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Home»Analysis»🇨🇦🇺🇸 The Fed doesn’t know what’s coming with Trump’s potential tariffs looming.
Analysis

🇨🇦🇺🇸 The Fed doesn’t know what’s coming with Trump’s potential tariffs looming.

By ITM TRADING, INC.May 7, 2026Updated:June 3, 202612 Comments3 Mins Read
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“The best thing for Canadians right now is for the idiot king to step aside, call an election, and move forward,” says Kevin O’Leary, aka Mr. Wonderful, in an exclusive interview with Daniela Cambone. He adds that neither Mark Carney nor Chrystia Freeland would be suitable for the next leadership role. O’Leary also criticizes Gerald Butts, whom he believes was behind Trudeau’s policies for the past nine years and is now assisting Carney in the election. “Gerald Butts is the antichrist of Canada. He’ll wipe out the economy as he started doing with his very negative policy on resources, which stopped fund flows into Canada.” Mr. Wonderful also warns that the upcoming 25% tariffs on Canada would devastate 17 U.S. states that heavily rely on energy from Alberta, causing economic harm on both sides.

📖 FREE REPORT: The biggest threats to your wealth in 2025—what’s coming and how experts are preparing. Get it now at danioutlook2025.com

📞 ACT NOW, BEFORE IT’S TOO LATE: Kevin O’Leary warns of rising global tensions, a collapsing middle class, and the fall of the dollar. Gold is your best safeguard in uncertain times. Protect your future with physical gold and silver today: or call 866-706-9061

“ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things.” – Kristen W.

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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.

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Alberta oil Bitcoin regulation Canadian economy Canadian elections central bank digital currency Coming conservative economics cryptocurrency adoption Daniela Cambone digital currency doesnt economic union energy trade Fed federal reserve financial markets Gerald Butts global trade policies gold and silver investing inflation crisis jerome powell kevin oleary looming NAFTA 3 potential tariffs Trudeau policies Trump administration Trumps U.S. energy dependence U.S. tariffs U.S.-Canada trade Whats
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    12 Comments

    1. @joeboule-f8k on May 7, 2026 11:18 pm

      the idiot king lol

      Reply
    2. @01abihsot on May 7, 2026 11:18 pm

      People of both countries are clowns if you tariff both countries 25% so it’s equal it means nothing it off sets the only people to make money on this are rich businesses who can now up their price by 30% and then laugh all the way to the bank while the citizens pay it doesn’t hurt either country only the end user instead of a pandemic to raise prices their using tariffs

      Reply
    3. @jumfgdg on May 7, 2026 11:18 pm

      Makes sense to elect a mini-Trump. I am not in agreement with Mr. O’Leary.

      Reply
    4. @TnrtRW on May 7, 2026 11:18 pm

      O Leary is a traitor,a snake,would sell his soul for 30 pieces of silver 😢

      Reply
    5. @mrme3717 on May 7, 2026 11:18 pm

      Here's a short list of the symptoms of  currency creation exclusively as debt bearing interest.

      1. You can never pay enough tax. It is impossible to repay the national debt,  so your never going to get value out of paying tax and you'll never be able to pay enough.
      This guarantees that regardless of the political party or individual you elect,  they will be coming after you for more, and more, and more, and more, Every  Single Time  you handle the Debt instrument,  and even if you don't,  they will tax the land you think you own, the food you eat,  and now the carbon you generate.  But it will  NEVER be enough.
      You, are the sheep,  being sheered,  not once per year, but daily hourly.
      One way out is to trade in Silver and Gold,  and another is to elect independent representatives who will specifically act to outlaw land tax, as their first priority.
      (Note, Be aware that what is happening is EXACTLY the principle taught by the original Rothschild Banker,  who said  "l care not who makes the laws of the land,  so long as I control the currency.  ')

      2. The practice of a Central banks securing the Exclusive franchise to create ALL new Currency as Fiat Debt institutes the formation of 3 classes in society .
      1. The uber rich and reasonable wealthy. 2. The struggling middle class, 3. The poor.
      This then pits the classes against one another, and this causes a 2 party political system in All fiat debt countries,  instead of individual representation as it should be. Policies are made behind closed doors, generally a squabble over the symptoms, while   the people are occupied and plied with bread and circuses  (welfare, sport, football, the Olympics,)
      which the struggling workers and middle class pay for,  and basically the people argue amongst themselves while the bankers shear and slaughter them.
      It makes for a weak, divided,  cynical,  dissipated, unhappy disconnected ignorant people,  who argue over where the deck chairs should be on the titanic.  Men tend to disconnect because they see their voice is pointless.  They are no longer vibrant thinking individuals,  they need the radio going at work all day to drown out their conciousness of the futality of their thoughts and lives.

