CBCNEWS — Live Hanomansing Tonight
20260909 230000 UTC
1588 transcript segments
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[00:00:27] THAT IS SCHEDULED TO HAPPEN ANY MOMENT NOW. ANY MOMENT NOW. WE'LL BRING THAT TO YOU.
[00:00:30] WE'LL BRING THAT TO YOU. FIRST, CANADA IS FACING FIRST, CANADA IS FACING ANOTHER ROUND OF PUNISHING
[00:00:33] ANOTHER ROUND OF PUNISHING ECONOMIC ATTACKS FROM THE ECONOMIC ATTACKS FROM THE TRUMP ADMINISTRATION TODAY.
[00:00:36] TRUMP ADMINISTRATION TODAY. THE U.S. PRESIDENT IS THE U.S. PRESIDENT IS PUNCHING BACK ON CANADIAN PUNCHING BACK ON CANADIAN TARIFFS ON BILLIONS OF
[00:00:40] TARIFFS ON BILLIONS OF DOLLARS OF U.S. GOODS THAT DOLLARS OF U.S. GOODS THAT KICKED IN YESTERDAY. KICKED IN YESTERDAY. HE HAS SIGNED SEVERAL
[00:00:44] HE HAS SIGNED SEVERAL PROCLAMATIONS THAT WIDEN HIS PROCLAMATIONS THAT WIDEN HIS TRADE WAR. TRADE WAR. HERE'S THE LOOK AT THE
[00:00:48] HERE'S THE LOOK AT THE LATEST ESCALATION STARTING LATEST ESCALATION STARTING SEPTEMBER 29th. SEPTEMBER 29th. THE U.S. WILL OUTRIGHT BAN
[00:00:51] THE U.S. WILL OUTRIGHT BAN THE IMPORT OF A SLATE OF THE IMPORT OF A SLATE OF CANADIAN PRODUCTS, INCLUDING
[00:00:54] CANADIAN PRODUCTS, INCLUDING ALCOHOL, MOTORCYCLES, WEIGHT
[00:00:56] ALCOHOL, MOTORCYCLES, WEIGHT PRODUCTS AND MOLE ASSESS.
[00:00:58] PRODUCTS AND MOLE ASSESS. TRUMP IS ALSO SLAPPING
[00:01:02] TRUMP IS ALSO SLAPPING TARIFFS ON DAIRY, ALUMINUM, TARIFFS ON DAIRY, ALUMINUM, WOOD PRODUCTS, AS WELL AS
[00:01:05] WOOD PRODUCTS, AS WELL AS MATTRESSES. MATTRESSES. BUT PRESIDENT ALSO REMOVED
[00:01:08] BUT PRESIDENT ALSO REMOVED TARIFFS PUT IN PLACE JUST PLACET
[00:01:13] REFERENDUM ON LEAVING CANADA. HE SAID WE'RE STRONGER TOGETHER
[00:01:15] HE SAID WE'RE STRONGER TOGETHER AND THE ROLE OF ALBERTA HAS
[00:01:18] AND THE ROLE OF ALBERTA HAS NEVER BEEN STRONGER.
[00:01:21] NEVER BEEN STRONGER. CBCs KARINA ROMAN IS BACK FROM
[00:01:25] CBCs KARINA ROMAN IS BACK FROM OTTAWA. OTTAWA. HE WAS ASKED WHEN WE WILL BE HE WAS ASKED WHEN WE WILL BE BACK AT THE TABLE.
[00:01:29] BACK AT THE TABLE. >> Reporter: WHEN THE TIME IS >> Reporter: WHEN THE TIME IS RIGHT.
[00:01:31] RIGHT. COULD YOU GET ANYMORE VAGUE? COULD YOU GET ANYMORE VAGUE? >> Andrew: YEAH.
[00:01:35] >> Andrew: YEAH. >> Reporter: IT WAS >> Reporter: IT WAS INTERESTING. INTERESTING. HE WASN'T ASKED SO HE DIDN'T
[00:01:38] HE WASN'T ASKED SO HE DIDN'T ADDRESS SPECIFIC MEASURES THAT
[00:01:41] ADDRESS SPECIFIC MEASURES THAT WE'VE NOW SEEN BEING ANNOUNCED WE'VE NOW SEEN BEING ANNOUNCED BY THE U.S. YESTERDAY SO HE
[00:01:45] BY THE U.S. YESTERDAY SO HE DIDN'T TALK ABOUT THE U.S. BAN DIDN'T TALK ABOUT THE U.S. BAN ON CANADIAN ALCOHOL
[00:01:48] ON CANADIAN ALCOHOL SPECIFICALLY OR THE SECTORS
[00:01:50] SPECIFICALLY OR THE SECTORS THAT ARE NOW FACING NEW 50% THAT ARE NOW FACING NEW 50% LEVIES.
[00:01:54] LEVIES. HE DID POINT OUT AS WE HAVE HE DID POINT OUT AS WE HAVE BEEN POINTING OUT THAT THERE
[00:01:57] BEEN POINTING OUT THAT THERE HAS BEEN THE REVERSAL OF SOME
[00:01:58] HAS BEEN THE REVERSAL OF SOME TARIFFS BY THE U.S. IN LAST
[00:02:01] TARIFFS BY THE U.S. IN LAST NIGHT'S PROCLAMATIONS, A NIGHT'S PROCLAMATIONS, A RECOGNITION THAT CANADA -- THAT
[00:02:05] RECOGNITION THAT CANADA -- THAT THE U.S. DOES NEED THINGS FROM
[00:02:09] THE U.S. DOES NEED THINGS FROM CANADA AND THAT CANADA IS NOT
[00:02:13] CANADA AND THAT CANADA IS NOT ACTUALLY IN A WEAK POSITION THE ACTUALLY IN A WEAK POSITION THE WAY THAT HAS BEEN CHARACTERIZED
[00:02:16] WAY THAT HAS BEEN CHARACTERIZED BY THE TRUMP ADMINISTRATION. BY THE TRUMP ADMINISTRATION. BUT MORE GENERALLY SPEAKING HIS
[00:02:20] BUT MORE GENERALLY SPEAKING HIS MESSAGE IS WHAT WE'VE HEARD
[00:02:21] MESSAGE IS WHAT WE'VE HEARD FROM OTHER MINISTERS TODAY AND,
[00:02:25] FROM OTHER MINISTERS TODAY AND, WELL, IT'S NOT REALLY WELL, IT'S NOT REALLY SURPRISING THAT CANADA CAN ONLY
[00:02:28] SURPRISING THAT CANADA CAN ONLY CONTROL HOW IT REACTS TO WHAT CONTROL HOW IT REACTS TO WHAT TRUMP AND HIS ADMINISTRATION IS
[00:02:32] TRUMP AND HIS ADMINISTRATION IS DOING, SO THAT IS HIS FOCUS AND
[00:02:35] DOING, SO THAT IS HIS FOCUS AND THAT GOES TO ALL THE THINGS THAT GOES TO ALL THE THINGS THAT THEY'VE BEEN TALKING ABOUT
[00:02:38] THAT THEY'VE BEEN TALKING ABOUT FOR THE LAST YEAR, BUILDING FOR THE LAST YEAR, BUILDING CANADA STRONG, BRINGING DOWN
[00:02:42] CANADA STRONG, BRINGING DOWN INTERPROVINCIAL TRADE BARRIERS,
[00:02:43] INTERPROVINCIAL TRADE BARRIERS, GETTING PROJECTS BUILT, AND
[00:02:49] GETTING PROJECTS BUILT, AND JUST DOING WHAT CANADA CAN DO JUST DOING WHAT CANADA CAN DO TO MAKE IT MORE RESILIENT AND
[00:02:53] TO MAKE IT MORE RESILIENT AND DIVERSIFYING TRADE AND THAT DIVERSIFYING TRADE AND THAT KIND OF THING. KIND OF THING. I THOUGHT IT WAS INTERESTING
[00:02:57] I THOUGHT IT WAS INTERESTING THAT HE TALKED ABOUT THE THAT HE TALKED ABOUT THE SUPPORTS THAT HAVE BEEN PUT
[00:02:59] SUPPORTS THAT HAVE BEEN PUT INTO PLACE UP TO THIS POINT
[00:03:07] INTO PLACE UP TO THIS POINT BECAUSE THIS TRADE WAR HAS BEEN BECAUSE THIS TRADE WAR HAS BEEN EXPANDED UP INTO THE NEXT FEW
[00:03:10] EXPANDED UP INTO THE NEXT FEW WEEKS OR EVEN IN THE UPCOMING WEEKS OR EVEN IN THE UPCOMING FALL BUDGET, SAYING INSTEAD
[00:03:14] FALL BUDGET, SAYING INSTEAD THAT THEY'RE STILL LOOKING AT THAT THEY'RE STILL LOOKING AT THE MEASURES AND THEIR
[00:03:17] THE MEASURES AND THEIR POTENTIAL IMPACTS THAT WERE IN
[00:03:21] POTENTIAL IMPACTS THAT WERE IN THE PROCLAMATIONS THAT DON'T GO
[00:03:24] THE PROCLAMATIONS THAT DON'T GO INTO EFFECT UNTIL NEXT WEEK AND INTO EFFECT UNTIL NEXT WEEK AND SOME AFTER SO I GUESS THEY HAVE
[00:03:28] SOME AFTER SO I GUESS THEY HAVE SOME TIME THERE, BUT REALLY SOME TIME THERE, BUT REALLY TALKING ABOUT HOW THAT SUPPORT
[00:03:31] TALKING ABOUT HOW THAT SUPPORT HAS HELPED, AT LEAST IN HIS
[00:03:33] HAS HELPED, AT LEAST IN HIS VIEWPOINT, AND THAT THE VIEWPOINT, AND THAT THE SUPPORTS -- THESE SUPPORTS,
[00:03:37] SUPPORTS -- THESE SUPPORTS, SOME TYPE OF SUPPORTS SHOULD
[00:03:39] SOME TYPE OF SUPPORTS SHOULD STAY IN PLACE UNTIL, AS HE
[00:03:41] STAY IN PLACE UNTIL, AS HE SAID, WE RETURN TO A MORE SAID, WE RETURN TO A MORE STABLE TRADING ENVIRONMENT BUT
[00:03:45] STABLE TRADING ENVIRONMENT BUT OF COURSE THE BIG QUESTION IS
[00:03:46] OF COURSE THE BIG QUESTION IS WHEN, WHEN WOULD THAT BE, AND
[00:03:53] WHEN, WHEN WOULD THAT BE, AND SO THAT WOULD BE FOR QUITE SO THAT WOULD BE FOR QUITE SOMETIME.
[00:03:57] SOMETIME. >> Andrew: YEAH, WE DON'T KNOW. >> Andrew: YEAH, WE DON'T KNOW. IT COULD BE FOR THE REST OF IT COULD BE FOR THE REST OF DONALD TRUMP'S TERM.
