PJ The Belt - June 03, 2026


Trump Just CAUGHT Canada's PM BETRAYING America..


Episode Stats


Length

8 minutes

Words per minute

159.5

Word count

1,351

Sentence count

80

Harmful content

Hate speech

8

sentences flagged


Summary

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

The U.S. President Donald Trump is threatening 100% tariffs on Canadian goods if the federal government goes through with a new trade deal with China. Andrew Yang and Peter Armstrong discuss the implications for Canada s economy and national security.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 And so your prime minister signed a secret MOU with our mortal enemy.
00:00:06.960 U.S. President Donald Trump is threatening 100% tariffs on Canadian goods
00:00:11.040 if the federal government goes through with a new trade deal with China.
00:00:14.640 The president took to truth social writing, quote,
00:00:17.100 if Governor Carney thinks he's going to make Canada a drop-off port for China
00:00:21.140 to send goods and products to the United States, he is sorely mistaken.
00:00:25.260 Mr. President, if you were to work under the assumption that you're serious about making Canada
00:00:31.380 51st state of the United States, you're considering military force to acquire Panama
00:00:37.060 and Greenland. Are you also considering military force to annex and acquire Panama?
00:00:42.000 No. Economic force. Because Canada and the United States, that would really be something.
00:00:49.400 You get rid of that artificially drawn line, and you take a look at what that looks like,
00:00:54.500 and it would also be much better for national security.
00:00:57.260 Don't forget, we basically protect Canada.
00:00:59.600 Okay, things are getting very tense
00:01:02.040 between the United States and Canada right now.
00:01:04.660 And when I say Canada's on the verge
00:01:06.500 of an all-out American intervention,
00:01:09.060 I'm not only talking about trade here,
00:01:11.500 I'm referring to a full-blown economic
00:01:14.120 and national security escalation
00:01:16.840 that is happening in real time.
00:01:19.300 Let's be clear, American policy in this hemisphere
00:01:22.600 has one clear objective. 0.98
00:01:24.500 keep chinese influence out of the continent what happened in venezuela is a case study 0.86
00:01:30.340 chinese economic leverage led to political and security challenges the united states cannot 0.89
00:01:36.740 afford that same pattern north of its border and president trump is pushing a national security
00:01:42.660 agenda like nothing we've seen before from the greenland deal which canada publicly opposed
00:01:49.220 to this latest 100 percent tariff threats if canada continues down this path
00:01:55.060 trump isn't just talking economics he's talking security and potentially military posture and
00:02:02.820 carne's strategic causing up with china both for political leverage and possible personal gains
00:02:09.780 is turning canada into a potential national security threat in the eyes of washington
00:02:16.300 That 51st state post by the U.S. president is a reference to Canada's GDP data issued last Friday.
00:02:22.660 The figure showed Canada's economy shrinking for two straight quarters.
00:02:26.740 The definition of a technical recession.
00:02:29.420 But just how bad a shape is the economy in?
00:02:32.740 Let's bring in the CDC's senior business reporter, Peter Armstrong.
00:02:35.840 He joins me in studio.
00:02:36.840 So, Peter, you know, we were talking in our meetings, sort of having, we hear the rhetoric.
00:02:40.680 We hear both Mark Carney.
00:02:42.140 We hear Pierre Paliyev.
00:02:43.160 We hear the political rhetoric about whether or not this country is in rough shape.
00:02:47.840 What we want to know is, is it?
00:02:50.080 What is the state of Canada's economy right now?
00:02:53.660 Are we going through a rough patch?
00:02:55.160 Oh, I mean, yes, a million percent.
00:02:57.540 And what's frustrating in this, Andrew, is if you zoom out and sort of remove yourself from the politics that surround Parliament Hill, they're both right.
00:03:05.380 Canada's economy is weak.
00:03:06.740 It has been weak.
00:03:07.800 It is weak now.
00:03:08.720 It is forecasted to be weak for the rest of this year.
00:03:11.340 where it's weak. It has been an incredibly tough year. Right. And we hear that from people,
00:03:17.360 the people that feel like they're going through a recession. They feel that because it's how it
00:03:22.240 feels where they are. I'm not taking anything away from that where the economy is weak. It's
00:03:26.560 been awful and it's been really hard. Prime Minister pivoted into a strategic partnership
