Carney BREAKS - Calls Trump to drop tariffs to make a deal!
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Summary
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
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Hey guys, Wyatt Claypool here. You know how bad the summer is going for Prime Minister Mark Carney
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and his Liberal government? Well, they've finally broken, called Donald Trump, and are trying to
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make a trade deal. Mark Carney just this morning also announced that he would be dropping the
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retaliatory tariffs that Canada had on American goods and that he wants to move forward to trying
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to get to as low a tariff situation with the U.S. as possible. Very un-elbows-up of Mark Carney.
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But again, it's been a terrible summer. He needs one win before the fall parliamentary session starts,
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and even then, I don't even think this is exactly a win. By the way, is he doing the right thing? He
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actually is doing the right thing. We should be trying to sign a trade deal with the United States,
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but from the perspective of the Liberal Party, he looks like a complete hypocrite.
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But let's start off with this headline right here from CBC News from yesterday. It says,
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Carney and Trump speak for the first time since blowing past trade deal deadline.
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Now, this goes on to kind of beat around the bush a little bit as it is the CBC,
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but they go on to describing how it was, in fact, Mark Carney's team, it was the PMO,
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who ended up requesting that they have a call. It says right here, a spokesperson for Carney said the
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prime minister initiated the call with Trump. And if I am on Mark Carney's comms team, if I am the
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communications advisor to the PMO, and for some reason, I'm a liberal, I would say, don't admit
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that. Don't admit that you initiated the call. Just say that there was mutual interest on both sides
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to have a call and it eventually lined up. That is all you say. Because what you have just described,
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what the liberal PMO has just described, is that they groveled to Trump to try and get something
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done. And the thing is that it confirms what I was also saying about the Russia-Ukraine meetings.
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Donald Trump had the President Vladimir Zelensky from Ukraine. He had Macron from France. He had
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Georgia Maloney from Italy. Keir Starmer from the UK. He had people, the EU commissioner. He had
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the head of NATO. Other European countries showed up to the White House for an Oval Office meeting,
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for a meeting in some press conferences. They were discussing the summit that Trump had just had with
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Vladimir Putin in Alaska. And what you'll notice is that Carney wasn't there. And people would make
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excuses saying, well, it's because it was a European thing. We're right over the border.
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How can we not get on board with this? Someone from the audience did point out that technically
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Carney was there. The problem was, is that he got to only be on the Coalition of the Willing call,
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and he was buried in the corner of a Zoom screen. That's all he got. He was right over the border
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in presumably Ottawa or Toronto. And this is what he got. Thank you for Dan Cameron for sending me
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this. He's just responded to me saying, re-quote, he got cut out of the Ukraine talks. That's true
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for the main talks. But if your eyes are good and you watch CBC, then you may see him seen a blurry
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Zoom image. And so, yeah, that's how much the U.S. considers Canada as a part of these Ukraine talks.
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We couldn't even show up in person despite being the closest country. And Mark Carney sat silently on
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a Zoom call. But now I want to get into the video of Mark Carney saying that he was going to be
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dropping the retaliatory tariffs and Donald Trump's response. Because goodness, if you are a liberal
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who saw Mark Carney as your elbows up man with a plan champion, he's not. He's just, it's not like
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he's the worst. I think that Justin Trudeau would still beat him out for worst prime minister
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of the last couple of decades. But the thing is, he promised so much. He had all this business
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acumen and that's why he needed in government. He's going to catalyze something in Canada and he's going
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to make a budget, make deals with Trump because he knows how a man like him thinks. And now we are
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getting potentially the worst deal out of any country right now considering our position with
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the U.S. This should have been very easy to get a good deal going with. But here is Mark Carney
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just this morning now responding or now laying out his cards on the table, looking very happy there if
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you're looking at his face. No doubt actually I should make this the thumbnail of the video
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because that's a look for Mark Carney. But here is him discussing taking down the retaliatory
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tariffs to try and get to some sort of a trade agreement. Let's be absolutely clear. Canada
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currently has the best trade deal with the United States. And while it's different from what we had
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before, it is still better than that of any other country.
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He's really qualifying this. We have the best trade deals. Like, well, obviously, we're right next to
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them. Yeah, we have a better trade deal with the United States than, you know, Moldova does, than
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Germany does. Obviously, 80% of the trade between the U.S. or 80% of exports in the U.S. and Canada go to
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one another. The problem is, is that why did it take us this long to get to a trade agreement being
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in a very strong position against the U.S. because they rely on us for a lot of trade goods, both
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finished products going into Canada as well as raw materials going from Canada into the United States.
