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.
00:00:02.840I love it whenever the mainstream media figure something out that we've all known for a long time.
00:00:08.680They're puzzled confusion in discovering something that should have been obvious.
00:00:13.260And this week, they find out that Prime Minister Mark Carney is not the master negotiator that he pitched himself as.
00:00:21.140Like, it was always clear that he wasn't actually a good negotiator, just based on the way he talked about negotiating.
00:00:28.240Whenever 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.
00:00:38.540And he would say, well, whatever reporter he's talking to, I've dealt with men like Donald Trump before.
00:01:05.640If 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.
00:01:14.780You 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.
00:01:22.020But he didn't give any details, not because he was trying to hide his, you know, his tactics, his strategy.
00:01:29.580But 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.
00:01:42.000He has zero cards in the situation, and he's just pretending, like, this is all part of the plan.
00:01:46.800But 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.
00:02:00.620But here we have this article written by Nadine Youssef with the title,
00:02:06.160Candace 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.
00:02:14.200I 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.
00:02:21.040It 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.
00:02:33.360It came as the two countries engaged in intense trade talks meant to produce a new deal in the coming days,
00:02:39.000and what the latest tariff threat means for these negotiations is unclear.
00:02:44.880But 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.
00:02:54.020Carney won April's general election, vowing to keep his, quote, elbows up, unquote, in the face of U.S. threats,
00:03:01.320leaning on a popular ice hockey metaphor used to describe an assertive and confrontational style of play.
00:03:06.620In 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.
00:03:14.400But it's funny reading a U.K. paper having to, like, describe this stuff to their audience.
00:03:18.780But this is the part where it gets good.
00:03:20.700They say, but Canada's recent concessions to Trump appear to have yielded to date little results.
00:03:26.740First point here is Trump threatens 35% tariffs on Canadian goods.
00:03:30.640Second, Canada will deal with Trump on our terms, Carney tells the BBC.
00:03:34.000The latest came in late June when Canada scrapped a digital services tax, DST.
00:03:39.980It had planned to impose on big tech companies after Trump threatened to end negotiations over the policy.
00:03:45.500The White House said that Canada caved to its demands and the move prompted debate in Canada.
00:03:53.440Canadian commentator Robin Urbach wrote, maybe Prime Minister Mark Carney's elbows were getting tired.
00:03:58.960She said government elbows, elbows up and down approach negotiations and so far could be characterized as a chicken dance.
00:04:07.320And I'm going to go down to what was later said.
00:04:10.260Walking back on the DST has achieved, quote, less than nothing, he said.
00:04:15.580And that is quoting Blaine Haygart here, professor of political science at Brock University.
00:04:21.000Somebody who is probably not a liberal or probably not a conservative at heart.
00:04:26.600And yeah, we have achieved absolutely nothing so far.
00:04:30.480And it's funny that the media is starting to figure out that maybe there's nothing actually here.
00:04:35.040Maybe we don't actually have something in Mark Carney's back pocket that we're waiting to play.
00:04:40.320It 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.
00:04:52.980But we would have to do so much damage to ourselves, an economy that's already per capita weaker than the United States.
00:05:27.360It makes people feel good because, oh, we're going to hit them back.
00:05:30.480But it's just a tax on our own people importing American products.
00:05:33.260I 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.
00:05:49.860You 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.
00:05:55.300And, again, we could probably offer up getting rid of supply management.
00:05:59.120Trump 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.
00:06:11.020You'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.
00:06:19.740You actually do need to please the farmers in those areas who cannot sell eggs and chicken and dairy products and cheese into Canada.
00:06:29.840That is what Trump is going after here.
00:06:31.480And, yes, supply management is unfair, not just to the U.S., to farmers in Canada, not part of the system, and to consumers.
00:06:38.000It's like how the digital services tax was basically unfair to everybody.
00:06:41.300It 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.
00:06:51.940And 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.
00:06:58.280During negotiations where we're supposed to be lowering tariffs, these people are amateurs.
00:07:02.280They 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.
00:07:12.060But 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.
00:07:27.380But there are some people who are still true believers.
00:07:30.640This 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.
00:07:41.300And somehow got off of all of it from making a deal.
00:07:44.720He'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.
00:07:52.680Because, 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.
00:08:17.580Guys, 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.
00:08:32.320And when I say they do that to get money from the government, I mean, they only started publishing hacky political articles in 2020.
00:08:39.760And that's exactly what they started getting a bunch of money from the government.
00:08:42.940You go back long enough, they used to never cover Canadian politics.
00:08:46.640Now they do from a left-wing perspective, and suddenly tens of thousands of dollars start showing up every year.
00:09:28.640But 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?
00:09:40.700We have this thing going on right now, and I should go and check it out in a second here.
00:09:46.560But 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.
00:10:06.300Is leading the way on energy security and diversification.
00:10:09.160Great discussions with CEO Claudio Desarelzi or whatever on how Canada and Italy can deepen cooperation to advance reliable, sustainable energy solutions.
00:10:18.600And they're trying to sign a bunch of deals, meeting with people in the European Union and Italy and the UK.
00:10:24.740We're signing all these deals, pretending like it is going to solve the trade problem.
00:10:30.180We trade with the U.S. 80% plus in terms of our exports and imports for a reason.
00:10:38.780It's not because we are being captured by the United States.
00:10:41.600It'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.
00:11:04.140It's bad for his own country to put tariffs on Canadian imports.
00:11:07.760It's, I want Carney to be competent here and triangulate us towards no tariffs.
00:11:13.920In fact, Trump was basically telling us to reduce our tariffs for him to reduce his tariffs.
00:11:19.160I don't actually think he wants to tariff us 35%.
00:11:21.320It's, in fact, a bigger tariff than what he was threatening on other countries.
00:11:24.780And 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.
00:12:24.100If he was serious about negotiating, do you think he wouldn't be mean with Trump now?
00:12:27.480Trump, contrary to what people like Laura Babcock think, is not sweating his boots wondering what Carney's going to do.
00:12:34.600He doesn't care, partially his personality, partially the fact that he is leading the United States, and none of this actually matters at all.
00:12:44.800And 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.
00:12:54.220We are going to hurt our own economy by thinking like this.
00:12:58.120I 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.
00:13:06.640People 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.
00:13:14.640Every day watching this stupid fucking reality television show down there led by an absolute bunch of maniacs.
00:13:21.640And 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.
00:13:33.780Of course, and it always goes back to conservatives are bad because I don't like Donald Trump.
00:13:38.220But again, all these people keep attacking the U.S.
00:13:40.740But when they're actually making progress, when it comes to like domestic policy, they're doing better than us.
00:13:46.740And so what's their I don't get their point.