The National Telegraph - Wyatt Claypool - April 27, 2026


Trump Completely Ignores Mark Carney – Strikes Deals Directly With Canadian Companies!

Hosted by
Wyatt Claypool
Mentioned
Donald Trump Mark Carney Jean Charest Polyev Dominic LeBlanc Erin O'Toole Jim Switzer Lisa Raitt Doug Ford
Mark Carney is LYING when he says he is making wages go up. #cdnpoli #canadianpolitics Carney OUTPLAYED by Trump - Looks desperate on CBC trying to make excuses!

Episode Stats


Length

16 minutes

Words per minute

178.64

Word count

2,867

Sentence count

165

Harmful content

Toxicity

6

sentences flagged

Hate speech

4

sentences flagged


Summary

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

Trump has just finished Mark Carney when it comes to the Canada trade dispute. Whatever you think about who's in the right and who's wrong, it really doesn't matter. We should have been playing hardball at the negotiating table and hammering out a deal. But ironically, because Prime Minister Mark Carney and the Liberals have such severe Trump derangement syndrome, they decided not to engage in real trade talks to try and deny Trump a win on trade. Now Trump is cutting Mark Carney out of the process and going to Canadian companies himself.

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 .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Hey guys, Wyatt Claypool here and welcome back to the National Telegraph YouTube channel.
00:00:06.320 So it looks like U.S. President Donald Trump has just finished Mark Carney when it comes to the
00:00:12.480 U.S. Canada trade dispute. Whatever you think about who's in the right and who's in the wrong,
00:00:18.640 it really doesn't matter on what Canada should have been doing up to this point.
00:00:23.540 We should have been playing hardball at the negotiating table and hammering out a deal.
00:00:30.000 But ironically, because Prime Minister Mark Carney and the Liberals have such severe Trump
00:00:35.560 derangement syndrome, they decided they were not going to engage in real trade talks to try and
00:00:41.580 deny Trump a win on trade. I guess they think they're going to wait out Trump like it was going
00:00:47.100 to get really close to the midterms or even after the midterms. Trump was going to be forced to make
00:00:52.140 a deal that was bad for him but good for Canada. That was never going to happen. And the ironic
00:00:58.860 part is now Trump is just cutting Mark Carney out of the process and going to Canadian companies
00:01:05.500 himself, meaning that Carney is actually giving an even bigger win to Trump than he would have
00:01:11.820 if he just sat down and signed a flat-out trade deal with him by his original date of July 2025
00:01:19.700 to get a deal done. Check out this headline from the CBC. Trump offers immediate tariff relief to
00:01:27.840 Canadian aluminum and steel companies that commit to U.S. expansion. Now, this is something that
00:01:34.440 Trump could repeat all over the place. He could do it with soft lumber companies. He could do it
00:01:40.100 with autos. He could do it with anything he wants from Canada that has an American tariff applied to
00:01:46.300 it. I think the other day I was talking about 25% tariffs. I do have to remember, I believe in many
00:01:51.700 cases, it's now 50%. But what the heck did Mark Carney think was going to happen here? That he
00:01:58.300 was just going to fold his arms like, nope, not negotiating. And that somehow we were going to
00:02:02.760 win at the end of the day here. They kept putting out these lame excuses that, oh, it's taking a
00:02:08.220 long time because we want a good deal for Canadians. We're not going to sign a bad deal.
00:02:12.760 And us apparently sitting there doing nothing means that we're cooking up a really good deal.
00:02:18.540 like we're slow roasting like a beef roast we're just really letting it sit there and cook slow
00:02:25.460 and it's going to be great on the other side no they weren't even negotiating this is confirming
00:02:30.400 everything that u.s trade representative that we heard from uh from the other day said jim switzer
00:02:36.240 he said that the problem with trying to get a trade deal with canada compared to like mexico
00:02:41.960 is that the canadian negotiators and mark carney don't want to negotiate and it's because carney's
00:02:48.200 ego is too big and his superiority complex is too strong to negotiate with Trump and the Americans
00:02:55.360 because he doesn't want to look weak by signing something that could be spun as bad. And so he's
00:03:00.960 just sitting there hoping that a deal is just going to arrive on his desk. And now Trump has
