The National Telegraph - Wyatt Claypool - July 12, 2025


Media realize Carney LIED about his negotiating skills with Trump

Topics
supply management
Hosted by
Wyatt Claypool
Mentioned
Donald Trump Mark Carney Candace Carney Boycott American Claudio Desarelzi Nadine Youssef Blaine Haygart Laura Babcock Robin Urbach Pierre Pauly Hendy Fry Cardi
Trump threatens 35% tariff on Canada and PM Carney is on vacation. #cdnpoli #markcarney Carney barred from dealing with 103 companies! The list is revealing

Episode Stats


Length

14 minutes

Words per minute

193.4

Word count

2,809

Sentence count

195

Harmful content

Toxicity

20

sentences flagged

Hate speech

1

sentences flagged


Summary

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

Wyatt Claypool talks about Canada's new Prime Minister, Mark Carney, and what it means for the country's trade relations with the United States, and why he's not a very good deal maker. He also talks about how he's dealing with Donald Trump and what he's trying to do about it.

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Hey guys, Wyatt Claypool here.
00:00:02.840 I love it whenever the mainstream media figure something out that we've all known for a long time.
00:00:08.680 They're puzzled confusion in discovering something that should have been obvious.
00:00:13.260 And this week, they find out that Prime Minister Mark Carney is not the master negotiator that he pitched himself as.
00:00:21.140 Like, it was always clear that he wasn't actually a good negotiator, just based on the way he talked about negotiating.
00:00:28.240 Whenever he was asked how he would deal with Donald Trump and how he would negotiate a trade deal to make sure that we don't get hit by a large tariff, Mark Carney, first he'd have his claws in the air.
00:00:38.540 And he would say, well, whatever reporter he's talking to, I've dealt with men like Donald Trump before.
00:00:45.080 I know his type.
00:00:47.100 In which, like, no you don't, Trump is the only Trump that exists.
00:00:50.680 He's a very big and unique personality.
00:00:53.460 The idea that you've dealt with people like him is insane.
00:00:56.120 But you'd be like, I've negotiated before.
00:00:57.880 I know how to get deals done.
00:00:59.740 I know what makes men like him tick, and I can get a deal done.
00:01:03.880 It's like, no, you can't.
00:01:05.640 If you knew how to get a deal done, you would probably give some detail about the things that you're willing to offer, the pressure points that you think exist here or there.
00:01:14.780 You know, it's not like it's giving away the game, because I think this is all stuff that the other side can perceive that you might mention or ask about.
00:01:22.020 But he didn't give any details, not because he was trying to hide his, you know, his tactics, his strategy.
00:01:28.160 It's because he didn't have one.
00:01:29.580 But in just a second here, I want to go through a BBC News article where the writer is very much seems almost, like, bemused by the fact that it's just coming out that Cardi actually has absolutely nothing.
00:01:42.000 He has zero cards in the situation, and he's just pretending, like, this is all part of the plan.
00:01:46.800 But anyways, before we get to that, I just want to remind you guys, if you like the channel, make sure to leave a like on the video, leave a comment on what you think about the situation, and subscribe if you are not yet a subscriber to the National Telegraph.
00:02:00.620 But here we have this article written by Nadine Youssef with the title,
00:02:06.160 Candace Carney talked tough on Trump, now some say he's backing down, in which they really mean anyone being honest saying he's backing down.
00:02:14.200 I want to read a little bit of this to you. I just found it very interesting when I gave it a quick glance a little earlier today.
00:02:21.040 It says, it's another curveball in the Canada-U.S. trade war, a new missive by U.S. Donald Trump threatening an unexpected 35% tariff on Canada's goods starting next month.
00:02:33.360 It came as the two countries engaged in intense trade talks meant to produce a new deal in the coming days,
00:02:39.000 and what the latest tariff threat means for these negotiations is unclear.
00:02:44.880 But Canada's new Prime Minister, Mark Carney, is beginning to face questions over whether he is able to stand up to Trump and secure the fair deal for Canada he promised.
00:02:54.020 Carney won April's general election, vowing to keep his, quote, elbows up, unquote, in the face of U.S. threats,
00:03:01.320 leaning on a popular ice hockey metaphor used to describe an assertive and confrontational style of play.
00:03:06.620 In fact, if you know anything about hockey, and I'm not a big hockey buff, you know actually hitting someone with your elbows up is deeply illegal.
