Juno News - August 26, 2025


Carney announces he will drop all retaliatory tariffs against the Americans

Mentioned
Donald Trump Howard Lutnick Mark Carney Biden
Since 2016, the federal government has added 99,000 bureaucrats Danielle Smith： Ottawa overtaxing Albertans to send money to Liberal-voting Quebec

Episode Stats


Length

1 minute

Words per minute

187.04

Word count

334

Sentence count

6


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Mark Carney's surprise Friday afternoon meeting with President Trump was a surprise to many, but it was no surprise to me. We ve seen this movie before, and it s not surprising that the White House didn t make a deal. But what was surprising is that it happened in the face-to-face.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 What did you make of Mark Carney's Friday afternoon surprise?
00:00:04.200 Well, it wasn't as surprising to me just because we've actually seen this play out twice now.
00:00:09.360 He got in on the elbows-up agenda, as you've been talking about,
00:00:13.560 and then he went a little softer when he came to the Oval Office and talked with Donald Trump face-to-face,
00:00:20.560 which you would assume would be the time you would drop your own retaliatory tariffs
00:00:25.220 and then you'd want to make a deal, and we didn't.
00:00:28.800 And then right after we had that meeting, like a couple of weeks later, we had the digital services tax issue where we tried to implement what was effectively a new tariff on U.S. big tech companies that obviously caused the American negotiators to walk away from the table because even the Biden administration had been telling us not to do that.
00:00:50.260 we had to rescind that to get them to come back to the table and then we failed to negotiate like
00:00:55.580 the the readouts from people like Howard Lutnick and President Trump himself when they were talking
00:01:00.880 about the negotiations with Canada it sounded like we were just in the room and saying hey we're like
00:01:05.920 PB&J we are better together and that's basically our negotiating standpoint that we should just
00:01:11.340 get along we didn't put anything on the table we didn't even make any demands or threats we made
00:01:16.720 we did nothing because even when trump was asked he said what negotiations we're not talking about
00:01:21.620 anything and uh and then now what we're doing and this is why somehow carney keeps triangulating
00:01:28.920 himself the worst position on every issue he's now gotten rid of the retaliatory tariffs just to get
00:01:34.700 back to the table we keep having to make concessions just to make come back to the table
00:01:40.020 so it's the worst way of having to give something up it's not even to get something done it's just
00:01:45.060 for paying the price of admission.