The National Telegraph - Wyatt Claypool - CBC in Total Denial - Carney can't handle Trump on trade!

00:00:00.000 Hey guys, Wyatt Claypool here.

00:00:03.020 One of the things that annoys me most about the tariff issue between Canada and the United States

00:00:08.740 is how every Canadian pundit seems dedicated to not actually talking about

00:00:14.660 what the Canadian government may be doing wrong in the negotiations.

00:00:19.180 I need to show you this segment from CBC's Power and Politics,

00:00:23.620 where supposedly they have a Conservative, Liberal, and NDP representative discuss the issues

00:00:29.760 and every single one of them will refuse to lay a finger on the Mark Carney Liberal government's

00:00:37.220 over-promising on the trade issue and their inability to actually negotiate with the Americans.

00:00:43.520 We just sit around saying, Trump's bad, right? Orange man bad.

00:00:47.400 I don't like Trump. This was unfair.

00:00:49.340 Okay, some of those things can be true. I don't think the tariffs are exactly fair.

00:00:54.100 I think supply management tariffs on dairy and poultry from the U.S. are not fair to the United States,

00:00:59.960 but the tariffs that the U.S. is striking back with are disproportionately large.

00:01:04.960 You could say that's a negotiating tactic. Fair enough. You could say that's not fair.

00:01:09.140 But by the way, what does it change for us to sit around just saying how unfair it is over and over again?

00:01:14.760 Eventually, you actually need to have a real adult position on what you are going to do

00:01:20.900 in order to get to a better trade deal. So I need to show you the segment from the CBC.

00:01:25.740 Then I need to show you some other stuff I had posted on X about this because I at least think

00:01:31.200 I raised some good questions about what is Mark Carney doing right now?

00:01:35.900 I've said this on other episodes, but I also want to reiterate it here because it's just been baffling to me

00:01:42.700 how basically Carney's doing nothing. At the time, we're supposedly in a crisis,

00:01:47.640 and he keeps saying that the negotiations are very intense. He's traveling to PEI.

00:01:52.940 He's going to the Northwest Territories to meet with people he's met with dozens of times before.

00:01:57.300 But here is the CBC segment. And by the way, guys, like the video, subscribe if you're not a subscriber,

00:02:02.800 and leave a comment on what you think.

00:02:04.980 Travis.

00:02:05.860 Greg, I'll start with you. I don't even know how to set this up just because I feel like we've been

00:02:10.240 talking a lot about this, but it does seem like a bit of an escalation perhaps from the president

00:02:14.880 today, at least on the rhetorical side of things, saying that there really isn't much of a negotiation

00:02:19.080 going on. How do you read his comments?

00:02:21.360 Well, I'm glad you asked me about Jeffrey Epstein because really what I want to...

00:02:25.540 Oh, my goodness. Greg McEacherin's so funny, guys. Trump and Epstein.

00:02:30.580 It's funny because that's something the left is attacking Trump over right now with no actual basis to it.

00:02:37.560 Yes, Trump was friends with Epstein in the 90s and then kicked him out of Mar-a-Lago in 2002

00:02:43.100 and then helped give information leading to his first conviction back in 2006.

00:02:48.980 So what are you talking about? But it was that just annoyed me off the bat.

00:02:53.260 But that's going to set the theme for this five minutes that we're going to watch through.

00:02:57.500 Just talking about Trump.

00:03:00.240 Everything else, if you if we're looking at this and we should be, this is our job is to look at what

00:03:05.380 the impact on Canada is. But if you look at things in Washington and the bigger picture,

00:03:10.700 the president is in a lot of trouble, probably the most trouble he's been in thus far.

00:03:14.600 His base is angry with him. Gallup polling is not going great for him. Other polls, not so great.

00:03:20.880 And the...

