PJ The Belt - June 17, 2026


Trump TERMINATES Trade With Canada on LIVE TV？!!


Episode Stats


Length

8 minutes

Words per minute

168.09

Word count

1,403

Sentence count

85

Harmful content

Hate speech

1

sentences flagged


Summary

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

The United States just issued a final warning to Canada. And no, this is not just another little trade dispute. This is the American government basically saying we are done playing games with Mark Carney. The USMCA is dead.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 I would prefer not having an agreement.
00:00:02.460 I view it as possibly expiring immediately.
00:00:05.520 Oh, boy.
00:00:07.220 The United States just issued a final warning to Canada.
00:00:11.120 And no, this is not just another little trade dispute.
00:00:14.020 This is the American government basically saying we are done playing games with Mark Carney.
00:00:19.500 How long do you hope USMCA negotiations or reviews go on?
00:00:24.100 Well, it's not something that's, to me, I think it's better without it.
00:00:27.980 I mean, to be honest with you.
00:00:29.060 I'm not a big fan of it.
00:00:31.280 I liked it because it got us out of NAFTA.
00:00:34.260 In other words, after six years, you had to close it, got us out of NAFTA.
00:00:38.040 That's the thing I liked about it most.
00:00:39.860 We do better without an agreement.
00:00:42.160 Do you want to just leave it enrolling?
00:00:43.900 I would rather leave it unsigned.
00:00:46.440 I'd rather have it terminated.
00:00:48.220 You'd rather have it terminated?
00:00:49.240 Those are different things, sir.
00:00:50.260 I just want to be clear.
00:00:51.340 I would rather not have the agreement, but I may sign it.
00:00:54.560 Right.
00:00:54.780 But we do better as a country if we don't have an agreement.
00:00:58.100 So are you thinking about maybe we won't be able to make a deal?
00:01:02.580 I would rather not have the USMCA.
00:01:05.060 The primary reason I wanted it was because there was no way out of NAFTA,
00:01:09.600 which was the worst trade agreement ever made, like ever.
00:01:12.480 So here's the real story.
00:01:14.160 The Trump administration isn't trying to go after Canadians individually.
00:01:18.840 They're going after a globalist, China-aligned, liberal machine that is running Canada into the ground.
00:01:25.060 The problem is, when Washington swings at Mark Carney, regular Canadians are going to get hit too, unfortunately.
00:01:32.920 Workers, farmers, energy industry, manufacturing, everybody's getting hit.
00:01:38.520 Because Mark Carney wants to play globalist leader on the world stage,
00:01:43.160 while Canada's economy gets dragged into the middle of a fight we never had to be in and can't possibly win.
00:01:49.800 The U.S.-Mexico-Canada trade agreement and any progress looking dicey.
00:01:55.500 Why? Canada making it all about themselves.
00:01:59.540 The country's ambassador to the U.S. admitting that tariff relief is a higher priority to them in these negotiations than the trade treaty.
00:02:07.680 Yikes. Because America's trade representative, Jameson Greer, is already not happy with Canada's conduct.
00:02:14.900 blaming that country just last week for its retaliatory tariffs on U.S. goods slow rolling
00:02:21.580 talks. Here now to react to all of it Unleashed Prosperity co-founder Steve Moore. Steve good to
00:02:27.420 see you as always. Gosh what do you want to see with this USMCA renegotiation? Well this is a
00:02:34.520 quote trade war that Canada can't possibly win so I don't think that their saber rattling here
00:02:41.460 is a very good idea, Brian. I think they should go hand in hand. Look, I've always been a big fan
00:02:46.660 of the USMCA. I think the whole idea of making North America as much of a free trade zone as
00:02:52.200 possible is a great idea. It helps Mexico, helps Canada, and helps the United States.
00:02:56.700 But Canada, Brian, as you know, they still impose pretty high tariffs on American dairy products,
00:03:02.580 agriculture products, or timber. So it is not a level playing field. And I think what Trump wants
00:03:08.320 is to create that level playing field so but this is not this is not the kind of negotiation that
00:03:14.080 that canada is going to win against donald trump and now the united states is basically telling
00:03:18.080 canada this is your last warning pick a side because you can't keep backstabbing america
00:03:23.600 while expecting to still have a strong relationship with it steve moore correct me if i'm wrong
00:03:29.840 canada in a recession you know i don't know if you technically called a recession but there
00:03:36.640 they've been a very slow growing economy we've been great you know by the way i'm very bullish
00:03:41.120 on the u.s economy right now i think we're just ready like a a as a rocket ship to take off but
