the war against fossil fuels is going to keep gas higher and higher. energy exploded in this report, now up 33% over the past 12 months. there are a number of they just doubled the tariff on soft wood lumber, so that s going to go into the higher price of housing. i don t think there s anything here. but most of all, most of all you don t want to be spending more when you have an inflation problem. so i m just saying their micro policies are going to raise costs in a number of key areas. but in the aggregate overall, you re going to fight inflation by spending another whatever, my estimate was $4-5 trillion, i guess the cbo came out and said on a 10-year basis it s $3 billion. $3 trillion is too much. $2 trillion is too much. $1 trillion would be too much. save america, kill the bill. that s not the way to conquer
here are u.s. tariffs. here are canada s tariffs. they are lowest tariffs. we have biggest tariffs? what does that mean? what does that mean? so what you re saying is we put a higher tariff on things that are imported here than they do on things that are imported there. we have more access to them than they have to us. for people at home, these are hard numbers. these are government numbers. this is from the world bank. this is world bank numbers. that s a leftest, communist, globalist smoking freaks. one minute. one chart. go. then we ll sum it up. look what happens when you put tariffs on. these tariffs that were put on in november on trump on soft wood lumber coming from canada. that will hurt the canadians. yes, it has well no. look what s happened to lumber prices in the u.s. they re up 27% since this happened. in canada, right? no, in america. but we re trying to hurt
canada. well, we re hurting ourselves. oh my god. is the picture different for hardwood lumber than soft wood lumber. shut up. really quickly, this is important because this is what we ve been saying all along, this is what republicans used to say. this is what conservatives used to say. tariffs end up hurting the working class and the middle class more than anybody else. and this donald trump tariff tax is hurting working class americans. average increase in home prices projected by the home builders, $6,388 in the cost of building a house because of these tariffs. so to summarize seriously. seriously. canada has much lower tariffs than the united states of america. we are not running a trade surplus a trade deficit with canada, we are running a trade surplus. it is the canadians who are running a trade deficit with us. and dairy, we are also running a huge trade surplus with canada, and it is a infy tes mall part
thank you, sean. yesterday, he met with secretary ross and the governor of kentuc kentucky. the governor said that he needs good quality they need good quality soft wood lumber. is the president open to discussions. you mean with respect to canada? yes, i think they ve made it clear they want to get a better deal for our country. i understand the governor s point. we re going to continue to work through the proper channels and dispute resolution settlement, and make sure the concerns we have are settled correctly through the mechanism that
it s a real pleasure. so first, were you given any advanced notice of the decision to slap those tariffs on canada? yes, absolutely, we were. it s important, fareed, on the soft wood lumber dispute to get this in historical perspective and in perspective in terms of the overall trading relationship. soft wood lumber is something that canada and the united states have been talking about since the 1880s, so this is not a new discussion between canada and the united states. it s very familiar. it s also soft wood lumber is just 2% of canada s overall exports to the united states. now, in this particular issue, i have to respectfully say we think the administration is completely wrong. we think those duties are punitive and unfair. in all of the previous disputes, canada has won at every single