00:03:21.500 His polling is actually totally fine right now. You can not like Trump. Obviously, you can do whatever

00:03:27.340 you want. His polling is really not that bad right now. I'll pull up real clear politics that does a

00:03:33.840 aggregation of all the different polls. The problem right now, we're trying to say that Trump's doing

00:03:39.100 really bad because of Gallup, is that there's Trafalgar and Insight Advantage. Insight Advantage

00:03:44.160 being one of the most accurate in the country. And those put him actually quite well up. I'm going to

00:03:50.920 quickly bring this up on screen so you guys can see it. But these are the current approval rating

00:03:56.220 polls. And naturally, there is a lot of anti-Trump rhetoric out there. So he's always going to have

00:04:02.340 a more negative approval rating than someone like Barack Obama would have had, or Joe Biden would

00:04:08.480 have had early on in his presidency. But you look at this, and it's like, on average, a 51.3%

00:04:15.620 disapproval rating, 46.3% approval. It's pretty dang close. And it's usually easier to dislike a

00:04:22.900 politician than like a politician. And then when you go to Insight Advantage and Trafalgar, again,

00:04:28.660 Insight Advantage after Big Data poll was the second most accurate pollster in 2024,

00:04:34.640 they give him a positive two. But there's a Gallup poll out there that gives Trump a bad rating. So I

00:04:40.900 guess that, you know, rather than actually doing analysis about the trade conflict and what Canada

00:04:45.900 could do, let's just keep talking about that Trump's unpopular. Did you know that? People don't

00:04:49.960 like Trump, even the United States.

00:04:51.940 The impact of his decisions around trade, we're starting to see them. We mentioned last week,

00:04:57.560 month over month, the car travel to the United States from Canadians. I saw a couple articles

00:05:03.040 this week about the impact of the good provinces that have done bans on American alcohol, shame

00:05:09.900 about Saskatchewan and Alberta. But that is sending a message to them as well. So there's a lot of other

00:05:14.780 things. And then if you watch the broader clip today, when sending a message, okay, that's great.

00:05:20.220 How are we going to turn that message into a trade deal? That's the problem. There are people out

00:05:25.960 there like Greg McEachern, who just care about the symbolism of what Canada is doing. Who cares

00:05:30.520 if like average consumers are deep hurt by this and he can keep buying himself heavily patterned suits.

00:05:38.040 He was asked the question. It wasn't as centered on Canada as some of the, if you just take it in

00:05:45.740 that little slip. So he's got a lot of issues. The problem with, if he pursues the tariffs,

00:05:52.480 the estimates right now is on average, this is going to cost Americans $2,400 extra a year.

00:05:59.960 The impact means that coffee for Americans will go up, shoes, appliances. And then when he's talking

00:06:07.380 about copper, copper goes into everything. So I know that it is our, you know, like as Canadians,

00:06:13.500 we, you know, we tense up, but there are a lot of other problems as well. And the other thing I just

00:06:18.260 say to folks that are watching is there's a really interesting slash weird article in the New Yorker

00:06:24.380 on the trade secretary Lutnik. And he, I guess at one o'clock in the morning when he's in bed,

00:06:34.380 Trump calls him and they discuss things. And one of the things he mentioned was we talk about Canadian

00:06:38.880 steel. Now I can't wait for Saturday Night Live to come back on. I could just see, you know,

00:06:43.320 like someone playing not, not, not Lutnik with like, you know, cold. What is this? I know none

00:06:51.340 of us like the CBC, but I'm usually expecting a sort of base level of confidence, if not very rigid

00:06:59.420 professionalism from their people. What is it? We're talking about who he would like to see playing

00:07:04.820 Howard Lutnik on SNL and what, how would he like the skit to look? Can we talk about what Canada

00:07:11.780 has to do to get to a trade deal? Well, did you know that Trump's not as popular as you think in

00:07:16.080 America? Okay. Carney's not as popular in Canada as some people would like to think. And him failing

00:07:22.260 on this trade deal could sink his approval ratings pretty hard. I know people are saying, oh, well,

00:07:28.060 you know, Carney's actually still doing quite well. I saw this from Polling Canada, not to put like a,

00:07:32.580 you know, a voice like that on Polling Canada. But like people, it's more so the people that

00:07:37.820 interpret the stats that Polling Canada post, they're like, oh, well, Carney's actually super

00:07:41.620 popular right now. It's like, yeah, kind of. He's popular because he's in a honeymoon phase.

