PJ The Belt - August 14, 2026


U.S. Officials Just Gave Carney a FINAL WARNING as CUSMA Termination Approaches

Mentioned
Mark Carney Donald Trump Xi Jinping Doug Ford Wang Yi Trudeau Teddy
Trump Just Made Carney's Liberals BEG for a DEAL!! Trump Just EXPOSED Mark Carney..

Episode Stats


Length

8 minutes

Words per minute

173.94

Word count

1,416

Sentence count

70


Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00 if we didn't get a deal we would have capital flight of unbelievable proportions it would be
00:00:04 catastrophic it would drive down the canadian dollar carney understands this the premiers are
00:00:09 realizing hey we are getting down to the very short strokes we must have a deal so i've got
00:00:16 two countries in the world that have retaliated against the united states for trade measures
00:00:20 the people's republic of china and canada that's not the kind of company you really want to be
00:00:24 running in. Tariffs that were imposed on all countries all over the world, by the way, and yet
00:00:31 only Canada and China decided to escalate. No other country, not Japan, not Australia, not the
00:00:38 entire European Union, no other country except Canada and China. President Trump's trade agenda
00:00:44 is exactly what we've been discussing. We want to protect American industry. We want to reshore
00:00:49 manufacturing. And so the president has used a mix of tariffs, a mix of deals to try to
00:00:54 to protect American industry.
00:00:57 Where does Canada come in on all this?
00:00:59 America has its trade policy.
00:01:00 It's going to pursue its trade policy.
00:01:02 We've been working with our Canadian colleagues.
00:01:05 Obviously, they have ideas.
00:01:06 There are elements of U.S. trade policy that they don't like.
00:01:10 Part of that is because they've had completely free access to the U.S. market for many decades.
00:01:15 The United States at this point, we're trying to control our borders,
00:01:18 whether it's for immigration, for imported goods and services, whatever it is.
00:01:21 We're trying to get a handle on that.
00:01:23 For decades, we have had major trade issues with Canada.
00:01:25 So when you say one or two issues, that would be nice if it were one or two issues.
00:01:29 There are a lot of issues, and we're speaking about all of them.
00:01:33 So I won't give any more detail than that, other than all these things that we have been concerned with for decades on the U.S. side.
00:01:42 We have been raising them. We continue to raise them.
00:01:44 And so we have three issues where Canadians have banned the sale of American wine and spirits in Canada.
00:01:51 You know, for everything that we've done in the Trump Trade Administration of essentially assessing a fee on foreign goods made by foreign workers, we're not in the business of banning these things from Canada.
00:02:03 So that's interesting. So that has to be resolved.
00:02:05 Provinces, except for Alberta and Saskatchewan, banning American alcohol, even though Canadian liquor is still selling in the U.S. without an issue.
00:02:14 Politicians talking about replacing the U.S. market with China, the Middle East and who knows what else.
00:02:20 i'm sorry but that's not a plan that's an economic fantasy you don't just wake up one morning and
00:02:26 replace the united states of america your neighbor the largest economy in the world the country that
00:02:33 has kept entire industries in canada alive for decades the white house has repeatedly cited
00:02:38 grievances with canada's dairy sector talked about supply management the alcohol bans have also
00:02:43 clearly hit a nerve now interior premier doug ford has pushed back against returning u.s alcohol to
00:02:48 the shelves. Yesterday, he showed some flexibility, too. We heard the clip, too, with Teddy a little
00:02:52 bit earlier in news. And we're seeing these signs, it feels like, Ian, that this time feels just a
00:02:57 little bit different, where it feels like there's a little bit more compromise on both sides. Do
00:03:03 you get that sense as well? I do. I do. I think we've been on our side because Canadians are so
00:03:10 angry at Donald Trump. Fully understand. 63% don't want any compromises whatsoever. They want
00:03:17 retaliatory tariffs. However, I think that the government of Canada and the premiers realize
00:03:22 how unbelievably important it is that we maintain access to the largest economy on planet Earth,
00:03:30 U.S.'s 32 trillion GDP. China is a distant number two at 20 trillion, and it's 10,000 kilometers
00:03:39 away. And they speak completely foreign language, and they're completely to protect their economy
