True Patriot Love - 50% Tariffs & The Gordie Howe Bridge

00:00:00.000 Carney knew this deal. The deal is on paper. He misrepresented it to us so many times.

00:00:06.760 And this was one of the things that he, you know, we hear again and again, again, that our prime minister is a good deal maker.

00:00:13.640 He's a business mind. He has run, you know, the economies of countries before.

00:00:19.320 But here's just the biggest flop ever in the history of Canadian investment.

00:00:24.580 all right thanks for joining us tplmedia.ca is where you have found yourself we are canada's

00:00:34.680 podcast network i'm mike wickson uh joining me today paul micucci hey mike my brother you went

00:00:40.060 away for one week and a little bit and the whole country fell apart while we were uh separate uh

00:00:46.240 you went down east to uh take the message of true patriot love and tpl down there

00:00:51.760 and uh while that was happening man considering it's summer a lot of stuff went down well a lot

00:00:59.020 went down and it's interesting now they're back so I just missed them I was in PEI and they actually

00:01:04.800 landed as I was heading to Halifax oh the uh the premieres I missed the premieres and I was so

00:01:12.140 I was so disappointed but the good thing is Mike what I found out from the locals is they'll be

00:01:17.640 back again next year during lobster season and everyone on pi it's so excited to share their

00:01:25.240 lobster with our premiers so so so really the premiers go down there for a lobster picnic

00:01:31.560 yeah it looks like that's the end of lobster season so they get to go down to enjoy the sun

00:01:36.760 you know the beach and uh you know really interesting times beautiful pi is a beautiful

00:01:41.480 place in the summer in the winter i don't know if i'd want to be there too long but beautiful place

00:01:45.880 and they do go down and enjoy some great big lobsters uh oysters unfortunately this year

00:01:51.720 uh there's an oyster disease so quite frankly they're struggling they're restricting licenses

00:01:56.520 again which is something they've done on lobster oysters cod cod on the east coast is off the hook

00:02:03.400 good this year okay so i'm sure a bunch of them will be coming back with freezers full of cod you

00:02:08.280 mentioned all kinds of lobster this season too it's uh they're having a bounty so well congratulations

00:02:13.640 to our premiers for enjoying a great lobster visit to pei every year you know it doesn't slow them

00:02:20.440 down uh they seem to be getting together more and more this is a crowd of individuals that seem to

00:02:27.000 be trying to replace our federal government by just working together oh yeah working together

00:02:31.640 means working apart yeah it seems to be well it's just so fun canada all for one and all for each

00:02:39.640 other i offer ourselves yeah i don't i don't know if i've ever seen the premiers get together so much

00:02:46.280 in the history of canada but they're sure doing it now listen while you're away well they do it

00:02:50.920 they do it when uh actually something is uh harvested caught or ripened so they're good at

00:02:58.920 that they that's when they show up the most yeah oh the apples are good this time of the year

00:03:03.320 oh here comes the premier yeah uh one of the things of course that hit the top of the list

00:03:08.280 for us to talk about and we'll get to the the ramifications of our deals with the u.s

00:03:14.440 was and the current and carney's own words he should have been clear about the gordy howe bridge

00:03:19.240 agreement but boy oh boy did he ever get called on this oh yeah and as we were starting the show

00:03:25.240 christophe brings over the tablet and he goes look they're having a ribbon cutting at the gordy

00:03:29.640 house today today uh just uh just before noon uh decided that canada was going to have their

00:03:36.120 own ribbon cutting what do you mean so uh i think the premier of ontario yeah um and the mayor of

00:03:44.920 windsor uh are gonna go partially over the bridge that's from what we see where it's set up you know

00:03:51.400 on the kind of the canadian side i guess they're nervous they don't want to go too far across the

00:03:55.400 bridge and that would be considered an invasion i believe exactly at this point because the official

00:04:01.320 opening and they're going to do some form of ribbon cutting oh uh say a few words and then uh

00:04:06.920 you know quickly get off the bridge before anyone shows up i guess but that's what i'm thinking so

00:04:11.560 the us it's only canada we're only celebrating ourselves in this because of the terrace which

00:04:16.520 we're going to talk this show was about terrace but we you know we're gonna no it's all right

00:04:21.800 they're this they decided that they should celebrate the fact that we spent 6.4 billion

00:04:27.720 dollars to put this bridge up uh ended up giving half of it at the last minute to the u.s after

00:04:35.720 a mistaken uh description of the deal by the prime minister and now with all that going on they decide

00:04:42.760 that's reason to celebrate uh here let me let me give you a quote uh mp kelly mccauley announced

00:04:49.160 plans for a committee investigation into this because finally the opposition has found something

00:04:54.680 to say oh this is this is untenable what have we done here yeah and andrew sheer which actually we

00:05:01.500 have a clip we're going to throw up for you andrew sheer actually had some funny comments on it all

00:05:06.180 right andrew sheer and then on the gordie howe bridge mark harney after promising that he had

00:05:11.480 some kind of special powers that he could deliver wins for canada after handing over concession

00:05:17.900 after concession he actually hid the gordie howe deal with the u.s because he was so embarrassed

00:05:24.100 by it and rightly so. The previous government had secured a 100% toll collection agreement

00:05:31.300 where Canada would keep 100% of the tolls until the construction costs were repaid.

00:05:37.700 Mark Carney just signed away a deal that gives 50% of those revenues. Fully half of the expected

00:05:42.980 revenues that Canadians were supposed to receive now go to the United States, including a special

00:05:48.820 envelope for economic development in Michigan. So instead of dollars going to be repaid,

00:05:55.020 going to repay Canadians' taxpayers' investment in that bridge, those tolls are going to go to

00:06:00.000 help create economic opportunities in the United States. And Mark Carney tried to hide this from

00:06:05.780 Canadians. This is just another example of how Mark Carney is just delivering illusions for

00:06:12.300 Canadians. No real results. He's been Prime Minister now for over a year and nothing has

00:06:18.040 gotten better. On the Gordie Howe International Bridge, a committee meeting has been called for

00:06:22.940 next week to discuss the deal. What do you expect to come out of that meeting? Who do you think we

00:06:27.580 should hear from? Well, first and foremost, we're calling on the Liberal government not to shut down

00:06:31.560 this meeting. They've done this in the past where opposition MPs recall a committee to get to the

00:06:36.020 bottom of things, and we've seen the government just use their newfound majority to just completely

00:06:41.300 kill the investigation. This is a major expenditure for the Canadian people. Canadian taxpayers built

00:06:47.080 100% of the cost for this bridge, including hookups to U.S. interstates. And the deal was,

00:06:52.920 in return, we would get repaid first. The Canadian taxpayer would be kept whole first.