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And now we're having to show up hat in hand, put a bunch of concessions on the table very quickly
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trying to get this thing done when everyone else had much more, let's just say, adult conversations
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with Trump. You know, they put things on the table. They said, well, if you do this, I will have to do
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this, but I'm willing to give up this if you give up this. We've been kind of just hesitant to even
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engage in the talks. We show up and basically just say, hey, we're like PB&J. We work well together.
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We shouldn't fight. And then the U.S. trade negotiators are like, well, are you going to offer
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anything? Do you have anything to say? And we just don't. Dominic LeBlanc was completely empty
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in the talks. He didn't have anything to say. And that's what Trump had laid out in previous
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comments that he had made that the Canadians aren't negotiating. I don't know what this is.
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It's not a negotiation because the reports that he had been hearing about from people like Howard
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Lutnick, his trade secretary, is that like Canada's not really willing to do anything other than say how
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great we are together. So as we work to address outstanding trade issues with the United States,
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it's important. It's vital. We do everything we can to preserve this unique advantage for Canadian
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workers, Canadian businesses. And doing so will require both building on a soon to be revised
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KUSMA, our free trade agreement with the U.S. and Mexico, as well as developing a new form of trade and
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security partnership with the United States. I thought we were, I thought the trade relationship
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was over. That's what we heard from him during the election and even after the election. Canada's
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relationship, past relationship with the United States is over. And no, no, not only guys is actually
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the best relationship. We need to build on that best relationship. In this context, and consistent
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with Canada's commitment to KUSMA, I'm announcing today that the Canadian government will now
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match, we will now match the United States by removing all of Canada's tariffs on U.S. goods
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specifically covered under KUSMA. Yeah. So even the U.S. So even admits there that we were tariffing
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goods that under KUSMA or the USMCA were actually tariff exempt from the United States, because we
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actually kind of like went over the top after they announced the tariffs. And even though we were
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already kind of hypocritical, because we tariff dairy and poultry products very heavily and some
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other goods that we started just like tariffing tons of goods, even though under KUSMA, under USMCA,
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they weren't supposed to be tariffed, but regardless. Now I just want to move on to what
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President Donald Trump said, because again, this is just such a weird day, like, because I wasn't
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expecting this yesterday, that Trump would immediately jump over to being like, we'd immediately
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be in talks this quickly. And it's not a sign of like strength from Canada, it's the right thing for
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us to be doing. But it's a sign that again, the liberals are having a really bad political summer,
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and they need something, they need some win. Because when you go over all of the stuff that's
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happened over the last few months. Yeah, they have Bill C5, the, you know, the major projects
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acts, but it's not gonna probably get anything done. He's already gone to too many indigenous
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groups and said that he's not going to do an end run around the consultation process,
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which was like one of the main holdups to projects. So we're not even really going to
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fast track anything. But here is Trump responding to Prime Minister Mark Carney.
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A very good call with Prime Minister Carney of Canada yesterday morning.
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Actually, Canada is taking away some retaliatory tariffs.
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He's removing his retaliatory tariffs, which I thought was nice. And we're gonna have another
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You're getting closer towards the agreement on trade?
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Well, I like them. I like them. You know, look, I'm fighting for the United States, Canada,
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and Mexico take a lot of our business over the years, over 25, 30 years, especially during the
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Biden years, they took a lot of our business. And it's basically all coming back into the United
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States now, or hot as a pistol, and it's coming back in because of tariffs and the incentives we give,
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it's coming back. And it's impossible, I think, for another country to stop it. And we are working on
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something. We want to be very good to Canada. I like Carney a lot. I think he's a good, good person.
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And we had a very good talk yesterday. So I think it'll be good.
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Another one of those things where I wonder how a liberal supporters like the hardcore types
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will square the circle of, you know, thinking that Carney's this battle axe against Donald Trump,
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and Trump kind of likes him, probably because he's probably easy to get a good trade deal out
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of right now, because he's not actually that competent. He way over promised, and he didn't know
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actually how to deliver on his like, you know, our relationship with the United States is done,
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we're going to find, you know, greener pastures elsewhere. And yeah, did we actually increase our
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exports to other countries? It was like 14%. We increased our exports to outside the United States
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by 14%. But our exports to the United States went down by 12. And now 14 is a bigger number than 12.
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But our actual previous amount that we export to the US was 80%. So we lost 12% of what we had had.
