v Speaker 5>economic attack, and then said Canada will not surrender it

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<v Speaker 5>sovereignty simply to reach a deal with Washington, and that

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<v Speaker 5>means we now have something very different from a negotiating threat.

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<v Speaker 5>We potentially have an actual North American trade war. Now,

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<v Speaker 5>you got to remember how economically connected we are. And

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<v Speaker 5>I'm saying this is you know, whether you're Canadian listening

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<v Speaker 5>to this or American listening to this, we are absolutely interconnected.

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<v Speaker 5>The United States and Canada don't simply sell finished products

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<v Speaker 5>to each other. Our manufacturing systems are very much intertwined.

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<v Speaker 5>And this is going to be a problem for both countries.

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<v Speaker 5>All right, Components can cross the border, go into another product,

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<v Speaker 5>cross back again, and eventually end up in a finished

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<v Speaker 5>vehicle or piece of machinery. That happens all the time.

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<v Speaker 5>By the way, same thing happens with Mexico. So when

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<v Speaker 5>you start putting fifty percent tariffs on products moving across

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<v Speaker 5>the border, businesses now have to make a serious decision.

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<v Speaker 5>Do you absorb the cost number one? Do you raise

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<v Speaker 5>the price for consumers number two? Or do you find

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<v Speaker 5>another supplier number three? And this is the outcome that

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<v Speaker 5>President Trump wants. Do they move production into the United

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<v Speaker 5>States of America instead of having it in Canada. Now,

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<v Speaker 5>if you need the American business more you need the

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<v Speaker 5>Canadian business, are you gonna move those manufacturing companies into

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<v Speaker 5>the US so you don't have to deal with this

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<v Speaker 5>trade tariff and paying these tariffs with the United State,

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<v Speaker 5>with Canada and the US right Like, that's a simple question,

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<v Speaker 5>and the present's betting on the answer is going to

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<v Speaker 5>be fine, We'll move to America. Now, this is a

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<v Speaker 5>strategic gamble, no doubt, but it's one that is based

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<v Speaker 5>in Trump's tear policy and the presidents that he won

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<v Speaker 5>CEOs looking at a fifty per tariff and saying this,

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<v Speaker 5>why am I manufacturing this in Canada when I could

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<v Speaker 5>be building it in Michigan, Ohio, Pennsylvania, Texas, Tennessee and

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<v Speaker 5>avoid the tariffs all together? And the White House is

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<v Speaker 5>already pointing by the way to reshoring this announcement in

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<v Speaker 5>the automobile industry as evidence that Donald Trump's broader trade

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<v Speaker 5>strategy is influencing corporate investment decisions, and that has certainly

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<v Speaker 5>been a real thing in America. There's also the other

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<v Speaker 5>side of this, right Canada is very angry right now.

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<v Speaker 5>Canada is very mad. And how much leverage do they

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<v Speaker 5>have over the United States of America. Not near as much.

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<v Speaker 5>They have a smaller economy, they don't have as much manufacturing.

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<v Speaker 5>They have a lot of goods that they need to

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<v Speaker 5>export into America. And so when you look at what

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<v Speaker 5>they are doing right now, the question is who flinches first.

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<v Speaker 5>Donald Trump believes Canada will flinch first. I actually believe

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<v Speaker 5>there's an extremely good chance that that is exactly what

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<v Speaker 5>is going to happen, that Canada is going to flinch first.

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<v Speaker 2>Now.

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<v Speaker 5>The President is also made it clear that Canada's just

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<v Speaker 5>been taking advantage of US for far too long, and

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<v Speaker 5>this goes back to his trade negotiations.

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<v Speaker 2>All over the world.

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<v Speaker 5>There are too many countries that were taking advantage of

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<v Speaker 5>the US and getting full access to US, to the

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<v Speaker 5>United States of America while giving us limited or no

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<v Speaker 5>access to their consumers. The President saying, I just want

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<v Speaker 5>a fair playing field, that's all I want.

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<v Speaker 2>And what did they say in Canada? No.

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<v Speaker 5>Now, they may be used to America being pretty darn weak.

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<v Speaker 5>They may be used to America being kind of woosy

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<v Speaker 5>on trade negotiations, and they may be hoping that that's

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<v Speaker 5>exactly what's going to happen, that the President will flinch.

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<v Speaker 5>I don't believe that he's going to flinch. I think

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<v Speaker 5>he's dug in and it's based on principal an a

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<v Speaker 5>policy that makes sense for Americans.

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<v Speaker 2>This is why a lot of people voted for Donald

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<v Speaker 2>Trump in the first place.

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<v Speaker 4>Now, story number two, there is another.

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<v Speaker 5>Example that I want to tell you about right now

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<v Speaker 5>about just how extreme and how radical the DSA actually is.

