The National Telegraph - Wyatt Claypool - August 22, 2025


Carney BREAKS - Calls Trump to drop tariffs to make a deal!


Episode Stats


Length

17 minutes

Words per minute

177.90428

Word count

3,073

Sentence count

198

Harmful content

Hate speech

5

sentences flagged


Summary

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

Wyatt Clunock talks about Canada's failure to get a trade deal with the United States and why it's a complete hypocrite. He also talks about the fact that Prime Minister Mark Carney was left out of a key meeting with President Donald Trump.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Hey guys, Wyatt Claypool here. You know how bad the summer is going for Prime Minister Mark Carney
00:00:06.460 and his Liberal government? Well, they've finally broken, called Donald Trump, and are trying to
00:00:12.480 make a trade deal. Mark Carney just this morning also announced that he would be dropping the
00:00:17.920 retaliatory tariffs that Canada had on American goods and that he wants to move forward to trying
00:00:24.300 to get to as low a tariff situation with the U.S. as possible. Very un-elbows-up of Mark Carney.
00:00:31.740 But again, it's been a terrible summer. He needs one win before the fall parliamentary session starts,
00:00:38.920 and even then, I don't even think this is exactly a win. By the way, is he doing the right thing? He
00:00:44.200 actually is doing the right thing. We should be trying to sign a trade deal with the United States,
00:00:48.660 but from the perspective of the Liberal Party, he looks like a complete hypocrite.
00:00:53.360 But let's start off with this headline right here from CBC News from yesterday. It says,
00:00:59.980 Carney and Trump speak for the first time since blowing past trade deal deadline.
00:01:04.980 Now, this goes on to kind of beat around the bush a little bit as it is the CBC,
00:01:11.720 but they go on to describing how it was, in fact, Mark Carney's team, it was the PMO,
00:01:18.380 who ended up requesting that they have a call. It says right here, a spokesperson for Carney said the
00:01:24.560 prime minister initiated the call with Trump. And if I am on Mark Carney's comms team, if I am the
00:01:32.420 communications advisor to the PMO, and for some reason, I'm a liberal, I would say, don't admit
00:01:39.340 that. Don't admit that you initiated the call. Just say that there was mutual interest on both sides
00:01:44.280 to have a call and it eventually lined up. That is all you say. Because what you have just described,
00:01:50.540 what the liberal PMO has just described, is that they groveled to Trump to try and get something
00:01:55.660 done. And the thing is that it confirms what I was also saying about the Russia-Ukraine meetings.
00:02:02.220 Donald Trump had the President Vladimir Zelensky from Ukraine. He had Macron from France. He had
00:02:08.060 Georgia Maloney from Italy. Keir Starmer from the UK. He had people, the EU commissioner. He had
00:02:13.960 the head of NATO. Other European countries showed up to the White House for an Oval Office meeting,
00:02:20.940 for a meeting in some press conferences. They were discussing the summit that Trump had just had with
00:02:27.320 Vladimir Putin in Alaska. And what you'll notice is that Carney wasn't there. And people would make
00:02:33.780 excuses saying, well, it's because it was a European thing. We're right over the border.
00:02:38.100 How can we not get on board with this? Someone from the audience did point out that technically
00:02:43.400 Carney was there. The problem was, is that he got to only be on the Coalition of the Willing call,
00:02:51.340 and he was buried in the corner of a Zoom screen. That's all he got. He was right over the border
00:02:58.220 in presumably Ottawa or Toronto. And this is what he got. Thank you for Dan Cameron for sending me
00:03:05.480 this. He's just responded to me saying, re-quote, he got cut out of the Ukraine talks. That's true 0.67
00:03:11.420 for the main talks. But if your eyes are good and you watch CBC, then you may see him seen a blurry
00:03:17.580 Zoom image. And so, yeah, that's how much the U.S. considers Canada as a part of these Ukraine talks.
00:03:27.480 We couldn't even show up in person despite being the closest country. And Mark Carney sat silently on
00:03:33.480 a Zoom call. But now I want to get into the video of Mark Carney saying that he was going to be
00:03:40.740 dropping the retaliatory tariffs and Donald Trump's response. Because goodness, if you are a liberal
00:03:47.420 who saw Mark Carney as your elbows up man with a plan champion, he's not. He's just, it's not like
00:03:55.420 he's the worst. I think that Justin Trudeau would still beat him out for worst prime minister
00:04:00.740 of the last couple of decades. But the thing is, he promised so much. He had all this business