00:06:57.400 Mark Carney can't even come clean. He can't even admit to Canadians what's in the deal. So we'd like

00:07:02.680 to start with actually seeing the agreement. We'd like to get an understanding from the government,

00:07:08.680 did they get anything in return for this concession? We've seen Mark Carney offer

00:07:12.760 unilateral concessions before and get nothing for them. He very quietly dropped retaliatory

00:07:17.400 tariffs in the middle of a campaign and kept that hidden from Canadians. He backed down on

00:07:22.440 the digital services tax and got nothing in return. So he just gave up 50% of the toll revenues,

00:07:28.280 pushing back the repayment timelines for Canadians by 15 years. Did he get anything

00:07:33.800 in return? What did Canada get out of this deal? So Mark Carney has to explain to Canadians how

00:07:38.840 they're better off. How are we better off losing 50% of the revenue? I mean, he's a banker. He should

00:07:45.240 be able to answer these kinds of questions. I don't know too many investors that would think

00:07:49.240 losing half of what you were promised is a win unless he's got something to tell Canadians that

00:07:54.680 he's keeping secret. Did he get anything back from the United States in return? Is this going to lead

00:07:59.880 to a deal on Kuzma? Is this going to lead to any easing of any tariffs? So far the answer is no.

00:08:05.160 So Mark Carney continues to just say things that bear no connection to reality.

00:08:10.960 50% is less than 100%. That's just math.

00:08:15.800 And the Prime Minister was asked today if he lied when previously explaining this agreement.

00:08:23.160 His response was that he could have done a better job explaining things.

00:08:27.060 Do you think he misled Canadians?

00:08:29.200 Absolutely. Absolutely he did.

00:08:31.600 He told Canadians that Canadians would be paid back first, that the construction and debt servicing costs would be factored into this.

00:08:38.760 Now we know that just wasn't true.

00:08:40.420 Mark Carney saying that he could have been clear is the closest thing you get to a Liberal admitting that they deliberately misled Canadians.

00:08:46.520 If he was so proud of this deal, if he thinks it's such a win, why did he keep it hidden?

00:08:50.660 And we'll see. We'll see when we have this committee meeting.

00:08:53.040 If Liberal MPs shut this meeting down, we know that's because they've got something to hide.

00:08:57.120 When I'm proud of my work, you know, when I was a kid, stick it on the fridge.

00:09:00.340 You know, when you're proud of your kids' homework when they come in, you stick it on the fridge with a big, you know, gold star on the front.

00:09:07.080 If Mark Carney loves this deal and think Canadians are going to really appreciate giving up 50% of what was owed to them, he should be proud of it.

00:09:14.960 He should stand by it and allow the committee to really investigate this.

00:09:18.900 Oh, there we go.

00:09:19.720 Andrew Scheer with some pretty salient points, actually.

00:09:22.240 Yeah, pretty hard hitting, actually, for him, right?

00:09:24.800 He's usually a pretty, he's a soft ball thrower, right?

00:09:28.140 But he raises a good point.

00:09:30.060 i mean carney knew this deal the deal is on paper he misrepresented it to us so many times and this

00:09:37.820 was one of the things that he you know we hear again and again again that our prime minister

00:09:42.540 is a good deal maker he's a business mind he has run uh you know the economies of countries before

00:09:50.140 but here's just the biggest flop ever in the history of canadian investment he let the u.s

00:09:57.900 have a bridge in the same week that the guy brings the tariffs up to 50 that does not look good on

00:10:04.140 our prime minister well our show on kuzma you know for our listeners please watch it because it was

00:10:11.100 really good and it was a week or so ago that we actually predicted a bunch of this but the question

00:10:15.900 we asked you and i had this conversation we said okay why strategically would you resolve the bridge

00:10:22.700 before you got to the table for kuzma which is exactly what andrew shearer is saying he's saying

00:10:28.300 that makes no sense right so you didn't get any concessions on anything by agreeing to this not

00:10:33.980 only didn't you get the concessions you actually got whacked with a 50 tariff on many items and i

00:10:41.500 see these guys now on the bridge and they're going to do a ribbon cutting and i just envisioned the

00:10:46.060 american side of the border with the binoculars thinking what are they what are they doing over

00:10:51.820 there are they supposed to be on our bridge did someone tell them we're taking 50 like did someone

00:10:59.580 give them the did they so did they read the white house memo oh that's oh you know the white house

00:11:05.420 memo so by the way guys on the bridge so that's the other interesting thing mike you know coming

00:11:10.780 into the show uh you know we're doing our research and thank you to the team we it's it's actually

00:11:17.020 very simple right now research has become a little easier because now the white house just puts it on

00:11:23.580 the website quite frankly they don't even hide it they don't care to hide any of the in fact

00:11:29.660 they explain it like we are bad a bad country yeah can't canada you're bad you're very bad fact sheet

00:11:36.940 donald trump donald j trump imposes additional terrorists on canada right and then off they go

00:11:43.180 Check this out. President Donald J. Trump, the wording of this is so that of a medieval king.

00:11:51.340 President Donald J. Trump signed three proclamations pursuant to Section 338 of the Tariff Act of 1930

00:11:58.000 to impose an additional 50% tariffs on certain goods of Canada in response to Canada's discriminatory treatment of American products.

00:12:08.240 By doing so, President Trump is offsetting the burden and the disadvantage on U.S. commerce from Canada, Canada's discriminatory treatment of the U.S. commerce, and is leveling the playing field for crucial American exports, cars, alcohol, and dairy.

00:12:25.360 Wow, it's a proclamation.

00:12:27.160 Well, it is.

00:12:28.180 And you know what, Mike?

00:12:29.200 Before you continue, 1930, right?

00:12:32.040 So the Depression era.

00:12:33.080 So this was actually the proclamation or the tariff act that they created was during the Depression.

00:12:38.920 And it was for unfair treatment because of economic times were being created because nationalism became all the rage throughout the world when, you know, when the economy basically collapsed.

00:12:51.960 Right.