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<v Speaker 5>Now you have to look no further this time into

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<v Speaker 5>and to just deal with a basic headline, and it

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<v Speaker 5>is one that if you are a conservative, this should

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<v Speaker 5>terrify you that we are now at this point where

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<v Speaker 5>this is where the Democratic Party has gone. You look

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<v Speaker 5>in a guy by the name of Abdul l said,

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<v Speaker 5>he is now out there attacking jd Vance's marriage. Why

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<v Speaker 5>on Earth would a Senate Democratic candidate attack Jadvance's marriage

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<v Speaker 5>his wife? Well, it is all because of something that

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<v Speaker 5>jd Vance said. Now, I'm going to play for you

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<v Speaker 5>what jd Vance said so that you understand exactly what

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<v Speaker 5>he said before I tell you what El Said's response was,

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<v Speaker 5>and it was violent, grotesque, and also extremely racist.

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<v Speaker 2>Here is Jeddie.

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<v Speaker 5>Vance in his own words, and then you'll understand how

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<v Speaker 5>egregious this is.

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<v Speaker 7>It's sometimes actually hard to understand, like what do these

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<v Speaker 7>modern Democrats actually stand for? But look what they say.

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<v Speaker 7>Pay close attention and they'll lead these little hints of

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<v Speaker 7>what they actually care about. Now, hey, l say ed

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<v Speaker 7>this guy running for Senate in Michigan. He once argued

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<v Speaker 7>not too long ago that criticisms of sharia law were

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<v Speaker 7>rooted in white supremacy. I'd love to go back in

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<v Speaker 7>time and tell my papal that there's a man who

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<v Speaker 7>claims to stand for working people, who says, not only

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<v Speaker 7>should we have sharia law, but if you criticize it,

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<v Speaker 7>you're a white supremacist. That's not my patpal's Democrat party,

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<v Speaker 7>my friends, all.

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<v Speaker 5>Right, so let's talk about why that story is important.

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<v Speaker 5>What Jeddie Vance is doing is he's reminding people that

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<v Speaker 5>the Democratic Party has become so extreme that Democrats of

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<v Speaker 5>yesterday would not even wreckognize their party today. I believe

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<v Speaker 5>JFK would be a Republican today. I think there's a

0:13:05.400 --> 0:13:08.280
<v Speaker 5>chance Bill Clinton of the nineteen nineties would be a

0:13:08.320 --> 0:13:12.920
<v Speaker 5>Republican today. That is how extreme the left has gone.

0:13:14.280 --> 0:13:18.480
<v Speaker 5>And el Said has lost his mind over those comments.

0:13:19.160 --> 0:13:22.120
<v Speaker 5>In a social media post over the weekend, al Said wrote,

0:13:22.320 --> 0:13:26.280
<v Speaker 5>so do we think JD is taking Usha? That's his

0:13:26.360 --> 0:13:29.320
<v Speaker 5>wife all right? The second lady with him back in

0:13:29.360 --> 0:13:34.800
<v Speaker 5>time to meet Papa or no, with a link to

0:13:34.920 --> 0:13:38.920
<v Speaker 5>that video. Now, Vance's wife, Usha and her family are Hindu,

0:13:39.120 --> 0:13:41.600
<v Speaker 5>so this is not only a racist statement, but is

0:13:41.800 --> 0:13:46.960
<v Speaker 5>an incredibly nasty statement coming from Alsaid. And by the way,

0:13:47.160 --> 0:13:50.480
<v Speaker 5>they're Hindu and they would not impose real law on Americans.

0:13:50.960 --> 0:13:54.040
<v Speaker 5>That is another part of this conversation because Alsaid has

0:13:54.080 --> 0:13:58.000
<v Speaker 5>refused not only to apologize for his racist remarks about

0:13:58.080 --> 0:14:01.360
<v Speaker 5>Vance's wife and family, but it's also important to note

0:14:01.400 --> 0:14:05.480
<v Speaker 5>that Elsaid's campaign has confirmed that he actually complies with

0:14:05.520 --> 0:14:08.880
<v Speaker 5>Sree law in his personal life. Now, this all comes

0:14:08.880 --> 0:14:12.280
<v Speaker 5>from a comment from nine when he described it as

0:14:12.320 --> 0:14:15.760
<v Speaker 5>being himself as being quote in his religion is a

0:14:15.960 --> 0:14:20.880
<v Speaker 5>lifelong obligation, say later respond to Vance's comments during an interview,

0:14:20.880 --> 0:14:23.440
<v Speaker 5>setting quote, He's painting this picture of going back in

0:14:23.480 --> 0:14:26.760
<v Speaker 5>time to talk to his papa about me. Now, why

0:14:26.920 --> 0:14:29.680
<v Speaker 5>is he pointing to me? Why is don Trump pointing

0:14:29.720 --> 0:14:32.760
<v Speaker 5>to me? They're pointing to me to try and say

0:14:32.800 --> 0:14:36.520
<v Speaker 5>somehow I'm less of an American than they are. What

0:14:36.560 --> 0:14:38.400
<v Speaker 5>does that have to do with this? I don't know

0:14:39.200 --> 0:14:42.320
<v Speaker 5>the color of my skin, how I pray, question mark.

