Mark Slapinski

00:00:00.000 but i think liz what's really happening is the canadian prime minister is playing with fire

00:00:04.240 mark carney's moves as of late have earned him praise and condemnation all over the world

00:00:09.200 recently fox news in the united states aired a segment that was highly critical of the sitting

00:00:13.360 prime minister now mark carney recently made a trade deal with china allowing them to sell their

00:00:18.080 electrical vehicles in canada this move threatens to make a tense situation with the united states

00:00:23.680 even worse while carney claims he's diversifying trade away from the united states to protect

00:00:28.240 canada's economy experts are sounding the alarm warning him to be careful about doing business

00:00:33.920 with communist china this is one of those experts joining us now to talk about this and the

00:00:38.800 ramifications is dr michael pillsbury he's the heritage foundation senior fellow for china

00:00:43.360 strategy and a fox news contributor michael the concern back on liberation day when president

00:00:49.040 trump imposed tariffs on our closest allies including canada was the unintended consequence

00:00:54.880 of pushing our allies into the arms of our rivals is that chicken coming home to roost with this

00:01:01.120 canada china deal well it's a possibility but i think liz what's really happening is the canadian

00:01:07.520 prime minister is playing with fire he's he's essentially taunting president trump that i'm not

00:01:13.520 going to help you with the new order you want i'm going to make my own deal with china and president 0.88

00:01:19.760 trump i think was quite a statesman about this trump quite quickly said i don't oppose you know

00:01:24.800 it's a good if he can get a good deal with china fine go ahead i think this double meaning

00:01:29.520 president trump has there liz is that china doesn't always implement or honor its trade agreements

00:01:37.840 so it's a bit naive of the prime minister of canada to try to make his own deal without

00:01:42.880 coordination with the united states he's probably just going to be taken to the cleaners and

00:01:47.360 embarrassed in front of the voters that's my own forecast he shouldn't be taunting president trump

00:01:52.400 this way they should be dealing with china together and there's he should be the prime 0.96

00:01:58.160 minister of canada should be helping uh his own interest the 75 percent of canada's exports as you

00:02:04.320 know very well go to america so we need to kind of rethink on the part of the canadian prime minister

00:02:11.600 i think before he finds himself punished severely by president trump

00:02:16.000 dr michael pillsbury makes some great points right here donald trump has previously retaliated

00:02:20.640 against canada for going against america's wishes and there's a good chance donald trump will do that

00:02:25.840 again regardless of how people feel about the american president he still holds the cards and

00:02:30.160 trade negotiations in the short and medium term meaning that any wrong moves by carney could severely

00:02:36.400 impact the canadian economy and of course of course the best outcome would be for canada and

00:02:41.600 the united states to put aside their differences and start working together like they were previously

00:02:47.040 however i have reason to suspect that's not going to happen and i'll explain that a bit more later in

00:02:52.160 the video but first listen to what this fox news host had to say a couple of things here you are right

00:02:58.160 the chinese do not adhere to promises that they make 100 that is so obvious however i think the word

00:03:07.680 taunting saying that that uh mark carney is taunting the president some would say michael that it's his

00:03:14.160 only way he sees out he has tried to strike deals with the president who keeps saying oh maybe we could

00:03:19.040 buy canada i mean that's you know when you're sitting there and you're hosting a world leader in the oval

00:03:24.880 office as president trump did mark carney and making that quote joke i mean what is he supposed to do

00:03:32.000 and he's he's really come up against many walls when it comes to the united states so therefore

00:03:37.040 some would argue he just went where he could turn i mean the wall street journal has has an op-ed today

00:03:42.960 in it the headline is trump's lesson in how to turn u.s allies into china's friends and basically if you

00:03:51.680 look at it he says i mean one of the first comment is why mr trump would want to head into midterm

00:03:57.040 elections foisting higher prices on voters worried about affordability is a mystery that's about the

00:04:02.000 greenland threats of tariffs but then they say the sad irony is that china and russia may be the

00:04:08.400 biggest winners though mr trump justifies his greenland necessity in the name of deterring both

00:04:13.440 canada's prime minister bent the knee to xi jinping this past week and britain's prime minister is

00:04:18.720 heading there this month the eu and south american countries have struck a big free trade pack again

00:04:25.280 perhaps they are being forced into this by president trump's constantly shifting tariff threats

00:04:35.440 well the tariff threats are designed to get people who had major countries to change their policies

00:04:42.160 they're it's not done some kind of a tax bill or something that's uh done for pure economic reasons

00:04:48.480 and frankly what president trump would like uh is is more cooperation from other powers uh especially

00:04:56.880 canada in dealing with tariff and trade issues but he got that with the united kingdom they just struck

00:05:03.120 a deal that was too much fanfare making a huge deal of that and the uk parliament was expected i think

00:05:10.880 in the next couple of days to approve it and now he threatens them with the rest of those european

00:05:16.640 union countries of course the uk is not a member of the eu now but with new tariffs of 10 percent to 25

00:05:24.160 right because he has this new idea about greenland

00:05:30.320 uh i consider myself a friend of president trump i think i know he's thinking very well

