00:00:00.000And you know what? Only two countries in the entire world have retaliated against the United States based on tariffs, and that is China and Canada.
00:00:10.240We're trying to make sure that ultimately, while the U.S. is becoming weaker, we will become stronger and we will diversify and turn ourselves towards Europe.
00:00:20.320Canada is the only country on earth, along with China, that has imposed so many counter tariffs.0.79
00:00:26.320These people are insane. They're insane. They're crazy. I think they're purposely trying to sabotage the longstanding relationship that Canada and the United States have had for well over 100 years. Nothing else explains it. They're not that dumb. I'm sure some of them are really stupid, but not all of them are that dumb. And Mark Carney is part of that too. He's getting cozier and cozier with China, getting closer to Europe, talking about Canada.1.00
00:00:56.320joining the European Union, a union that is collapsing, falling apart. In every sense of0.77
00:01:01.940the word, the euro is falling apart, just like the Canadian dollar is. As people are talking about,
00:01:07.740oh, we're going to stand up to Trump and show the Americans. Sure, you're going to show
00:01:11.340a $30 trillion economy with a $2 trillion economy smaller than Texas, one state.
00:01:19.140We take good note of the comments made by the President, and of course we'll let the Prime Minister continue his negotiations, and we'll not negotiate in public.
00:01:31.860These have been the answers that I've been giving to every single question since the beginning of the negotiations.
00:01:38.120What I wanted to emphasis today is, as minister in charge of industries and of the economy, is we are not alone in this world.
00:01:53.060And that is why today is so important.
00:01:56.000It's been only 15 days that the prime minister signed an agreement with the EU to make sure that not only, of course, that we have free trade agreement,
00:02:04.540but that we are very closely aligned on the fence and on all our industrial policies.
00:02:12.960And we're trying to make sure that ultimately, while the U.S. is becoming weaker,
00:02:18.120we will become stronger and we will diversify and turn ourselves towards Europe.
00:02:23.020Canada is the only country on earth, along with China, that has imposed so many counter-terrorists.
00:02:29.260So we have had already a very strong response.
00:02:32.540How confident are you that you'll be able to renew the USMCA, and what more do you expect from Canada at this point?
00:02:39.440Well, I'm not looking to renew it. I don't, you know, I mean, I made the deal, and the primary reason I made the deal is that NAFTA was the worst trade deal I've ever seen, and I made it better, but I had the right to terminate, and, you know, with NAFTA, we didn't have the right to terminate.
00:02:53.040i had to get these senators to approve that deal that was a tough thing congressman too
00:02:59.040nafta had no termination so i mean i've never said this before but i'll tell you what my thinking was
00:03:05.120nafta was a disaster for our country the worst trade deal ever made by far nafta was the worst
00:03:11.680trade deal we ever had usmca did one thing that i loved after six years it comes up for renewal
00:03:20.160I don't know that I'm going to redo it because to be honest with you the United States does much
00:03:27.440better. We don't need anything that Canada has. We don't need anything that Mexico has but they
00:03:32.500need everything that we have. Meanwhile Trump's been saying the exact same thing about Canada
00:03:37.020from the moment he got elected. If your economy is so dependent on the United States for survival
00:03:42.420then maybe you should just become part of America. He's been telling Canadian politicians the same
00:03:48.220message for months if you truly want free trade then open your market the president understands
00:03:55.900that we need to open the markets canada is not open to us they need to open their market unless
00:04:02.220they're willing to open their market they're going to pay a tariff let's have real free trade where
00:04:07.180there's no tariffs on your side or our side but there's an issue canada is very protectionist
00:04:14.380while the government complains that trump policies are protectionists they do the exact same thing
00:04:19.500here tariffing american exports into canada as high as three to four hundred percent especially
00:04:26.460when it comes to dairy all to protect the quebec dairy cartel so if seven months ago the possibility
00:04:32.860like the the the 10 000 foot view of what what is possible was possible why is it not possible to
00:04:40.220arrive at a similar 10,000-foot point of view right now?
00:04:46.520On a Canadian part, I don't think folks recognize the impact of what happened in October and
00:05:57.380If I was Canada, I'd take that same ad also.
00:06:00.560But they're actually on television taking ads.
00:06:03.120Again, to me, it seems like these people either don't know what the hell they're doing or their goal is for this trade war to continue indefinitely.
00:06:12.000What kind of negotiating tactic involves buying attack ads against the person you're trying to negotiate with, especially if that person you're dealing with is Donald Trump?
00:06:21.720In what world is that a good idea?0.56
00:06:23.500In reality, they've never gotten back on track the same way that we've had progress with the Mexicans.1.00