00:07:47.100 But when your approval rating is only 52 to 56% in your honeymoon phase, that means when you're out

00:07:52.960 of your honeymoon phase, you're going to be below 50%. And once Canadians realize that he has no

00:07:58.420 intention of making a pipeline, that the trade deal didn't get done when he promised that he knew

00:08:03.180 how to deal with people like Trump, and we might actually be paying 35% tariffs on non-US

00:08:07.780 MCA compliant goods for the next few months before we strike a new deal, that's going to hurt him

00:08:13.080 really bad. And US MCA compliance is not a get out of jail free card, because it costs more money

00:08:19.480 to become US MCA compliant, because it requires more sourcing of materials from only within Canada,

00:08:25.900 the US and Mexico, you have to have all the manufacturing done in Canada, you know, material

00:08:31.040 sourced here has to be like, oh, there's extra paperwork and whatnot. It still adds costs to the

00:08:37.160 average good. It's just better than the tariff. So a lot of people are not going to be super

00:08:42.340 impressed with the economy in a few months, if Mark Carney doesn't figure this out. And we have

00:08:46.700 these people, and Greg McEachern, by the way, is the liberal strategist. We have these people talking

00:08:52.400 about what they'd like to see on SNL, cream in their face and a princess phone. But this is really,

00:08:57.520 really bizarre. So, you know, I think that the premiers did good work this week. You know,

00:09:04.520 President Obed from ITK was on before he's having conversations, we need to keep doing what we're

00:09:10.780 doing. And, you know, if you look at what the Treasury Secretary said last Sunday, or what he said

00:09:16.400 last Monday, he was hinting at delays. So it's really tough. It's like trying to put a thumbtack

00:09:22.400 in Mercury. Fred, what's the next play? The next play for this government? Well, when you're

00:09:28.400 dealing with... And to preface, Fred DeLore here, not a very good campaign manager. If you're trying

00:09:37.120 to run a campaign, do not hire Fred DeLore. He was the guy who was running Aaron O'Toole's 2021

00:09:41.980 general election campaign. I believe his leadership too. But he is supposedly the conservative on this

00:09:48.960 panel. A man built from chaos. What's the next play? I don't know. The issue is, like, this is

00:09:55.920 typical Trump. This is just his postures. He publicly negotiates. He throws things out. The

00:10:01.080 fact that Canada's... It almost feels like a bit of pride as a Canadian that we don't have a deal with

00:10:06.120 this man, because there is no real dealing with this guy right now. Obviously, we have no idea what's

00:10:11.720 going on behind the scenes. We don't know how these negotiations are going and how they're going to end

00:10:16.020 up. We have, you know, supposedly a week to this deadline. But there's no such thing as a deadline

00:10:21.660 with Trump. There's nothing standard. There's nothing normal. There's nothing normal about this

00:10:25.020 process. You know, I think at the end of the day, though, Canada and the US, we are two... We're each

00:10:31.440 other's most important trading partners. And there's, as Greg mentioned, there's so much pressure in the

00:10:35.420 US as well to make sure that there's some kind of deal alleviated here. But what's the pressure in

00:10:40.260 Canada? We keep talking about the United States, but we never get to the Canada side of it.

00:10:45.220 The problem is, although Carney is trying to pretend, you know, I've done great things. I've

00:10:49.500 gotten a trade deal signed with France. I've gotten a trade deal signed with other EU countries,

00:10:53.820 with the UK. I've been working on a deal with Japan or whatever. It's like, it doesn't matter. 0.52

00:10:59.140 Trump has a better deal. Not only does he have a better deal with these countries that are more,

00:11:04.740 like, and they are the bigger economy and the more, you know, the better country to usually trade

00:11:09.400 with because there's just more going on in the US. But they now have guaranteed buying, like, deals

00:11:15.540 with the EU. The EU is going to buy, like, 700 billion dollars of oil and gas products over the next

00:11:22.120 couple of years. They're buying certain amounts of American goods. Canada doesn't have that. We just

00:11:27.660 have some generic thing where you might trade with us. That'd be great. And we'll try and have fewer

00:11:31.760 duties on you. That's all we have going on. But every time any of it, one of these panels speaks

00:11:37.540 out, it's that Trump's a man made of chaos. It's hard to make deals with him. Maybe it's good that

00:11:45.040 Canada does not have yet have a deal with him. I guess if you want to write in your blog about how

00:11:52.080 you stood up to him, and you know, you want to, like, pretend to be a big man. Yeah, I guess this is

00:11:56.700 makes you look good. It's not going to make you look good in the long run when people's actual

00:12:02.800 economic fiscal position is worse. But apparently, again, this is the discourse on CBC. You can have

00:12:10.640 these generic nothing opinions and apparently be a paid talking head on the CBC. But there's also a

00:12:16.900 lot of distractions that Trump guys are trying to throw out right now. They're dealing with a lot

00:12:20.480 of domestic issues themselves that are not good. I'm sure that's what's keeping him up at night,

00:12:24.740 not a trade deal, that he is a trade crisis that he has created with his closest trading

00:12:31.160 partner. So, you know, what's the next play here? I don't think anyone has any idea.

