EU & Canada's Just Pulled the Trigger U.S. Again -Canada Ditches Trump’s F-35 Deal–Europe Steps In!
#euvscanada #canadajoineu #useconomic #useconomy
In a game-changing move, Canada has officially walked away from Trump’s F-35 fighter jet deal, sending shockwaves through Washington and shaking up the global defense market. With Europe stepping in, the U.S. defense industry is feeling the heat.
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#euvscanada #canadajoineu #useconomic #useconomy
In a game-changing move, Canada has officially walked away from Trump’s F-35 fighter jet deal, sending shockwaves through Washington and shaking up the global defense market. With Europe stepping in, the U.S. defense industry is feeling the heat.
-----------------------------
💬 What do YOU think? Drop a comment below! 👇🔥
✅ All Breaking NEWS: https://www.youtube.com/playlist?list=PL8xdH3S-qbj2KNRmvzb4icZycwshAyrMO
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NewsTranscript
00:00Canada has just cancelled the F-35 deal.
00:03Portugal has also withdrawn.
00:06And now, a move that could change the North American defense landscape.
00:10Comes just two days after a similar decision by Portugal.
00:13In January 2023, the Trudeau administration had signed a contract
00:17with Lockheed Martin to purchase 88 F-35 fighter jets.
00:21Canada has just grabbed the world's attention
00:23by deciding to cancel the 19 billion USD deal
00:26to purchase 88 F-35s from Lockheed Martin.
00:30A deal they signed in 2023.
00:32And it's not just Canada.
00:33Portugal has also announced its Withdrawal from the F-35 program.
00:38These two countries are now seeking alternative defense solutions.
00:42No longer depending on the U.S.
00:43And aiming for independence and protecting national security.
00:46The reason for cancelling this deal is directly tied to the trade
00:49and political tensions between Canada and the U.S.
00:52Especially under the leadership of Donald Trump.
00:55With protectionist policies and severe tariffs,
00:57reliance on the U.S. for defense is no longer a safe option for Canada.
01:02For Portugal, the decision to withdraw from the F-35 program is equally significant.
01:08Portugal's defense minister, Nuno Melo,
01:10pointed out that the instability in U.S. foreign policy under Donald Trump
01:14has made it impossible for them to continue pursuing the plan
01:17to acquire these fighter jets.
01:19The country is now seeking replacement fighter jets
01:22while building a more flexible and independent defense force.
01:25Reducing dependence on traditional partners.
01:28So, if it's not the F-35,
01:30then which fighter jets will replace them in Canada's defense strategy?
01:34One of the most promising options right now is the Saab J39 Gripen.
01:38A product from Sweden.
01:39Saab has proposed building the Gripen in Canada.
01:42Then there's a commitment, a legal commitment to buy those.
01:45But another jet is being talked about a lot, which is the Saab Gripen.
01:49That was the runner-up in the long, long procurement process
01:53to get these F-35s lined up.
01:55And so, and they've committed to make more.
01:58Which would help transfer technology
01:59and develop the domestic defense industry of the country.
02:03This is a great opportunity for Canada to gain more autonomy
02:06in equipping its military and defense systems
02:08while maintaining strong cooperation with NATO countries.
02:12While Canada is looking for these alternative solutions,
02:15the country's defense industry is also growing strongly.
02:19Canada has a defense industry that contributes
02:21about 10 billion Canadian dollars annually to the economy
02:26and creates more than 64,000 jobs.
02:29Companies like General Dynamics Land Systems in Ontario
02:32and CAE Inc. in Montreal are supplying essential military products
02:36for Canada's armed forces and government agencies.
02:40The Canadian government is also accelerating
02:42domestic defense technology development programs,
02:45aiming to reduce dependence on international partners.
02:48On the other hand, the shift in Canada's defense strategy
02:51is not just an internal shift,
02:53but also reflects a broader trend in global military relations.
02:56The European Union, EU, with countries like Germany, France and Italy
03:01has increased defense spending by more than 30% from 2021 to 2024,
03:06reaching approximately 326 billion euros by 2024.
03:10Europe is now looking to reduce reliance on U.S. military systems
03:13while promoting autonomy and developing advanced defense technologies.
03:18The EU's Rear Europe Initiative,
03:20which is expected to raise up to 800 billion euros to invest in defense,
03:25shows Europe's determination to achieve strategic autonomy in military systems.
