The National Telegraph - Wyatt Claypool - July 18, 2025


Mark Carney’s Liberals are failing on trade with the US.


Episode Stats

Length

3 minutes

Words per Minute

160.97255

Word Count

512

Sentence Count

48

Hate Speech Sentences

1


Summary

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

The U.S. has a 35% tariff on Canada, and they want to get rid of supply management, but Canada won't budge on it. I don't know what else to do but complain about it.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Hey guys, so Canada has a really big trade problem right now, and the U.S. Press Secretary Carolyn
00:00:08.520 Levitt basically just confirmed that the U.S. doesn't even really think that there's going to
00:00:13.860 be a deal with Canada in time for their August 1st deadline, so the 35% tariff on Canada is
00:00:20.500 effectively where the deal stands right now. And you know, I'm not trying to sound anti-patriotic
00:00:27.560 here by saying that the Canadian government is messing this up. Naturally, I don't want a tariff
00:00:33.240 placed on Canada. I don't like tariffs in general, unless you're placing them obviously on hostile
00:00:38.920 foreign countries where you really shouldn't be trading with them in the first place.
00:00:42.360 But the problem with our negotiating team is when you enter a trade negotiation and everything is
00:00:49.060 off limits, it's going to be really difficult to make a deal. If Trump and the United States wants
00:00:55.220 us to loosen our supply management rules in order so that, you know, people making cheese in Wisconsin
00:01:02.040 can sell them to Canada and dairy farmers in the U.S. and chicken farmers can also send some of their
00:01:07.160 excess product into our country, and we could also send ours into theirs. Naturally, we're not going to
00:01:13.060 be able to come to any agreement if we literally won't even budge. It's just deal-making 101. You can
00:01:19.840 pretend to be the most reasonable person on the planet. Oh, I want us to meet in the middle. I want
00:01:25.460 a deal that works for both of us. But if they have one big thing they want you to get rid of,
00:01:30.800 why are they then going to get rid of their big thing that you want them to get rid of, but when
00:01:36.380 you're unwilling to budge on what they want? It's just logic. I think it's because, frankly, we're finding
00:01:43.560 out that Mark Carney is far more beholden to the supply management industry than he is to actually
00:01:50.640 getting Canada a good trade deal that's good for everybody. And this isn't even good for farmers.
00:01:56.860 Yes, if you are in the supply management system, the supply management system is great. Who would
00:02:01.340 have thunk it? The problem is, if you aren't a supply management farmer, it's terrible. There are
00:02:07.920 people being arrested for producing illegal eggs because they were not part of the quota system.
00:02:12.720 Having to dump milk because they produce too much based on the quota system rules.
00:02:17.500 This is ridiculous, and it would be good for Canadian consumers not only to not have tariffs
00:02:22.720 on us from the United States, but also to not have the internal tariff between provinces on dairy,
00:02:30.180 eggs, and cheese. Because this is effectively a subsidy to farmers mostly in Quebec and Ontario,
00:02:36.460 and against farmers out in the West. Anyways, that should be it for me, you guys. See you later.
00:02:42.720 Thank you.
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