00:12:52.220 So he's everybody insulated into their own.

00:12:55.360 Exactly.

00:12:55.940 And he's using Section 338 of the tariff act to enact this.

00:13:00.420 That's how that's how radical this is.

00:13:02.320 Now, we'll put up these slides and we can take a look at these as we go here.

00:13:07.380 This, even the way they word this is just really mean.

00:13:12.400 Each section of 338 Proclamation imposes a 50% tariff on a different set of Canadian imports

00:13:18.180 covering products ranging from wine, which they're very sore at us about,

00:13:22.360 to hockey sticks, which is, you know, meant to, I think, hurt our feelings, to cement.

00:13:27.920 So, really, the list is vast.

00:13:31.540 Oh, I'm going to go through it.

00:13:32.940 So when we get through this, I'm going to go through it with you.

00:13:36.320 Because, you know, he not only hits 338, he actually goes and he actually goes into section 232.

00:13:46.620 But the interesting part of it, he won't touch energy, potash, and other products and minerals and fish.

00:13:55.580 Right, the stuff he needs.

00:13:56.540 The stuff he needs, which is very interesting under this.

00:13:59.260 So 338, you know, he says, listen, I'm going to apply it to Mexico and the U.S. aside from the items on.

00:14:07.280 Well, no, he says.

00:14:09.260 It applies to all covered goods, regardless of whether a good originates under the Kuzma agreement.

00:14:17.320 Yeah. So basically it doesn't matter.

00:14:19.220 Kuzma doesn't matter off the table now because it's the terror fact.

00:14:22.820 So what you've just told us, Paul, is Kuzma's dead. 0.89

00:14:26.460 Well, yeah, they've well, they're. 0.71

00:14:29.260 Again, you know, you got to go on the White House site to just it doesn't take much to figure out what the Americans are thinking, because quite frankly, they put it there.

00:14:36.520 They just write it on the White House Web page.

00:14:39.220 Well, here's another one. The terrorists will take effect 30 days after signing and are designed to offset the burden.

00:14:44.540 This is on the second page. Yeah. Offset the burden and disadvantage on U.S.

00:14:48.780 commerce from Canada's discrimination. Keeps using the word discrimination here.

00:14:54.100 Oh, yeah. Because it hurts Canadians feelings.

00:14:56.140 Well, that's part of the 232, I think, and part of 338 is discriminatory practices.

00:15:03.620 He can enact the tariffs.

00:15:04.900 So that's why he keeps using that language.

00:15:07.840 I see.

00:15:09.100 Now, a securing fair treatment for American exports.

00:15:12.560 This is interesting.

00:15:13.600 President Trump is taking action to hold Canada accountable for its continued discrimination against an unreasonable and unequal treatment of U.S. commerce that has burdened the disadvantaged, hardworking Americans.

00:15:24.220 so now he actually highlights that his actions are on behalf of hard-working americans yeah he

00:15:32.680 actually brings that into this you know we're not going to be letting them set up shop in canada to

00:15:37.920 build our products no no no yeah he's very succinct about this oh yeah well it's all based 338 and

00:15:44.340 you know he goes on to talk about it says uh when a country disadvantages u.s exporters relative

00:15:50.700 to exports of another country to offset the disadvantage,

00:15:54.360 he enacts the tariff.

00:15:56.400 That's wacky, right?

00:15:57.560 It is a little wacky.

00:15:59.060 It feels childish.

00:15:59.980 It is very childish.

00:16:00.640 So, you know, I'm taking my ball and going home

00:16:02.460 because, you know, I feel you didn't play fair.

00:16:06.720 Now, here's one of the things that I saw in the notes

00:16:09.740 that came right off the White House.

00:16:12.960 They cite some statistics that I don't think we've seen as Canadians.

00:16:16.420 From April 2025 through March 2026,

00:16:19.280 Canadian imports of U.S. motor vehicles decreased by approximately 22%,

00:16:24.380 or $5.6 billion compared to the same period in 2024-2025.

00:16:29.460 Exports of motor vehicles from other countries to Canada

00:16:32.160 have increased to meet the demand previously filled by U.S. exports.

00:16:38.680 So he basically says, look, they've already filled the gap.

00:16:43.880 They don't want to play fair with us.

00:16:46.040 Canada is doing deals in other places that don't involve American-made vehicles.

00:16:51.740 And he cites the decrease so that he can actually justify to the American people that this is warranted.

00:17:01.780 But don't you think Americans see through this?

00:17:05.280 Is this true, though?

00:17:06.560 I don't even know if it's true.

00:17:07.800 I don't even know if it's true.

00:17:08.680 Now, I do know, you know, the association president for the automakers in Canada,

00:17:16.060 he seems to think that they're going to come out the other side on a decent way.

00:17:22.140 So maybe, you know, maybe there is something here.

00:17:24.700 I can't see it, to tell you the truth, but I'd love to dig into these numbers.

00:17:29.640 And then, Mike, he goes off.

00:17:30.540 But doesn't he?

00:17:31.120 Sorry.

00:17:31.440 And then just on that, he then admits to the American people,

00:17:34.800 Canada has managed to increase imports from other countries to offset what we sold them.

00:17:42.200 Well, he's saying China.

00:17:43.840 Yeah.

00:17:44.760 So he's coming back and saying, okay, you take EVs from China.

00:17:47.880 I'm going to whack you because you don't need us, so off we go.

00:17:51.320 So you're okay on your own. 0.93

00:17:52.580 Normally, this would be a really weak negotiating position.

00:17:56.980 Okay, I guess you don't need our services.

00:17:59.460 You've already found somebody else.

00:18:00.940 Yeah, so we're out of here.

00:18:01.900 I guess we're out of here, huh?

00:18:03.320 But he goes back and makes it a point of discrimination.

00:18:06.840 Oh, yeah.

00:18:07.400 No, we worked around you. 0.99

00:18:09.000 We worked around you.

00:18:10.080 Yeah, because you told us you were going to do it.

00:18:11.680 Right.

00:18:12.060 Yeah, and we had to go, well, we had to go get canola 1.00

00:18:14.880 with the Chinese figured out. 0.89

00:18:16.380 And quite frankly, they required us to bring 49,000 EVs.

00:18:20.060 So he's saying that his discrimination against us

00:18:22.240 caused discrimination from us to them.

00:18:24.260 Yeah.

00:18:24.700 And that's worth, that's warrants.