03:30Canada is also working strongly with European countries
03:33in developing alternative defense solutions and sharing technology.
03:37The military cooperation between Canada and European countries
03:41is becoming an important part of Canada's defense strategy,
03:44helping create a more independent and flexible defense force.
03:48Along with this, European countries are also intensifying initiatives
03:51to ensure defense autonomy,
03:54reducing reliance on external partners outside the region.
03:58Stay tuned for more exciting developments to come.
04:01In February 2025, the U.S. government shocked global markets
04:05by imposing a steep 25% tariff on imports from Mexico and Canada,
04:10igniting a trade conflict unlike anything seen before.
04:13With over 80% of Mexico's exports directed toward the U.S.,
04:16the response from Mexico was not only swift, but also strategic.
04:20And at the center of the storm, the auto industry,
04:24which accounts for 27% of Mexico's export value, now stands at serious risk.
04:28It all began when the U.S. administration tightened trade policies with major partners,
04:33aiming to protect domestic manufacturing and increase border control.
04:36But Mexico is not a minor player.
04:38The country is the top supplier of goods to the U.S.,
04:40and its production network is deeply intertwined with the North American economy.
04:44As soon as the tariffs were announced, Mexico's markets went into shock.
04:48Mexican President Claudia Sheinbaum didn't hold back,
04:51declaring,
04:51We will not accept this imposition.
04:54To reinforce her stance,
04:55Sheinbaum led a massive protest at Zócalo Square in Mexico City.
04:59Tens of thousands of people waved Mexican flags and chanted,
05:03Mexico deserves respect.
05:04But Mexico's response wasn't just emotional.
05:07It was calculated.
05:09The Mexican government quickly engaged in diplomatic efforts
05:11to limit the fallout from the new tariffs.
05:14What followed was a high-stakes game of political and economic maneuvering
05:17that's still unfolding.
05:18Under intense pressure from businesses and the public,
05:20Mexico avoided an immediate escalation by turning to negotiation.
05:24Within weeks, President Sheinbaum met directly with the White House.
05:28The result?
05:29A temporary reprieve.
05:31The U.S. agreed to delay tariffs on goods covered under the USMCA,
05:35United States-Mexico-Canada Agreement, until April 2nd.
05:38Mexico celebrated this as a win, but not a complete one.
05:42The U.S. government refused to lift tariffs on steel and aluminum,
05:46two critical materials for the auto industry.
05:49That decision has left North American automakers scrambling to adjust.
05:53Ford, GM, and Stellantis quickly raised alarms that rising production costs
05:57could lead to higher car prices and potential factory closures.
06:01The question now?
06:02How much damage can the industry absorb before it breaks?
06:05If you're planning to buy a new car soon, you might want to think twice.
06:09Ford has warned that tariffs could push the price of an F-150 truck
06:13up by as much as $12,000.
06:15GM and Stellantis have suggested they may need to reduce production,
06:19or even shut down some plants, to manage rising costs.
06:22Why the chaos?
06:24It comes down to the supply chain.
06:25The North American auto industry relies on an incredibly complex production network.
06:30Some auto parts cross the U.S.-Mexico border
06:32up to eight times before a car is completed.
06:35Every crossing under the new tariff means an extra cost,
06:38and that cost will be passed on to consumers.
06:40Electric vehicles, EVs, aren't immune either.
06:43Batteries, sensors, and electric motors, many sourced from Mexico,
06:46are about to get a lot more expensive.
06:49That's bad news for an industry that's already struggling
06:51to meet demand for affordable EVs.
06:53And it doesn't stop there.
06:55The tariffs have created a domino effect that's shaking the entire economy.
06:58As soon as the tariffs were announced, the financial markets took a hit.
07:01The Dow Jones dropped over 700 points in a matter of days.
07:05Meanwhile, the Mexican peso weakened by 5% against the U.S. dollar,
07:09driving up domestic prices and adding pressure on Mexico's already fragile economy.
07:14But Mexico is not standing still.
07:16The Mexican government is aggressively pursuing new trade deals with Brazil,
07:20China, and other South American countries to reduce dependence on the U.S. market.
07:25These moves could permanently alter trade flows across the Americas.
07:29Mexico has also hit back with retaliatory tariffs on key U.S. agricultural exports.
