CHINESE SUPREMACY: O'Leary warns of severe consequences if US-Canada trade war continues

About this video

• Video Title: CHINESE SUPREMACY: O'Leary warns of severe consequences if US-Canada trade war continues
• Channel: Fox Business
• Speakers: Kevin O'Leary, Stuart
• Duration: 00:05:08

Overview

This video discusses the implications of a potential US-Canada trade war and the control of TikTok's algorithms. Kevin O'Leary warns about Chinese global ambitions in commerce and military might, emphasizing the need for the US and Canada to cooperate economically to counter this threat. The conversation also touches on the current status of TikTok's algorithm control by Oracle and the political dynamics between Canada and the US.

Key takeaways

• TikTok Algorithm Control: While Oracle is involved in securing TikTok's code, it's unclear if Americans fully control the algorithms, with concerns about the potential use of Chinese propaganda on the platform.
• US-Canada Trade Relations: Donald Trump has stated he will not resume trade talks with Canada, which O'Leary believes is detrimental to both economies.
• Canadian Political Landscape: The video highlights the complexities of Canadian politics, with the Prime Minister needing to manage various provincial leaders, including Doug Ford, who is perceived as being in a "PR war" with Trump.
• Chinese Global Ambitions: O'Leary asserts that China's ultimate goal is world supremacy in commerce and military power, and that the US and Canada need to collaborate to maintain their economic standing.
• Economic Interdependence: The economies of the US and Canada are seen as crucial for countering Chinese influence, with Canada's resources and the US market forming a powerful combination.