Trump ENDS Canada trade talks - Carney screwed up!
Episode Stats
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Summary
In the middle of negotiations with Donald Trump and the U.S., Canada implemented a digital services tax that mostly targets American tech firms. This was a brilliant idea, but it came at the expense of a deal that could have been done on both sides of the border.
Transcript
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Doubtless you are all shocked today that our Prime Minister, Mark Carney, and the Liberal
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Government just screwed up trade talks with Donald Trump and the United States.
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In the middle of negotiations where Donald Trump and the Americans were pursuing reciprocal
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lowering of trade barriers on both sides of the border, the Liberal Government and Carney
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implemented a digital services tax that mostly targets American tech firms.
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They have been acting extremely foolishly in these trade talks, basically offering nothing
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to the Americans, not willing to lower any of the tariffs we have on dairy, softwood,
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lumber, and many other goods that we basically do not allow into Canada.
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Yes, you can still import American dairy goods and cheese and whatnot into Canada, but the
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trade barrier is so high, nobody bothers doing it.
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And now Trump was willing to lower his tariffs if we lowered some of our long-time historical
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tariffs on their goods, and then we're like, hey, how about a 10% tax on all digital service
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Okay, so this is the statement that President Donald Trump just put out.
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He says, we have just been informed that Canada, a very difficult country to trade with, including
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the fact that they have charged our farmers as much as 400% tariffs for years on dairy
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products, has just announced that they are putting a digital service tax on our American
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technology companies, which is a direct and blatant attack on our country.
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They are obviously copying the European Union, which has done the same thing and is currently
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Based on this egregious tax, we are hereby terminating all discussions on trade with Canada
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We will let Canada know the tariff that they will be paying to do business with the United
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States of America within the next seven-day period.
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Yeah, this was extremely stupid to do for multiple reasons.
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I know I don't like the tariffs that the U.S. currently has on Canada, but I also don't
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like the tariffs that Canada has had on the Americans for over four decades at this point.
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He may not be right that it's a 400% tax on dairy.
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It's like 200% or so, 250%, depending on the type of product.
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But it has basically made it so that multiple industries in the United States, like places
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like Wisconsin, cannot trade cheese into Canada.
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It is obviously a bit of a tick off to the Americans when we've been tariffing them like
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that for a long time, and then we get very angry that they implement a 10% across the
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board tariff on us when we tariff them far greater amounts on specific products and have
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The digital services tax, too, is just a cash grab for the liberals.
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So they're letting their cash grab politics get in the way of a trade deal with the Americans.
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Yes, it also applies to Canadian firms, but the problem is that most tech services come
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Amazon, you have Apple, Google, they're all in the United States.
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And now we're just wanting 10% of their revenues in our country for anything that they do here,
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even though it's not really like a trade good going over the border and out-competing our
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What Canadian version of Amazon are they getting in the way of?
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What Canadian version of Google are they disrupting?
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What Canadian version of Apple are they disrupting?
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So this 10% tariff is way bigger than anything that we've even ever done to their dairy industry
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over time because the dairy industry is kind of small in the overall grand scheme of things
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So while the 200 plus percent tariffs are unfair on those industries, it's not quite like a
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10% tariff against a large portion of their economy.
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But now I want to get to some reactions in just a second.
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But first, I just want to remind you guys, hey, if you like the channel, make sure to like this video,
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click the like button, make sure to leave a comment.
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And I do like hearing what people think about the topics of the day.
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And subscribe to the channel if you are not yet a subscriber.
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But I like this reaction right here from this one commentator, Alex Brown.
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He says, heard through the grapevine recently from some higher-ups that the digital service
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So I'll take him at face value here because Alex Brown works for the, I believe, what does
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he work for, I know it, the National Citizens Alliance, they, he, if somebody probably has
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a good inside lane on what the government's strategy here was, it would be probably someone
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The fact the government thought that this was like going to be a power play against all
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We were pursuing trade, like trade barriers going down on both sides of the border that
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would be good for Canadians and Americans alike.
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And in the middle of that, we did the exact opposite about what Trump was proposing to
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Trump was proposing to remove tariffs on Canada if we got rid of some of our historic supply
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Supply management, as you know, unless you're a Quebec dairy farmer, are terrible.
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It actually raises the price of things like chicken and dairy products all over Canada and
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It restricts the trade opportunities of the Americans.
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And in fact, makes our own industries less efficient because they don't have to be efficient.
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It's like the Detroit auto sector that was completely destroyed when they finally removed trade
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barriers on other, like on other, other, like, you know, automobile imports from other countries
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because the Detroit automobile industry had gotten so weighed down by bloated union contracts and
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inabilities to innovate because they don't have to innovate.
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They can just trade, they can sell people crappy cars and Toyota can't do anything about it.
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Once Toyota couldn't do something about it, it almost all folded up within a decade.
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But anyways, now I just want to quickly jump over to what Conservative Party leader Pierre
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So far, Carney and the Liberals still haven't said anything, even though this happened hours
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As always, Conservatives are ready to help get a good deal for Canada.
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At the same time, the government must take emergency action to bolster Canada's economy,
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fully repeal the no pipelines law, the industrial carbon tax, the tanker ban, the emissions cap,
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the EV mandate, the acts of the capital and acts of capital gains tax on reinvestment in
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Canada, all to create a strong, resilient and sovereign Canadian economy.
