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Date
Summary
Navarro on Canadian tariffs not happening tomorrow (clip)
Subjects
Source
CNBC

Name: CNBC

URL: http://www.cnbc.com/

Show
Closing Bell: Overtime (CNBC)

Name: Closing Bell: Overtime (CNBC)

URL: https://www.cnbc.com/closing-bell-overtime/

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Event
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Not online media
Original recording
Uploaded
03/11/2025 03:23 pm
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Video
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MP4 (1280x720) Use clipper to adjust file type
Duration
0:00:44
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Transcript
RUSH TRANSCRIPT Spring day ░░░░░░░░ bullishness is in the ░░░░░░░░ at least at the ░░░░░░░░ House I can assure ░░░░░░░░ of that So what ░░░░░░░░ bullishness look like Are ░░░░░░░░ doubling of aluminum and ░░░░░░░░ tariffs on Canadian imports ░░░░░░░░ going to happen now ░░░░░░░░ yeah what happened was ░░░░░░░░ premier of Ontario a ░░░░░░░░ of Canada independently decided ░░░░░░░░ put a surcharge on ░░░░░░░░ power to the us ░░░░░░░░ 25 and made some ░░░░░░░░ provocative statements The president ░░░░░░░░ not going to stand ░░░░░░░░ any of that And ░░░░░░░░ heads prevailed I mean ░░░░░░░░ soon as you look ░░░░░░░░ that the fight itself ░░░░░░░░ mean a 25 surcharge ░░░░░░░░ electricity sounds like a ░░░░░░░░ deal to America But ░░░░░░░░ you parse it out ░░░░░░░░ only affected three states ░░░░░░░░ Minnesota and New York ░░░░░░░░ was a nothing burger ░░░░░░░░ for Michigan and Minnesota ░░░░░░░░ a little tiny burger ░░░░░░░░ New York And this ░░░░░░░░ s firing these big ░░░░░░░░ at us and he ░░░░░░░░ a bazooka back at ░░░░░░░░ and cooler heads prevailed ░░░░░░░░ would just ask my ░░░░░░░░ in Canada to let ░░░░░░░░ let s tamp down ░░░░░░░░ rhetoric I understand politics ░░░░░░░░ it s a political ░░░░░░░░ there What we re ░░░░░░░░ to do Morgan is ░░░░░░░░ is level the playing ░░░░░░░░ internationally And with respect ░░░░░░░░ the specific tariffs that ░░░░░░░░ into effect on Canada ░░░░░░░░ Mexico we re trying ░░░░░░░░ stop the Canadians and ░░░░░░░░ from killing Americans with ░░░░░░░░ and fentanyl that spreads ░░░░░░░░ our prescription drug chain ░░░░░░░░ we want to keep ░░░░░░░░ this in perspective but ░░░░░░░░ bounced off the lows ░░░░░░░░ if you look look ░░░░░░░░ if you look even ░░░░░░░░ term long term it ░░░░░░░░ a beautiful bullish scenario ░░░░░░░░ we re coming out ░░░░░░░░ a very bearish set ░░░░░░░░ factors imposed by the ░░░░░░░░ regime that are both ░░░░░░░░ and stagflationary that we ░░░░░░░░ trying to fight our ░░░░░░░░ through and we got ░░░░░░░░ work our way through ░░░░░░░░ if you want But ░░░░░░░░ s kind of where ░░░░░░░░ are at Yeah but ░░░░░░░░ future is so bright ░░░░░░░░ need shades here particularly ░░░░░░░░ these lights So Peter ░░░░░░░░ that mean That we ░░░░░░░░ not going to see ░░░░░░░░ tariffs come tomorrow on ░░░░░░░░ and aluminum Yeah Correct ░░░░░░░░ that that s secretary ░░░░░░░░ commerce letnick did did ░░░░░░░░ beautiful job in negotiating ░░░░░░░░ But but frankly the ░░░░░░░░ he s been I ░░░░░░░░ look just tamp it ░░░░░░░░ please Over there okay ░░░░░░░░ throwing down the hockey ░░░░░░░░ and that stop that ░░░░░░░░ And let s just ░░░░░░░░ at what we re ░░░░░░░░ to do We love ░░░░░░░░ But look there s ░░░░░░░░ big issues there And ░░░░░░░░ re not going to ░░░░░░░░ anything but them stopping ░░░░░░░░ Americans and
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