[00:04:01] DONALD TRUMP'S TERM. WE DON'T KNOW. WE DON'T KNOW. SO WHAT ARE WE BRACING FOR SO WHAT ARE WE BRACING FOR NEXT?
[00:04:04] NEXT? >> Reporter: WELL, YOU GOT A >> Reporter: WELL, YOU GOT A SENSE THERE THAT OTTAWA, THE
[00:04:07] SENSE THERE THAT OTTAWA, THE PRIME MINISTER, THE CABINET NOT PRIME MINISTER, THE CABINET NOT TALKING ABOUT ANY MORE
[00:04:11] TALKING ABOUT ANY MORE RETALIATION AT THIS POINT. RETALIATION AT THIS POINT. THEY'RE STILL DIGESTING THE
[00:04:14] THEY'RE STILL DIGESTING THE PROCLAMATIONS OF LAST NIGHT.
[00:04:17] PROCLAMATIONS OF LAST NIGHT. THERE'S NO DESIRE TO ESCALATE. THERE'S NO DESIRE TO ESCALATE. I DON'T KNOW THAT WE CAN SAY
[00:04:20] I DON'T KNOW THAT WE CAN SAY THAT OF ALL THE PROVINCIAL
[00:04:22] THAT OF ALL THE PROVINCIAL LEADERS AND TERRITORIAL LEADERS
[00:04:25] LEADERS AND TERRITORIAL LEADERS BECAUSE NOT ALL LEADERS HAVE BECAUSE NOT ALL LEADERS HAVE RULED OUT RETALIATION.
[00:04:28] RULED OUT RETALIATION. THEY'RE JUST SAYING THAT NEVER THEY'RE JUST SAYING THAT NEVER SAY NEVER.
[00:04:31] SAY NEVER. B.C.s PREMIER DAVID EBY IS ONE
[00:04:35] B.C.s PREMIER DAVID EBY IS ONE OF THEM, AND QUEBEC'S CHRISTINE
[00:04:44] OF THEM, AND QUEBEC'S CHRISTINE FRÉCHETTE SIS ANOTHER.
[00:04:46] FRÉCHETTE SIS ANOTHER. MANITOBA PREMIER WAB KINEW MANITOBA PREMIER WAB KINEW SPOKE ABOUT SUPPORTING
[00:04:50] SPOKE ABOUT SUPPORTING BUSINESSES AND WORKERS. BUSINESSES AND WORKERS. HE DID HAVE THIS TO SAY ABOUT
[00:04:53] HE DID HAVE THIS TO SAY ABOUT DONALD TRUMP. DONALD TRUMP. TAKE A LISTEN.
[00:04:55] TAKE A LISTEN. >> WHEN IT COMES TO TRUMP
[00:05:03] >> WHEN IT COMES TO TRUMP HIMSELF I THINK WE'RE AT THE HIMSELF I THINK WE'RE AT THE STAGE THAT YEAH, JUST DON'T
[00:05:07] STAGE THAT YEAH, JUST DON'T FEED THE BEAST AND JUST STARVE FEED THE BEAST AND JUST STARVE HIM OF ATTENTION A LITTLE BIT
[00:05:10] HIM OF ATTENTION A LITTLE BIT BUT THERE IS A SUBSTANTIVE
[00:05:12] BUT THERE IS A SUBSTANTIVE TRADE DISPUTE THAT NEEDS TO GET TRADE DISPUTE THAT NEEDS TO GET ADDRESSED BUT I THINK NOW WE
[00:05:16] ADDRESSED BUT I THINK NOW WE JUST NEED TO REALIZE THAT JUST NEED TO REALIZE THAT AMERICA IS GOING TO BE THERE
[00:05:19] AMERICA IS GOING TO BE THERE LONG AFTER DONALD TRUMP LEAVES
[00:05:25] OFFICE SO LET'S FIGURE OUT A WAY TO ESTABLISH CONCRETE
[00:05:33] WAY TO ESTABLISH CONCRETE RELATIONSHIPS WITH ACTORS WHO RELATIONSHIPS WITH ACTORS WHO WILL TAKE THE HELM AFTER HE'S
[00:05:36] WILL TAKE THE HELM AFTER HE'S DONE. DONE. >> Reporter: NOW HE DID TALK
[00:05:40] >> Reporter: NOW HE DID TALK ABOUT HOW HE AND OTHER PREMIERS ABOUT HOW HE AND OTHER PREMIERS WILL BE AT THE INVESTMENT
[00:05:43] WILL BE AT THE INVESTMENT SUMMIT LATER NEXT WEEK WHICH IS SUMMIT LATER NEXT WEEK WHICH IS TRYING TO MOSTLY ATTRACT
[00:05:46] TRYING TO MOSTLY ATTRACT FOREIGN INVESTMENTS INTO THEIR FOREIGN INVESTMENTS INTO THEIR PET PROJECTS, WHAT THEY BELIEVE
[00:05:50] PET PROJECTS, WHAT THEY BELIEVE WILL REALLY PUSH CANADA FORWARD
[00:05:51] WILL REALLY PUSH CANADA FORWARD IN TERMS OF ECONOMIC GROWTH AND
[00:05:54] IN TERMS OF ECONOMIC GROWTH AND HELP CANADA BE MORE RESILIENT HELP CANADA BE MORE RESILIENT AS IT ENDURES THIS TRADE WAR
[00:05:58] AS IT ENDURES THIS TRADE WAR WITH THE U.S. WITH THE U.S. I SHOULD MENTION THAT
[00:06:01] I SHOULD MENTION THAT FRANCOIS-PHILLIPE CHAMPAGNE,
[00:06:03] FRANCOIS-PHILLIPE CHAMPAGNE, THE FINANCE MINISTER, TALKED A
[00:06:09] THE FINANCE MINISTER, TALKED A LOT ABOUT THAT CANADA'S NUMBER
[00:06:14] LOT ABOUT THAT CANADA'S NUMBER ONE INVESTMENT IS TRUST SO I ONE INVESTMENT IS TRUST SO I THINK THAT'S WHAT YOU'RE GOING
[00:06:17] THINK THAT'S WHAT YOU'RE GOING TO HEAR AT THE INVESTMENT TO HEAR AT THE INVESTMENT SUMMIT A LOT AND THE PREMIERS
[00:06:20] SUMMIT A LOT AND THE PREMIERS ARE GOING TO BE TOUTING THAT, ARE GOING TO BE TOUTING THAT, AS WELL BECAUSE AS THE FINANCE
[00:06:24] AS WELL BECAUSE AS THE FINANCE MINISTER SAID TODAY, CANADA IS MINISTER SAID TODAY, CANADA IS NOT AN AGREEMENT THAT SIGNS ITS
[00:06:27] NOT AN AGREEMENT THAT SIGNS ITS AGREEMENTS IN PENCIL SO THAT IS
[00:06:30] AGREEMENTS IN PENCIL SO THAT IS GOING TO BE -- IS NOT A COUNTRY GOING TO BE -- IS NOT A COUNTRY THAT SIGNS ITS AGREEMENTS IN
[00:06:34] THAT SIGNS ITS AGREEMENTS IN PENCIL SO THAT IS GOING TO BE PENCIL SO THAT IS GOING TO BE SOMETHING THAT THEY TALK ABOUT.
[00:06:37] SOMETHING THAT THEY TALK ABOUT. GETTING BACK TO TRADE TALKS, AS GETTING BACK TO TRADE TALKS, AS THE FINANCE MINISTER HAS SAID,
[00:06:43] WHEN THE TIME IS RIGHT BUT NO ONE HAS A TIMELINE AS TO WHEN
[00:06:47] ONE HAS A TIMELINE AS TO WHEN THAT IS. THAT IS. >> Andrew: THE PRESIDENT IS THE >> Andrew: THE PRESIDENT IS THE KEYNOTE SPEAKER AT A GLITZY
[00:06:51] KEYNOTE SPEAKER AT A GLITZY GATHERING OF REPUBLICANS IN
[00:06:52] GATHERING OF REPUBLICANS IN DALLAS BUT WE MAY NOT HEAR MUCH
[00:06:56] DALLAS BUT WE MAY NOT HEAR MUCH ABOUT TRADE TALKS OR TARIFFS.
[00:06:59] ABOUT TRADE TALKS OR TARIFFS. FOR MORE THE CBCs CATHARINE
[00:07:02] FOR MORE THE CBCs CATHARINE TUNNEY HAS MORE FOR US FROM THE
[00:07:05] TUNNEY HAS MORE FOR US FROM THE CBCs WASHINGTON BUREAU. CBCs WASHINGTON BUREAU. >> Reporter: ANDREW, U.S.
[00:07:08] >> Reporter: ANDREW, U.S. PRESIDENT DONALD TRUMP IS PRESIDENT DONALD TRUMP IS HEADING TO DALLAS FOR A SPECIAL
[00:07:11] HEADING TO DALLAS FOR A SPECIAL REPUBLICAN NATIONAL CONVENTION REPUBLICAN NATIONAL CONVENTION WITH A CLEAR PURPOSE. WITH A CLEAR PURPOSE. GALVANIZE THE BASE AHEAD OF
[00:07:15] GALVANIZE THE BASE AHEAD OF THESE MID TERMS. THESE MID TERMS. YOU KNOW, THESE TYPES OF
[00:07:19] YOU KNOW, THESE TYPES OF PRIMETIME EVENTS ARE USUALLY PRIMETIME EVENTS ARE USUALLY HELD AHEAD OF PRESIDENTIAL
[00:07:23] HELD AHEAD OF PRESIDENTIAL ELECTIONS, THIS ONE BEING HELD
[00:07:26] ELECTIONS, THIS ONE BEING HELD JUST UNDER TWO MONTHS AHEAD OF
[00:07:29] JUST UNDER TWO MONTHS AHEAD OF THE MID TERM VOTE THAT'S
[00:07:32] THE MID TERM VOTE THAT'S PUTTING REPUBLICANS' NARROW PUTTING REPUBLICANS' NARROW CONTROL OF THE HOUSE AND SENATE
[00:07:36] CONTROL OF THE HOUSE AND SENATE ON THE LINE. ON THE LINE. THIS IS TO MOTIVATE SUPPORTERS
[00:07:40] THIS IS TO MOTIVATE SUPPORTERS INCLUDING MAGA TO SHOW UP AND INCLUDING MAGA TO SHOW UP AND VOTE IN NOVEMBER AND IN THE
[00:07:43] VOTE IN NOVEMBER AND IN THE FACE OF SOME TOUGH ISSUES FOR FACE OF SOME TOUGH ISSUES FOR DONALD TRUMP AND THE PARTY.