      3. Unaffordable real estate is caused by zero limitation on the new debt created.
      You,  your children,  and grandchildren will be serfs paying rent forever.  What you can afford to scrape together on 2 wages for 30 years, paying 2.5 times its cost and 5 times its real value is slapped up souless chipboard,  and plasterboard, that falls apart and needs replacing every 40 years. And you'll be paying the bankers for the privilege in onerous land taxes, or thrown out to sleep and live in the weather, while your taxes rise to pay child care costs while you both work and the child is now the property of the state, to be indoctrinated as the state sees fit, you are only the cheque book paying for everything.

      4. Whenever you purchase something,  all the excessive taxes and real estate prices are built into everything you purchase.

      5. All labour intensive jobs will be exported to as yet less debt encumbered countries with as yet cheaper real estate.  This includes manufacturing.  So all skills that build a nation disappear, you don't have a job,  your children don't have work or any hope of stable employment,  and if you can't maintain the treadmill, you get to join the poor. This creates friction between employers and employees,  and between nations, and you wonder why dictatorships like China and Russia look at our ' democracy ' or ' capitalism ' and don't want it ? Because it's neither representative government or capitalism,  it's debt serfdom.

      6. This above symptom means less productivity , so less tax take,  so the few who are productive are taxed higher. The grist mill grinds you into ill health and an early grave, you have less family time,  and you become disconnected from your children,  who do 90% of their emotional growth at 'school ' . Your looked down  on, held in contempt,  'It's just my old man or old lady, ' and you wonder why we get cynical? I don't.

      7. All the above is like a meat grinder, an accelerating tread mill, a 'rat race.' And once on it, people hardly have the time to think. They do not know why it is this way, only that they cannot seem to get ahead,  but they try, and they look at the symptoms and change their vote to address the symptoms,  Never the cause. Hope is crushed, health is lost.

      8. All this contributes to the rising suicide rate, divorce rate, unemployment rates, family breakdown, single parents,  children from broken homes,  the crime rate goes up,  and people who would otherwise work honestly are tempted to crime.
      These symptoms then drive the need for more social welfare programs, prisons, laws upon laws upon laes, criminalising normal daily  life,
      and so we need either more debt currency printing  or higher taxes, but guess what,  your going to get BOTH.
      And don't forget,  all the currency created is a debt bearing interest,  so it's all going back to the creator's,  with interest,  so you end up with less than you started with  (and your subject to an unnatural ' business  cycle ' which isnt a business cycle at all,  it's a noose for you neck) which causes we the people to scramble with each other for the diminishing currency in the system while it purchases less and less and less !

      9. The food you eat must be made ever cheaper and faster,  to feed the monetary gods, and so it's garbage, wall to wall garbage, and sugar, because sugar is a cheap additive that addicts you.  So you have hyped up children,  dumbed down children,  obesity rates rise, and guess what,  they need drugs, they are on the spectrum,  1 in 10 is on medication,  and big pharmaceutical,  that other cancer upon society take you for a ride to your grave.

      Depressed  yet ?

      That not all, that's just a few easily visible symptoms. 

      We haven't mentioned the throw away polluting society because the high cost of real estate means we can't pay the wages to fix something,  we haven't mentioned how this grapes and pollutes the planet,  we haven't mentioned how the government inserts itself into Every Single  Contract, and makes it not worth working.  We haven't mentioned that debt systems constantly need a supply of unindebted new borrowers,  so we dilute the wonderful differences of cultures between nations with mass immigration,  which will most likely lead to civil wars.
      Are you starting to see the root cause of 80 +% of your nations problems ?
      Got Gold and Silver  yet ?

      Reply
    6. @tracycameron5099 on May 7, 2026 11:18 pm

      Thankyou

      Reply
    7. @Billy-uo7xo on May 7, 2026 11:18 pm

      If Canadians could vote in us elections trump would be gone does he want that?

      Reply
    8. @hm1040 on May 7, 2026 11:18 pm

      A concession was made!

      Reply
    9. @MikeFlynn-ob2lw on May 7, 2026 11:18 pm

      Great idea for an economic union between both countries. Unfortunately the idiots we elect and the bureaucrats they hire couldn’t negotiate a fair deal for paper clips without messing it up.

      Reply
    10. @Inflatableorc on May 7, 2026 11:18 pm

      "I don't have to hire pollsters I can just poll my 10m followers and say, what do you think". He's joking right? surely he understands that only polling his followers would introduce a bias in results. Maybe I'm just not getting what he's saying here.

      Reply
    11. @markuliano741 on May 7, 2026 11:18 pm

      Come on Daniela you and I and the guy in front of you know that it's all a big f**** show they all know what's going on. That being said thank you for all the great work you do.

      Reply
    12. @wjgoh653 on May 7, 2026 11:18 pm

      Trump will make favorable tariff concessios with the NEW coservative Government. But not with the socialist buffoons presently in control

      Reply
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