00:03:14.400 But it's funny reading a U.K. paper having to, like, describe this stuff to their audience.
00:03:18.780 But this is the part where it gets good.
00:03:20.700 They say, but Canada's recent concessions to Trump appear to have yielded to date little results.
00:03:26.740 First point here is Trump threatens 35% tariffs on Canadian goods.
00:03:30.640 Second, Canada will deal with Trump on our terms, Carney tells the BBC.
00:03:34.000 The latest came in late June when Canada scrapped a digital services tax, DST.
00:03:39.980 It had planned to impose on big tech companies after Trump threatened to end negotiations over the policy.
00:03:45.500 The White House said that Canada caved to its demands and the move prompted debate in Canada.
00:03:53.440 Canadian commentator Robin Urbach wrote, maybe Prime Minister Mark Carney's elbows were getting tired.
00:03:58.960 She said government elbows, elbows up and down approach negotiations and so far could be characterized as a chicken dance.
00:04:07.320 And I'm going to go down to what was later said.
00:04:10.260 Walking back on the DST has achieved, quote, less than nothing, he said.
00:04:15.580 And that is quoting Blaine Haygart here, professor of political science at Brock University.
00:04:21.000 Somebody who is probably not a liberal or probably not a conservative at heart.
00:04:26.600 And yeah, we have achieved absolutely nothing so far.
00:04:30.480 And it's funny that the media is starting to figure out that maybe there's nothing actually here.
00:04:35.040 Maybe we don't actually have something in Mark Carney's back pocket that we're waiting to play.
00:04:40.320 It turns out that we are a country one tenth of the size of the United States and we were not exactly going to be able to pull out a big threat to hurt Donald Trump like we can hurt Trump in the United States.
00:04:52.980 But we would have to do so much damage to ourselves, an economy that's already per capita weaker than the United States.
00:04:59.480 It wouldn't be worth it at all.
00:05:01.140 And it's not even a smart thing to do.
00:05:02.600 In fact, what we should be doing right now is lowering taxes.
00:05:06.600 That is what we should be doing.
00:05:08.040 We should be trying to out-compete the U.S., even if they were just tariffing us and there was nothing we can do about it.
00:05:13.260 Do you know what we do in response?
00:05:15.020 We don't counter-tariff.
00:05:16.180 I disagree with Pierre Pauly and the Conservatives on this.
00:05:19.020 I disagree, obviously, with the current liberal government, who that's their approach.
00:05:22.460 I disagree with the NDP, the Greens, the Bloc Québécois.
00:05:25.760 You do not counter-tariff.
00:05:27.360 It makes people feel good because, oh, we're going to hit them back.
00:05:30.480 But it's just a tax on our own people importing American products.
00:05:33.260 I would rather we just lower our taxes so then maybe even companies can still sell them to the United States with maybe a 10% or 20% tariff because we've reduced our taxes by 10% or 20% so it's easier to produce stuff here.
00:05:46.520 That's how you combat it.
00:05:48.080 You just make yourself better.
00:05:49.860 You don't just shoot yourself in the foot because the other guy shot himself in the foot because the tariff is actually going to hurt Trump in the re-election.
00:05:55.300 And, again, we could probably offer up getting rid of supply management.
00:05:59.120 Trump has already basically said the supply management thing is a big deal to him because swing states for the Republicans in the upcoming midterms are going to be Minnesota, Wisconsin, Michigan.
00:06:11.020 You're probably going to have some seats up for grabs along the border in Washington and, you know, some of the other states, Montana, trying to hold on to those congressional seats.
00:06:19.740 You actually do need to please the farmers in those areas who cannot sell eggs and chicken and dairy products and cheese into Canada.
00:06:29.840 That is what Trump is going after here.
00:06:31.480 And, yes, supply management is unfair, not just to the U.S., to farmers in Canada, not part of the system, and to consumers.
00:06:38.000 It's like how the digital services tax was basically unfair to everybody.
00:06:41.300 It was effectively just trying to tax American tech companies because we don't have that many tech companies, so it was mostly a tax that, like, 95% of it was going to be on American revenue.
00:06:51.940 And then that's not just hurting Canadians who have to pay for these services, but it's an obvious shot across the bow in the U.S.
00:06:58.280 During negotiations where we're supposed to be lowering tariffs, these people are amateurs.