07:34Corn, soybeans, and avocados, major U.S. exports to Mexico,
07:38are now subject to steep Mexican tariffs.
07:41This is a major blow to farmers in Texas and California,
07:44who are already grappling with rising costs and uncertain market conditions.
07:47This conflict is far from over.
07:49The temporary tariff suspension under USMCA will expire on April 2,
07:53and if no resolution is reached, the full 25% tariffs will take effect across all sectors.
07:58Will Mexico and the U.S. find common ground, or are we headed toward a full-scale trade war?
08:03One thing is certain, the future of North America's auto industry,
08:07and the broader economy, is hanging in the balance.
08:10Stay tuned.
08:11Canada breaking away from the U.S.?
08:13Europe becoming the new partner?
08:15In 2025, trade between Canada and the EU has surged by over 50% in just six years,
08:21while trade relations with the U.S. have hit rock bottom for the first time in decades.
08:26Canada's Prime Minister has not chosen Washington as his first official visit.
08:30Instead, he went straight to Europe.
08:33Is this the moment Canada finally steps away from America's influence?
08:36Trade war.
08:38The U.S. slaps Canada with tariffs.
08:41Once one of the strongest trade relationships in the world,
08:44Canada and the U.S. are now locked in a trade war,
08:46and it all started with Washington's aggressive tariff policies in 2025.
08:50February 1st, 2025.
08:54The U.S. imposed a 25% tariff on most Canadian imports.
08:59March 11th, 2025.
09:02The U.S. doubled tariffs on Canadian steel and aluminum to a staggering 50%,
09:08sending shockwaves through global metal markets.
09:11For Canada, it was an economic nightmare.
09:14But Ottawa wasn't about to sit idly by.
09:17March 12th, 2025.
09:20Canada strikes back, announcing a 25% retaliatory tariff on $21 billion worth of American goods.
09:28And this time?
09:30It wasn't just symbolic.
09:31Canada hit back where it hurts,
09:33targeting steel and aluminum, crippling U.S. exports, consumer goods,
09:37from processed foods to household items.
09:40High-tech products.
09:41A massive industry between the two nations.
09:44For the first time in modern history,
09:46Canada is showing that it no longer relies on the U.S. for economic survival.
09:50And this is where things get even more interesting.
09:53Europe.
09:54Canada's new strategic partner.
09:58In a shocking move, Canadian Prime Minister Mark Carney skipped Washington
10:02altogether in his first official trip and went straight to France and the U.K.
10:05Why?
10:06The CETA trade deal, Canada-EU trade agreement,
10:08has boosted Canada-EU trade by over 50% since 2017.
10:14The EU is now Canada's third-largest trade partner, only behind the U.S. and China.
10:20Canadian exports to the EU have soared 46.4% since 2016,
10:26giving Canada more options than ever before.
10:28Mark Carney himself made it crystal clear.
10:31Canada is the most European nation outside of Europe.
10:34And it's not just about trade.
10:36Canada's pivot to Europe is also about military power.
10:40Canada joins Europe's military alliance.
10:42A shift in global power?
10:44Canada isn't just looking to Europe for economic strength.
10:46It's also making big moves in the military sphere.
10:49Some major developments.
10:50Canada joins the EU's PESCO military project,
10:52allowing faster troop movements across Europe.
10:55Canada leads NATO forces in Latvia,
10:57solidifying its role in defending Europe from external threats.
11:00Canada expands intelligence sharing with the U.K.,
11:03boosting cybersecurity and economic warfare defenses.
11:06For the first time ever, a non-EU nation is participating in PESCO,
11:11proving that Canada is now an essential player in European security.
11:15The message is clear.
11:17Canada is no longer looking only to the U.S. for global leadership.
11:20The U.S. reacts.
11:22But is it losing control?
11:23The White House is not happy.
11:25And Washington is pulling every trick in the book to pull Canada back.
11:29The U.S. has threatened higher auto tariffs,
11:31targeting one of Canada's biggest exports.
11:33Major U.S. corporations have been pressured to reduce business with Canada
11:37in a move to apply economic leverage.
11:38But here's the problem for Washington.
11:40Canadians are done with America's tactics.
11:42A February 2025 Abacus data poll reveals
11:4668% of Canadians view the EU more favorably than the U.S.
11:5144% believe Canada should even consider joining the EU,
11:54something unthinkable a decade ago.
11:56For decades, Canada was America's closest ally.