00:03:06.700 just basically said that, yeah, Carney, you're done. We're not talking anymore. I'm just going
00:03:11.740 to talk to your companies myself because I do not know what you're even trying to do. There has been
00:03:17.060 no movement on trade between the U.S. and Canada since October. And then our trade minister and
00:03:25.640 Carney, Trade Minister Dominic LeBlanc and Carney, had the audacity to say, we're just going to
00:03:31.140 push the trade talks on tariffs to the KUSMA-USMCA renegotiation. Like, oh, wow, you couldn't get the
00:03:40.040 book report done, and now you think you're going to get the book report and the thesis done
00:03:44.120 together? No. Again, that U.S. trade representative, Jim Switzer, said if they can't get this tariff
00:03:50.780 issue solved, you think that they're going to get a good deal when it comes to the U.S. MCA
00:03:56.660 Kuzma negotiations? That's delusional. But I just want to quickly show you guys some details
00:04:02.460 about what's going on here. This is being reported by Table Salt on X. They say here,
00:04:09.340 breaking, Trump has signed an order allowing Canadian and Mexican steel and aluminum producers
00:04:14.400 to apply to avoid tariffs on the condition that they submit plan to move production to the USA
00:04:20.640 in the future. Wow, he's bypassing Carney and offering a bailout directly. And the summary here
00:04:27.500 reads, in the presidential proclamation 1098-4 on October 17th, 2025, adjusting imports of medium
00:04:36.120 and heavy duty vehicles, medium and heavy duty vehicle parts, blah, blah, blah. The president
00:04:40.420 imposed tariffs on imports of special medium and heavy duty vehicles. It goes on and on and on,
00:04:45.980 but then basically says at the end here, the notice establishes procedures for submissions
00:04:51.580 and reviews of documentation, substantiating new U.S. production capacity commitments and
00:04:57.240 eligibility for adjusted tariffs by the Department of Commerce. So you can actually get potentially
00:05:03.860 US tariffs removed from all of your products coming from going from Canada into the United
00:05:09.580 States, the current tariff rate on some of the stuff being anywhere from 25% to 50%. You can have
00:05:15.380 that removed if you just say, hey, I'm going to open up a new production plant by, you know,
00:05:21.720 2028 in Ohio, or in Illinois, or in Idaho or Montana, I'm going to move some of my softwood
00:05:29.420 lumber production down to Oregon. If you do that, you could actually have the tariffs removed. I
00:05:34.940 know we're just talking about steel and aluminum here. I just brought up softwood lumber because
00:05:38.440 again, this could be easily repeated if a company commits to an investment in the U.S., they can
00:05:44.400 remove their tariff. And an investment in the U.S. technically benefits that company, so it's way
00:05:49.480 better than paying a tariff. What is Carney doing? I'm sorry, everyone who said he shouldn't have to
00:05:56.580 negotiate with Trump? Trump's untrustworthy. Well, apparently the Canadian companies don't think so
00:06:01.320 because many of them are excited by this. This is a very good look on Trump. He's trying to be
00:06:06.340 reasonable. He's trying to get a deal signed. Anyone can try and claim, oh, well, Trump's
00:06:12.140 untrustworthy. All these companies would be foolish to trust him. Whatever. I don't even care what 0.99
00:06:17.960 your opinion on Trump is, positive or negative. It doesn't matter. He's making proposals. What's
00:06:24.800 Carney's proposal. This is where Polyev has been really good recently. I call it the backseat
00:06:29.980 driver routine, but I don't mean that negatively. Here, Polyev is really getting under Carney's skin
00:06:37.020 because as the opposition conservative leader, he can't negotiate a trade deal himself. And so what
00:06:42.660 he's left to do is that Carney told him and the media told him, be constructive. Why don't you
00:06:47.900 be cooperative? Stop being obstructionist. So Polyev's like, how about you try this? How about
00:06:52.000 you do that? How do you do that? How about you stop and ask for directions? How about we go get
00:06:55.700 a map? I think you took a wrong turn. And he's basically just backseat driving Carney on this
00:06:59.920 pointing of every single stupid thing that Carney's doing. Like Carney, why would you sign 0.98
00:07:05.420 a trade deal with China and then alienates us from the Americans? And how about instead of
00:07:11.060 pursuing that China deal, you agree to scrap it to get tariffs removed from Canadian vehicles
00:07:17.040 going into the United States? How about that? And Carney's just like ignoring him because his ego