00:04:08.020 acumen and that's why he needed in government. He's going to catalyze something in Canada and he's going
00:04:13.080 to make a budget, make deals with Trump because he knows how a man like him thinks. And now we are
00:04:18.340 getting potentially the worst deal out of any country right now considering our position with
00:04:24.420 the U.S. This should have been very easy to get a good deal going with. But here is Mark Carney
00:04:31.440 just this morning now responding or now laying out his cards on the table, looking very happy there if
00:04:41.340 you're looking at his face. No doubt actually I should make this the thumbnail of the video
00:04:45.780 because that's a look for Mark Carney. But here is him discussing taking down the retaliatory
00:04:51.820 tariffs to try and get to some sort of a trade agreement. Let's be absolutely clear. Canada
00:04:58.160 currently has the best trade deal with the United States. And while it's different from what we had
00:05:08.780 before, it is still better than that of any other country.
00:05:15.040 He's really qualifying this. We have the best trade deals. Like, well, obviously, we're right next to
00:05:21.100 them. Yeah, we have a better trade deal with the United States than, you know, Moldova does, than
00:05:26.760 Germany does. Obviously, 80% of the trade between the U.S. or 80% of exports in the U.S. and Canada go to
00:05:34.080 one another. The problem is, is that why did it take us this long to get to a trade agreement being
00:05:41.500 in a very strong position against the U.S. because they rely on us for a lot of trade goods, both
00:05:47.140 finished products going into Canada as well as raw materials going from Canada into the United States.
00:05:51.820 And now we're having to show up hat in hand, put a bunch of concessions on the table very quickly
00:05:56.280 trying to get this thing done when everyone else had much more, let's just say, adult conversations
00:06:02.320 with Trump. You know, they put things on the table. They said, well, if you do this, I will have to do
00:06:06.600 this, but I'm willing to give up this if you give up this. We've been kind of just hesitant to even
00:06:11.960 engage in the talks. We show up and basically just say, hey, we're like PB&J. We work well together.
00:06:18.340 We shouldn't fight. And then the U.S. trade negotiators are like, well, are you going to offer
00:06:22.540 anything? Do you have anything to say? And we just don't. Dominic LeBlanc was completely empty
00:06:28.860 in the talks. He didn't have anything to say. And that's what Trump had laid out in previous
00:06:34.120 comments that he had made that the Canadians aren't negotiating. I don't know what this is.
00:06:38.940 It's not a negotiation because the reports that he had been hearing about from people like Howard
00:06:43.620 Lutnick, his trade secretary, is that like Canada's not really willing to do anything other than say how
00:06:49.860 great we are together. So as we work to address outstanding trade issues with the United States,
00:06:54.480 it's important. It's vital. We do everything we can to preserve this unique advantage for Canadian
00:07:01.860 workers, Canadian businesses. And doing so will require both building on a soon to be revised
00:07:10.820 KUSMA, our free trade agreement with the U.S. and Mexico, as well as developing a new form of trade and
00:07:17.720 security partnership with the United States. I thought we were, I thought the trade relationship
00:07:24.700 was over. That's what we heard from him during the election and even after the election. Canada's
00:07:30.160 relationship, past relationship with the United States is over. And no, no, not only guys is actually
00:07:37.180 the best relationship. We need to build on that best relationship. In this context, and consistent
00:07:43.880 with Canada's commitment to KUSMA, I'm announcing today that the Canadian government will now
00:07:49.540 match, we will now match the United States by removing all of Canada's tariffs on U.S. goods
00:07:56.860 specifically covered under KUSMA. Yeah. So even the U.S. So even admits there that we were tariffing
00:08:07.200 goods that under KUSMA or the USMCA were actually tariff exempt from the United States, because we
00:08:15.880 actually kind of like went over the top after they announced the tariffs. And even though we were
00:08:20.560 already kind of hypocritical, because we tariff dairy and poultry products very heavily and some
00:08:25.660 other goods that we started just like tariffing tons of goods, even though under KUSMA, under USMCA,
00:08:31.180 they weren't supposed to be tariffed, but regardless. Now I just want to move on to what
00:08:35.660 President Donald Trump said, because again, this is just such a weird day, like, because I wasn't
00:08:43.540 expecting this yesterday, that Trump would immediately jump over to being like, we'd immediately
