TRUMP vs CHINA vs CANADA: What the War on Trade & Taxes Means for Your Wallet | Tax & Money Show Ep. 49

Tom Broderick
Jun 22
2 min read

Global economic warfare is underway—and your bank account is caught in the middle.

In Episode 49 of The Tax & Money Show, Kevin J. Johnston teams up with Rob Anders, Canada’s top banking insider, to break down the financial chaos behind the headlines. From Trump’s new tariffs to Canada’s broken tax system, this episode reveals what mainstream media won’t:

This is a war on the middle class—and your money is on the front lines.

Watch the full episode to understand how international politics and domestic taxation are draining your wealth—and what you can do to fight back.

How Tariffs Trigger Inflation—and Why You’re Paying for It

With Trump pushing for new tariffs on China, Mexico, and Canada, the ripple effect is clear:

Higher import taxes = higher retail prices
Canadian businesses reliant on U.S. trade are already feeling the squeeze
China’s retaliation is targeting agriculture, tech, and oil—all critical to North America’s supply chain

🔎 According to the Fraser Institute, every 1% increase in trade tariffs can increase household costs by up to 1.4% annually.

Kevin and Rob explain:

How tariffs weaponize trade and punish small businesses
Why consumers in both Canada and the U.S. lose
How to shield your wealth by diversifying assets and reducing taxable exposure

How Left-Wing Policies Crush the Middle Class

Kevin calls out the economic hypocrisy of high-tax governments:

More taxes, but fewer services
Endless regulation that hurts business owners
Inflation disguised as “green” spending

Canada’s federal debt crossed $1.2 trillion in 2024, and inflation-adjusted incomes have declined for four straight years. (Source: Statistics Canada)

In this episode, learn:

Why the government always gets paid—but you don’t
How to legally reduce your income tax to almost zero
How big banks and CRA policies work together to suppress wealth mobility

The Banking System is Rigged—And Here's How You Break Free

Rob Anders unpacks the manipulation behind bank interest rates, mortgages, and credit:

How inflation is artificially controlled through bank-political collusion
Why interest rates are weaponized against borrowers
What you can do to keep more of your cash—legally

“The banks get bailouts. You get tax bills.”

Kevin and Rob offer strategic advice on:

Using crypto and non-bank financial tools
Structuring personal and business accounts to protect your capital
Getting out from under compound debt traps

The CRA Hopes You Don’t See This Episode

Kevin doesn’t mince words:

“The CRA is designed to keep you broke while MPs retire rich.”

This episode outlines:

How to leverage the Taxpayer Bill of Rights to push back
Why audits are strategic intimidation—not justice
The biggest legal tax strategies that the wealthy use but the CRA won’t tell you about