00:18:26.500 Yeah.

00:18:27.260 More tariffs.

00:18:28.140 I just wanted to point that out.

00:18:29.780 Yeah.

00:18:30.020 uh all but two canadian provinces and territories have halted the purchase distribution or retailing

00:18:35.780 of u.s alcohol man these guys get hung up on alcohol don't they they do it's a declining

00:18:41.080 market but whatever open up a distillery calm down and by the way nobody drinks anymore yeah

00:18:46.800 uh not as much i don't think maybe i'm wrong about that uh for march 2025 and then he cites

00:18:52.660 more stats about 81 or 582 million uh was uh canadian imports to the u.s uh were down by 81

00:19:01.300 or 582 million once again not a huge amount of money but it really it's the first well it is a

00:19:06.980 huge amount of money but in the grand scheme it seems to be the one thing they really get caught

00:19:12.180 up on oh they do well it is a big market you know you think about you know over the over the decades

00:19:20.500 um production of spirits and wine and beer were a huge market place um and it got a lot of

00:19:28.560 attention in america you know they became very proud of their ability to make alcohol to produce

00:19:33.380 alcohol to produce good alcohol jim beam budweiser budweiser jack daniels so you know a lot of things

00:19:39.520 so you know they're very proud of it quite frankly when we say we don't want it on our

00:19:43.940 shelves anymore it's it is a slap in the face but you know you made a good point you know it's a it

00:19:49.560 is a declining market i don't know if it's is it something i would you know yeah okay they don't

00:19:54.520 want our alcohol on the shelves anymore i guess we got it if you're if you're bringing all this

00:20:00.120 manufacturing home due to tariffs you should be able to get those people to move to other industries

00:20:07.000 and also you should be able to just service your own country i mean if really what you don't want

00:20:12.120 is what 50% feels like to anybody

00:20:16.260 is I don't want to trade with you.

00:20:19.460 That's what it feels like.

00:20:20.460 I don't want to trade with you.

00:20:21.560 I have power in this position,

00:20:22.900 but I don't want to trade with you.

00:20:24.900 So I think when he starts to cite these replacements

00:20:30.020 that we've made in the marketplace,

00:20:31.580 I don't know that it's really good for him

00:20:33.300 to be announcing that.

00:20:34.520 I think that he, once again, that's a position, right?

00:20:37.640 But it's not good for America.

00:20:39.180 Neither of these points that he's admitted

00:20:40.620 are good for America.

00:20:41.580 The first one says we've replaced the cars with other ones.

00:20:44.120 The other one says, well, we don't need your alcohol.

00:20:47.060 So I don't know what other indications he's going to need

00:20:50.900 that he needs to negotiate it in a friendlier manner.

00:20:53.540 But anyway.

00:20:56.060 Part of the complicated and protectionist dairy system he talks about.

00:20:59.420 Canada's established tariff rate quotas on U.S. cheese

00:21:02.420 that are much more restrictive than the tariff rate quotas imposed

00:21:05.940 on similar imports of cheese into Canada from the EU,

00:21:09.240 despite Canada having trade agreements with both the U.S. and the EU.

00:21:14.280 Well, we don't really have a trade agreement, right?

00:21:17.040 Right.

00:21:19.080 It's true.

00:21:20.120 You said you didn't want one, right?

00:21:22.200 We're kind of going year by year.

00:21:23.800 We're under review.

00:21:25.660 And then he goes on.

00:21:27.260 Honestly, Mike says,

00:21:28.580 over the past year and a half,

00:21:31.220 only two countries have chosen to retaliate against Trump's terrorists

00:21:34.220 rather than negotiate a deal with the United States,

00:21:36.920 the People's Republic of China and Canada.

00:21:39.240 it's just bam right section 338 okay section 338 tariffs uh imposed today make america wealthier

00:21:49.960 stronger offsetting the burden and disadvantage on the u.s commerce from canada's discriminatory

00:21:55.000 treatment of u.s commerce there you go discriminatory again uh okay so here's the other

00:22:01.720 thing his fact sheets are just fun to read i'm going to be honest with you and well by the way

00:22:06.140 If you want, Paul, we can we can attach this file on the on the website.

00:22:09.940 If you subscribe, you'll be able to grab this keeping America first.

00:22:13.900 President Trump is delivering on his promise to secure better outcomes for American workers, farmers and businesses by using tariffs to restore reciprocity to trade and strengthen our national security.

00:22:26.420 OK. That's nice to say out loud.

00:22:30.060 Yeah. But it's about as valuable as the Carney Davos speech, which has amounted.

00:22:36.140 to nothing but there again it says it all i'm sorry i don't care about canada in this deal

00:22:43.680 that's what that says i care only about america in this deal and that's a once again a positioning

00:22:49.160 statement yeah yeah he said it time and time again we don't need them right even for oil he

00:22:54.040 said that uh trump's first america trump's america's first trade policy was created to

00:22:59.960 benefit american workers okay you overstated that i think a little bit because now we're not

00:23:06.040 buying your cars now we're not buying your alcohol you're not doing anything for in that regard and

00:23:11.500 then he touches on kuzma for a second um the united states under president trump's leadership

00:23:16.580 did not agree to renew the united states mexico canada trade agreement so back to our dairy

00:23:23.020 agreement it's not in place anymore yeah so kind of contradicts himself there um and then he just

00:23:30.640 goes on he says you know i like this as well president not that i like it but i think it's

00:23:35.280 worth talking about president trump has taken actions under three three sorry 232 to protect

00:23:40.680 and strengthen u.s manufacturing critical for our national and economic security including

00:23:45.820 imposing tariffs on key goods such as steel aluminum copper trucks automobiles timber lumber

00:23:54.160 and pharmaceuticals so once again he's really uh taking a very specific section of kuzma

00:24:03.680 he's cherry-picking, I guess, is what it feels like to me.

00:24:08.180 And we have that power.

00:24:09.520 We can cherry-pick what we want and what we don't.

00:24:11.820 Oh, yeah, for sure.

00:24:13.040 This is incredible, Paul.

00:24:15.080 This is all right there, right on the...

00:24:18.360 Right off the White House website, Mike.

00:24:20.460 Imagine if Carney did this.

00:24:22.560 Oh, my goodness.

00:24:23.140 And put up the deal for the...

00:24:24.760 People go crazy.