00:08:49.080 be in talks this quickly. And it's not a sign of like strength from Canada, it's the right thing for
00:08:54.500 us to be doing. But it's a sign that again, the liberals are having a really bad political summer,
00:09:00.060 and they need something, they need some win. Because when you go over all of the stuff that's
00:09:04.680 happened over the last few months. Yeah, they have Bill C5, the, you know, the major projects
00:09:09.680 acts, but it's not gonna probably get anything done. He's already gone to too many indigenous 1.00
00:09:14.300 groups and said that he's not going to do an end run around the consultation process,
00:09:18.600 which was like one of the main holdups to projects. So we're not even really going to
00:09:22.680 fast track anything. But here is Trump responding to Prime Minister Mark Carney.
00:09:27.040 A very good call with Prime Minister Carney of Canada yesterday morning.
00:09:31.360 Yes.
00:09:32.040 Actually, Canada is taking away some retaliatory tariffs.
00:09:36.040 He's removing his tariffs.
00:09:37.040 Exactly.
00:09:38.040 He's removing his retaliatory tariffs, which I thought was nice. And we're gonna have another
00:09:41.800 call soon. Yeah, we had a very good call.
00:09:43.040 You're getting closer towards the agreement on trade?
00:09:45.040 Well, I like them. I like them. You know, look, I'm fighting for the United States, Canada,
00:09:51.040 and Mexico take a lot of our business over the years, over 25, 30 years, especially during the
00:09:56.040 Biden years, they took a lot of our business. And it's basically all coming back into the United 0.97
00:10:00.880 States now, or hot as a pistol, and it's coming back in because of tariffs and the incentives we give,
00:10:06.000 it's coming back. And it's impossible, I think, for another country to stop it. And we are working on
00:10:13.040 something. We want to be very good to Canada. I like Carney a lot. I think he's a good, good person.
00:10:19.680 And we had a very good talk yesterday. So I think it'll be good.
00:10:23.280 Another one of those things where I wonder how a liberal supporters like the hardcore types
00:10:27.920 will square the circle of, you know, thinking that Carney's this battle axe against Donald Trump,
00:10:33.760 and Trump kind of likes him, probably because he's probably easy to get a good trade deal out
00:10:37.600 of right now, because he's not actually that competent. He way over promised, and he didn't know
00:10:42.800 actually how to deliver on his like, you know, our relationship with the United States is done,
00:10:47.040 we're going to find, you know, greener pastures elsewhere. And yeah, did we actually increase our
00:10:53.360 exports to other countries? It was like 14%. We increased our exports to outside the United States
00:11:00.640 by 14%. But our exports to the United States went down by 12. And now 14 is a bigger number than 12.
00:11:07.760 But our actual previous amount that we export to the US was 80%. So we lost 12% of what we had had.
00:11:14.800 And we increased our outside of US trade by 14%, which only represented 20% before. So obviously,
00:11:22.320 we have mostly only lost. And I really like this comment by the YouTuber JJ McCullough,
00:11:28.560 who says, at first, a lot of Canadians were willing to defer to Carney Trudeau
00:11:33.520 on dealing with Trump tariffs, just because the situation was so unusual. But now we have had a
00:11:38.800 lot of evidence of how a bunch of countries have dealt with the same thing. And they all seem to
00:11:43.760 have done it better. Goes on to then say, the liberal approach seems to have been animated by a
00:11:49.520 bunch of uniquely Canadian factors, some sympathetic, some not, including our deep, deep economic
00:11:55.680 integration with the US and our politicians need to appease middle class boomers sense of
00:12:01.040 anti American pride. And I think that is a great way of putting it, that we, we could have been
00:12:06.880 here. Three months ago, we could have already had a deal signed, we could have actually had something
00:12:11.600 where it's not just pleasing the United States, come up with a win win scenario. Okay, we will soften
00:12:16.960 supply management a little bit, but you have to remove all tariffs, you know, you have to also,
00:12:22.000 you know, like, you know, we can have some sort of allowance to make sure that we can also trade
00:12:28.080 our dairy and poultry into their country. I always hear that American dairy is subsidized,
00:12:32.320 and that's why Canadians can't compete with them. I really don't think so. Because every time I hear
00:12:36.880 they're subsidized, I'm like, well, ours are really heavily subsidized, too. So I don't know what you're
00:12:40.480 talking about. It's really that they just pay less tax than us. And so the overtaxed Canadian dairy
00:12:46.000 farmer can only survive if they also have a quota system placed on to the entire industry that makes