[00:07:46] DONALD TRUMP AND THE PARTY. MANY VOTERS SAYING THAT THEY'RE MANY VOTERS SAYING THAT THEY'RE FRUSTRATED, WHEN THEY GO TO THE
[00:07:50] FRUSTRATED, WHEN THEY GO TO THE GAS PUMP AND SEE THOSE COSTS GAS PUMP AND SEE THOSE COSTS DUE TO THE WAR IN IRAN AND IT'S
[00:07:53] DUE TO THE WAR IN IRAN AND IT'S HANGING OVER REPUBLICANS ON THE HANGING OVER REPUBLICANS ON THE CAMPAIGN TRAIL. CAMPAIGN TRAIL. AND YOU CAN SEE IT ALSO
[00:07:57] AND YOU CAN SEE IT ALSO DRAGGING DOWN TRUMP'S NUMBERS, DRAGGING DOWN TRUMP'S NUMBERS, AS WELL. AS WELL. ON HIS WAY TO ITS PLANE TO GET
[00:08:01] ON HIS WAY TO ITS PLANE TO GET TO -- HIS PLANE TO GET TO HIS TO -- HIS PLANE TO GET TO HIS CONVENTION THIS AFTERNOON HE
[00:08:05] CONVENTION THIS AFTERNOON HE STOPPED TO TAKE SOME QUESTIONS, STOPPED TO TAKE SOME QUESTIONS, NO QUESTIONS ABOUT CANADA AND
[00:08:08] NO QUESTIONS ABOUT CANADA AND THESE NEW IMPORT BANS AND THE
[00:08:11] THESE NEW IMPORT BANS AND THE PRESIDENT DIDN'T TEE OFF ON PRESIDENT DIDN'T TEE OFF ON CANADA AS HE DOES SOMETIME, AS
[00:08:15] CANADA AS HE DOES SOMETIME, AS WELL. WELL. HE WAS ASKED ABOUT GAS PRICES,
[00:08:17] HE WAS ASKED ABOUT GAS PRICES, SHOWING THAT IT'S FOLLOWING HIM
[00:08:22] SHOWING THAT IT'S FOLLOWING HIM INTO THIS CONVENTION, MAKING A
[00:08:25] INTO THIS CONVENTION, MAKING A PROMISE THAT GAS PRICES WOULD
[00:08:28] PROMISE THAT GAS PRICES WOULD COME DOWN ALTHOUGH NOT UNTIL COME DOWN ALTHOUGH NOT UNTIL AFTER THE MID TERMS. AFTER THE MID TERMS. >> President Donald Trump:
[00:08:32] >> President Donald Trump: WELL, I THINK IT'S VERY EASY TO WELL, I THINK IT'S VERY EASY TO EXPLAIN TO AMERICANS.
[00:08:35] EXPLAIN TO AMERICANS. IT'S WILL YOU LET IRAN HAVE A IT'S WILL YOU LET IRAN HAVE A NUCLEAR WEAPON AND THE ANSWER NUCLEAR WEAPON AND THE ANSWER IS NO.
[00:08:39] IS NO. OIL PRICES ARE GOING TO BE OIL PRICES ARE GOING TO BE TUMBLING DOWN, AND I THINK
[00:08:41] TUMBLING DOWN, AND I THINK WE'LL GET THEM FOR GASOLINE
[00:08:45] WE'LL GET THEM FOR GASOLINE BELOW $2 A GALLON. BELOW $2 A GALLON. >> BUT NOT UNTIL AFTER THE MID >> BUT NOT UNTIL AFTER THE MID TERMS.
[00:08:49] TERMS. >> President Donald Trump: I >> President Donald Trump: I THINK IT'S GOING TO TAKE A THINK IT'S GOING TO TAKE A LITTLE LONGER THAN THE MID
[00:08:53] LITTLE LONGER THAN THE MID TERMS. TERMS. >> Reporter: NOW, THE TRADE WAR >> Reporter: NOW, THE TRADE WAR IS ALSO PART OF HIS
[00:08:56] IS ALSO PART OF HIS CONVERSATION. CONVERSATION. THE TARIFFS THAT CAME INTO
[00:08:59] THE TARIFFS THAT CAME INTO EFFECT EARLIER THIS WEEK, EFFECT EARLIER THIS WEEK, STATES THAT RELY ON TRADE
[00:09:02] STATES THAT RELY ON TRADE BETWEEN THE TWO COUNTRIES,
[00:09:05] BETWEEN THE TWO COUNTRIES, OHIO, MICHIGAN, MAINE, THESE OHIO, MICHIGAN, MAINE, THESE ARE HOME TO SOME TIGHT AND
[00:09:09] ARE HOME TO SOME TIGHT AND INTERESTING RACES AHEAD OF INTERESTING RACES AHEAD OF NOVEMBER AND WE'RE SEEING
[00:09:13] NOVEMBER AND WE'RE SEEING REPUBLICANS EITHER STAY AWAY REPUBLICANS EITHER STAY AWAY FROM TALKING TARIFFS OR
[00:09:16] FROM TALKING TARIFFS OR ACTIVELY COMING OUT AND
[00:09:24] ACTIVELY COMING OUT AND DISTANCING THEMSELVES FROM DISTANCING THEMSELVES FROM TRUMP'S EFFORTS.
[00:09:27] TRUMP'S EFFORTS. THE LONG TIME SENATOR FROM
[00:09:30] THE LONG TIME SENATOR FROM MAINE, SUSAN COLLINS, PUT OUT A MAINE, SUSAN COLLINS, PUT OUT A STATEMENT SAYING THAT TARIFFS
[00:09:33] STATEMENT SAYING THAT TARIFFS HURT BUSINESSES IN HER STATE
[00:09:35] HURT BUSINESSES IN HER STATE AND SHE'S CALLING ON THE OVAL
[00:09:38] AND SHE'S CALLING ON THE OVAL OFFICE TO DEESCALATE THE OFFICE TO DEESCALATE THE CONFLICT AND REACH FOR A
[00:09:41] CONFLICT AND REACH FOR A RESOLUTION.
[00:09:45] RESOLUTION. CANADIANS HOPING THAT MORE CANADIANS HOPING THAT MORE OFFICIALS DO LIKE THIS, REACH
[00:09:48] OFFICIALS DO LIKE THIS, REACH OUT TO TRUMP EITHER PUBLICLY OR OUT TO TRUMP EITHER PUBLICLY OR PRIVATELY, PERHAPS SOME
[00:09:52] PRIVATELY, PERHAPS SOME PULL-ASIDES AT THE CONVENTION PULL-ASIDES AT THE CONVENTION THIS WEEK.
[00:09:54] THIS WEEK. DEMOCRATS SEE THIS AS A DEMOCRATS SEE THIS AS A VULNERABILITY FOR AMERICANS.
[00:09:58] VULNERABILITY FOR AMERICANS. THEY POUNCED ON IT AS A TRADE
[00:10:02] THEY POUNCED ON IT AS A TRADE ISSUE, TRYING TO CONNECT ISSUE, TRYING TO CONNECT TRUMP'S TARIFFS TO THE COST OF
[00:10:05] TRUMP'S TARIFFS TO THE COST OF LIVING. LIVING. >> WE HAVE PEOPLE LOSING THEIR >> WE HAVE PEOPLE LOSING THEIR HOMES BECAUSE THEIR JOBS ARE
[00:10:09] HOMES BECAUSE THEIR JOBS ARE GOING AWAY BECAUSE OF TARIFFS GOING AWAY BECAUSE OF TARIFFS AND NOBODY GOING TO THE GROCERY
[00:10:12] AND NOBODY GOING TO THE GROCERY STORE CAN'T NOTICE THAT STORE CAN'T NOTICE THAT EVERYTHING HAS GONE UP IN PRICE
[00:10:14] EVERYTHING HAS GONE UP IN PRICE BECAUSE OF THE TRADE WARS THAT BECAUSE OF THE TRADE WARS THAT DONALD TRUMP HAS INITIATED, SO
[00:10:17] DONALD TRUMP HAS INITIATED, SO IT IS CHALLENGING. IT IS CHALLENGING. BY THE WAY, OUR LARGEST TRADING
[00:10:20] BY THE WAY, OUR LARGEST TRADING PARTNERS IN THE STATE OF
[00:10:21] PARTNERS IN THE STATE OF ILLINOIS ARE CANADA AND MEXICO,
[00:10:28] ILLINOIS ARE CANADA AND MEXICO, AND SO THIS IS HURTING AND SO THIS IS HURTING EVERYONE, WORKING BUSINESSES
[00:10:31] EVERYONE, WORKING BUSINESSES AND FAMILIES ALIKE.
[00:10:34] AND FAMILIES ALIKE. >> Reporter: AHEAD OF THIS >> Reporter: AHEAD OF THIS REPUBLICAN CONVENTION BOTH
[00:10:37] REPUBLICAN CONVENTION BOTH TRUMP AND TREASURY SECRETARY
[00:10:41] TRUMP AND TREASURY SECRETARY BES BES SCOTT BESSENT WHO HAS MADE
[00:10:44] SCOTT BESSENT WHO HAS MADE CANADIAN SWIPES IN THE PAST
[00:10:48] CANADIAN SWIPES IN THE PAST MONTHS, WILL BE MAKING COMMENTS
[00:10:53] MONTHS, WILL BE MAKING COMMENTS THIS WEEK. THIS WEEK. >> Andrew: ANY SENSE OF WHEN
[00:10:55] >> Andrew: ANY SENSE OF WHEN THE TWO SIDES MIGHT GET BACK TO THE TWO SIDES MIGHT GET BACK TO THE TABLE?
[00:10:59] THE TABLE? >> Reporter: YEAH, YOU HEARD >> Reporter: YEAH, YOU HEARD MINISTER CHAMPAGNE THERE NOT
[00:11:02] MINISTER CHAMPAGNE THERE NOT GIVING MANY CLUES. GIVING MANY CLUES. WHILE WE UNDERSTAND THAT U.S.
[00:11:05] WHILE WE UNDERSTAND THAT U.S. TRADE REPRESENTATIVE JAMIESON
[00:11:07] TRADE REPRESENTATIVE JAMIESON GREER AND HIS CANADIAN GREER AND HIS CANADIAN COUNTERPART DOMINIC LeBLANC ARE
[00:11:11] COUNTERPART DOMINIC LeBLANC ARE IN CONTACT THERE'S NO SIGN THAT
[00:11:16] IN CONTACT THERE'S NO SIGN THAT THE
[00:12:14] [ ♪♪ ] KVD>> Linda: THE PRICE OF OIL IS KVD>> Linda: THE PRICE OF OIL IS ONCE AGAIN ON THE RISE.