00:03:46.800 canada's been a laggard no question about it they would greatly benefit from just you know lowering
00:03:52.800 their tariffs on the united states making trump happy having those regular flows of of trade uh
00:03:58.160 open again because canada's highly dependent on the u.s economy and and that's the trump card
00:04:04.080 excuse the expression that trump uses against canada they can't grow if they don't have access
00:04:09.280 to our massive economy uh that by the way technically in a recession first quarter
00:04:16.000 yep still yeah i think i only know that because trump was kind of rubbing it in
00:04:22.000 we make a start with some breaking news the canadian economy has slipped into a technical
00:04:27.040 recession according to new data from statistics canada economic growth stalled in the first
00:04:32.560 quarter and real cross domestic product was slightly negative on an annualized basis according
00:04:38.240 to the new numbers released within the last hour the agency mainly blames higher imports of gold
00:04:44.560 and a weak month for canada's resource extraction industries in march for dragging down recent
00:04:50.160 economic activity real gdp has now declined for two consecutive quarters which meets the definition
00:04:57.600 of a technical recession you got to stay up on your canadian economic statistics steve okay so
00:05:03.920 here's one for you let's say the usmca fell apart let's say canada the united states just can't get
00:05:10.480 it together maybe we do something with mexico because we seem to get on better with them
00:05:15.040 canada's out is that a disaster for america are you just fine with that no i'm not buying with
00:05:20.640 it i i want to go back as i said earlier brian i like the idea of the entire you know north
00:05:26.400 american continent being as much of a free trade zone as possible i've always loved that idea but
00:05:32.880 canada's not playing by the rules it's that simple and there's such a hostility to trump
00:05:38.160 in the canadian government and among many of the canadian people it just makes it hard to make
00:05:43.360 that deal go through and this is where it gets insane while the trump administration is clearly
00:05:48.560 losing patience what's mark carney doing talking smack in davos picking petty fights over u.s
00:05:55.200 tariffs. Tariffs that were imposed on all countries all over the world, by the way. And yet only
00:06:01.940 Canada and China decided to escalate. No other country, not Japan, not Australia, not the entire
00:06:08.480 European Union, no other country except Canada and China. Think about how crazy that is. Provinces, 0.97
00:06:15.840 except for Alberta and Saskatchewan, banning American alcohol, even though Canadian liquor
00:06:20.860 is still selling in the U.S. without an issue.
00:06:24.140 Politicians talking about replacing the U.S. market with China,
00:06:28.340 the Middle East, and who knows what else.
00:06:30.600 I'm sorry, but that's not a plan.
00:06:32.640 That's an economic fantasy.
00:06:34.540 You don't just wake up one morning and replace the United States of America,
00:06:38.160 your neighbor, the largest economy in the world,
00:06:41.060 the country that has kept entire industries in Canada alive for decades.
00:06:46.620 And yet this government acts like they can just swap out America for China,
00:06:50.460 through some secret backroom conversation
00:06:53.420 that nobody's even allowed to know about.
00:06:56.000 So here you've got folks who are doing everything they can
00:07:01.460 to get the Canadian public to rally against America.
00:07:08.680 It just doesn't make any sense.
00:07:10.940 But do you understand where that frustration is coming from?
00:07:13.060 Absolutely no.
00:07:13.780 In Canada, because a lot of Canadians are saying,
00:07:16.700 well, we didn't do anything wrong,
00:07:17.880 and suddenly Donald Trump put tariffs on us.
00:07:20.320 We put tariffs on everybody in the world.
00:07:23.300 There are two countries that have retaliated against America.
00:07:28.100 China and Canada.
00:07:29.600 You said it, I didn't.
00:07:30.940 You've been also quite vocal about the alcohol ban
00:07:34.600 by provinces that was put in place in retaliation
00:07:37.080 to U.S. tariffs.
00:07:39.280 If Canadian provinces were to put back the American alcohol
00:07:42.740 on the shelves, would that lead to a tariff relief
00:07:47.220 from the United States?
00:07:49.280 No. I mean, we think the we think the alcohol ban is totally unfair.
00:07:54.360 It's a it's a clear indicator of how 11 provinces feel about trade with the United States.
00:07:59.640 You know, they're saying sending a very, very clear message about how doing business with the United States doesn't appeal to them.
00:08:07.960 The prime minister has reinforced that message. OK.
00:08:12.720 And so it it creates some questions about, you know, does Canada really want to do business with the United States?
00:08:19.280 you