00:24:27.460 I almost wonder if we should start to encourage our Prime Minister

00:24:31.200 to put all his MOUs up there

00:24:33.060 so that we can have a little boo and explain them to us.

00:24:37.320 Because that's really what's...

00:24:38.540 The one thing I will say in this, he's explained what he's doing.

00:24:44.120 Yeah, they do.

00:24:45.040 And they do a lot of this, right?

00:24:46.680 And I was mentioning before the show,

00:24:48.080 they put these papers, National Defense papers, everything,

00:24:52.000 they post them right up on the White House website.

00:24:55.720 And you can go take a look.

00:24:56.540 You don't have to...

00:24:57.820 But the interesting thing, Mike,

00:24:59.600 you think that this would have been a story

00:25:01.960 that we would have seen the last few days yeah i don't understand why canadian press is not

00:25:07.400 picking this document up and having a read of it with you they're not interested in it they just

00:25:11.880 want to sound bite for 30 seconds you know 50 percent tariffs you know on dairy auto well they

00:25:18.680 didn't even really hit on auto dairy you know uh steel they did a few things but so i dug in it's

00:25:25.880 interesting i i started taking a look and it was i came up with a bunch of sheets on what the 500

00:25:32.600 items that are on the list right so it was it was interesting and of course yeah if you if you do a

00:25:38.600 summary um you take a look at it there's all kinds of uh you know and it has a product number uh

00:25:46.040 under you know the tariff code um that talks about beers made from malt there's all kinds of wines

00:25:53.880 listed rice wines fermented beverages rum vodkas you know it's very detailed and it goes down down

00:26:03.640 then it gets into pickets skewers wood wooden tables densified wood basket wood a paper board

00:26:13.400 paper and paper board paper board so yes it goes into different papers ice hockey and field hockey

00:26:21.160 articles yeah yeah of course field hockey is our national isn't that one of our national sport oh

00:26:27.560 no it's lacrosse right yeah lacrosse so but you know it does go into very detail on the 500 items

00:26:33.720 which are a lot of items i i don't think i i was a little shocked when i dug into it mike

00:26:38.680 the number of things then it goes into milks creams so there's three pages that just deal with

00:26:44.920 just dairy wow way milk cream dairy bones and cores hop cones lactose lactose syrup

00:26:55.880 glucose glucose syrup um molasses mixed uh baker's wares uh non-alcoholic beer

00:27:06.440 casein glues, milk album, albium, peptones, and their derivatives.

00:27:13.740 Listen.

00:27:14.560 It's quite extensive.

00:27:15.540 Paul, it goes down into what tulip bulbs, hyacinth, lily bulbs.

00:27:24.480 Like even just plants for your garden are getting a 50%.

00:27:32.900 i don't know if you've gardened this year but it's not cheap already and now this uh yeah this

00:27:38.520 is extensive well and then can you imagine if you're a business that has multi multi brands

00:27:45.020 underneath your corporate umbrella or you're a distributor of multi brands you're all day long

00:27:52.420 you're just going through to see where you're going to be affected next week well you gotta

00:27:55.800 it's got to be a ton of medium to small businesses so actually i picked this up uh i was going through

00:28:01.820 who's affected by these tariffs the new tariffs impact a broad range of industries including

00:28:09.000 electrical equipment electronics the hardest hit industries forestry furniture cosmetics and

00:28:14.440 manufacturing um but the interesting the terrible thing is uh the new tariffs in particular uh make

00:28:22.640 them most damaging on small and medium-sized exporters well that makes sense yeah so and that's

00:28:30.600 Now, he's not without strategy because small and medium-sized exporters make up two-thirds of private sector jobs in Canada.

00:28:43.720 So he's really focused on items that make jobs, that will cost us jobs.

00:28:51.180 Oh, no, this is very strategically planted.

00:28:53.320 You know, we're acting, it's funny because when you first start learning about this, you think, oh, it's only a few sectors.

00:29:00.600 but then when you get into it, it's a lot of sectors, quite frankly.

00:29:04.440 Oh, it's vast.

00:29:06.900 Yeah, electronics, plastic and rubber products,

00:29:09.280 furniture and bedding, machinery and mechanics,

00:29:11.860 chemical, cosmetics, toiletries, paper, paperboard products,

00:29:15.120 wood, wood products, beverage and spirits.

00:29:17.960 By the way, low on the list.

00:29:19.280 I just want to point that out.

00:29:20.140 Textiles, apparel, footwear and accessories,

00:29:24.360 precious metals and jewelry.

00:29:26.580 And then all, and by the way, that's about what?

00:29:30.600 10 billion 12 billion dollars worth of business and then there's a section that says all other

00:29:36.820 sectors and that's another two billion dollars yeah well mike you know just you know some some

00:29:42.000 of the ones that popped out on the list and again there's 18 pages of the others so natural honey

00:29:48.840 um lilies seeds any fruit and vegetable seeds kernels uh uh basically lime bark

00:29:58.720 uh oils there's a ton of oils on this list quite frankly for cooking oils cooking oils canolas

00:30:06.060 yeah doughs uh baker's wares mixes uh bitters a very detailed oils from restaurants bakeries

00:30:15.560 manufacturers of food items that are baked yeah they're going across anything to do with eggs egg

00:30:22.200 album in album i'm gonna say that wrong sorry uh candles uh manicure materials

00:30:31.040 uh all kinds like it's you look at all this stuff and you think you're my my goodness it is

00:30:36.840 it is at a micro level vinyl tile flooring coverings right can't go across unless they

00:30:43.280 have 50 that's wild adhesive plates sheets adhesive uh non-adhesive plates uh cups saucers

00:30:51.720 bowls uh fittings furnishings knobs for furniture caps lids seals stoppers uh hole hides and skins

00:31:01.640 of bovine um like it's it goes on and on mike it's a very eclectic list because it covers so many

00:31:10.040 oh yeah sectors and industries mdf over five millimeters fiberboard veneer panels plywood

00:31:17.160 sheets plywood sheets not and there's plywood sheets there's a whole page of of the number of

00:31:23.240 millimeters uh laminated veneer lumber uh it goes on and on more plywood uh pulp like well i mean

00:31:33.720 there's just in the the uh just in the timber industry alone just in the forestry industry

00:31:40.440 uh at a glance it's about three billion dollars worth of taxable oh yeah unbelievable just in

00:31:49.200 that one industry and it's interesting uh then it gets into textiles there's quite a bit on

00:31:54.200 textiles which i was shocked so knitted crocheted uh textile fabrics t-shirts uh singlets tank tops

00:32:03.460 other garments, sweaters, pullovers, men's and boys' padded sleeve jackets.