[00:12:18] ONCE AGAIN ON THE RISE. BRENT CRUDE, THE INTERNATIONAL BRENT CRUDE, THE INTERNATIONAL BENCHMARK, ROSE TO OVER $100
[00:12:22] BENCHMARK, ROSE TO OVER $100 U.S. A BARREL TODAY FOR THE U.S. A BARREL TODAY FOR THE FIRST TIME IN ALMOST SECTION
[00:12:24] FIRST TIME IN ALMOST SECTION WEEKS. WEEKS. SECTION WEEKS FOLLOWING RENEWED
[00:12:28] SECTION WEEKS FOLLOWING RENEWED TIT FOR TAT STRIKES BETWEEN THE TIT FOR TAT STRIKES BETWEEN THE U.S. AND IRAN ON OIL FACILITIES
[00:12:31] U.S. AND IRAN ON OIL FACILITIES AND SHIPS IN AND AROUND THE AND SHIPS IN AND AROUND THE STRAIT OF HORMUZ. STRAIT OF HORMUZ. THE U.S. MILITARY SAYS IT STRUCK
[00:12:35] THE U.S. MILITARY SAYS IT STRUCK FIVE IRANIAN TANKERS AFTER FIVE IRANIAN TANKERS AFTER ATTACKS ON ONE OF ITS WARSHIPS.
[00:12:38] ATTACKS ON ONE OF ITS WARSHIPS. THE CONFLICT NOW IN ITS SEVENTH
[00:12:41] THE CONFLICT NOW IN ITS SEVENTH MONTH IS RAISING FRESH CONCERNS. MONTH IS RAISING FRESH CONCERNS. THE PRIRIRIRIRIRI
[00:14:50] >> Linda: DONALD TRUMP IS BANNING CANADIAN DAIRY AND MOST BANNING CANADIAN DAIRY AND MOST CANADIAN ALCOHOL FROM THE U.S.
[00:14:54] CANADIAN ALCOHOL FROM THE U.S. MARKET, SOME PAPER, ALUMINUM MARKET, SOME PAPER, ALUMINUM PRODUCTS AND FURNITURE WILL BE
[00:14:57] PRODUCTS AND FURNITURE WILL BE PROHIBITED. PROHIBITED. BUT HE ALSO LIFTED THE TARIFFS
[00:15:00] BUT HE ALSO LIFTED THE TARIFFS ON SOME OTHER CANADIAN PRODUCTS
[00:15:02] ON SOME OTHER CANADIAN PRODUCTS INCLUDING CEMENT, AND ROAD SALT. INCLUDING CEMENT, AND ROAD SALT. TRUMP MADE THE MOVES YESTERDAY
[00:15:06] TRUMP MADE THE MOVES YESTERDAY AFTER CANADA LAUNCHED ITS
[00:15:09] AFTER CANADA LAUNCHED ITS RETALIATORY TARIFFS. RETALIATORY TARIFFS. FOR SOME ANALYSIS ON THE TRADE
[00:15:12] FOR SOME ANALYSIS ON THE TRADE WAR ESCALATION WE'RE JOINED BY
[00:15:16] WAR ESCALATION WE'RE JOINED BY CHIEF POLITICAL CORRESPONDENT CHIEF POLITICAL CORRESPONDENT ROSEMARY BARTON IN OTTAWA.
[00:15:19] ROSEMARY BARTON IN OTTAWA. ROSEMARY, YOU KNOW THIS STARTED
[00:15:21] ROSEMARY, YOU KNOW THIS STARTED REALLY WITH TRUMP ASKING FOR
[00:15:24] REALLY WITH TRUMP ASKING FOR CONCESSIONS AND HERE WE ARE NOW
[00:15:26] CONCESSIONS AND HERE WE ARE NOW IT APPEARS IT'S NOT NECESSARILY
[00:15:28] IT APPEARS IT'S NOT NECESSARILY ABOUT CONCESSIONS ANYMORE.
[00:15:30] ABOUT CONCESSIONS ANYMORE. WHAT'S YOUR SENSE OF WHERE WHAT'S YOUR SENSE OF WHERE THINGS STAND RIGHT NOW BETWEEN
[00:15:34] THINGS STAND RIGHT NOW BETWEEN CANADA AND THE UNITED STATES? CANADA AND THE UNITED STATES? ARE WE AT AN IMPASSE HERE?
[00:15:37] ARE WE AT AN IMPASSE HERE? >> Rosemary: YEAH, IT'S NOT A >> Rosemary: YEAH, IT'S NOT A NEGOTIATION AT THIS STAGE,
[00:15:40] NEGOTIATION AT THIS STAGE, RIGHT? RIGHT? WHEN IT SEEMED AS THOUGH THE TWO WHEN IT SEEMED AS THOUGH THE TWO SIDES DID ACTUALLY WANT TO MAKE
[00:15:44] SIDES DID ACTUALLY WANT TO MAKE A DEAL WHICH IS ABOUT TWO WEEKS A DEAL WHICH IS ABOUT TWO WEEKS AGO NOW, AND THERE WAS THAT LAST
[00:15:48] AGO NOW, AND THERE WAS THAT LAST CONVERSATION THAT WE KNOW OF CONVERSATION THAT WE KNOW OF BETWEEN THE PRIME MINISTER AND
[00:15:51] BETWEEN THE PRIME MINISTER AND THE PRESIDENT, THERE WAS SOME THE PRESIDENT, THERE WAS SOME AGREEMENT ON SOME BROAD ISSUES
[00:15:54] AGREEMENT ON SOME BROAD ISSUES THAT WERE IMPORTANT TO CANADA,
[00:15:56] THAT WERE IMPORTANT TO CANADA, NAMELY LOWERING THE TARIFFS ON
[00:15:59] NAMELY LOWERING THE TARIFFS ON THINGS LIKE STEEL AND ALUMINUM THINGS LIKE STEEL AND ALUMINUM AND AUTOS.
[00:16:02] AND AUTOS. WHEN THEY GOT DOWN TO SORT OF WHEN THEY GOT DOWN TO SORT OF THE NITTY-GRITTY AND STARTED
[00:16:05] THE NITTY-GRITTY AND STARTED EXAMINING FURTHER THE TEXT, EXAMINING FURTHER THE TEXT, THAT'S WHEN THE CANADIAN
[00:16:08] THAT'S WHEN THE CANADIAN GOVERNMENT SAID NO, THIS ISN'T GOVERNMENT SAID NO, THIS ISN'T GOING TO WORK FOR US.
[00:16:12] GOING TO WORK FOR US. THAT HAS REALLY BEEN THE END OF THAT HAS REALLY BEEN THE END OF THINGS.
[00:16:16] THINGS. CANADA SIGNALED IT WAS GOING TO CANADA SIGNALED IT WAS GOING TO PUT THESE COUNTER TARIFFS IN PUT THESE COUNTER TARIFFS IN PLACE.
[00:16:20] PLACE. I DON'T THINK IT CAME AS A I DON'T THINK IT CAME AS A SURPRISE TO ANYBODY IN THE
[00:16:23] SURPRISE TO ANYBODY IN THE CANADIAN GOVERNMENT THAT THE CANADIAN GOVERNMENT THAT THE PRESIDENT AND THE ADMINISTRATION
[00:16:26] PRESIDENT AND THE ADMINISTRATION DECIDED TO RESPOND. DECIDED TO RESPOND. THAT IS THE WAY HE OPERATES.
[00:16:30] THAT IS THE WAY HE OPERATES. AND IT'S UNCLEAR AT THIS STAGE AND IT'S UNCLEAR AT THIS STAGE TO ME AND I THINK TO MANY OTHERS
[00:16:33] TO ME AND I THINK TO MANY OTHERS WHAT HAPPENS NEXT. WHAT HAPPENS NEXT. IS THERE ANY POINT IN TRYING TO
[00:16:36] IS THERE ANY POINT IN TRYING TO GET BACK TO THE TABLE TO GET BACK TO THE TABLE TO NEGOTIATE?
[00:16:39] NEGOTIATE? I'M NOT SURE AT THIS STAGE GIVEN
[00:16:41] I'M NOT SURE AT THIS STAGE GIVEN THE DAMAGE THAT HAS BEEN DONE TO
[00:16:44] THE DAMAGE THAT HAS BEEN DONE TO THE RELATIONSHIP AND THE THE RELATIONSHIP AND THE SUGGESTION BY MINISTERS AND THE
[00:16:48] SUGGESTION BY MINISTERS AND THE PRIME MINISTER THAT REGARDLESS PRIME MINISTER THAT REGARDLESS OF WHETHER THEY GET A DEAL,
[00:16:51] OF WHETHER THEY GET A DEAL, THEY'RE NOT SURE THAT THEY'LL BE THEY'RE NOT SURE THAT THEY'LL BE ABLE TO TRUST THAT THE DEAL WILL
[00:16:54] ABLE TO TRUST THAT THE DEAL WILL HOLD AND THAT IT WILL BE -- THE HOLD AND THAT IT WILL BE -- THE UNITED STATES WILL CONTINUE TO
[00:16:57] UNITED STATES WILL CONTINUE TO BE A RELIABLE ECONOMIC PARTNER. BE A RELIABLE ECONOMIC PARTNER. SO I THINK WHAT WE KNOW RIGHT
[00:17:01] SO I THINK WHAT WE KNOW RIGHT NOW IS THAT THERE IS SOME
[00:17:04] NOW IS THAT THERE IS SOME COMMUNICATION BETWEEN DOMINIC COMMUNICATION BETWEEN DOMINIC LeBLANC AND HIS COUNTERPART
[00:17:07] LeBLANC AND HIS COUNTERPART JAMIESON GREER CERTAINLY. JAMIESON GREER CERTAINLY. I DON'T THINK THAT THERE HAS
[00:17:11] I DON'T THINK THAT THERE HAS BEEN AND PERHAPS I'LL BE BEEN AND PERHAPS I'LL BE CORRECTED BUT I DON'T THINK
[00:17:14] CORRECTED BUT I DON'T THINK THERE'S BEEN ANY COMMUNICATION THERE'S BEEN ANY COMMUNICATION BETWEEN THE PRESIDENT AND THE
[00:17:17] BETWEEN THE PRESIDENT AND THE PRIME MINISTER AS OF LATE.
[00:17:18] PRIME MINISTER AS OF LATE. AND AT THIS STAGE, I WOULD ALSO
[00:17:21] AND AT THIS STAGE, I WOULD ALSO SUGGEST PERHAPS NO IMPETUS FOR SUGGEST PERHAPS NO IMPETUS FOR EITHER SIDE TO GET BACK TO THE EITHER SIDE TO GET BACK TO THE TABLE EITHER.
[00:17:25] TABLE EITHER. YOU KNOW, CANADA MADE IT CLEAR YOU KNOW, CANADA MADE IT CLEAR IN ITS STATEMENT YESTERDAY THAT
[00:17:29] IN ITS STATEMENT YESTERDAY THAT IN ORDER TO DO THAT, THE UNITED IN ORDER TO DO THAT, THE UNITED STATES HAS TO BE CONSTRUCTIVE
[00:17:33] STATES HAS TO BE CONSTRUCTIVE AND HAS TO BE WILLING TO RESPECT AND HAS TO BE WILLING TO RESPECT CANADA'S SOVEREIGNTY.