0:14:42.960 --> 0:14:45.240
<v Speaker 5>But the confusing thing about it is that he thinks

0:14:45.400 --> 0:14:48.320
<v Speaker 5>there are some people who are more American than others

0:14:48.400 --> 0:14:53.520
<v Speaker 5>because they can point to their papa who was here earlier. Now,

0:14:53.840 --> 0:14:57.320
<v Speaker 5>obviously that's not even close to what Vance was talking about.

0:14:57.360 --> 0:14:59.720
<v Speaker 5>What he was saying was the Democratic Party has become

0:14:59.760 --> 0:15:03.160
<v Speaker 5>so radical that is papaal, who is a Democrat, would

0:15:03.200 --> 0:15:06.280
<v Speaker 5>not recognize it. He then goes on, I'll say to

0:15:06.320 --> 0:15:09.800
<v Speaker 5>ask this question quote, and my question to him, referring

0:15:09.800 --> 0:15:12.440
<v Speaker 5>to Vance, is simply, why is it how do you

0:15:12.440 --> 0:15:15.840
<v Speaker 5>look your parents in laws in the eye and say

0:15:15.880 --> 0:15:19.560
<v Speaker 5>that somehow they're less American than you are? Because that's

0:15:19.560 --> 0:15:22.000
<v Speaker 5>what he's implying here. That's by the way, not what

0:15:22.120 --> 0:15:25.400
<v Speaker 5>JD Vance implied at all. That goes back to the

0:15:25.520 --> 0:15:27.240
<v Speaker 5>racist statement that has been put out.

0:15:27.160 --> 0:15:28.000
<v Speaker 2>There by L said.

0:15:29.040 --> 0:15:32.960
<v Speaker 5>Now, this is a very very very very very tight race.

0:15:34.000 --> 0:15:37.120
<v Speaker 5>You look at the most recent pulling Michigan's Republican Senate

0:15:37.160 --> 0:15:40.360
<v Speaker 5>candidate Mike Rodgers and lsaid divertually tied in the general

0:15:40.360 --> 0:15:45.480
<v Speaker 5>election race. Lsaid, now is doing everything he can to

0:15:45.560 --> 0:15:49.080
<v Speaker 5>try to undermine JD. Vans, undermine the president, and undermine

0:15:49.160 --> 0:15:52.800
<v Speaker 5>Mike Rodgers. And so what he's saying is, Hey, I'm

0:15:52.800 --> 0:15:55.760
<v Speaker 5>going to go after the wife of JD. Vance and

0:15:55.920 --> 0:16:00.440
<v Speaker 5>her religion and the color of her skin and then say, oh, well,

0:16:00.480 --> 0:16:04.160
<v Speaker 5>I guess somehow Republicans are racist, Like that's pretty funny. Well,

0:16:04.240 --> 0:16:07.120
<v Speaker 5>let me also remind you of L said when he

0:16:07.200 --> 0:16:09.000
<v Speaker 5>said this in an interview as well.

0:16:09.240 --> 0:16:12.480
<v Speaker 8>Well, you know, Jesus' Peace and Blessings be upon him

0:16:12.760 --> 0:16:16.760
<v Speaker 8>was considered radical in his time too, and there is

0:16:16.880 --> 0:16:21.840
<v Speaker 8>a radical nature to being willing to stand forthright in

0:16:21.880 --> 0:16:22.640
<v Speaker 8>a time of corruption.

0:16:23.720 --> 0:16:27.120
<v Speaker 5>Southside says that Jesus was radical, so therefore it's you

0:16:27.200 --> 0:16:28.720
<v Speaker 5>should support me because.

0:16:28.480 --> 0:16:31.560
<v Speaker 2>I'm a radical. He's admitting that he is a radical.

0:16:31.800 --> 0:16:34.800
<v Speaker 2>Is alness. By the way, it's very different than what.

0:16:35.160 --> 0:16:39.360
<v Speaker 5>Jesus believed in let's just point that out as well.

0:16:39.680 --> 0:16:42.360
<v Speaker 4>Thank you for listening to the forty seven Morning Update

0:16:42.520 --> 0:16:46.600
<v Speaker 4>with Ben Ferguson. Please make sure you hit subscribe wherever

0:16:46.640 --> 0:16:49.680
<v Speaker 4>you're listening to this podcast right now and for more

0:16:49.720 --> 0:16:53.480
<v Speaker 4>in depth news, also subscribe to the Ben Ferguson podcast

0:16:53.720 --> 0:16:55.520
<v Speaker 4>and we will see you back here tomorrow