The National Telegraph - Wyatt Claypool - June 25, 2026


Carney is SCARED of Trump - Liberals "No Where Close" to Trade Deal!


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Summary

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Well, Prime Minister Mark Carney finally admitted it. He is nowhere close to getting a trade deal with the United States. This after U.S. Ambassador Pete Hoegstra went on CTV News and described how there has been no real trade talks going on since October of 2025.

Transcript

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00:00:00.000 Well, Prime Minister Mark Carney finally admitted it. He is nowhere close to getting a trade deal
00:00:06.280 with the United States. This after U.S. Ambassador Pete Hoegstra went on CTV News and described how
00:00:13.440 there has basically been no real trade talks going on since October of 2025. Check out this
00:00:20.800 clip from his interview with Vashi Capellos on CTV News. Pleasure to welcome you back to our
00:00:26.020 studio. Thank you very much for making the time. It's good to be back. We are not far away from a
00:00:31.000 very significant deadline when it comes to the trade agreement between Canada, the United States
00:00:34.800 and Mexico. Do you, sir, have a gut feeling as to what will happen on July 1st? I don't think
00:00:40.780 obviously we're not anywhere close to announcing any type of a framework or an interim agreement.
00:00:47.020 I really think it's in the hands now on our side. It's going to be the president and I'm assuming
00:00:54.100 on the Canadian side. It will be the prime minister to determine what the next steps are
00:01:00.000 and directionally where we're headed. So you represent the president. The last
00:01:05.720 comments that we heard from him were kind of on the sidelines toward the end of the G7
00:01:10.780 in which he expressed, you know, I view it as possibly expiring immediately. But he also said
00:01:17.440 later on in the comments that he could end up signing it. Do you have any clarity or has the
00:01:22.100 President conveyed to you with any clarity what his position at this moment in time on Kuzma is?
00:01:26.760 The thing with Trump on Kuzma as well as the tariff issue is that he's been acting very
00:01:33.120 nonchalant about not caring if Kuzma gets renewed or not because he's trying to spur Prime Minister
00:01:38.980 Mark Carney into doing anything. But the problem is the Canadian government led by Carney is too
00:01:45.360 terrified of looking bad in front of Trump so that they think the only winning move here is to
00:01:49.880 not play at all and not engage. The tariff negotiations have stalled out since October,
00:01:55.980 and our work on Kuzma of renewing the USMCA has basically been borderline non-existent,
00:02:03.240 even though Carney basically said, well, yes, I blew past my 2025 July deadlines to get the
00:02:09.340 tariff issue result, but I'm going to package that all up in the Kuzma discussion. But they
00:02:14.100 don't want to do the Kuzma discussion. And as I've said in other videos, what they're effectively 0.89
00:02:18.860 doing is saying yes we didn't get the book report done but don't worry we'll do the book report when
00:02:22.700 we do the thesis you couldn't get the book report done why am i thinking you're going to get the
00:02:27.100 thesis done at all and it turns out shock gas they're not going to do either one we will let
00:02:32.780 the president outline with clarity exactly where he is when he's ready and prepared to make an
00:02:39.740 announcement and could that be in advance of july 1st or do you like do we have any idea on timing
00:02:45.980 of that? It could be an advance of July 1, or it could be sometime in July. I don't think it will
00:02:53.720 go into August, but I've been wrong before, and I could be wrong again. Do you have the impression
00:03:02.720 that the White House wants to get to a deal, like wants Kuzma to stick around? Well, I mean,
00:03:10.140 you know, we were very willing. We were actually kind of excited about the deal that we had in
