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 .

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