00:07:21.940 and his superiority complex is too great to actually listen to good advice and so he is
00:07:29.340 having his lunch systematically eaten by his lunch systematically eaten by Donald Trump
00:07:35.680 because he refuses to acknowledge that simply saying elbows up was ever a plan because he can
00:07:43.360 claim no no elbows up isn't a plan we have real discussions going on Trump can Trump and his
00:07:48.320 administration, his trade negotiators, can say what the issues are that they want to negotiate
00:07:52.620 on. But Dominic LeBlanc and our other trade negotiators, representatives, will not say where
00:07:58.260 the negotiations are at because it's probably embarrassing for them to say that we're basically
00:08:03.000 at square one because we won't budge an inch on anything. It's not unpatriotic for me to say
00:08:08.580 we're a country of 40 million people. They're a country of 340 million people. They have a little
00:08:14.000 bit more leverage than us here. That doesn't mean that we're going to lose at the end of the day.
00:08:17.960 That just means that we have to, like Polly have said, maybe lower, you know, lower our regulations, lower certain taxes. I think that Polly doesn't go far enough. We need to remove taxes or lower taxes across the board on income, lower taxes by 20% on all personal income brackets, corporate income brackets, take a point off the GST, have that economic leverage on the Americans by making our economy stronger.
00:08:42.400 and then you can actually get some concessions from the Americans. And we're not the only ones
00:08:47.280 who have to give up concessions in order to remove the tariffs. But again, Carney won't do it.
00:08:53.020 Instead, we've done stupid things like to let Doug Ford run anti-Trump ads in the United States 0.93
00:08:58.820 and letting the different premiers take U.S. alcohol off store shelves as if that was going 0.98
00:09:05.140 to do anything to Trump. Yeah, I guess the people making Kentucky bourbon are a little bit ticked,
00:09:10.140 But Trump can just go around to all this.
00:09:13.780 If you're going to be obstinate, if you're going to pull off shenanigans,
00:09:17.140 he can just go and talk to the steel and aluminum companies himself.
00:09:20.340 There's no rule against it.
00:09:22.100 And if you're going to say, oh, no, this is somehow treason from these companies,
00:09:25.720 shut up, it's not.
00:09:26.840 It's not. 0.96
00:09:27.800 What are these companies supposed to do?
00:09:29.040 Just slowly go out of business because Carney doesn't have the actual backbone to go and negotiate.
00:09:36.800 His pride is too great to go and negotiate.
00:09:40.140 Here's Manitoba Premier Wab Kanu justifying the new alcohol ban from the United States as if this was as if this is some big power move.
00:09:49.460 You have an erratic president who's fully pot committed to a terrible trade policy.
00:09:55.980 And now the prime minister of our country has to find a path forward to protecting our economy and growing our jobs while also being mindful of a very, very sensitive ego in the White House office.
00:10:09.420 And so, you know, the prime minister has my support. First and foremost, this is about Manitoba jobs. And when Americans threaten our jobs with tariffs, we're going to send that message. We're not going to sell your your alcohol. And we're sorry if that harms hardworking Americans out there. But you know what to do when it comes time to vote in the midterms or comes time to vote for president again, you know, throw the bums out as the saying used to go.
00:10:35.120 Yeah, yeah, no doubt. There's gonna be a big, big, big, big, big midterm election issue there. Yeah, American alcohol isn't going to Canada. That's really going to cause the Republicans to lose a bunch of districts. Like, come on, if Trump can get a lot more victories by just negotiating with Canadian companies directly, if he wants like he is currently doing. 1.00
00:10:55.760 And apparently we're going to let, and apparently the person who's going to save our current trade strategy is Wob Canoe taking the Jim Beam off the shelf.
00:11:06.680 You know, it's not surprising that Wob Canoe goes for the alcohol as the thing to hit the Americans on first, since he also likes to drive with it at times.
00:11:16.920 Here's another thing I have to jump on to.
00:11:20.360 This is, is this the thing I wanted to bring up?
00:11:22.920 Oh, yes. I want to talk about Jean Charest and his perspective on U.S. trade. And it's pertinent because he is now part of one of the conservatives who is part of Carney's advisory committee on U.S. trade.
00:11:38.660 it was I think it's Lisa Raitt we have Jean Charest and we have the supposedly conservative