[00:17:36] CANADA'S SOVEREIGNTY. AND WHETHER IT BE THROUGH SOCIAL AND WHETHER IT BE THROUGH SOCIAL MEDIA MEMES OR COMMENTS THAT ARE
[00:17:38] MEDIA MEMES OR COMMENTS THAT ARE MADE BY MEMBERS OF THE MADE BY MEMBERS OF THE ADMINISTRATION, THERE'S NO
[00:17:42] ADMINISTRATION, THERE'S NO EVIDENCE THAT THAT IS THE EVIDENCE THAT THAT IS THE DIRECTION THE TRUMP
[00:17:45] DIRECTION THE TRUMP ADMINISTRATION IS TAKING. ADMINISTRATION IS TAKING. >> Linda: IT CERTAINLY HAS
[00:17:48] >> Linda: IT CERTAINLY HAS BEEN UNPREDICTABLE WHICH MAKES BEEN UNPREDICTABLE WHICH MAKES STRATEGIZING AS YOU KNOW VERY
[00:17:52] STRATEGIZING AS YOU KNOW VERY DIFFICULT. DIFFICULT. THE PRIME MINISTER HOLDING A
[00:17:54] THE PRIME MINISTER HOLDING A CABINET PLANNING FORUM IN BANFF. CABINET PLANNING FORUM IN BANFF. WHAT DO YOU THINK COULD COME OUT
[00:17:57] WHAT DO YOU THINK COULD COME OUT OF THAT IN REGARDS TO THE TRADE OF THAT IN REGARDS TO THE TRADE WAR?
[00:18:00] WAR? >> Rosemary: I THINK THAT'S >> Rosemary: I THINK THAT'S WHERE THE FOCUS GOES NOW.
[00:18:03] WHERE THE FOCUS GOES NOW. THIS HAS BEEN CONSUMING MUCH OF THIS HAS BEEN CONSUMING MUCH OF GOVERNMENT FOR -- THROUGHOUT THE
[00:18:07] GOVERNMENT FOR -- THROUGHOUT THE SUMMER AS THEY WERE TRYING TO SUMMER AS THEY WERE TRYING TO GET SOMEWHERE CLOSER TO A DEAL.
[00:18:11] GET SOMEWHERE CLOSER TO A DEAL. SORT OF THE UPSIDE OF IT ALL
[00:18:13] SORT OF THE UPSIDE OF IT ALL FALLING APART IS THAT THE FALLING APART IS THAT THE GOVERNMENT CAN NOW REALLY HONE
[00:18:16] GOVERNMENT CAN NOW REALLY HONE IN ON THE THINGS THAT IT CAN DO, IN ON THE THINGS THAT IT CAN DO, THE THINGS AS THE PRIME MINISTER
[00:18:20] THE THINGS AS THE PRIME MINISTER SAYS CANADA CAN CONTROL. SAYS CANADA CAN CONTROL. SO THE CABINET RETREAT WILL BE
[00:18:23] SO THE CABINET RETREAT WILL BE ABOUT THAT, RIGHT? ABOUT THAT, RIGHT? IT WILL BE ABOUT MOVES THAT THE
[00:18:27] IT WILL BE ABOUT MOVES THAT THE GOVERNMENT IS MAKING TO TRY TO
[00:18:29] GOVERNMENT IS MAKING TO TRY TO GROW THE CANADIAN ECONOMY, THE
[00:18:31] GROW THE CANADIAN ECONOMY, THE FINANCE MINISTER'S OUT TODAY FINANCE MINISTER'S OUT TODAY SPEAKING ABOUT SUPPORTS FOR
[00:18:35] SPEAKING ABOUT SUPPORTS FOR CANADIAN WORKERS AND BUSINESSES. CANADIAN WORKERS AND BUSINESSES. SO CERTAINLY THERE WILL HAVE TO
[00:18:38] SO CERTAINLY THERE WILL HAVE TO BE MORE OF THAT AS WE SEE BE MORE OF THAT AS WE SEE FURTHER JOB LOSSES AND HITS TO
[00:18:42] FURTHER JOB LOSSES AND HITS TO CERTAIN SECTORS AS THIS
[00:18:45] CERTAIN SECTORS AS THIS CONTINUES. CONTINUES. THIS ALSO FEEDS INTO WHY THE THIS ALSO FEEDS INTO WHY THE PRIME MINISTER HAS THIS
[00:18:49] PRIME MINISTER HAS THIS INVESTMENT SUMMIT NEXT WEEK IN INVESTMENT SUMMIT NEXT WEEK IN TORONTO WHERE THE CANADIAN
[00:18:52] TORONTO WHERE THE CANADIAN GOVERNMENT IS HOPING TO ATTRACT GOVERNMENT IS HOPING TO ATTRACT A TRILLION DOLLARS OF FOREIGN
[00:18:55] A TRILLION DOLLARS OF FOREIGN INVESTMENT INTO THIS COUNTRY TO INVESTMENT INTO THIS COUNTRY TO GET THE ECONOMY GOING.
[00:18:59] GET THE ECONOMY GOING. IT'S WHY THE PRIME MINISTER SAYS IT'S WHY THE PRIME MINISTER SAYS HE'S GOING TO THE EUROPEAN UNION
[00:19:02] HE'S GOING TO THE EUROPEAN UNION NEXT WEEK TO TRY TO SHORE UP NEXT WEEK TO TRY TO SHORE UP THAT TRADE RELATIONSHIP AND
[00:19:06] THAT TRADE RELATIONSHIP AND DEVELOP IT FURTHER INTO A DEVELOP IT FURTHER INTO A SECURITY RELATIONSHIP. SECURITY RELATIONSHIP. SO THOSE ARE ALL THINGS THE
[00:19:10] SO THOSE ARE ALL THINGS THE GOVERNMENT CAN DO. GOVERNMENT CAN DO. I THINK WHERE WE SHOULD APPLY
[00:19:13] I THINK WHERE WE SHOULD APPLY SOME SKEPTICISM IN THE SOME SKEPTICISM IN THE GOVERNMENT'S AGENDA IS WHAT IS
[00:19:17] GOVERNMENT'S AGENDA IS WHAT IS IT ACTUALLY DELIVERING ON RIGHT IT ACTUALLY DELIVERING ON RIGHT NOW? NOW? AND HOW LONG DOES IT TAKE SOME
[00:19:21] AND HOW LONG DOES IT TAKE SOME OF THOSE THINGS TO START OF THOSE THINGS TO START RESONATING IN OUR LIVES?
[00:19:23] RESONATING IN OUR LIVES? AND THAT'S WHERE THERE'S AND THAT'S WHERE THERE'S PROBABLY SOME POLITICAL RISK FOR
[00:19:27] PROBABLY SOME POLITICAL RISK FOR THE CARNEY GOVERNMENT, RIGHT? THE CARNEY GOVERNMENT, RIGHT? BUT THE PATIENCE OF CANADIAN,
[00:19:31] BUT THE PATIENCE OF CANADIAN, THEY HAVE A HUGE AMOUNT OF
[00:19:33] THEY HAVE A HUGE AMOUNT OF SUPPORT FROM MOST CANADIANS, AND
[00:19:36] SUPPORT FROM MOST CANADIANS, AND IN PUBLIC OPINION POLLS, NOT IN PUBLIC OPINION POLLS, NOT ONLY FOR THE WAY THEY'RE
[00:19:39] ONLY FOR THE WAY THEY'RE HANDLING THINGS, BUT FROM THE HANDLING THINGS, BUT FROM THE DECISION TO LEAVE THE DECISION TO LEAVE THE CONVERSATION.
[00:19:43] CONVERSATION. THERE'S NO SIGN THAT THAT THERE'S NO SIGN THAT THAT SUPPORT IS GOING TO SLIP, BUT I
[00:19:46] SUPPORT IS GOING TO SLIP, BUT I DO WONDER OVER TIME IF PEOPLE
[00:19:48] DO WONDER OVER TIME IF PEOPLE START FEELING IN A REAL WAY THE
[00:19:50] START FEELING IN A REAL WAY THE ECONOMIC IMPACT OF THIS TRADE
[00:19:53] ECONOMIC IMPACT OF THIS TRADE WAR AND THEY START ASKING MORE WAR AND THEY START ASKING MORE QUESTIONS OF THE GOVERNMENT IN
[00:19:56] QUESTIONS OF THE GOVERNMENT IN TERMS OF WHAT THEY'RE GOING TO TERMS OF WHAT THEY'RE GOING TO DO, WHETHER THAT COULD CHANGE. DO, WHETHER THAT COULD CHANGE. >> Linda:
[00:20:02] For a closer look at this latest in the trade war,
[00:20:04] we have reached Jattan da Silva and Calgary. She was Alberto
[00:20:07] senior representative to the US during the first Trump
[00:20:10] administration. She also served as the province's deputy
[00:20:13] minister for international and intergovernmental relations in
[00:20:16] Japan. Gotta see you. Thank you very much.
[00:20:19] Thanks for having me on the show. What do you make of this
[00:20:22] latest round of tariffs and the series of exchanging measures?
[00:20:26] Well, things definitely are heating
[00:20:28] up and seem to be escalating quickly. I think it's no real
[00:20:32] surprise given that President Trump tends to be more forceful
[00:20:35] on these things and really does like to be the centre of
[00:20:38] attention. So I think we do have to brace ourselves for
[00:20:42] continued escalation, at least on the United States
[00:20:44] side. The US Trade Representative, Jameson Greer,
[00:20:47] says it's, quote, unhinged for Canadian leaders
[00:20:50] to characterize the administration's tariffs
[00:20:53] as a trade war against Canada. What do you what do you make of
[00:20:57] that?
[00:20:59] I think that the Prime Minister is right that when you have
[00:21:02] been snacked, we have essentially been an
[00:21:04] economic war with the United States almost since President
[00:21:07] Trump returned to office a year and a half ago. And so I think
[00:21:10] this is an effort on the US side as we see that the tariffs
[00:21:13] are starting to bite. We know that tariffs are attacks on
[00:21:16] consumers. And so in the lead up to this US midterm elections,
[00:21:19] they're trying to change the narrative and try to pin the
[00:21:22] blame of this situation on Canada when we know full well
[00:21:25] that the president loves tariffs. He says it's a
[00:21:27] beautiful word. He's deeply committed to it, and we've known all along
[00:21:31] that this would, in fact, raise prices and that those
[00:21:34] impacts would be felt by the average American and average
[00:21:37] Canadian. Yeah. I mean, he kind of makes it sound as
[00:21:41] though this is just, it's a tariff dispute. It's a
[00:21:44] trade dispute. I mean, it's just that. But it's not.
[00:21:47] It's not just that it's so much more. It's like political
[00:21:51] attacks on the country's existence. It's all these memes,
[00:21:54] all these maps of Canada with the Stars and Stripes over.
[00:21:58] It's threats of annexation. I mean, it's just frankly,
[00:22:01] isn't it nonsense to say that this is just a trade dispute?
