00:00:00.160so we just heard oh yeah you deal in this hemisphere you will be discouraged from
00:00:06.400dealing outside of this hemisphere yeah you will market like this hemisphere is the number one
00:00:12.240place to be and we will dismantle you if you don't deal within this hemisphere
00:00:22.560mike brady and i sat down recently and did an update on kuzma
00:00:27.360And we shared our thoughts on how the Monroe Doctrine and the U.S. National Security Strategy was going to impact Kuzma.
00:00:37.320And just as we were finished editing the show, Jameson Greer, the U.S. trade representative, was speaking in Washington one day before traveling to Mexico City for his first round of formal bilateral negotiations ahead of the six-year review of the United States-Mexico-Canada trade agreement.
00:00:59.420Canada has not yet started formal talks with the U.S. and won't be at the negotiating table this week in Mexico.
00:01:07.320The three governments have to decide on July 1 whether to extend the agreement for 16 years
00:01:13.360or to move to a period of annual reviews or terminate it.
00:01:19.340Officials for all three countries have said they expect the scenario to lag on and negotiations
00:01:26.520to exceed or go past the July 1 deadline.
00:01:30.800I think that over the course of these negotiations, we're going to be talking about rules of
00:01:36.880origin in a way that enhances U.S. content in these goods," said Greer.
00:01:43.360He added that negotiations would also focus on external tariff coordination with the goal of
00:01:50.160reducing the amount of Chinese products entering the U.S. through chains in Canada and Mexico.
00:01:57.600U.S. tariffs, he said, on Mexico and Canada aren't going away. We're going to have tariffs as long
00:02:04.800as we have a giant trade surplus in his words my sense though is if i we can come to good terms
00:02:14.080with mexico and others in the region on external tariffs it makes it easier to give preferential
00:02:20.240treatment to folks in the region again this is all part of the monroe doctrine and the national
00:02:27.120security strategy so watch the show learn because what we're about to talk about
00:02:34.560has really been outlined since christmas hi and thanks for joining us tplmedia.ca and watch it
00:02:44.480locally tplmedia.ca local we may be in your town already if not we're coming there soon and we
00:02:51.600would love your support so don't hesitate to subscribe today we're talking about a topic
00:02:55.680we visited many times here on TPL because it has great implications for what happens here
00:03:01.940economically in Canada. We're talking Kuzma. And on the doorstep of a new negotiation as we hit1.00
00:03:07.800the sunset clause on the last deal, we've got to wonder what's going to happen. Joining us to talk
00:03:12.780about it, Brady Wedham, Paul Macucci. Guys, thanks so much. Paul, maybe we could start with a bit of
00:03:19.120recap as to where we land right now and what we've learned so far sure sure so you know a little
00:03:26.480background on kuzma um it started off really with nafta though 1994 u.s canada mexico got together
00:03:35.360they created nafta now nafta worked out famously quite frankly it tripled trade between the the
00:03:42.160three countries on the continent um a trilateral agreement that accounted for about one point
00:03:47.680trillion in trade a year so it may it makes up for about 17 million jobs um and 1.8 million
00:03:56.320uh traded per minute across the region so it was a unbelievable success leading up to 2020
00:04:03.520but of course you know every big agreement has its challenges and so 2020 came along as we know
00:04:10.400uh president trump was in office you know trudeau prime minister trudeau there then came some bumps
00:04:18.560so it took a long time uh minister freeland at the time uh spent uh was the lead on on the
00:04:24.800negotiation there were some hurt feelings at the table from the sound of it it was a little bumpy
00:04:29.760um but we came out with a 36 uh year agreement we have have break points or review points at
00:04:37.280certain times and is that every decade at the moment it seems like we're 10 years from the
00:04:41.200last time we sat down every six years or six years okay so we have they were on the sixth
00:04:45.600year we got to go to a review now um it's coming up july 1 is the key date uh and here we are so
00:04:52.480now we have some uh key discussions happening and a little bit of context you know there's uh
00:05:01.040the gordy howe bridge that's on the table that wasn't we did a show on that it's been thrown in
00:05:06.640the pool to say we're not opening the bridge until we get a kuzma negotiation so you know brady and
00:05:12.000i've been talking about it he's kind of new to this file um and this discussion and so we just
00:05:18.000started today and yeah and one of the main reasons why i wanted to sit on this is i'm i'm not a trade
00:05:23.280uh negotiator expert by any means most of us are not there's one of us sitting at the table that
00:05:29.600is and i think that's rare and i wanted to be pretty much an audience member that's just sitting
00:05:34.160at the table with you guys so who are we negotiating with and what is the main negotiating
00:05:39.520group profile on the us and canada well this is a really good way to look at this as you point out
00:05:45.120uh previous deals during nafta there was hurt feelings at the table that yeah there's no two
00:05:49.360ways about it especially in dealing with the trump uh the trump mission your personalities
00:05:56.960make a difference oh yeah yeah huge difference so so now we have uh pete huckstra so he's the
00:06:03.280ambassador so he's the key lead on the u.s side and then recent addition and uh profiled he's
00:06:10.080been around for a little while is jameson greer so jameson greer is really the the ambassador on
00:06:16.000trade uh trade ambassador and he's stepping up um from the u.s to take over the negotiations
00:06:23.520his background he's a lawyer uh from uh california he was raised in california
00:06:31.360uh went to school in utah um he's a mormon um you know he went on many uh mormon trade missions
00:06:39.780he then went and served in the military he was a captain in the uh air force oh wow um where did
00:06:45.780he serve served in iraq from 2003 to 2012 he's got a you know uh quite a uh you know interesting
00:06:54.800background um he's traveled around the world he's done many mormon trade missions from europe to
00:07:00.040other parts of the country so he's he's well traveled he's seen the world stable base morally
00:07:04.520it sounds like stable base morally um and he he thumps the bible in in in uh i want i put it out
00:07:11.780there he does he's very oh yeah religious up front uh you know his his mormon faith is something
00:07:17.480that's uh put up front consistently in his in his uh well it's interesting so and i you know i tell
00:07:23.160this story at many dinner parties when i when i moved to the u.s in my 20s i actually went to las
00:07:29.260vegas and um i worked and for a partnership where the partners were mormon and it's interesting i
00:07:38.220didn't know anything about the mormon religion when i got there so you know being from canada
00:07:42.780and quite frankly not being familiar with different religions in the u.s i got there and
00:07:47.420it was a wonderful guy randy was his name and i worked for him and his partners and you know they
00:07:53.740treated me very well i had but they were they were really nice and they'd invite me for dinner
00:07:58.700and i'd go for dinner and we'd sit around the table and it'd be him and i and a bunch of kids
00:08:05.820there was like eight or nine kids and three women and i would uh you know we would leave so about
00:08:13.580the second time we had a barbecue we went for a walk after dinner and i'm walking along and i'm0.93
00:08:17.660a kid right like i'm in my 20s i'm not very naive right brandy who are the ladies that tell me those
00:08:22.780are my wives right and i'm like oh okay all right so i'm like i get it now so it is illegal though
00:08:31.980now in the in the u.s but it has been illegal for and for some time but it i think it's known that
00:08:37.820that is you know that community has had uh the multiple wives uh theory yeah it's a you know
00:08:45.820historically we can spend more time on it in another show but quite frankly uh you know the
00:08:50.620the Mormon religion is definitely another way of looking at, you know, Christianity.
00:08:55.880It has some twists and turns that are different than, you know, Catholics, Protestants, you know.