00:03:44 uh in terms of manufacturing so this is essential and if we don't get a deal the kpmg study shows
00:03:51 that 40 of our manufacturers are looking at exiting the country to the united states that
00:03:57 would cause if we didn't get a deal we would have capital flight of unbelievable proportions it
00:04:03 would be catastrophic it would drive down the canadian dollar carney understands this the
00:04:07 premiers are realizing hey we are getting down to the very short strokes we must have a deal and yet
00:04:14 this government acts like they can just swap out America for China through some secret backroom
00:04:20 conversation that nobody's even allowed to know about. Does the visit of China's foreign minister
00:04:26 Wang Yi later this week pave the way for a visit by President Xi Jinping? And you've said previously
00:04:32 that there are guardrails in place in Canada against foreign interference, yet your government
00:04:38 has not released publicly the RCMP MOU signed with Chinese police.
00:04:43 Why is that?
00:04:45 Well, we don't make a habit.
00:04:46 I'll answer the second part of the question first.
00:04:49 We don't make a habit of releasing security documents with other governments
00:04:54 for reasons of operational security.
00:04:56 That is standard practice for this government, previous governments as well.
00:04:59 So I don't see a reason to change that in this circumstance.
00:05:04 So thank you for that question.
00:05:05 but that's that's our policy and that's what we that's what we stay to uh i look forward to uh
00:05:10 the visit of uh china's foreign minister tomorrow um i will have a chance to to meet with him uh
00:05:17 it'll be a valuable exchange of views and uh i i appreciate his arrival thank you they put china
00:05:24 first they put illegal aliens first and everybody else first but you but we put you first by a lot
00:05:31 but at long last you finally have a president who is putting workers first putting pennsylvania
00:05:37 first and putting america first we're doing that and we're doing it like nobody's ever seen before
00:05:44 here's the part that makes this even worse while mark carney is down there pretending like he
00:05:49 suddenly wants a closer relationship with the americans the us is looking at canada like yeah
00:05:55 we don't trust these people anymore. And from Washington's perspective, why would they? Because
00:06:01 while Canada was publicly attacking Trump, there were reports surfacing about agreements tied to
00:06:06 Chinese security cooperation behind the scenes. Think about how crazy that looks to the Americans.
00:06:12 You've got Canadian politicians talking about a new world order, talking about pivoting away from
00:06:18 the United States, getting closer with China. That's exactly why American officials keep warning
00:06:24 that canada has become one of the least reliable u.s allies because from their perspective canada
00:06:29 spent months becoming hostile towards america more hostile than most countries around the world
00:06:34 and now suddenly carney wants a reset because the canadian economy is in big trouble and kuzma
00:06:41 nafta 2.0 may be canceled go figure but what i do know as the trade guy is that canada retaliated
00:06:49 the only other country in the world who retaliated on tariffs was the chinese
00:06:52 And so if the president's going to take an action and the Canadians retaliate, the United States needs to maintain the integrity of our action, the effectiveness that we have to go up to.
00:07:02 You're talking about the things that the former prime minister, Trudeau, put in place, not the current prime minister.
00:07:06 And are still in place.
00:07:07 So here's the real story.
00:07:09 The Trump administration isn't trying to go after Canadians individually.
00:07:14 They're going after a globalist, China-aligned, liberal machine that is running Canada into the ground.
00:07:20 The problem is, when Washington swings at Mark Carney, regular Canadians are going to get hit too, unfortunately. Workers, farmers, energy industry, manufacturing, everybody's getting hit because Mark Carney wants to play globalist leader on the world stage while Canada's economy gets dragged into the middle of a fight we never had to be in and can't possibly win.
00:07:45 and now the united states is basically telling canada this is your last warning
00:07:49 pick a side because you can't keep backstabbing america while expecting to still have a strong
00:07:55 relationship with it guys we're very close to 80 000 subscribers help me get there hit the like
00:08:02 and subscribe button share this video so it can reach more people i appreciate you all and i'll
00:08:07 see you in the next one peace