00:12:36.100 No, I would I would say like, I agree with with what both of you have said. I think the only

00:12:41.440 difference for what the next play is, is I think the government needs to not forget that they can't

00:12:47.020 stop communicating with people. You know, the fact that we I know this happens every Friday,

00:12:50.800 it feels like he says something and we're asked to respond. The fact that the government's not and I

00:12:55.680 know you're not going to want to respond right away. And I know you're not going to want to

00:12:58.440 I don't think we need to listen to the NDP person. I think we listen to people whose parties have more

00:13:03.040 than seven percent of the vote. What are these? This is nothing. But again, it's the Canadian

00:13:09.960 institutions that don't want to deal with serious issues seriously. They don't want to be like that Trump

00:13:16.420 guy's crazy. He's insane. It's hard to deal with him. Like, OK, now what we've gotten out of our 1.00

00:13:24.820 systems? Have we gotten the like, oh, Trump's crazy stuff out of our symptom systems. Can we now

00:13:30.520 actually scrutinize what the carny liberals are doing to win the negotiations? I have I've had people

00:13:36.120 online saying, well, Wyatt, they're not going to tell you what their negotiating position is. That

00:13:41.520 would be really stupid to do during the negotiation. Can we get anything, though? I don't know. 0.98

00:13:46.400 I don't know what Mark Carney and the liberal negotiator team. I don't know what they're

00:13:51.900 offering. I don't know what they're putting on the table. I don't know what they're demanding.

00:13:56.040 I don't know if the negotiating team for Canada is even allowed to discuss supply management.

00:14:03.000 What we've been hearing leaking from the negotiations is that the Canadian delegation

00:14:08.260 is attempting to renegotiate rather than just get to a trade deal ASAP. We are trying to

00:14:14.720 renegotiate the USMCA agreement. I know other people always put Canada first, like the CUSM

00:14:21.140 whatever. I just know USMCA better. They're like, oh, it's CASMA. USMCA is easier to say. I'm not

00:14:28.220 going to say CASMA or whatever. But we are trying to negotiate a monster of a trade deal. At the same

00:14:36.120 time, we could just say, okay, supply management is like quotas are weakened. You know, Wisconsin

00:14:43.500 cheese farmers can now like, you know, cheese makers can now send stuff into Canada. People in

00:14:49.000 the Dakotas raising chickens can now send poultry products into Canada in a limited amount. We could

00:14:54.460 do that and probably get out of the situation, but we don't want to. Supply management isn't even good

00:15:00.080 for our country. It's good for fake national pride. Oh, we only use Canadian chicken. But it's a stupid

00:15:05.900 quota system where it's not even allowing all Canadian farmers to produce. It gives like exclusive 1.00

00:15:11.100 producing rights to certain farmers and then cuts other people out. Again, I keep saying Alberta, 12% of

00:15:17.420 the population, 7% of the supply management quotas. But so we're trying to negotiate this monster of a trade

00:15:25.840 deal over again, rather than just signing a new trade deal to avoid a tariff. We want the entire

00:15:32.140 trade agreement to be remade that would also require Mexico to be involved unless we cut Mexico out of 1.00

00:15:38.680 it. This would be a great thing to do five months ago, not the, you know, late July, a few days before

00:15:46.260 August. Why do you think Donald Trump says, yeah, I don't even know. I don't think we can negotiate. I

00:15:51.820 don't think these negotiations are going anywhere. Canada doesn't want to. I guarantee it's pretty

00:15:57.620 much because we are countering reasonable demands about scrapping or weakening supply management and

00:16:04.400 saying, can we just fix the entirety of USMCA? Can we engage in what will be like a year long process

00:16:11.900 to change this thing instead of just signing a quick little trade agreement to alter some few things on

00:16:17.860 both sides of the border to have low for basically low or no tariffs? It would be so easy. When you're

00:16:24.140 dealing with Trump, you don't have to capitulate. You just have to give him the ability, the idea that

00:16:29.100 he won something, that he triumphed and he can go back and chalk it up as a win. You just have to

00:16:34.680 give Trump a win. You can actually win more in the negotiation than he does. He just needs a win.