00:03:31.340 with a country that only runs trade surpluses. And then they signed what I believe is still
00:03:37.160 a secret MOU with the Ministry of Public Security, the MPS, China's MPS. 0.82
00:03:41.760 The purpose of the MPS is to hunt the Chinese diaspora in your country, in our country. 0.95
00:03:50.480 They ran what's called Operation Fox Hunt. 1.00
00:03:53.580 American Olympic gold medalist Elisa Liu was one of the victims of Operation Fox Hunt.
00:04:00.140 They were tracking her father because her father had been a leader in the Tiananmen times before he fled the country.
00:04:05.160 they were trying to force her to actually skate for China.
00:04:09.080 And so your prime minister signed a secret MOU with our mortal enemy. 0.51
00:04:15.680 The Canadian government has now opened the door to China
00:04:19.440 in what they're calling a strategic security partnership.
00:04:24.260 And let's be clear, China is not a neutral country.
00:04:28.000 It's a communist dictatorship. 0.67
00:04:30.300 It's the primary adversary of the United States
00:04:33.640 And its entire global strategy is to undermine American power using economic dependencies and technological infiltration.
00:04:42.840 And now Canada is letting Chinese electric vehicles in, which U.S. security agencies have already warned can function as data collection and espionage platforms.
00:04:53.020 They're flooding into the Canadian market, basically turning Canada into a backdoor entry point into North America.
00:05:00.580 And that's why Trump is threatening 100% tariffs on all Canadian goods. Because from Washington's point of view, this is no longer about trade. This is about China using Canada as a vassal state to bypass U.S. security and economic defense systems.
00:05:18.680 and once you hit that level you're now officially in intervention territory economic first for sure
00:05:26.800 but security is likely to follow and that's why this is escalating very quickly and so i said
00:05:34.620 we're going to stop all negotiations with canada right now until they straighten out their act
00:05:40.020 is there anything canada can change your mind about the situation well no they put a tax on
00:05:44.940 companies that were American companies that they shouldn't verse a very severe tax and
00:05:50.720 yeah I guess they could remove it they will but I don't really I mean it doesn't matter to me
00:05:56.460 we have all the cards we have all the cards you know we do a lot of business with Canada but
00:06:02.140 relatively little they do most of their businesses with us and when you have that circumstance you
00:06:08.400 treat people better. They've had farmers that are getting like 300, 400, 200 percent in tariffs.
00:06:16.340 Nobody's ever seen anything like it. We have cases. You don't read this and the people don't
00:06:21.000 report, but they charge us 400 percent on some dairy products. 400 percent. Nobody writes that.
00:06:30.520 It's not fair to our farmers and we've got to protect our farmers. I wonder if we would be in
00:06:35.980 recession if it had not been for a trade war inflicted by donald trump oh listen so two things
00:06:41.480 on that one i think you're entirely right we probably would not it's hard to actually meet
00:06:45.660 the standard of a recession of two back-to-back quarters because even if you have one month of
00:06:49.680 decent growth it offsets it the other thing to remember in all of this though is that we were
00:06:54.780 very weak coming into this we were weak before the trade war began that weakness has been going
00:07:00.040 on for a decade or more we need to address that and nothing anybody's saying should offset that
00:07:04.980 Now, let's talk about who's driving this Canada-China pivot. Mark Carney, the same man who led Brookfield Global Assets, who may still be financially tied to that company and who has longstanding business ties that benefit from deals with China.
00:07:22.900 Whether it's lowering canola tariffs, big electric vehicle imports, or broad investment partnerships, Carney is profiting.
00:07:33.160 But that's not even his biggest gain.
00:07:36.120 Politically, Carney is using this fight with the United States as a distraction.
00:07:41.120 He doesn't want to run on a decade of liberal failure, taxes, debt, energy crisis, economic decay, none of that.
00:07:49.640 He wants the campaign to be about hate for Donald Trump.
00:07:53.760 He's turning every criticism of Trump into his platform, trying to convince Canadians that this is a struggle against American coercion, even as the evidence points towards him using this Trump fight to cover for his own political weaknesses and Brookfield related economic deals.
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