00:03:15.040 October, where we covered five critical areas. We covered oil, we covered uranium, auto parts,
00:03:22.320 steel, and aluminum. That's a pretty good deal. We were excited about that. The president was
00:03:26.940 excited about it. I was in the October 7 meeting at the White House where the president and his
00:03:32.400 team and Prime Minister Carney and his team reached an agreement fairly quickly at 30,000
00:03:39.360 feet. This is what we're going to do. This is what we're going to do on steel. This is what
00:03:43.100 we want to do on oil um and uh that would have been that would have been awesome it really would
00:03:48.780 have put the following seven months on very very solid footing and say okay now let's start filling
00:03:57.820 in the other parts uh but as we all know that didn't happen and so how would you describe i
00:04:03.820 know for for a few months after that you you were descriptive of the status of negotiations as
00:04:09.640 lacking, right? Like that basically things fell apart and nothing really got restarted in an
00:04:14.180 official capacity. And I'm wondering if you could offer some clarity to me who has asked many
00:04:18.960 ministers for clarity from their perspective, because what we do see on the USTR's website,
00:04:23.920 for example, is official dates for talking with Mexico. We know a couple of those meetings have
00:04:27.940 already occurred. You don't see the same when it comes to bilateral meetings between Canada
00:04:32.360 and the United States. But at the same time, we do see Jameson Greer, the USTR and Minister LeBlanc
00:04:37.580 engaged in conversations at different points like how would you describe the status of talks between
00:04:43.420 canada and the united united states right now i think you know like we started off with we're
00:04:49.420 not at a point where we believe that we're close to even announcing a framework or an interim
00:04:55.100 agreement um and you know i think the next discussion again has to be a discussion between
00:05:02.780 potentially the president and the prime minister in terms of uh you know where we're headed or
00:05:09.180 you'll see the president come out and you could see the prime minister come out and just make
00:05:14.540 a statement as to this is where it's this is where we see it going and this is the direction
00:05:19.820 that i've given to my team and so what you should a lot of people like to blame the issues
00:05:26.140 on trump back in october not liking the doug ford ads being run in the united states
00:05:32.140 Canadians would never put up with it if an American Republican governor started running
00:05:37.420 anti-carny ads in Canada. We'd obviously think that was a bad thing. If Montana Governor Gianforte
00:05:45.600 even spent a million dollars on anti-carny ads, we would freak out about it, even though Doug Ford
00:05:51.620 was spending tens of millions of dollars. But I guess let's just pretend Trump's just sensitive
00:05:57.480 of or whatever, but we were close to a deal in October. And even if it fell apart because of the
00:06:03.480 Doug Ford thing, okay, eventually things were smoothed out. Why didn't we restart that October
00:06:08.700 deal? And I think it's because Carney does not want to get to a deal. I think he's been
00:06:13.000 strategically messing it up. I think him and Doug Ford have basically been just pairing off
00:06:18.380 and ticking off the Americans every once in a while to make sure that the error does not feel
00:06:24.320 clear when they go in to negotiate trade. And then when it falls apart, Carney then says,
00:06:29.300 oh, well, I guess we're going to take a seven-year break. And then he goes away. And the Americans
00:06:33.140 are sitting there saying, well, how about we talk about the thing that we were about to do
00:06:37.060 before you spat in our face? How about we go back to that now that you have at least, you know,
00:06:42.260 apologized and walked it all back? Because Carney did walk back what Doug Ford had done.