[00:22:06] I think it's gone far beyond that. Yes, we are fighting over trade for sure,
[00:22:10] 100%. And that's something that we would like to see that
[00:22:12] resolved. But I think the American cabinet and the
[00:22:15] president are very surprised that Canada said no and walked
[00:22:17] away. But it shouldn't be a surprise because you've done
[00:22:20] this before. When we were first negotiating our first free
[00:22:23] trade agreement with the United States,
[00:22:24] we also walked away because we wanted to dispute resolution
[00:22:27] mechanism and the Americans did not. So Canada has held firm in
[00:22:30] our history of trade with the United States and we're going
[00:22:33] to continue to do so. Now,
[00:22:35] this is effectively retaliation for the terrorists put in place
[00:22:39] yesterday just after midnight. What strategies do you believe
[00:22:42] the Canadian government is contemplating,
[00:22:45] because so far there haven't been new measures by the
[00:22:48] Canadian side to these new measures by the American side.
[00:22:52] What what do you think is going to happen next?
[00:22:56] I think that behind the scenes, Canadians are leaning very hard
[00:23:00] on US elected officials and other Americans and people in
[00:23:03] places of influence. You know, our best hope at this point to
[00:23:07] deescalate the situation is to get Americans to carry our
[00:23:10] message to the White House and somehow convince the president
[00:23:14] that he's had enough of a win on this issue and encouraged
[00:23:17] him to get back to the table to reach some type of agreement
[00:23:20] with Canada or at least stop the escalation. I think barring
[00:23:24] that, it can be very tricky, you know, really only when
[00:23:27] the tariff issue really starts to become a mainstream
[00:23:30] political issue in the US midterms. If the Republicans
[00:23:33] are really concerned about losing seats as a result of
[00:23:36] tariffs and affordability, that's really,
[00:23:39] I think our best hope at this point to calm the waters a bit
[00:23:42] and get back to some kind of respectful negotiations. I,
[00:23:45] I feel like I, I sometimes ask the same
[00:23:48] questions on two different days to two different guests,
[00:23:51] just like you. But I know that you were around for the Trump's
[00:23:54] first round. Now he's in office for the second time,
[00:23:57] and I'm just not sure
[00:23:59] whether he cares that much about the midterms in terms of
[00:24:03] tariffs being one of his favorite words and being
[00:24:06] something that he seems to be completely committed to. So do
[00:24:11] you believe that the pressure really could,
[00:24:14] that he could actually feel the pressure and actually back down?
[00:24:20] The president is deeply concerned about his legacy. He
[00:24:23] wants to be known as the president who hasn't done
[00:24:26] something that other presidents have done. This is in part his
[00:24:29] obsession with expanding US territory. You know,
[00:24:32] these are references to 51st state,
[00:24:33] to annexing Greenland or Cuba or Venezuela. And so he does
[00:24:36] care very much about how he is seen. And so I think that if
[00:24:40] this is an issue that continues to damage his reputation and
[00:24:43] his personal reputation, yes, he'll remain committed to
[00:24:46] tariffs. But there's always a way to repaint the story,
[00:24:48] to redraw the narrative, to make it look as though he has won in some way,
[00:24:52] and then shift the focus to something else. Dominic LeBlanc
[00:24:56] has said that he and the US trade representative,
[00:24:59] Jamison Greer, are talking. What do you think
[00:25:01] it would take to get these two sides back to the negotiating
[00:25:05] table? Well, I suspect a lot of negotiating
[00:25:08] is happening behind the scenes. There was a lot of intense
[00:25:11] public pressure when our team was in Washington the last go
[00:25:14] round. And so I think this time, you know,
[00:25:16] we're trying to see what work can be done behind the scenes
[00:25:19] to move the goal post. It is going to be tricky, however,
[00:25:22] as the US has made very clear that they are looking for
[00:25:24] tariff free access to Canada. They are not going to give us
[00:25:27] tariff free access in return. They've also made clear that
[00:25:30] they're looking to move Canadian manufacturing to the
[00:25:33] United States. And so Canada is going to have to be very clear
[00:25:36] on what our red lines are, those issues that we cannot concede on,
[00:25:39] those issues that are critically important to our own
[00:25:42] national interests and stick to those because,
[00:25:45] as we said all along, no deal is better than a bad
[00:25:48] deal. Chetan, thank you. That is Chitanda
[00:25:50] Silva in Calgary. She is a former Alberta senior
[00:25:53] representative to the US and former Alberta deputy minister
[00:25:56] for international and intergovernmental relations. Thank you.
[00:26:05] How can any of this be fair? You might think hey we just
[00:26:09] need more doctors, but that's not really it.
[00:26:12] Russian scheme here shows you where it starts,
[00:26:24] there it is.
[00:26:26] Stream anytime. CBC News.
[00:28:32] A few months ago, we learned that Canada's most
[00:28:34] prolific ****** had been praying on more than 600 women
[00:28:37] and girls right here in Greater Victoria. What we didn't know,
[00:28:40] and what I've spent the last few months digging into,
[00:28:43] is the devastating way Yang Yang Derek Chang's crimes have
[00:28:46] changed his victims lives. Many of the victims are struggling
[00:28:49] to move forward in the traumatic aftermath of these
[00:28:52] crimes and feeling hunted. When police wouldn't answer my
[00:28:55] questions, I spent months scouring court
[00:28:58] records and talking to victims. Here's what we found out. Chan
[00:29:01] secretly recorded explicit videos of women and children for six
[00:29:05] years throughout communities on southern Vancouver Island,
[00:29:08] filming through the windows of their homes,
[00:29:11] at beaches and in popular stores including Value Village,
[00:29:14] Walmart and local malls. By the time Chan was arrested,
[00:29:18] the ****** was recording more than a video a day and
[00:29:21] uploading many online channels. Now in jail serving a 4 1/2
[00:29:24] year sentence, but only a fraction of the
[00:29:27] victims have been identified. Here's what 1 I spoke to said.
[00:29:30] Him being so close to me
[00:29:32] was like the most icky feeling. How did I let someone get so
[00:29:35] close to me without noticing? The identities of victims are
[00:29:38] protected under publication ban. Learning about this crime has
[00:29:42] shattered many victims sense of safety in public spaces,
[00:29:45] they said. In court, some women said they can't hold
[00:29:47] down a job, struggle with their mental
[00:29:49] health and have changed the type of clothes they wear. The
[00:29:52] woman said chance crimes have impacted relationships,
[00:29:55] eroded their ability to trust others and left them feeling
[00:29:58] powerless. They fear that the videos and images are still
[00:30:01] online, which some are. I also learned that while Chan was on bail,
[00:30:05] the Spanish police watched Chan enter several local businesses
[00:30:09] with a cell phone in hand, including Value Village,
[00:30:12] where police knew Chan had already victimized more than
[00:30:15] 400 women and girls. This was a breach of Chang's bail
[00:30:18] conditions and raises questions about why police didn't
[00:30:21] intervene. Saanich police declined to answer my questions,
[00:30:24] only providing a statement. Our approach was guided by a trauma
[00:30:28] informed commitment to minimizing further harm while
[00:30:30] supporting victims through the criminal justice process.
[00:30:34] Advocates working with victims are pushing for more
[00:30:37] transparency. I wish that Saanich police had been more
[00:30:40] timely in communicating the widespread nature,
[00:30:43] the degree of the crime in this situation. One victim has a
[00:30:47] message to others impacted by this. It doesn't devalue who
[00:30:50] you are. You didn't do anything wrong to put yourself in the
[00:30:54] situation and none of it was your fault. There's a lot of
[00:30:58] questions still unanswered, especially when it comes to the
[00:31:01] police investigation.
[00:31:03] That's something I'm continuing to look into for the CBC,
[00:31:07] which you can find online. Emily Fagan, CBC News, Vic.
[00:31:13] This company and this man
[00:31:17] and an AI slot empire.
[00:31:20] We've been digging into stories like this for a while now but
[00:31:23] the scale of this one really surprised us a normal looking
[00:31:26] company hiding its connections to accounts with 10s of
[00:31:29] millions of followers, hundreds of pages and websites
[00:31:32] leading Facebook feeds around the world. But it's quite
[00:31:35] staggering this so of what's being done here we dive into
[00:31:38] this bizarre network and track the digital clues to this
[00:31:41] office and the company's CEO. Hello, is this
[00:31:45] revealing the big business of the AI slot economy?
[00:31:52] OK, so it starts with this report
[00:31:54] which exposes hundreds of Facebook pages flooding feeds
[00:31:57] around the world with AI generated content. And what we
[00:32:00] found was pretty shocking. I mean,
[00:32:02] just a massive volume of activity producing content that
[00:32:05] we really describe as agnostic to the truth. Millions of
[00:32:08] Canadians have likely seen this content. Now,
[00:32:11] not all these pages are spreading misinformation. Some
[00:32:14] are clickbait, like this one about the Air
[00:32:16] Canada crash and La Guardia airport in March. But some
[00:32:19] posts are just outright false, like this one claiming a US
[00:32:22] city was destroyed. There's also these posts stocking anti
[00:32:26] Muslim sentiment. The fact that you're seeing AI generated
[00:32:29] content that's targeting kind of religious division or
[00:32:32] political division is kind of an old playbook in Internet
[00:32:35] culture and they want to click it and figure out what's
[00:32:38] happening. And clearly misleading. Yeah. Oh,
[00:32:40] totally deceptive. That's the thing. These Facebook posts
[00:32:43] always have a website link to click. They lead you to low
[00:32:46] quality websites full of ads for everything from foot fungus
[00:32:49] medications to Canadian tourism and some
[00:32:52] big companies too. So they get paid to, you know,
[00:32:54] put up the content on the social media platform of
[00:32:57] whatever choice. And then they get paid ad revenue on the
[00:32:59] websites from where the social media content, you know,
[00:33:02] you click on it and it takes you there. It's very lucrative.
[00:33:05] So who's actually behind this and how are they allowed to get
[00:33:08] away with it?
[00:33:12] We team up with Radio Canada's decryptor. They took steps to
[00:33:16] obscure kind of ownership and who ran these sites. That's
[00:33:20] what's interesting is when people are trying to hide on
[00:33:24] the Internet, almost inevitably they'll make
[00:33:26] a small mistake. We start by looking at the websites
[00:33:32] lots of ads. There's the e-mail Colax 9843. Using that Colax
[00:33:36] e-mail, we find more fake news sites,
[00:33:38] including a site called FG Media. We find this photo,
[00:33:42] reverse image, this picture, and it takes us to a TikTok
[00:33:45] account. And you can see in that TikTok account basically
[00:33:48] the same sign, right? Yeah. I think that's the key
[00:33:51] here as well. So these sites are somehow connected to a
[00:33:54] Vietnamese company called HGTV Network. It calls itself an
[00:33:58] international media company that connects the world with
[00:34:01] authoritative journalism. It's different from this other HTV,
[00:34:04] a big Vietnamese broadcasting company. Something about this
[00:34:07] feels off. So we dig deeper. We use domain tools to figure out
[00:34:11] who registered some of these new sites. Take this one
[00:34:14] called Long BN Truck, a company for truck sales. But
[00:34:17] behind this company home page hides A slop news site almost
[00:34:21] identical to the ones we've seen before. Data shows the
[00:34:25] site is registered to new Anton based in Vietnam. He's a CEO
[00:34:29] his company HDB Network. So yet another link between the sites
[00:34:33] and HDTV. In fact, this is no here right in the
[00:34:36] centre of this photo we find. And if we weren't certain
[00:34:39] enough about the connection between HIV and these accounts,
[00:34:43] we find this a picture posted
[00:34:45] when HDTV employee. So it's it's kind of blurry,
[00:34:48] but what you can see is that he's logged into the creator
[00:34:51] controls of this Facebook page, which is called I Love Rugby.