00:32:10.760 It goes in very detailed suit jackets, girls' dresses, women's dresses.

00:32:18.260 It goes into clothing, curtains.

00:32:23.220 Almost every consumable item is going to be taxed.

00:32:29.200 yeah and then it there's a whole thing on cements uh lead uh then it gets into tools pliers hammers

00:32:37.360 base metal padlocks locks uh turbochargers uh recycling plant equipment like it goes on and on

00:32:49.280 yeah like it's a like well okay so now like but but did you know that before this no i i actually

00:32:56.400 thought that it was i didn't realize that it got down to 800 i think plus items specifically yeah

00:33:02.960 uh by the way each of these items have many products underneath oh yeah each of them yeah

00:33:09.040 they're a category right right this is a descriptor so there could be a thousand products

00:33:12.800 under this that fit into this and you know you look at uh color color video monitors uh radio

00:33:18.800 remote control uh radar radio navigational aid and uh radio remote control antennas antenna

00:33:26.480 reflect anything with an antenna receiver on it okay yeah floating structures optical fiber cables

00:33:34.080 like this is a lot like this again i'm i'm you know i i could spend all day on this mike

00:33:39.680 but this you know and then at the the last is paintings drawings uh postage or revenue stamps

00:33:47.360 uh articles of christmas festivities ornaments uh coin or token coin or wasn't happy until

00:33:55.520 he actually ruined christmas huh coin or token operated games for arcades yeah like this is a

00:34:02.000 lot golf equipment so if we make any golf equipment and then furnitures there's a whole list uh and

00:34:09.520 seats um yeah it's just honestly there's any kind of construction is affected by this any kind of

00:34:16.000 department store is affected by this importers exporters are affected by this but it gets worse

00:34:20.840 listen to this uh president trump has uh used tariffs extensively uh in his second term but

00:34:27.720 now he's threatening even bigger tariffs because we're smoking out america forget that washington

00:34:36.440 state is on fire and sending all the smoke to canada we are destroying their summer and therefore

00:34:42.220 new tariffs have to be put into place and some some of his threats have said 100 tariffs yeah

00:34:48.700 i've seen that how do you tariff a wildfire i have no idea but obviously you know he's using

00:34:54.760 it as again another well remember fentanyl right oh that was that was the beginning of this right

00:34:59.380 we're starting this off because you know the borders are insecure fentanyl we're going to

00:35:03.380 tariff then it became okay now we have section 232 all the section 338 sections that basically

00:35:11.940 to with discriminatory unfair trade so now we've really kind of got into the meat of it right now

00:35:17.060 he's getting down to what he really means and what he really wants and there it is documented

00:35:21.940 right on his website on the white house website you don't have to go far to find it and you don't

00:35:26.180 have to go far to find the list of 500 items how do you feel about carney's response to this so far

00:35:31.540 oh well so this is interesting so you know a very uh you know on the heels of um gordie howe bridge

00:35:41.940 I think he was reeling and he, you know, he came back and said, well, I've had a conversation

00:35:46.360 with, uh, president Trump and we're going to intensify the talks, right?

00:35:52.400 There's always these sound bites.

00:35:53.480 So then, you know, everyone's like, oh, good.

00:35:55.080 They're going to, so really relax.

00:35:57.140 I'm, I'm going to get these talks back on the rails and they're going to get going.

00:36:01.940 But this is interesting.

00:36:04.060 He did tell reporters, and this was this week, which I, you know, when I was traveling, I

00:36:08.900 picked up on it and I called you about it.

00:36:11.320 He says, well, Mr. Trump, you know, I like the way he calls him Mark

00:36:15.300 and he calls him Mr. Trump and no one calls himself by the proper name.

00:36:18.840 Mr. Trump, he made a series of comprehensive and detailed proposals

00:36:22.300 on how to modernize the trade deal governing Canada and the U.S.

00:36:28.560 However, he did not provide any specifics nor did his office.

00:36:35.580 So we got hit with 500 items at 50%.

00:36:39.180 we are struggling through a bridge that we just paid 6.4 billion on and you hang it out there

00:36:46.260 like a softball in the wind that uh you know like a high and up uh pitch that basically you've got a

00:36:53.880 proposal on the modernization of our deal and you're giving us no details no details on this

00:36:59.760 no details on the actual deal for the gordie howe bridge do you know where you get detail

00:37:04.540 on the White House website.

00:37:08.580 How is that possible?

00:37:10.560 You went to the White House website

00:37:12.240 to find out what taxes would affect our country,

00:37:15.420 why he's doing it,

00:37:17.120 the justification for him doing it.

00:37:19.460 And then we come back and we see,

00:37:21.840 it's obvious to me that Carney

00:37:24.020 is not in negotiations or discussions.

00:37:26.800 It's obvious to everybody now

00:37:28.160 because Trump proceeds with what he wants to do.

00:37:31.240 well Mark Carney sits there and says I've got a call into Mr. Trump but think about his week

00:37:38.540 right think about his he's had a rough week he's had a rough week you got a 50 percent terrorist

00:37:42.460 coming from the U.S. the bridge deal is kind of imploding on him and all of a sudden he's got to

00:37:47.500 make a trip down to PEI a quick trip which you know great he can fill the plane with lobster on

00:37:52.800 the way back but right because we know those that's a trade deal still in place those trips

00:37:58.120 have some pretty nice meals on them yeah so you know oh yeah a hundred thousand dollars a trip

00:38:02.440 sometimes exactly so we you know we know he gets down there but by the time he gets down there

00:38:08.120 it looks like all the premiers are splintering mike yeah it really does it looks you know you got

00:38:13.640 you got the west coast premiers who are just taking care of themselves they're running you

00:38:17.960 know whether it be oil whether it be canola whether it be whatever they're on their own um

00:38:22.840 you know negotiating with each other over trade that should have been negotiated by the federal

00:38:28.120 government a long time ago yeah we did a whole conference to figure out that we can now sell

00:38:32.760 alcohol to each other okay great that that's a real win okay wonderful like that what that should

00:38:41.240 have been like 10 minutes but it feels like a silly 10 minute meeting yeah i'm sorry and i think

