Iran Conflict Drags On: Why Canada Could Pay the Price
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Summary
In this episode of the True Panda Podcast, the guys talk about the Iran crisis, the Kuzma deal with Mexico, the U.S. trade deal with Canada, and much more. Also, Canada's Prime Minister Mark Carney has a new deal with Boeing and Bombardier!
Transcript
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is it a war is it not a war is it a ceasefire is not a ceasefire all we know is canadians
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are getting hosed at the gas pump because of the ongoing conflict in iran it started way back in
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february 28th and here we are at the end of may and we have no idea when it ever will truly end
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to talk about it talking about paul brian gentlemen this is something i didn't think we'd
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still be talking about this many months later but here we are and it's still going on it is Jim you
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know and uh prior to the show I was uh mentioning to both of you that I had watched a podcast and
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if you know we're we're loving doing the podcast thing here at true PDA uh true Patriot love but
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you know I was watching diary of a CEO oh he's fantastic right and Professor Yang was on and
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I don't agree with everything he says, but quite frankly, he had a whole theory on what was
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happening in Iran. We tied that the other day to a show we did on Kuzma. Stay with me for a minute
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because it's very interesting. You watch what's happening with oil and gas prices, what's
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happening now with Kuzma. Now with Kuzma, we did another show where Jameson Greer comes out
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just as we're editing the show and he says I'm going to Mexico I'm not bringing the Canadians
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I'm going to have a negotiation with the Mexicans and you know what I'm going to come back July 1
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and I'm going to tell you if I want to continue our 16 year 16 year deal on Kuzma or if I want to
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say goodbye to it and just go year to year or if I want to terminate it and everyone's like
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big gulp then on the heels of that he comes out and he he made basically uh four statements that
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i thought were really compelling the first one he said the u.s are going to be talking about
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rules of origin in a way that enhances u.s content in all goods in the western hemisphere
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so think about that for a minute because that comes that's fresh out of the national defense
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paper national defense strategy that we read out in december and when we read it i was like wow
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i thought it was uh earth shattering when we read it out in december no one really looked
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at it it actually got put on a shelf but you know for those of you who have time this weekend when
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you're when you're bored and you're sitting around reading or doing or by the pool read it because
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it is a very interesting document which a part of it talks about how economy is the essential
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fundamental to national strategy to national security so i can't see anyone arguing with that
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one economic security yeah two negotiations and this is this is greer again negotiations
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are also going to focus on external tariffs coordination with the goal of reducing the
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amount of chinese products entering the u.s supply chains through canada and mexico which is again
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again fresh out of this national security paper three u.s terrorists on mexico and canada aren't
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going away the u.s government is going to have tariffs as long as we have giant deficits in
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other words he doesn't we are always going to have tariffs but regardless of what we negotiate in
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kuzma or uzma or whatever we want to call it we're going to have tariffs and then number four if the
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u.s can come to good terms with mexico and others in the region on external tariffs it makes it
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easier for us to give preferential treatment to people in the region so in other words
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if you uh abide by or you actually work with us on how we're going to tariff the rest of the world
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we're going to be good to you in the western hemisphere correct however our prime minister
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mark carney has already fired a shot across their bow this week with some pretty big defense
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contracts uh both by bypassing boeing and america for their next generation of awac planes canada's
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never had an awac plane we've always sent air crew to join the awac planes of famous e3 and that has
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always been in the nato base in brussels now here we just bought six saab bombardier canadian made
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canadian produced awa queens bypassing boeing and they signed other deals bypassing american
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manufacturers to buy their own equipment and i think that has really put a bee in the bonnet
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of the pentagon and the u.s government because they're telling canada there was a leaked memo
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that yeah we this is your things you have to buy this this and this and here's the supplier and
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canada's giving them the big metal finger saying no we're going to buy from somebody else well i
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think that's a foolish move by canada to be quite honest with you i think that's i think that's
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absolute stupidity how are you how are we going to compete with the united states they have
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historically been our greatest ally historically they've been willing to defend us if something
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horrible were to happen historically we've amalgamated ourselves into their sports into
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their culture they're they're not this this giant monster that they're being made out to be if you
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turn back the clock and you go back to the 50s 60s 70s we had tariffs we had tariffs all the way
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along for a very very long time and then free trade was introduced and everyone complained
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about free trade it was going to be a horrible thing it was going to decimate the nation until
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it wasn't until it wasn't and now it's not looking so great in the global economy and tariffs may be
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the necessary evil required to bring the western hemisphere back to prominence on the world stage
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the western hemisphere was unbeatable through the 60s and 70s and even the early 80s so i don't know
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why we would push against the united states with such force and try and embarrass them i think that
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what we should be doing is maybe there's an old saying seek to understand not to be understood
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and right now i have a sneaking suspicion that prime minister carney small in stature loud in
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voice is walking around saying look at me i'm going to thump my chest and by the way thumb in
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your eye and that sort of and i'm not disagreeing with you brian but he did paint himself in the
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corner a couple months ago when he said he proclaimed that 70 percent of our future military
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purchases would be canadian ties or canadian manufacturing so these global eye awack planes
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they're buying are swedish slash sap technology built the bombardier plan in montreal and they're
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they're trying to sign every deal he's trying to sign now that seven out of ten dollars is spent
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in canada with ties to canadian jobs so i mean that's that's his mandate as prime minister now
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no no and i get it you know and jameson greer you know we're gonna throw the clip on on the screen
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uh now and the reality is we've spent the past year and a half going to countries telling them
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we have to have some level of tariffs on the globe to deal with this giant death that we're
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dealing with to try to reshore etc and and most countries have you know grudgingly but they've
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said we understand your policy uh we understand so we're going to negotiate with you we're going
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to remove some of these tariffs and non-tariff barriers etc you know canada's approach has been
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different they like china retaliated against the united states two countries in the world
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retaliate against us people's republic of china and canada so they're just they're just in a
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different spot he's still criticizing it so we're still getting criticism over kind of our pushback
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and he's saying, you know, China and Canada are the only two at pushback on the terror front. So
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I think we have to walk that line very finely. But, you know, I want to get into, because this
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is a really interesting thing. I want to get into not only the national security strategy,
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but I also want to talk about Iran for a minute. Because, you know, we're kind of walking a funny
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line right now because as canadians we're waiting to see the outcome of what's going to happen in
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iran and for most people you know when i talk to now they're like is that still going on you know
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today you know we saw they're trying to get a 60-day ceasefire in place you mentioned it on the
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intro gym and when we all you know when we all woke up and we saw best uh maduro being uh you
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know hauled out of venezuela and then we saw the u.s entering into iran we all thought okay this
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is going to be short you know this is going to be quick this is going to be short well it turns out
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it's not and jim i got to give you credit because when that happened you said this is not going to
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be short you said the top topography of iran is much different than iraq and quite frankly
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you know one being uh desert and flat and the other being mountainous and hard to conquer because
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all their stuff's hidden in the rock they can't find it exactly but you know the u.s was in a
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funny spot so you know we don't talk about it a lot and i know you know uh professor professor
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is young on the show with uh steven on diary of a ceo he mentioned it it was a really interesting
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point he basically said that the u.s was in such a precarious position because when uh
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uh Russia and the Ukraine basically went to war the Russians the uh the Iranians and the Chinese
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started to form a faction and looking at the petrodollar and looking at gold as a standard
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and it put the U.S. in a very uncomfortable situation so you know I started the show when
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you did your intro with you know economic uh stability right is the key to national stability