00:16:41.520 I'm not someone sitting here saying, oh, I hope Trump destroys Canada. I love Trump. I'm Canadian.

00:16:46.560 I want Canada to win. Canada is not going to win and then America loses. America can't lose a trade

00:16:54.320 negotiation with Canada, even if we have tariffs on for a few months. The thing is, yeah, will it hurt

00:17:01.400 American consumers? Definitely. It will hurt Canadians more because although the tariff is on

00:17:06.560 American consumers buying Canadian goods, our economy is so weak, the indirect impact of not being

00:17:12.460 able to export as easily into the U.S. is going to crush so many businesses. We are more than 10%

00:17:20.300 of the U.S.'s population, but we have less than 10% of their economic power and we don't even barely

00:17:26.460 pay for our own defense. I can kind of see why the Americans get a little annoyed with Canada. I don't

00:17:31.580 think it's fully justified, but it's pathetic that we're in this situation where we could be trying to

00:17:39.340 actually negotiate seriously, come to an agreement that could get us out of this. And instead, it seems

00:17:44.720 like both Carney and the liberal negotiating team, as well as the talking heads on TV, just want to talk

00:17:50.740 about how bad Trump is. Again, where is Mark Carney? I know there's an itinerary for him every day. I'm not

00:17:57.280 saying that he's not where he says he is, but I'm saying, why is he in, why is he in PEI? Why is he in, like,

00:18:06.660 like, yesterday, he was, like, announcing something about, like, the tolls being removed from the

00:18:12.240 Confederation Bridge in the Maritimes. Okay, that's nice. He was in the Northwest Territories.

00:18:19.200 He's probably, tomorrow, he's probably going to, like, pop up in that tiny little spit of land of

00:18:24.220 the Maritimes that the France owns. There's, he's not, like, again, I don't require him to be in

00:18:29.420 Washington this entire time, but you think he'd be in his office and he'd be taking calls with

00:18:33.820 American Congress people constantly and senators and trying to put pressure on individuals along the

00:18:39.120 border and whatnot. You think he would be doing any sort of hardball? I'm not even saying capitulate.

00:18:45.080 Play hardball, but do something. I don't even know what he's doing. We don't know what the Canadian 1.00

00:18:49.460 position is. They don't have to spill it onto the floor with every single detail, but the Americans

00:18:54.500 never are hurt by just saying what they are doing. They generally tell Americans what their position

00:19:00.400 is and what they're asking for. Canada could say, yeah, we put a few things on the table.

00:19:05.140 Americans haven't bit at them yet, but, you know, it's all we can really do that's reasonable. 0.99

00:19:09.720 They're not even saying something that vague. We don't know if they put anything on the table,

00:19:14.260 and that's the problem. I can't actually say if we're negotiating in good faith or we're just

00:19:19.280 entering the room saying, can you just take the tariffs off? You know, can you do it for us?

00:19:24.880 Yes. I'll smile if you do it. Like, that's kind of where we're at right now, at least with the fog of

00:19:30.940 war we have currently going on, and everything the Americans are saying sounds like there really

00:19:34.740 isn't a real negotiation. They are just sitting in that room. The Canadian negotiators are saying,

00:19:39.560 pretty, please remove the tariffs, and they're like, no, and that's where we're at. Anyways, so

00:19:45.740 that should be it for this video, guys. I will definitely be back later. I'm probably doing a

00:19:51.080 live stream later today, so if you got time, I might be sitting down, and I might be doing the

00:19:56.360 same thing that Northern Perspectives is doing, watching the Battle River Crowfoot Candidates

00:20:00.820 Forum as an excuse to, you know, do something live. It's fun. I didn't do this because Northern 0.99

00:20:06.740 Perspectives was doing this. I was actually independently wanting to do it, and then they

00:20:10.880 ended up announcing they were doing it too. Great minds think alike, perfectly fine. Go watch them

00:20:15.860 if you like them better than me, but I will see you guys probably around 7 or 8 p.m. Mountain Time.

00:20:21.080 But anyways, with that, see you guys all later.

The National Telegraph - Wyatt Claypool - July 29, 2025

CBC in Total Denial - Carney can't handle Trump on trade!

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