00:38:46.040 canadians feel that way too why are we getting together over this we're not getting together

00:38:49.960 over pipelines we're not getting together over energy issues or the tariffs or mining or any of

00:38:56.200 our infrastructure you know jobs i mean if the premier's inflation of running the country together

00:39:03.240 yeah food affordability yeah organize organizes it there's more there's more hold on christophe

00:39:09.640 put his hand out two more housing uh immigration but if they're gonna work if they're gonna work

00:39:14.280 as a as as team canada as you like to call them which is funny to me if they're gonna work as team

00:39:19.640 canada outside of the federal uh you know not purview but outside of federal planning they

00:39:25.880 really need to come together or they really need to get behind what the federal government's trying

00:39:30.120 to get them to do one of the two but this is almost we're good at stalling huh well we are

00:39:37.080 but you know they were waiting for him to land so because you know this is this is the premier's

00:39:41.880 meeting it's not meant to be right prime minister comes in for a day they all go behind closed doors

00:39:47.560 and they all come out singing another hymn and then the meeting's over then they all go back to

00:39:53.640 the province and continue to and complain about each other and what carny is doing yeah share

00:39:58.840 lobster recipes go back to their province and then off they go and then quite frankly yeah you

00:40:04.280 know wait for the next wait for the next meeting but the interesting part and we save a lot of

00:40:11.480 shows mike he's not waiting so if you enter so and i'd like to throw up we have a clip from uh

00:40:18.120 greer greer jameson greer yeah let's throw it up uh nick and and you know it's interesting because

00:40:23.640 he's he's on a path right like he's already like here we go yeah and by the way every time that

00:40:29.720 they lump us in with anybody they lump us in with china and mexico as uh the new tariff countries

00:40:35.880 so just just remember that that we're getting lumped in with mexico and china in almost every

00:40:40.840 case. Can you explain the timing? Why now? So first of all, Canada has had its retaliatory

00:40:48.920 measures in place on us for at least a year. Things like dairy have been discriminatory

00:40:54.580 against the United States for even longer than that. So we have been considering, you

00:41:00.340 know, very tailored action to respond to those things, which we've done. So we have three

00:41:04.460 separate actions, one for the hard cap that they've put on some of our cars or the quotas

00:41:10.020 and the system they put on our cars, the total ban they've put some of the provinces,

00:41:14.480 many of the provinces, on alcohol and liquor and that kind of thing.

00:41:18.300 And then, of course, the, what was the last one?

00:41:22.780 The dairy. 0.57

00:41:23.180 The dairy, the dairy, yeah, the dairy where they give the Europeans a better deal than we do. 0.97

00:41:28.500 So this is something that's been in preparation for some time. 0.68

00:41:32.040 We have tried for over a year to get the Canadians to eliminate these things.

00:41:35.780 Again, we've given them the best treatment available in the world in the past year or so,

00:41:39.920 And despite that, they've still taken these actions.

00:41:42.120 So we thought it was necessary to elevate this last question further antagonize the relationship between the countries.

00:41:47.520 I have great interactions with my counterparts.

00:41:49.840 I talk to them.

00:41:51.640 For us, this is business.

00:41:53.120 This is trade.

00:41:53.800 This is economics.

00:41:54.640 We're looking at bottom lines, not of an entirely likable personality, not the guy

00:42:00.080 that I'd like to see myself sitting at the table with, but he's made a point there.

00:42:05.760 They're really pushing on three things that matter most to Americans.

00:42:09.520 yeah yeah he's a lawyer by trade as we've talked about on previous shows

00:42:13.920 again americans negotiate in a different style than we do it's a you know it's a style cultural

00:42:20.000 difference that you notice quite a bit when you work in america very heavy-handed sometimes you

00:42:25.360 know very aggressive and he just said listen you know we've been talking about this for a year we

00:42:30.240 haven't gone anywhere whether that's true or not we're gonna now enact 50 percent tariffs on 500

00:42:37.360 items he he can't even remember what they are for the most part nor it doesn't look like he really

00:42:43.360 knows you know or probably cares yeah so quite frankly and he just says it's a business this is

00:42:49.320 a business issue we want concessions you're going to provide them if you're not going to provide

00:42:54.260 them we're going to hit you with a very uh heavy-handed tariff so you know we've thought

00:43:00.360 it through he does know quite frankly that that hits our medium and low uh employment sectors and

00:43:06.680 our businesses very hard yeah they know that for sure they've done obviously they haven't they you

00:43:12.860 know they have the ambassador here they have people here in canada that are well they also

00:43:16.800 have stats the work that we do right they're also following the statistics of trade that we're

00:43:22.240 obviously not following we're getting you and i are getting statistics about canadian trade in the

00:43:26.800 u.s from the u.s we don't even we don't even cite the u.s can i point something else out sure we've

00:43:33.080 seen two clips yeah have you seen what media is present at those two press conferences in the

00:43:39.940 second one with greer i didn't see a single canadian microphone extended no at the other one

00:43:46.240 we saw three media represented and they're the same three media that we see at everything and

00:43:51.620 the only reason that we see those three media exclusively in this country is because nobody

00:43:55.580 is left so if we're wondering why we're why are we the only ones talking about this paul

00:44:01.240 they're not there they're not interested this is not something they think is viable or interesting

00:44:08.120 to canadians for discussion no no and quite frankly you know mike you've been in that industry longer

00:44:13.920 than i have but the economics of the industry the media industry in canada you know the person

00:44:18.800 covering it probably is getting paid for one hour they're doing it part-time right uh they got to

00:44:23.840 get in and film be back edit and be on the six o'clock or whatever so they got to get their 30

00:44:29.020 second sound bite they have exactly you know probably an hour to 90 minutes to basically

00:44:36.940 drive there turn the get the quick interview they have to wait around until the person comes out

00:44:41.740 they're interviewing get the quick sound bite they get the sound bite they want boom they're back in

00:44:45.820 the car they're back dropping it off it gets edited and up it goes there was a time to ask a

00:44:51.100 really good complex question have a conversation wait around have lunch with uh you know staff or

00:44:58.140 or whatever that doesn't happen anymore no one cares no and and you're right about that and

00:45:02.600 that's why when people say okay why is independent media getting so much attention well this is why

00:45:07.740 we're the only ones that will sit for an hour and actually go through the documents some of them a