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And we increased our outside of US trade by 14%, which only represented 20% before. So obviously,
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we have mostly only lost. And I really like this comment by the YouTuber JJ McCullough,
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who says, at first, a lot of Canadians were willing to defer to Carney Trudeau
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on dealing with Trump tariffs, just because the situation was so unusual. But now we have had a
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lot of evidence of how a bunch of countries have dealt with the same thing. And they all seem to
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have done it better. Goes on to then say, the liberal approach seems to have been animated by a
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bunch of uniquely Canadian factors, some sympathetic, some not, including our deep, deep economic
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integration with the US and our politicians need to appease middle class boomers sense of
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anti American pride. And I think that is a great way of putting it, that we, we could have been
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here. Three months ago, we could have already had a deal signed, we could have actually had something
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where it's not just pleasing the United States, come up with a win win scenario. Okay, we will soften
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supply management a little bit, but you have to remove all tariffs, you know, you have to also,
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you know, like, you know, we can have some sort of allowance to make sure that we can also trade
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our dairy and poultry into their country. I always hear that American dairy is subsidized,
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and that's why Canadians can't compete with them. I really don't think so. Because every time I hear
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they're subsidized, I'm like, well, ours are really heavily subsidized, too. So I don't know what you're
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talking about. It's really that they just pay less tax than us. And so the overtaxed Canadian dairy
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farmer can only survive if they also have a quota system placed on to the entire industry that makes
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it so that even if they are producing more expensive milk, people must buy it. And so, you know,
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because there's no American competition, because even there's even oftentimes no other Canadian
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competition, because the prices are fixed. And other other producers are not allowed into the market
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unless you're like some heritage dairy farmer or heritage poultry farmer is completely ridiculous.
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Anyways, but yeah, this is all animated by the fact the Liberals have been having
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a really bad summer. This is, you know, the lack of a budget, the previous trade failures,
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the digital services tax that we had to draw back on, the Air Canada fiasco, the Palestinian terror
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state fiasco, harassing Sean Foyt, the American musician who was banned by Parks Canada from getting
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permits anywhere. We've been looking really stupid on a lot of fronts. I know that last one's pretty
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minor, but there's a bunch of other ones I haven't even mentioned. We have the blood bank one.
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We have just other stuff around the Carney's conflicts of interest and just how obviously,
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like obviously dishonest he was being with them. But this is the last thing I want to show you guys
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on this video. And it's a post by David Coletto, who runs abacus data, one of my favorite pollsters.
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And he says, new from abacus data poll, a new abacus data poll out this weekend will show the
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conservatives marginally ahead of the Liberals for the first time since March. This is our tracker
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from two weeks ago. So this is before we're going to get the updated information on the weekend.
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So the last couple of polls had it 43 Liberal, 40 Conservative. They at one point in early July were
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much closer, but I always find abacus data tends to be a pollster that's really solid because what
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they do is they party balance the polls. When I say party balance, if 43% of people voted Liberal in
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the last election, 40%, 41% voted Conservative, 6% voted NDP, 6% voted Block, 2%, 3% voted Green.
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They will try and be able to call people or contact people to see who they're voting for now in
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proportion with who voted what last time. So they'll call a bunch of people who didn't vote last
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time, but they also are going to make sure that their poll isn't like the respondents aren't 60%
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people who voted Liberal last time because that's obviously very skewed. They're going to be predisposed
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to saying they're going to vote Liberal again. But if you balance it properly, you'll actually see where
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the sands are shifting. And so their polls, unlike Nanos, are not like jumping Liberal super far ahead
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right after the election because obviously a lot of demoralized Conservatives aren't picking up the
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phone anymore. They make sure that they get a proper proportion of 2025 general election Conservative
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voters, Liberals, Greens, NDP and Block before they actually start getting their sample together
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so that it actually is realistic to what the average Canadian thinks. And I was predicting it from
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a few days ago. You are going to start seeing a polling drop for the Liberal Party because they
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generally, you know, they've just been screwing up on a lot of things. Air Canada is going to hurt
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them and I guarantee it's going to push a lot of people back to the NDP. And overall, Polly of getting
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back into office and actually starting to toughen up on his policy is allowing him to kind of be in
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opposition from a place of strength. He's not taking an Aaron O'Toole, you know, he's not taking a page of
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Aaron O'Toole's playbook and softening and moderating even more. If people want less
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immigration, you've got to go hard on offering less immigration. If people want less taxes,
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you've got to go hard on having less taxes. You know, that's what you got to do. If people don't
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like or people are in favor of parental rights and against gender theory, you got to go hard on it.
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And that's why he backed Amy Hamm, the cancelled nurse in British Columbia. It's a smart thing to do.
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Don't be scared of your own shadow. And it looks like Pierre Polly is not doing that, which is great.
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But that should be it for this video, guys. Thanks for watching. Make sure to like the video,
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subscribe to the channel, leave a comment on whatever you think about it. It helps us on the
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algorithm. And I do like to scroll through and see what you guys think about it anyways.
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But with that being said, I will see you guys all later.