00:05:35.360 he's thought about tariffs as a political source of leverage since about 1987. he did it with japan he

00:05:42.400 was quite focused on the role of tariffs as a political instrument as i said before not pure

00:05:48.160 economics or some kind of attacks so what is happening now is if you if you look more carefully

00:05:54.480 than many have done the canadian prime minister's actual words he gave a speech in beijing he gave a

00:06:00.240 speech in gutter he's talking about the world order that there's now instability he's hinting pretty

00:06:06.880 strongly that president trump is upsetting the entire world order and so he the humble prime

00:06:13.280 minister of canada has to do something about that i think that's fundamentally wrong if he wants to

00:06:18.720 criticize trump's approach to the new world order he should do it face to face with president trump

00:06:24.320 this kind of public attack on his biggest ally in the export market is just unwise and he may pay

00:06:30.160 a price in the polls and to be fair this is an incredibly risky move by carney if canadians feel

00:06:35.600 that the economy is worse off and carney was responsible for making it worse off that's going

00:06:40.960 to hurt him in the next election perhaps ironically if america chooses to retaliate against carney

00:06:45.760 over this new trade deal that could actually help conservatives in the long run it's going to hurt

00:06:50.960 canada in the short term but it could help us conservatives in the long run carney was mostly

00:06:55.440 elected to get a deal with trump so if he proves that he cannot get a deal with trump his voters

00:07:00.560 are not going to be happy i'll tell you it'll be interesting to see as things get more expensive

00:07:05.360 if these tariffs do go into place it'll it's really something that we have to watch by the

00:07:10.560 way the chinese the chinese love to see us squabbling among our allies you know what i'm a

00:07:16.720 frequent visiting china but president trump is the one squabbling and yet he rolls out the red carpet

00:07:23.120 for vladimir putin of russia and instead then starts threatening greenland i mean you understand how

00:07:28.800 this is perceived i think at the end of another year or two we're going to see some real accomplishments

00:07:37.680 by trump and people will look back and see oh my god he applied leverage very cleverly to get these

00:07:44.320 agreements we didn't see it at the time what we saw is the rhetoric and who's getting along and the

00:07:50.080 wall street journal you know saying you're turning off your allies trump wants to get results if you

00:07:56.000 look at his career in new york he was focused on results the bottom line how you get there

00:08:00.880 is you use leverage so that's what we're seeing today i i hope to see you again liz in two years

00:08:06.240 and talk about this sooner sooner than that my friend you know you know i got a brain crush on you

00:08:11.360 michael my dear michael pillsbury thank you so much for coming on so to start off i want to commend that

00:08:17.040 fox news host if you know anything about fox news they're usually a hundred percent pro trump

00:08:22.080 so it was nice to see a bit of pushback from that host right there so going back to dr pillsbury the

00:08:26.640 guy speaking in this video i think there is genuine concerns on both sides and of course everybody would

00:08:32.560 like to see canada and america go back to the same trading relationship they had back in 24. now i think

00:08:38.160 the biggest criticism that anybody could make and conservatives can take this point is that carney

00:08:42.880 clearly misled canadians he misled voters about his ability to deal with donald trump he was supposed to

00:08:48.320 get a good deal with donald trump and last time i checked there's no deal however donald trump doesn't

00:08:53.520 appear to be acting in good faith himself he has said multiple times that america doesn't need anything

00:08:58.320 that canada has then at the same time he also says that he wants to make us the 51st state on top of

00:09:04.400 that he has indicated that he's not interested in renegotiating kuzma which means that a trade deal

00:09:09.680 might not even be possible now i really want my viewers to understand this donald trump's recent

00:09:14.480 comments about greenland all that does is push people away from the united states and pushes them

00:09:19.760 into the hands of people like carney unless donald trump knocks this off it's unlikely that we're

00:09:24.400 going to get a conservative government in canada anytime soon but that's not to say i don't have

00:09:28.640 faith in polyev and i don't expect him to win i still think he's going to be the next prime minister

00:09:33.040 of canada but unfortunately it's probably going to take a little bit more time than i previously

00:09:37.680 expected i also think that if polyev was in power he would have done a better job negotiating with trump

00:09:43.040 he would have been more aggressive in trying to secure a deal and explaining to trump why a good

00:09:47.760 relationship between canada and the usa is good for both parties and at the same time he would

00:09:53.280 have been more aggressive in pushing forward natural resource development projects in pipelines now on

00:09:58.800 one hand i don't want conservatives to lose hope and i want to remind you all we need to hang in there

00:10:04.000 but on the other hand i also want to point out that the biggest hindrance to a conservative

00:10:08.000 government in canada right now is donald trump let's keep our fingers crossed that this whole

00:10:12.320 issue with greenland and denmark gets resolved and it gets resolved peacefully and it gets resolved

00:10:17.280 fast i don't know what's gotten into donald trump as of late but he needs to stop threatening to invade

00:10:22.880 his allies especially over an isolated ice sheet that doesn't make any sense and that needs to stop

00:10:29.120 so once again fingers crossed that's all we can really do right now thanks for tuning in

00:10:34.240 i love you all talk to you soon patriots

Kevin O'Leary SLAMS Carney On Live TV

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