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And I do like how he's not calling for reciprocal tariffs because America's not coming to the
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It hurts your own people and we don't have the economic power to take on the Americans.
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No, it's a realistic thing for me to say as a patriotic Canadian.
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Yes, we should be just making ourselves more competitive.
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Know what a really great way of growing Canada's economy is?
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It's not adding more taxes onto our current system.
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I'm going to probably make another video about this a little bit later today.
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But the parliamentary budget officer is having to chase down Mark Carney because he keeps making
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big spending promises and there's absolutely no ledger he can follow to figure out if we can
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pay for any of it or how big the deficit this year is going to be.
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Mark Carney is really obscuring what he's doing effectively on purpose because he doesn't
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He ran on the idea that he had a plan, but it doesn't seem like it's actually there.
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Now, I just want to go over to this report made by NBC News.
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They said President Donald Trump on Friday said the United States is immediately terminating
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all discussions on trade with Canada in response to Ottawa's decision to impose digital
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The president's angry declaration suddenly imperils America's trade relationship with
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a close ally as that has long been one of its top two global trading partners.
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trade with Canada totaled roughly 762 billion last year.
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And I know that the American media, which is including NBC, is going to be trying to attack
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Donald Trump as being the bad guy in the situation because, you know, most media tends to be a little
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But 762 billion dollars worth of trade that we are going to put at risk for a 10 percent digital
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services tax at the same time Trump was trying to do the opposite.
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I hear all these people pretending like like Mark Carney was going to take it to Trump in
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See, he's going to end our relationship with the U.S. and align more with Europe.
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And he's still been making noises about that since the election, about how we're the most
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European, non-European country that's on the planet, which is insane when countries like
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Australia, New Zealand, Argentina and like pretty much most of South America exists.
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But he, after the election, started being very warm to Trump, wanting to get along.
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And the same liberal commentators and talking heads online said, see, no, no, no, this is
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He was going to get along super well with Trump because Trump respects him.
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So they went from saying that he's going to be a battle axe against Trump to saying, no,
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no, no, he is going to be a soft feather bed that Trump will really like.
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And he can, you know, lie on Mark Carney and that will somehow benefit Canada, which is
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I actually don't mind Carney being nice to Trump.
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But they went from he I want him to be super aggressive to I actually like that Trump likes
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And then we're back to he's taking Trump off and it's a good thing.
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I have already been seeing this online that, oh, this shows the strategic mastery of Mark
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All these people who, again, think that who have been holding contradictory positions
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on what the U.S. is supposed to like Canada's supposed to be doing with the U.S.
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Laura Babcock saying in response to this media touch headline, it says Trump says he's ending
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all trade discussions with Canada and will be levying more tariffs against them the next
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Laura Babcock says the mighty Charlie Angus, leader of Canada's resistance to MAGA, joins
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me today on The O Show and now is a hell of a lot to say about the latest threat from Donald
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Or I'm pretty sure this is should be about it, I believe.
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But this is the kind of weak energy we have when we deal with the Americans.
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Just just whining, just whining, hoping he's going to come back to the table.
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Yeah, you can insult and swear at us all you want and say that we're a threat.
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But hey, we're not shopping in your states anymore.
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Either you're a country that lives by the rule of law or you're not.
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Well, if you cared about like the supposed vague rule of law, when we're having trade
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negotiations over lowering tariffs, you're not raise tariffs.
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I know it's a digital service tax that's technically being levied domestically within Canada.
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But that's never digital services have never been something that have been tariffed before.
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And this is effectively mostly targeting American firms because Canada doesn't have that many
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massive tech firms that they're that they're taxing.
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They're mostly only taxing the digital firms in the US.
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But the thing is, you'll never have anyone on the left say, well, those tariffs are bad.
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Don't come up and try and sugarcoat and suck for Canada to spend any money.
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We will not spend money in a gangster state, period.
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Who could guess why Charlie Angus and the NDP ended up just absolutely going down to flaming
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He's some worthless, washed up hippie who even probably knew he was going to lose his
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But the NDP folded because of just delusional thinking like this.
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And the liberals gained a lot of their vote from seeming slightly less delusional.
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And that was why a lot of people vote for them.
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Fighting Trump, we're about to get smashed by them.
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Roll tanks over the border and slap them about until they lower all their tariffs, but they
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We are saying that American tariffs are bad, but our tariffs are good.
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And by the way, when I said all tariffs are bad, I am fine with tariffing like actual enemy
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states like China and Iran and other countries making trouble.
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But I'm saying in terms of like trading with other Western democracies, I'm pretty fine with
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Again, it makes your economy more robust if your economy adapts to other competitors rather
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Best way of fighting back on tariffs, by the way, is not only having none of our own tariffs
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to justify their tariffs, but it's also lowering our own taxes, making it easier to do things
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here while things become more difficult to do elsewhere.
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We could easily be in command of many different industries in Canada, be the main like trading
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But we just choose not to because we'd rather tax everyone to death in order to pay for crappy
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So that's going to be fun seeing if we end up getting tariff for the next seven days because
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Carney and the liberals can't get their crap together.
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But until then, I will see you guys all next time.