00:45:12.400 little thick i get it but the general discussion that we're having right now isn't readily available

00:45:18.440 through most media yeah we took those two clips but we didn't see anything from the white house

00:45:24.660 on this this week i gotta tell you you know and i've said to the offline many times uh after the

00:45:32.500 show i've had this conversation with you the media coverage on all the events uh that were happening

00:45:38.900 through the gordy how premiers and and uh the tariffs this week has been horrifically bad yeah

00:45:46.980 and when i mean horrifically bad i mean it's not been detailed enough it's not been in depth they

00:45:52.900 haven't really dug into it they don't understand it journalism of yesterday would not have stopped

00:45:58.180 until they got a copy of the deal that could be published in their newspaper on their throw up a

00:46:03.300 list of the items for crying out loud right just don't tell us it's dairy lumber and milk like you

00:46:10.740 know or you know tell us hockey sticks hockey sticks they thought that was funny yeah right

00:46:16.580 hockey sticks okay great thank you right but but it's way more than that yeah and it's 50

00:46:24.100 and it could be 100 if we don't get our smoke under control like yeah but does that mean so

00:46:29.460 what does that mean you know again like i think we got to have that conversation now if if this

00:46:35.140 can't get resolved so i know you know he says we're going to accelerate or intensify the negotiations

00:46:40.180 yeah you need to because quite frankly we're uh we talked about going in the show we're 160 days

00:46:47.980 left in this year so you you have you know wow you cannot go into the winter

00:46:55.100 without this resolved at a 50 tariff level let's be serious you can't small and medium

00:47:03.200 sized businesses that slow down in the winter months when the weather gets bad if they're at

00:47:07.800 50 tariff click will not make it through the winter so you will you have a mass fallout from

00:47:14.840 that so that is reality that's where you're at so you might as well put on the table what the

00:47:19.880 position they've given you for modernizing tariffs in canada and and try to get some response from

00:47:27.400 the public because that's where you're at now you might find that we're okay with tariffs because

00:47:32.440 we're going to do this this and this but there's no strategy alongside this here's the other thing

00:47:37.080 that i noticed maybe i'm wrong and i haven't really been paying attention to the opposition

00:47:41.160 on this andrew sheer is the first guy i've seen talking about this from the opposition to be

00:47:45.400 honest with you i mean i saw a little clip of the sound bite from polyev uh earlier in the week but

00:47:51.240 when the 50 tariff thing arrived he seemed to disappear into the woodwork uh and andrew sheer

00:47:56.840 pushed to the front okay but it would be nice to hear that our the leader of the opposition is

00:48:04.120 getting together with our prime minister on this issue like let's see it let's visibly see you go

00:48:09.560 into a room together and discuss this and come out with some sort of solution that works that

00:48:15.640 can be backed by everybody in the country the other thing that we saw was uh you know there's

00:48:20.360 greer saying well we've it's been sitting there for a year is that because we're not negotiating

00:48:26.120 or they're not negotiating no no we're stuck so you know there are some items he you know it's not

00:48:32.120 uh part of it's true part of it's not um but you know we are stuck we're not going to concede

00:48:39.000 you know our alcohol position was our alcohol position our dairy position is our dairy

00:48:43.400 position we're not conceding on those should we be negotiating instead of not conceding

00:48:48.040 well that's the discussion right so whereas you know they're at they're at a stalemate so unless

00:48:52.680 they can figure out and quite frankly you know there's the discussion you know should we counter

00:48:58.520 tariff or retaliatory tariffs my guess is if we retaliate you know if we if we do that uh retaliate

00:49:07.000 then quite frankly he's going to take that to a hundred percent like you've seen the player right

00:49:11.720 you've seen what's going to happen so quite you know is that a is that a solution i don't think

00:49:17.880 so at this point did you get the feel when you were down east and i'll share my west coast

00:49:21.960 experience by the way we're about to do those tours again if if you'd like to catch up with

00:49:27.160 that will catch up with us while we're doing that we love it uh what was the feeling that you got on

00:49:33.080 tariffs and trade as you made your way to the east uh didn't see a lot of impacts i'll be true

00:49:40.040 you know i went through uh and we're gonna do a show on it but just a quick synopsis uh you know

00:49:46.200 montreal was really busy quite frankly doing a lot of trade with the u.s right now um trucks going

00:49:52.920 all over the place uh through the east coast it's actually the east coast has cleaned up

00:49:58.040 significantly looked really good honestly they were busy active you know halifax you know there's

00:50:04.360 a lot going on right now people are very happy uh pi of course always the same you know very

00:50:10.440 brilliant people always challenged by the environment um and you know i say the newfoundland

00:50:17.080 labrador are just waiting for announcements they're sitting on the cusp of brilliance and

00:50:21.640 And that's where they're, you know, so it's a different environment.

00:50:25.060 And, you know, you see it in those negotiations with the premiers, right?

00:50:28.800 The premiers are walking in there.

00:50:30.080 Some of them are like, just don't touch me.

00:50:32.420 And quite frankly, if I didn't need to be here, I would rather not be.

00:50:35.600 I would rather just get on a plane and fly back.

00:50:37.640 There was a lot of that at that meeting.

00:50:39.120 There was a lot of like, okay, I'm taking the picture.

00:50:42.120 I got the photo up.

00:50:43.340 I don't really want to do an interview.

00:50:45.220 And I hope I get on the plane quickly and, you know, just send my oysters and lobsters

00:50:50.320 for following a dress because that's all I want you could see that right right and I'm like wow

00:50:54.860 yeah yeah it wasn't the fun beach loving vacation they used to get when they'd have the meetings 0.95

00:51:00.580 there last year and the year before and the year before this was kind of like shit I gotta go now 0.70

00:51:05.360 I gotta really get I've got to focus on this it's interesting down the way down as we made our way

00:51:10.160 to the west uh uh I would ask about you know how tariffs affected you uh affected our our work

00:51:17.340 load um honestly no i'm not seeing a huge amount of it i think a lot of companies have adapted

00:51:24.800 we still have a lot of stuff in warehouses here um six months from now i think is when we start

00:51:30.660 to feel the effects of this so carny you better move christmas all right well look thanks for

00:51:37.280 joining us we do this all the time we do several shows a day if you would like to follow us more

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True Patriot Love - July 30, 2026

50% Tariffs & The Gordie Howe Bridge

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