11:59But now?
12:01The numbers don't lie.
12:04Canadians are looking for a new future.
12:06Final question.
12:07Will America keep Canada or lose it forever?
12:10Canada's shift toward Europe is not just about economics.
12:13It's a geopolitical earthquake.
12:15The U.S. is rapidly losing its grip over a nation it once considered an unshakable ally.
12:19So the real question is,
12:21can Washington turn the tide?
12:23Or is Canada already gone?
12:25The next moves from Washington and Ottawa will determine the future of North America.
12:29And trust me, you won't want to miss what happens next.
12:33Is Trump trying to make Canada the 51st state?
12:36Fierce reactions from the Canadian government and citizens.
12:38On April 2nd, the United States officially imposed tariffs on Canada
12:42targeting steel, aluminum and electricity exports.
12:46Canada immediately retaliated with tariffs on various American products.
12:49But what enraged Canadians the most wasn't just the tariffs.
12:54Donald Trump declared,
12:56To be honest with you, Canada only works as a state.
12:59We don't need anything they have.
13:02Trade tensions.
13:03The U.S. increases pressure on Canada.
13:06On April 2nd, the Trump administration announced new tariffs directly targeting Canada's economy.
13:11This was not the first time the U.S. imposed tariffs on Canada.
13:14But this time, the rates were higher and the scope much broader.
13:17The affected goods included
13:19A 50% tariff on steel and aluminum.
13:22Two of Canada's most critical export industries.
13:24Tariffs on electricity exports from Canada to the U.S.
13:28Significantly increasing energy costs in several American states.
13:32Additional tariffs on consumer goods and raw materials imported from Canada.
13:36The official reason given by Washington?
13:39According to the Trump administration,
13:41one of the key justifications was the fentanyl crisis.
13:45A highly addictive synthetic opioid that has fueled a major public health crisis in the U.S.
13:52Trump accused Canada of being a source of fentanyl entering the U.S.
13:56But a DEA report did not even list Canada as a significant threat.
14:01Ontario Premier Doug Ford immediately sought to negotiate with the U.S. government.
14:06After the meeting, he expressed optimism about the possibility of easing trade tensions.
14:10But in reality, the results were far from what he expected.
14:14The outcome of the meeting?
14:15No changes to Trump's tariff policy.
14:18Canada remained subject to higher tariffs.
14:20All negotiation efforts were dismissed.
14:22This raises a serious question.
14:24Is this truly just a trade issue?
14:26Or is the U.S. using tariffs as a political tool to pressure Canada?
14:30Canada strikes back.
14:32Countermeasures against the U.S.
14:34Refusing to stay passive, Canada quickly implemented strong countermeasures.
14:38Tariffs on strategic American goods.
14:40One of the main targets was Kentucky bourbon,
14:43a deliberate move since bourbon is a key export industry for Kentucky,
14:47a politically influential state in the U.S.
14:50A 25% tariff on electricity exports to the U.S.
14:53Canada is a major electricity supplier to several northern U.S. states.
14:58The tax hike drove up electricity prices in those areas,
15:01increasing costs for businesses and consumers,
15:04strengthening trade partnerships with other markets.
15:07The Canadian government actively sought additional trade agreements
15:10with Europe and Asia to reduce reliance on the U.S. market.
15:15However, as soon as Canada retaliated, the U.S. escalated tensions further.
15:20Immediately after Doug Ford announced the electricity tariff,
15:23Trump raised tariffs on Canadian steel and aluminum to 50%.
15:27If neither side backs down,
15:28could this be the beginning of an all-out trade war between the U.S. and Canada?
15:32Canadian citizens' outrage.
15:34Canadians weren't just angered by the tariffs.
15:37It was Trump's shocking statement that truly sparked national outrage.
15:41Canada can only exist if it becomes a U.S. state.
15:45This remark triggered an immediate and widespread backlash across Canada.
15:49Canadians felt insulted and betrayed.
15:51Government officials viewed this as a serious threat.
15:55Canadian media launched strong criticisms,
15:58and political discussions became more intense than ever.
16:02New Canadian Prime Minister Mark Carney firmly rejected Trump's claim.
16:07That's insane.
16:09Canada will never, under any circumstances, become part of the United States.
16:14Beyond public outcry, some Canadian officials have revealed that they believe Trump
16:19is deliberately trying to weaken Canada's economy to increase its dependence on the U.S.