00:12:52.160 it so that even if they are producing more expensive milk, people must buy it. And so, you know,
00:12:57.440 because there's no American competition, because even there's even oftentimes no other Canadian
00:13:01.760 competition, because the prices are fixed. And other other producers are not allowed into the market
00:13:07.600 unless you're like some heritage dairy farmer or heritage poultry farmer is completely ridiculous.
00:13:13.040 Anyways, but yeah, this is all animated by the fact the Liberals have been having
00:13:18.400 a really bad summer. This is, you know, the lack of a budget, the previous trade failures,
00:13:26.400 the digital services tax that we had to draw back on, the Air Canada fiasco, the Palestinian terror 1.00
00:13:31.920 state fiasco, harassing Sean Foyt, the American musician who was banned by Parks Canada from getting
00:13:40.720 permits anywhere. We've been looking really stupid on a lot of fronts. I know that last one's pretty
00:13:45.040 minor, but there's a bunch of other ones I haven't even mentioned. We have the blood bank one.
00:13:49.440 We have just other stuff around the Carney's conflicts of interest and just how obviously,
00:13:54.720 like obviously dishonest he was being with them. But this is the last thing I want to show you guys
00:14:00.160 on this video. And it's a post by David Coletto, who runs abacus data, one of my favorite pollsters.
00:14:06.000 And he says, new from abacus data poll, a new abacus data poll out this weekend will show the
00:14:11.920 conservatives marginally ahead of the Liberals for the first time since March. This is our tracker
00:14:17.120 from two weeks ago. So this is before we're going to get the updated information on the weekend.
00:14:22.880 So the last couple of polls had it 43 Liberal, 40 Conservative. They at one point in early July were
00:14:31.120 much closer, but I always find abacus data tends to be a pollster that's really solid because what
00:14:37.840 they do is they party balance the polls. When I say party balance, if 43% of people voted Liberal in
00:14:45.600 the last election, 40%, 41% voted Conservative, 6% voted NDP, 6% voted Block, 2%, 3% voted Green.
00:14:55.680 They will try and be able to call people or contact people to see who they're voting for now in
00:15:02.480 proportion with who voted what last time. So they'll call a bunch of people who didn't vote last
00:15:07.280 time, but they also are going to make sure that their poll isn't like the respondents aren't 60%
00:15:13.600 people who voted Liberal last time because that's obviously very skewed. They're going to be predisposed
00:15:17.920 to saying they're going to vote Liberal again. But if you balance it properly, you'll actually see where
00:15:22.720 the sands are shifting. And so their polls, unlike Nanos, are not like jumping Liberal super far ahead
00:15:28.480 right after the election because obviously a lot of demoralized Conservatives aren't picking up the
00:15:32.240 phone anymore. They make sure that they get a proper proportion of 2025 general election Conservative
00:15:38.160 voters, Liberals, Greens, NDP and Block before they actually start getting their sample together
00:15:44.480 so that it actually is realistic to what the average Canadian thinks. And I was predicting it from
00:15:50.240 a few days ago. You are going to start seeing a polling drop for the Liberal Party because they
00:15:56.000 generally, you know, they've just been screwing up on a lot of things. Air Canada is going to hurt
00:15:59.920 them and I guarantee it's going to push a lot of people back to the NDP. And overall, Polly of getting
00:16:05.760 back into office and actually starting to toughen up on his policy is allowing him to kind of be in
00:16:12.720 opposition from a place of strength. He's not taking an Aaron O'Toole, you know, he's not taking a page of
00:16:18.560 Aaron O'Toole's playbook and softening and moderating even more. If people want less
00:16:23.680 immigration, you've got to go hard on offering less immigration. If people want less taxes,
00:16:28.320 you've got to go hard on having less taxes. You know, that's what you got to do. If people don't
00:16:33.760 like or people are in favor of parental rights and against gender theory, you got to go hard on it.
00:16:38.000 And that's why he backed Amy Hamm, the cancelled nurse in British Columbia. It's a smart thing to do. 0.98
00:16:43.120 Don't be scared of your own shadow. And it looks like Pierre Polly is not doing that, which is great.
00:16:47.840 But that should be it for this video, guys. Thanks for watching. Make sure to like the video,
00:16:52.240 subscribe to the channel, leave a comment on whatever you think about it. It helps us on the
00:16:56.960 algorithm. And I do like to scroll through and see what you guys think about it anyways.
00:17:01.600 But with that being said, I will see you guys all later.