00:07:02.280 They keep pretending like it's all a long negotiating process and it's all part of the strategy, but Carney has never been able to actually articulate what he's getting out of any of this.
00:07:12.060 But now I just have to highlight this post because there are some people in the mainstream media in the different papers, like the BBC and those they were quoting, who are turning on Carney and, like, noting that there's nothing really – there's no there there when it comes to the way that Carney's negotiating.
00:07:27.380 But there are some people who are still true believers.
00:07:30.640 This guy Felicella, I think that's how you're supposed to say it, he's a big safe supply shill, some guy who had a rap sheet a mile long.
00:07:41.300 And somehow got off of all of it from making a deal.
00:07:44.720 He's one of these guys who basically is, like, the biggest abuser of drug addicts right now because he'll basically keep advocating for the policies that are hurting them.
00:07:52.680 Because, hey, these policies technically helped me, even though he got off drugs, like, 15 years ago, back when there wasn't fentanyl on streets and back when safe supply wasn't around.
00:08:01.260 But that's my thing on him.
00:08:02.220 But in this post, he says, I know I'm part of the 76% of Canadians who are boycotting American products.
00:08:10.560 Are you?
00:08:11.300 This needs to be 100%.
00:08:12.960 Boycott American products.
00:08:15.060 Boycott American travel.
00:08:16.580 Boycott America.
00:08:17.580 Guys, and of course, he shows an article from CultMTL, CultMontreal or CultureMontreal, which is a complete, just a hacky publication that gets money from the Canadian government every year to just print liberal propaganda.
00:08:32.320 And when I say they do that to get money from the government, I mean, they only started publishing hacky political articles in 2020.
00:08:39.760 And that's exactly what they started getting a bunch of money from the government.
00:08:42.940 You go back long enough, they used to never cover Canadian politics.
00:08:46.640 Now they do from a left-wing perspective, and suddenly tens of thousands of dollars start showing up every year. 0.97
00:08:52.120 But this is foolish. 1.00
00:08:54.300 Trying to boycott American products is dumb. 0.99
00:08:57.440 Boycotting products from any country that isn't a national enemy. 0.97
00:09:01.060 And when I say national enemy, I don't mean that we don't like them so much.
00:09:03.940 I mean, like, the CCP or Iran or, like, North Korea.
00:09:08.620 Yeah, don't trade maybe with them or maybe try and buy fewer of their products.
00:09:12.940 I don't really want to give more money to the Chinese government by giving money to their corporations that pay them taxes.
00:09:19.140 I'd rather starve them out because they're a bad actor on the planet.
00:09:22.500 Yeah, like, trade less with Laos. 0.97
00:09:24.400 I'm fine with that.
00:09:25.200 Don't trade with Equatorial Guinea. 0.87
00:09:27.360 Totally cool.
00:09:28.640 But the problem with not buying American is how much is the average Canadian willing to pay more in order to just buy the Canadian version or buy a version from Europe or whatever?
00:09:40.700 We have this thing going on right now, and I should go and check it out in a second here.
00:09:46.560 But we have our finance minister and our other trade ministers celebrating the fact that we're signing all these deals with European countries for trade.
00:09:57.080 And it's not going to help.
00:09:59.160 We see Francois-Philippe Champagne saying, E&I, who are they?
00:10:04.880 I don't know.
00:10:05.260 It's just some group.
00:10:06.300 Is leading the way on energy security and diversification.
00:10:09.160 Great discussions with CEO Claudio Desarelzi or whatever on how Canada and Italy can deepen cooperation to advance reliable, sustainable energy solutions.
00:10:18.600 And they're trying to sign a bunch of deals, meeting with people in the European Union and Italy and the UK.
00:10:24.740 We're signing all these deals, pretending like it is going to solve the trade problem.
00:10:30.180 We trade with the U.S. 80% plus in terms of our exports and imports for a reason.
00:10:37.160 It's not because we're weak.
00:10:38.780 It's not because we are being captured by the United States.
00:10:41.600 It's because I can, currently from where I'm sitting, I could just walk in one direction for the entire day and I would eventually be in the United States.
00:10:49.380 I can't do that anywhere else.
00:10:50.840 If I was driving a car, I could be there in 45 minutes.
00:10:53.680 If I was back in Calgary, it would take me an hour and a half to get to the United States.
00:10:57.760 That's why we trade a lot with them.