16:24Experts have also raised critical concerns.
16:28Trump's repeated mention of the 51st state is not just a random statement
16:33but could signal a larger strategic plan.
16:35The U.S. might be testing Canada's reaction to economic pressure.
16:38If the Canadian government fails to respond effectively,
16:40the U.S. could intensify its pressure with even harsher policies.
16:44The most pressing question now is, what is the U.S.'s true objective?
16:48The next developments will be even more intense and could change U.S.-Canada relations forever.
16:54Mexico chooses silence, while Canada responds forcefully.
16:59Which strategy is the key to success when confronting Trump in this trade war?
17:04Canada, under the leadership of the new Prime Minister Mark Carney,
17:06has officially taken a hardline stance against U.S. tariffs.
17:10After Trump imposed a 25% tariff on steel and aluminum imports from Canada,
17:14Ontario immediately retaliated by raising tariffs on elixir exports to the U.S.
17:20President Trump's trade war is heating up.
17:22The Canadian province of Ontario says it will slap a 25% surcharge on electricity
17:29exported to the U.S.
17:30Let's go to CBS News correspondent Chanel Call.
17:32Chanel, great to see you.
17:33This put pressure on important states like New York, Michigan and Minnesota,
17:37forcing Trump to respond.
17:38Mark Carney, who is expected to bring a new wave for Canada,
17:41declared that the country could no longer trust the U.S. and must protect itself.
17:46We will never, ever bow down to a bully.
17:50Canadians will always stick together.
17:52And we won't stand by as tariffs hurt our workers and their families.
17:56And it's not just Carney.
17:57Ontario Premier Doug Ford is also unafraid to confront Trump.
18:01This situation shows a shift in Canada's approach.
18:04They are no longer a silent ally,
18:07but a powerful partner capable of ramping up retaliation strategies when necessary.
18:13The 25% tariff that Ontario imposed on electricity exports to the U.S.
18:17could cost the U.S. economy billions of dollars.
18:20Specifically, New York State relies heavily on electricity from Canada,
18:23according to data from the U.S. Department of Commerce.
18:26The steel and aluminum tariffs reduced Canada's exports to the U.S.
18:29by 4.6 billion U.S. dollars in 2018.
18:34Canada and Mexico are showing two very different strategies in response.
18:38Mexico, under the leadership of President López Obrador,
18:41maintains a discreet diplomatic strategy.
18:43Instead of confronting directly,
18:45Mexico has chosen to negotiate, yield and remain silent to minimize conflict.
18:50Specifically, Mexico does not react as strongly as Canada,
18:53but instead opts for secret negotiations and one-on-one agreements with the U.S.
18:58In contrast, Canada has decided not to remain silent,
19:02and to take bold action from the start.
19:04Mark Carney believes that the silence strategy towards Trump is not the solution.
19:08His prominent statement resonated strongly in the international community.
19:11If we stay silent, Trump will continue to disrespect us.
19:15That's why Canada chose to confront publicly,
19:17retaliate and demand respect from the U.S.
19:20Although Mexico maintained a silent approach,
19:22data from the World Trade Organization, WTO,
19:25shows that Mexico still maintained a stable trade relationship with the U.S.
19:29through discreet negotiations.
19:31Doug Ford, the Premier of Ontario,
19:33played an extremely important role in dealing with the U.S.
19:36when Trump raised tariffs on steel and aluminum.
19:39Doug Ford didn't hesitate to increase electricity tariffs for U.S. states,
19:44particularly New York, Michigan and Minnesota.
19:47This was a strategic move to make the U.S. reconsider its decision.
19:52Is that this move made Trump rethink.
19:54U.S. trade representatives had to meet with the Ontario government for negotiations.
19:58This was a clear shift in how Trump treated Canada compared to Mexico.
20:02This proves that Canada's tough strategy was not in vain.
20:06Canada, under the leadership of Mark Carney and Doug Ford,
20:09has sent a clear message.
20:10If you want to respect us, we will fight for that.
20:13This trade war will continue,
20:14but Canada and Mexico could gain the upper hand
20:16if they continue to apply smart and bold strategies.
20:20Trump will find it difficult to maintain his bullying strategy in a globalized world,
20:24where countries can come together to counter unfair policies.
20:28Stay tuned, because the upcoming developments will leave you shocked.