00:06:47.200 It was exposed that he absolutely knew that Doug Ford was going to run those ads, although he
00:06:51.340 pretended he didn't. And somehow we've still not gotten back to the trade negotiating table
00:06:56.360 because Carney's base doesn't want to deal because Carney's base are so rabidly anti-American
00:07:02.520 elbows up, they would see it as a surrender to even get something good for Canada, which is just
00:07:08.020 absolutely delusional. But anyways, I now want to move on to this other question that was asked
00:07:13.340 to Pete Hoekstra in the same interview about basically, I guess, I think this one's about
00:07:19.400 the sensitivities around trade and what president trump has said about canada but you you know
00:07:25.900 framed the initial comment there around um you know take taking issue with the fact that it's
00:07:31.820 being described as a rupture but you want us to refer to uh the comments from the president for
00:07:37.640 example or the way in which he's described this country as simply noise i'm presenting to you
00:07:42.880 just like when you can when you're wondering why there might be some hesitation not to further
00:07:47.200 integration or make that sales pitch um in the way you describe that that perhaps is part of it that
00:07:53.440 part of the responsibility and the onus the burden of that lies not just with canada but
00:07:58.480 specifically with the president who decided to take aim at your close friend and neighbor it's 0.97
00:08:03.280 not even close i i don't like the 51st state jokes because it's disruptive and stupid at the same 0.90
00:08:09.840 time they are nowhere in the universe as mark carney making far more of a policy declaration 0.72
00:08:15.200 that our relationship with the United States is over, that there has been a rupture in the
00:08:20.580 relationship. And then pairing that up with trying to cozy up with China, who Mark Carney said on
00:08:26.280 the debate stage was our biggest national security threat. These are very different worlds,
00:08:31.720 the comments of Trump and the comments of Mark Carney, because Trump's can actually be written
00:08:37.520 off as noise. He's kind of always joking. He says things that he doesn't mean. And then he does the
00:08:43.500 opposite when he's actually doing something in practice his rhetoric sometimes does not match
00:08:48.100 his actions harney's rhetoric has been far more like definitive and it's been paired up with
00:08:54.500 anti-american actions around howling around with china doing things the americans don't like and
00:09:00.660 now we are controlled by the americans but if you're trying to get a trade deal signed maybe
00:09:05.760 let's not constantly tell uh talk about how little we need them and then start diversifying trade
00:09:11.840 away from them as the party that supposedly was insulted by the tariffs. How about let's not
00:09:17.460 pair up with one of America's greatest enemies right now, China? Yes, they trade with China. 0.89
00:09:24.860 We trade with China. But there's a difference between doing general trade with China and
00:09:29.320 signing special deals to allow them to dump EVs in your economy that could filter into the United
00:09:34.200 States. Not taking aim at Canada. Those statements are not taking aim with all due respect,
00:09:39.140 ambassador? The taking, take a look at your economic, you know, we put tariffs on every
00:09:48.340 country in the world. We did not take aim at Canada. We took a policy that we were implementing
00:09:54.600 on a global basis that we believed we had to put in place to keep America strong and
00:10:00.940 prosperous. So, you know, there were only two countries that responded in a strongly
00:10:07.320 negative way. Okay. The rest of the world, we've negotiated trade agreements. We've worked on
00:10:14.560 frameworks and those types of things. We did not take aim at Canada. Really? And by the way,
00:10:23.440 the only two countries that responded negatively was China and Canada, not a fantastic club to be
00:10:29.640 part of. And I ask with great respect because yes, you did apply tariffs to other countries,
00:10:33.740 but you initially applied 232 fentanyl-associated tariffs to Canada,
00:10:37.900 and wherein the president, you know, did not refer to every other country
00:10:42.440 in the way that, as I cataloged, he has referred to Canada.
00:10:46.300 I understand that you're upset with the response that Canada made.
00:10:49.300 I'm not upset. I'm not upset. It doesn't bother me.
00:10:51.320 Okay, you don't view the response from Canada positively,
00:10:54.280 but from where I sit, it seems like you're frustrated with the idea
00:10:57.440 that when Canada got punched, they didn't just lay there.