00:10:59.180 Because it makes sense.
00:11:00.520 And I'm not justifying Trump tariffing us.
00:11:02.380 It's bad for him to tariff us.
00:11:04.140 It's bad for his own country to put tariffs on Canadian imports.
00:11:07.760 It's, I want Carney to be competent here and triangulate us towards no tariffs.
00:11:13.920 In fact, Trump was basically telling us to reduce our tariffs for him to reduce his tariffs.
00:11:19.160 I don't actually think he wants to tariff us 35%.
00:11:21.320 It's, in fact, a bigger tariff than what he was threatening on other countries. 0.98
00:11:24.780 And that really what it probably is, is just a negotiating tactic saying, please get rid of this stupid policy and I will do this or get rid of it or else. 0.98
00:11:33.060 And you can say, is that moral? 0.99
00:11:34.980 Should he be doing that to an ally?
00:11:36.400 Does it really matter?
00:11:38.500 This is where I'm willing to be a little morally relative.
00:11:41.340 Because at the end of the day, it doesn't matter for getting to the deal.
00:11:44.260 Should he say that?
00:11:45.220 Maybe not.
00:11:45.980 But it happened.
00:11:46.860 So what are we going to do about it?
00:11:48.140 That's more so what I'm thinking here.
00:11:50.620 Anyways, that's it for today, guys.
00:11:53.720 And of course, if you actually even go on to like the CBC and some of the other publications,
00:11:57.540 they're starting to have to publish stuff about, well, what's Carney doing?
00:12:01.940 Are we getting to a deal?
00:12:03.560 What's the strategy?
00:12:04.640 And every single minister to a person other than Hendy Frye, who was saying, actually, we totally won by getting rid of the DST.
00:12:12.160 They're all refusing to talk about it.
00:12:14.380 They refuse to say what the strategy is.
00:12:16.160 And they're using the idea that, oh, it's secret.
00:12:18.200 It's secret.
00:12:19.040 It's complicated.
00:12:19.900 It's a process.
00:12:20.720 It's not a process.
00:12:22.280 Carney's currently on vacation.
00:12:24.100 If he was serious about negotiating, do you think he wouldn't be mean with Trump now?
00:12:27.480 Trump, contrary to what people like Laura Babcock think, is not sweating his boots wondering what Carney's going to do.
00:12:34.600 He doesn't care, partially his personality, partially the fact that he is leading the United States, and none of this actually matters at all.
00:12:44.020 Oh, my goodness.
00:12:44.800 And like all these people going around trying to turn this into a big patriotic thing to stop buying American products and actually thumb our noses and refuse to sign a deal. 1.00
00:12:53.480 It's stupid. 1.00
00:12:54.220 We are going to hurt our own economy by thinking like this. 1.00
00:12:58.120 I just now want to highlight a clip from her own show about the sort of delusional people who think that this is a great moment.
00:13:06.640 People who are well off thinking that this is a great moment to put other people's standard of living at risk in order to make a patriotic point. 1.00
00:13:14.640 Every day watching this stupid fucking reality television show down there led by an absolute bunch of maniacs. 0.99
00:13:21.640 And if I'm forward, if I'm conservative, I'm like, Trump is our best friend because he's going to allow us to fulfill an agenda while the public is distracted. 1.00
00:13:33.780 Of course, and it always goes back to conservatives are bad because I don't like Donald Trump.
00:13:38.220 But again, all these people keep attacking the U.S.
00:13:40.740 But when they're actually making progress, when it comes to like domestic policy, they're doing better than us.
00:13:46.740 And so what's their I don't get their point.
00:13:50.100 And it was I'm rambling now.
00:13:52.120 I don't know.
00:13:52.800 I don't understand all these people who will at the same time.
00:13:55.460 Like, yeah, I don't like the terrorists, but they'll just like pretend everything's crazy in the U.S.
00:13:58.860 I'm like, guys, have you seen Vancouver's drug problem?
00:14:02.060 Have you seen the random gang shootings that have been going on around Canada?
00:14:05.940 Either things are as bad or worse in Canada. 1.00
00:14:08.240 The economy sucks. 0.98
00:14:09.600 Like the thing is that they're actually solving their immigration problem or not. 0.98
00:14:13.300 But apparently elbows up.
00:14:15.120 So we're better than them.
00:14:16.520 We're better than them because we're better than them or whatever. 0.99
00:14:19.100 It's so pathetic regardless. 0.96
00:14:21.320 So that should be it for me today, guys. 0.61
00:14:24.000 Reminder, like the video, subscribe to the channel, leave a comment, do all that great stuff.
00:14:28.000 Really helps the channel out.
00:14:29.500 And I'll see you guys in my next video.