[00:34:54] Kelsey, you have an employee of this
[00:34:57] company that is actively running a page that is sending
[00:35:00] links to the websites that we identified as belonging to this
[00:35:03] company. Vietnamese corporate records show the company got $7
[00:35:07] billion or about 370, 000 Canadian dollars as seed
[00:35:10] money, which it feels like a lot of
[00:35:12] money, a lot of money for, for Vietnam. Yeah. And the
[00:35:15] company puts out
[00:35:16] that's looking for people to run these sites paying more
[00:35:19] than double the average salary. In Vietnam,
[00:35:22] your job is to cover English and Spanish. New sites follow
[00:35:26] trends on Facebook manage pages. When I look at this,
[00:35:29] I see a bleak future for how social media platforms imagine
[00:35:33] the future of content creation. These employees are managing
[00:35:37] what we uncover to be a massive list of Facebook pages and
[00:35:40] sites. We found hundreds of Facebook pages,
[00:35:43] domains linked to this, all going back to Vietnam,
[00:35:47] staggering the scope of what's being done here. It's quite
[00:35:50] remarkable that you're able to capture the 100 pages at this
[00:35:53] scale of follower and number of accounts. This is likely a well
[00:35:57] performing business. HDTV Network appears to be growing.
[00:36:00] We see employees talking about team building trips and
[00:36:03] celebrations like this huge year end party. What I find
[00:36:06] such a contradiction is that what seems like a great job
[00:36:09] could be doing something which ultimately has so little,
[00:36:13] yields so little productivity, so little contribution. At this
[00:36:16] point, we're asking ourselves,
[00:36:18] what if all of this is just appearances?
[00:36:21] So we want to see it for ourselves. HTPC's website says
[00:36:24] they have an office in Hanoi. It's on Google Maps. So we go.
[00:36:28] We can see the sign at the doors. You can see people on
[00:36:32] computers at their desks. It's a real place. We call the CEO.
[00:36:36] No, Antan. Hello. Hello. Is this Antan?
[00:36:40] What is this? No, Anton,
[00:36:43] who are you? Who are you? My my name is Eric. I'm calling
[00:36:46] from Canada.
[00:36:48] What we share our findings over text. He tells us he doesn't
[00:36:52] have pages and websites and the pages we share aren't related
[00:36:56] to HPV and that his phone number has maybe been stolen,
[00:37:00] but that same number is on the HDTV website. The next day,
[00:37:03] his Facebook profile is locked down and the ATV network
[00:37:07] website is offline, but the Facebook accounts and
[00:37:10] websites the company controls, they're still up. Why is
[00:37:14] Facebook allowing the stuff to exist still on the platform?
[00:37:18] A lot of social media platforms
[00:37:20] have been struggling with this sort of issue. The incentive is
[00:37:24] to keep as much inventory on these platforms as possible and
[00:37:27] provide more opportunities for ads to be placed against this
[00:37:31] inventory. Facebook needs this content. Facebook needs content.
[00:37:35] The quality of the content comes secondary into the
[00:37:38] quantity of the content. The way this gets resolved is that
[00:37:42] there is some cost to Meta for enabling this sort of scam. A
[00:37:46] real, concrete cost. They get money,
[00:37:48] they get engagement on their platform,
[00:37:50] and everyone wins except for Canadians,
[00:37:53] Canadian businesses and Canadian democracy. If you see
[00:37:56] anything you want us to investigate, e-mail us at bi@cbc.ca.
[00:40:12] THAT IS THE CBC'S CATHERINE TUNNEY LIVE IN WASHINGTON. TUNNEY LIVE IN WASHINGTON. TO UNDERSTAND HOW ALL THE
[00:40:16] TO UNDERSTAND HOW ALL THE RECENT MOVES AND COUNTER RECENT MOVES AND COUNTER MOVES IN THE TRADE WAR COULD MOVES IN THE TRADE WAR COULD IMPACT COMPANY'S BROADER
[00:40:20] IMPACT COMPANY'S BROADER ECONOMY, I'M JOINED BY CBC ECONOMY, I'M JOINED BY CBC SENIOR BUSINESS SENIOR BUSINESS CORRESPONDENT PETER
[00:40:24] CORRESPONDENT PETER ARMSTRONG. ARMSTRONG. HE'S IN TORONTO. HE'S IN TORONTO. SO PETER, WHAT ARE YOU
[00:40:28] SO PETER, WHAT ARE YOU EXPECTING TO SEE IN TERMS OF EXPECTING TO SEE IN TERMS OF IMPACT OF THESE LATEST
[00:40:30] IMPACT OF THESE LATEST TARIFFS? TARIFFS? >> I DON'T THINK I'M GOING
[00:40:33] >> I DON'T THINK I'M GOING TO BREAK ANY NEWS HERE BY TO BREAK ANY NEWS HERE BY SAYING IT'S NOT GOING TO BE SAYING IT'S NOT GOING TO BE GOOD.
[00:40:37] GOOD. THIS WILL DEEPEN THE THIS WILL DEEPEN THE UNCERTAINTY. UNCERTAINTY. WHERE THESE TARIFFS HIT WILL
[00:40:41] WHERE THESE TARIFFS HIT WILL HIT PARTICULARLY HARD, MUCH HIT PARTICULARLY HARD, MUCH LIKE THE FIRST AND VARIOUS LIKE THE FIRST AND VARIOUS ROUNDS OF TARIFFS WE HAVE
[00:40:45] ROUNDS OF TARIFFS WE HAVE HAD SO FAR. HAD SO FAR. THEY DON'T APPLY UNIFORMLY
[00:40:47] THEY DON'T APPLY UNIFORMLY AND ARE NOT FELT EQUALLY AND ARE NOT FELT EQUALLY ACROSS THE COUNTRY.
[00:40:51] ACROSS THE COUNTRY. WHERE THEY HIT, THEY HIT WHERE THEY HIT, THEY HIT PARTICULARLY HARD. PARTICULARLY HARD. YOU NEED ONLY SPEAK TO
[00:40:55] YOU NEED ONLY SPEAK TO SOMEONE IN SAULT STE. MARIE, SOMEONE IN SAULT STE. MARIE, WINDSOR ONTARIO, B.C. AND
[00:40:58] WINDSOR ONTARIO, B.C. AND PARTS OF QUEBEC THAT ARE PARTS OF QUEBEC THAT ARE REALLY STRUGGLING UNDER THE
[00:41:00] REALLY STRUGGLING UNDER THE WEIGHT OF THESE TARIFFS. WEIGHT OF THESE TARIFFS. THIS NEW ROUND, WHERE THEY
[00:41:03] THIS NEW ROUND, WHERE THEY HIT, WILL HIT EQUALLY HARD.
[00:41:06] HIT, WILL HIT EQUALLY HARD. AND THERE IS -- YOU TAKE AND THERE IS -- YOU TAKE EVERYTHING WE'VE JUST HEARD
[00:41:10] EVERYTHING WE'VE JUST HEARD OUT OF OTTAWA AND WASH OUT OF OTTAWA AND WASH WASHINGTON, AND THERE IS A
[00:41:13] WASHINGTON, AND THERE IS A SENSE THAT THERE WAS A REAL SENSE THAT THERE WAS A REAL WORRY YESTERDAY AFTERNOON.
[00:41:16] WORRY YESTERDAY AFTERNOON. I MIGHT HAVE EXPRESSED TO I MIGHT HAVE EXPRESSED TO YOU THAT U.S. RESPONSE COULD
[00:41:19] YOU THAT U.S. RESPONSE COULD HAVE REALLY BEEN A HAMMER HAVE REALLY BEEN A HAMMER BLOW AND COULD HAVE REALLY
[00:41:23] BLOW AND COULD HAVE REALLY ESCALATED THE SITUATION,
[00:41:27] ESCALATED THE SITUATION, TENSION, TRADE WAR AND WE
[00:41:28] TENSION, TRADE WAR AND WE TALKED WE'RE IN THAT
[00:41:31] TALKED WE'RE IN THAT ESCALATORY CYCLE, A SPIRAL ESCALATORY CYCLE, A SPIRAL THAT'S HARD TO GET OUT OF.
[00:41:35] THAT'S HARD TO GET OUT OF. THE MORE WE GO THROUGH THESE THE MORE WE GO THROUGH THESE NUMBERS, AND THERE'S A LOT
[00:41:38] NUMBERS, AND THERE'S A LOT OF THEM -- THE MORE WE LOOK OF THEM -- THE MORE WE LOOK THROUGH THEM, THE LESS OF A
[00:41:41] THROUGH THEM, THE LESS OF A HAMMER BLOW THIS PROVES TO HAMMER BLOW THIS PROVES TO BE TO THE CANADIAN ECONOMY.
[00:41:45] BE TO THE CANADIAN ECONOMY. DOES THIS MEAN IT'S GOING TO DOES THIS MEAN IT'S GOING TO HELP? HELP? DOESN'T MEAN THINGS GOING TO
[00:41:48] DOESN'T MEAN THINGS GOING TO GET BETTER. GET BETTER. THERE ARE STILL NEW TARIFFS THERE ARE STILL NEW TARIFFS IN, EXCLUSIONS, AND NEW
[00:41:52] IN, EXCLUSIONS, AND NEW PRODUCTS BANS. PRODUCTS BANS. THEY HAVE EXPANDED FIELD IN THEY HAVE EXPANDED FIELD IN TERMS OF THE FUEL THEY ARE
[00:41:56] TERMS OF THE FUEL THEY ARE USING TO REALLY TRY TO USING TO REALLY TRY TO SQUEEZE CANADA. SQUEEZE CANADA. IT'S NOT AS BAD AS WE
[00:42:00] IT'S NOT AS BAD AS WE INITIALLY THOUGHT, AND IT INITIALLY THOUGHT, AND IT CERTAINLY IS NOT AS BAD AS CERTAINLY IS NOT AS BAD AS WE HAVE FEARED.