00:11:00.260 that you know canada can have whatever response it wants i would say that like as well the canada's
00:11:08.700 had supply management tariffs mostly targeted at the united states for decades now the american
00:11:15.440 tariffs right now are bigger granted absolutely i don't like tariffs but i always hate the way
00:11:21.700 that liberal canada sees anything that happens between the united states and canada as always
00:11:26.640 originating from the U.S. It doesn't matter what we do. It doesn't matter if we've been messing up
00:11:30.880 the negotiations. It doesn't matter that we've been unnecessarily provocative right before we're
00:11:35.560 supposed to sign a document and then we just run away and never return to the table. It's always
00:11:39.800 that the Americans said something first or they did something first. It's like, okay, this is an
00:11:44.700 incredibly unproductive way to actually get to a deal signing. Again, I don't think the liberals
00:11:50.320 actually want to do that. And now right here, we have Prime Minister Mark Carney being asked about
00:11:56.140 that Hoogstra interview and effectively admitting that, yes, we aren't close to getting a trade
00:12:00.360 deal signed because he echoes the same thing that Hoogstra said about how, well, you know,
00:12:04.860 something could happen all of a sudden, but not actually giving details about if talks are going
00:12:09.460 well. Ambassador Hoogstra told CTV News on Tuesday that Canada and the U.S. aren't, quote,
00:12:14.860 anywhere close in terms of a deal. You just spoke with the president yesterday. Do you agree?
00:12:19.700 uh what i've seen with the president um is that you're not close to make a deal and then you make
00:12:31.300 a deal i've seen that in different it doesn't mean the deals are good we're not close to a deal
00:12:36.100 that's basically what he's saying there he's basically saying well it doesn't matter because
00:12:39.840 sometimes trump makes up his mind quickly that means that we aren't even anywhere in the universe
00:12:44.500 of actually getting a deal done.
00:12:46.540 And again, I'm not saying that he should have signed something ASAP.
00:12:50.760 I'm saying that where's the updates?
00:12:52.880 Where, what are the sticking points?
00:12:54.320 I've been asking this for over a year now.
00:12:56.760 What do they want?
00:12:58.200 What do we want?
00:12:59.660 What are we willing to give up?
00:13:01.040 What are they willing to give up?
00:13:02.320 What are we going to threaten?
00:13:03.420 Are we playing hardball in any way?
00:13:04.760 Are we even in the room?
00:13:06.520 Because it seems like people like Dominic LeBlanc
00:13:09.400 and our other trade representatives,
00:13:11.060 when they go down there,
00:13:11.920 just probably chat with mid-level people who aren't decision makers and then we come back to
00:13:17.400 Canada and whenever people are asked we're like oh well you know we can't disclose how things are
00:13:21.600 going but you know we're talking to them and then the Americans say yeah they showed up and they
00:13:25.360 basically said nothing to us and then they left and it's like can I have any confidence that we're
00:13:30.240 actually good even can we is there anyone in there banging the table I don't even care if they're
00:13:35.740 being like obstructionistic. They're being obtuse. I don't care what they're doing. Are they even
00:13:42.860 asking for anything? Are they demanding anything? Are they conceding anything? Because right now
00:13:48.600 it feels like with the Americans, they probably have a list of wants and we're like completely
00:13:53.900 ignoring those wants, hoping that one day the Americans just give us a zero tariff, like tariff
00:14:00.780 free trade into the United States, but we're going to keep all of our supply management stuff
00:14:04.100 and we're going to keep our China deal and we're going to keep everything else that they don't like
00:14:07.860 around trying to block American media products and all of our issues around censorship bills
00:14:13.460 that they don't like and the taxes that we keep almost putting on their companies and pulling
00:14:17.600 back the last second because even we realize that the digital services tax and the streaming tax 0.95
00:14:22.920 was really dumb. But like I have no insight into what is actually happening. And I don't even think
00:14:28.860 the Carney has any insight to what's happening because it seems like nothing's happening.
00:14:32.960 deals but it means being prepared uh having done the work knowing what you want um
00:14:39.920 so both things can be true both things can be true in fact actually only one thing can be true
00:14:48.860 there's no progress saying that well there could be rapid progress at some point does not change
00:14:54.400 that no progress has occurred but what do i know maybe i'm just not a liberal trade expert
00:15:00.580 but with all that being said thank you guys for watching the show make sure to like share
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00:15:19.860 thank you guys for watching i'll see you all later