00:11:45.360 Aaron O'Toole also there Aaron O'Toole actually did come out today and say that he was disappointed
00:11:49.740 that Carney had opened up with China as a part of his anti-U.S. trade strategy and it's like well
00:11:56.620 what do you think he was going to do yeah he did call them our biggest national security threat but
00:12:01.220 there's no way of replacing the United States and frankly the best way of trying to replace them was 0.95
00:12:05.880 with China, but that's just the entire thing's a fool's errand. You can't replace our trade 0.99
00:12:12.040 partner on 79% of our exports with our trade partner on 5%, especially since that trade
00:12:18.060 partner, China, is untrustworthy and a communist dictatorship. But here's Jean Charest on his 0.70
00:12:24.560 perspective on the trade issues. Americans changing the goalpost as we go along, you know,
00:12:29.300 they've redefined the application of the steel tariffs only a few weeks ago with a very real
00:12:36.620 impact without giving anyone a heads up on the impact it's going to have. So when the Americans
00:12:42.880 say to us, you know, put the alcohol back on the shelves, our answer is, well, excuse me,
00:12:49.360 what about the steel and the aluminum tariffs? And because it does have an impact. And the other
00:12:54.840 impact rosie is an intangible and you could even define it as a tax it's the uncertainty tax
00:13:01.640 on the canadian economy there is and i might work for a law firm that has offices throughout all
00:13:07.800 quebec we feel it with our clients and and for them it's pretty simple they don't know what's
00:13:13.160 happening they don't have a line of sight and this is what i call upper middle class babble
00:13:20.360 somebody who really isn't affected in terms of their actual like you know living standards they're
00:13:26.920 not affected by the current trade issue and so they can basically just turtle up and hit the
00:13:32.440 elbows up pose and say well the americans actually weren't very nice to us on uh steel and aluminum
00:13:38.280 so well why should we put their alcohol back on the shelves because it's unproductive and by the
00:13:43.780 way one of those changes the americans made was basically saying that you can't dump foreign steel
00:13:48.080 in Canada slightly process it more and then send it to America as a Canadian product, they will
00:13:53.820 tariff you more for that. Now, how much of that is really going on? How much isn't? But that was
00:13:59.160 like one of the big things that we got mad about. Frankly, it sounds like they got us a little bit
00:14:03.760 when it comes to a lot of our steel just coming from China being processed here. I'm not sure
00:14:09.080 how much truth there is there. Come on, we've also had tariffs on dairy and poultry and other
00:14:16.420 foreign products from the United States. Now, people like to defend the supply management
00:14:21.900 system in Canada. The Americans are just as right to be mad at that as we are to be mad at some of
00:14:27.820 their tariffs. So how about we say, hey, I will get rid of supply management. You have to get rid
00:14:32.680 of the tariffs. That's negotiating. But Carney doesn't want to do it. And Trump is going to keep
00:14:37.360 eating his lunch. Carney is effectively out of the conversation now. He's done. What's the point
00:14:42.600 of talking to him when Trump has found a way to not have to talk to him and get more accomplished.
00:14:48.080 He can actually now get Canadian companies to say that, hey, you were planning an expansion
00:14:53.720 in Manitoba or Saskatchewan or Ontario for $200 million. How about you move that $200 million
00:15:01.480 to an American state and I'll wipe out the tariffs on your current products coming from Canada,
00:15:06.660 as long as you're willing to expand into the US at least somewhat. Oh my goodness,
00:15:11.720 Trump has found a way of making the tariffs increase the American economy while also
00:15:16.120 eliminating them at the same time. Effectively, he is moving investment into the U.S. in exchange
00:15:21.800 to getting the tariffs off, and he never had to talk to Carney the entire time.
00:15:26.520 What the? Elbows up, guys. Apparently, that's going to save us. If we just take all the Jim
00:15:32.480 Beam off the shelf, we'll win eventually. We just haven't taken enough Jim Beam off.
00:15:36.880 anyways with all that being said thank you guys for watching uh make sure to like share subscribe
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00:15:58.260 right now anyways with all that being said thank you guys for watching i'll see you all later