[00:42:04] WE HAVE FEARED. THE ECONOMY WILL WEAKEN THE ECONOMY WILL WEAKEN FURTHER. FURTHER. WE KNEW THAT GOING IN.
[00:42:07] WE KNEW THAT GOING IN. WE HAD A PRETTY GOOD SECOND WE HAD A PRETTY GOOD SECOND QUARTER. QUARTER. WE'RE HOPING THAT CAN
[00:42:11] WE'RE HOPING THAT CAN SUSTAIN THROUGH THIRD, AND SUSTAIN THROUGH THIRD, AND WE KNOW THE FOURTH QUARTER WE KNOW THE FOURTH QUARTER WILL HAVE A BIT OF A
[00:42:14] WILL HAVE A BIT OF A DRAWBACK. DRAWBACK. THIS WILL ADD TO THAT. THIS WILL ADD TO THAT. WILL THIS TAKE THIS ALL THE
[00:42:18] WILL THIS TAKE THIS ALL THE WAY TO ZERO AND THE WAY TO ZERO AND THE PRECIPICE OF A RECESSION? PRECIPICE OF A RECESSION? PROBABLY NOT.
[00:42:22] PROBABLY NOT. IN A LOT OF WAYS, THE HIGHER IN A LOT OF WAYS, THE HIGHER PRICE OF OIL AND THUS,
[00:42:25] PRICE OF OIL AND THUS, HIGHER PRICE OF GASOLINE IS HIGHER PRICE OF GASOLINE IS GOING TO HAVE A BIGGER
[00:42:27] GOING TO HAVE A BIGGER IMPACT ON THE CANADIAN ECONOMY THAN THIS PARTICULAR ROUND OF TARIFFS.
[00:42:31] ROUND OF TARIFFS. BUT WHEN YOU THINK ABOUT BUT WHEN YOU THINK ABOUT THIS PARTICULAR ROUND OF THIS PARTICULAR ROUND OF TARIFFS, ANDREW, IT'S THAT
[00:42:35] TARIFFS, ANDREW, IT'S THAT IT'S CUMULATIVE. IT'S CUMULATIVE. IT'S BEEN BUILDING FOR 18
[00:42:39] IT'S BEEN BUILDING FOR 18 MONTHS, AND NOW WE HAVE MONTHS, AND NOW WE HAVE EXPANDED IT TO THESE
[00:42:42] EXPANDED IT TO THESE EXCLUSIONS AND PRODUCT BANS EXCLUSIONS AND PRODUCT BANS AND ADDED NEW TARIFFS.
[00:42:45] AND ADDED NEW TARIFFS. SURE, THEY CLAWED SOME BACK SURE, THEY CLAWED SOME BACK AND THAT'S GREAT. AND THAT'S GREAT. THE SCOPE OF THIS TRADE WAR
[00:42:49] THE SCOPE OF THIS TRADE WAR HAS GROWN. HAS GROWN. TO WHERE THIS WILL HIT WILL TO WHERE THIS WILL HIT WILL HIT PARTICULARLY HARD.
[00:42:53] HIT PARTICULARLY HARD. >> Andrew: IT'S ALSO >> Andrew: IT'S ALSO INTERESTING, PETER. INTERESTING, PETER. I WAS THINKING, A ANOTHER
[00:42:57] I WAS THINKING, A ANOTHER STATISTIC THAT COULD STATISTIC THAT COULD MITIGATE THINGS. MITIGATE THINGS. IN JULY THE EXPORT TO THE
[00:43:00] IN JULY THE EXPORT TO THE U.S. DROPPED TO ABOUT 66%. U.S. DROPPED TO ABOUT 66%. WHETHER THAT'S A TREND, BUT WHETHER THAT'S A TREND, BUT THAT'S A SIGNIFICANT
[00:43:04] THAT'S A SIGNIFICANT DECLINE. DECLINE. IT WAS OFTEN IN THE 70s. IT WAS OFTEN IN THE 70s. IF THAT CONTINUES TO HAPPEN
[00:43:08] IF THAT CONTINUES TO HAPPEN AND WENT UP, I YOU HAD SAY, AND WENT UP, I YOU HAD SAY, FOR OTHER MARKETS.
[00:43:11] FOR OTHER MARKETS. IF THAT CONTINUES TO HAPPEN. IF THAT CONTINUES TO HAPPEN. >> I THINK THAT CORR
[00:43:15] >> I THINK THAT CORR CORRESPONDING PART IS CORRESPONDING PART IS IMPORTANT. IMPORTANT. WE'RE FINDING OTHER MARKETS.
[00:43:18] WE'RE FINDING OTHER MARKETS. WE'RE NEVER GOING TO BE ABLE WE'RE NEVER GOING TO BE ABLE TO REPLACE THE UNITED ST TO REPLACE THE UNITED ST STATES.
[00:43:22] STATES. SOMEBODY REMINDED ME AFTER I SOMEBODY REMINDED ME AFTER I DID A HIT WITH "THE DID A HIT WITH "THE NATIONAL" LAST NIGHT,
[00:43:26] NATIONAL" LAST NIGHT, GOVERNMENT DON'T DO BUSINESS GOVERNMENT DON'T DO BUSINESS WITH GOVERNMENTS. WITH GOVERNMENTS. THE U.S. GOVERNMENT DOESN'T
[00:43:30] THE U.S. GOVERNMENT DOESN'T BUY ANYTHING, VERY LITTLE BUY ANYTHING, VERY LITTLE FROM CANADA. FROM CANADA. IT'S THOUSANDS AND MILLIONS
[00:43:34] IT'S THOUSANDS AND MILLIONS OF SMALL BUSINESSES, BIG AND OF SMALL BUSINESSES, BIG AND SMALL, HUGE BUSYS THAT BUY SMALL, HUGE BUSYS THAT BUY STUFF FROM CANADIAN
[00:43:38] STUFF FROM CANADIAN BUSINESSES, BIG AND SMALL. BUSINESSES, BIG AND SMALL. THOSE RELATIONSHIPS WILL THOSE RELATIONSHIPS WILL PROBABLY SUSTAIN.
[00:43:41] PROBABLY SUSTAIN. BUT, YOU KNOW, WHEN IS THE BUT, YOU KNOW, WHEN IS THE NEXT TIME YOU'RE GOING TO
[00:43:44] NEXT TIME YOU'RE GOING TO SEE A HUGE SURGE IN CANADIAN SEE A HUGE SURGE IN CANADIAN TOURISM TO MAINE, VERMONT,
[00:43:47] TOURISM TO MAINE, VERMONT, OR CALIFORNIA? OR CALIFORNIA? I THINK THAT'S GOING TO TAKE I THINK THAT'S GOING TO TAKE SOME TIME EVEN IF WE GET
[00:43:51] SOME TIME EVEN IF WE GET BACK TO A PLACE WHERE BOOZE BACK TO A PLACE WHERE BOOZE IS ON THE SHELF.
[00:43:55] WILL CANADIANS START TO BUY IT AGAIN? IT AGAIN? I THINK THAT, TOO, IS GOING I THINK THAT, TOO, IS GOING TO TAKE SOME TIME.
[00:43:59] TO TAKE SOME TIME. >> Andrew: I DON'T THINK SO >> Andrew: I DON'T THINK SO PETER, THERE'S LOTS TO PETER, THERE'S LOTS TO DIGEST IN ALL THESE NEW
[00:44:02] DIGEST IN ALL THESE NEW MEASURES. MEASURES. HOW WILL IT AFFECT THE HOW WILL IT AFFECT THE POCKETBOOK OF AVERAGE
[00:44:06] POCKETBOOK OF AVERAGE CANADIAN CONSUMER? CANADIAN CONSUMER? >> Reporter: WE MEASURE THAT >> Reporter: WE MEASURE THAT THIS A HANDFUL WAYS.
[00:44:10] THIS A HANDFUL WAYS. THE MEASURES ANNOUNCED LAST THE MEASURES ANNOUNCED LAST NIGHT PROBABLE AREN'T GOING NIGHT PROBABLE AREN'T GOING TO MOVE NEEDLE MUCH ON
[00:44:14] TO MOVE NEEDLE MUCH ON INFLATION, BUT INFLATION IS INFLATION, BUT INFLATION IS TICKING UP AND THAT'S A TICKING UP AND THAT'S A CONCERN MUCH THERE'S ONE
[00:44:18] CONCERN MUCH THERE'S ONE MORE THING THAT ADDS TO T MORE THING THAT ADDS TO T THAT. THAT. YOU LOOK AT THE REGIONS THAT
[00:44:21] YOU LOOK AT THE REGIONS THAT WILL BE TARGETED. WILL BE TARGETED. A LOT OF THESE TARIFFS SORT A LOT OF THESE TARIFFS SORT OF DOUBLE DOWN ON EXIST O
[00:44:25] OF DOUBLE DOWN ON EXIST O ONES. ONES. SO ON ONE HAND, YOU HAVE A SO ON ONE HAND, YOU HAVE A PRODUCT THAT HAD A 50%
[00:44:28] PRODUCT THAT HAD A 50% TARIFF. TARIFF. THAT'S AN EFFECTIVE BAN.
[00:44:31] THAT'S AN EFFECTIVE BAN. WAS ALREADY BASICALLY BANNED FROM THE U.S. BECAUSE WAS PRICED OUT.
[00:44:34] PRICED OUT. SOME WERE ABLE TO GET SOME WERE ABLE TO GET THROUGH. THROUGH. NOW IT'S BANNED, THAT WILL
[00:44:38] NOW IT'S BANNED, THAT WILL HIT FURTHER. HIT FURTHER. SO YOU'LL SEE THESE REGIONAL SO YOU'LL SEE THESE REGIONAL DISRUPTIONS ECONOMY.
[00:44:41] DISRUPTIONS ECONOMY. THAT WILL LEAD TO JOB LO THAT WILL LEAD TO JOB LO LOSSES.
[00:44:44] LOSSES. THAT WILL LEAD TO SOME THAT WILL LEAD TO SOME BUSINESSES FRANKLY, ANDREW, BUSINESSES FRANKLY, ANDREW, AND WE KNOW THIS.
[00:44:48] AND WE KNOW THIS. IT'S HORRIBLY SAD, BUT SOME IT'S HORRIBLY SAD, BUT SOME BUSINESSES WON'T SURVIVE BUSINESSES WON'T SURVIVE THERE.
[00:44:51] THERE. ARE BUSINESSES THAT ARE ARE BUSINESSES THAT ARE TAILORED AND BUILT AND
[00:44:55] CATERED TO AN AMERICAN AUDIENCE. AUDIENCE. THEY HAVE BEEN CAUGHT UP IN THEY HAVE BEEN CAUGHT UP IN THIS BY NO WORK OF THEIR
[00:44:58] THIS BY NO WORK OF THEIR OWN. OWN. SOME SIMPLY WILL NOT
[00:45:01] SURVIVE. THAT WILL BE CRUSHING FOR THAT WILL BE CRUSHING FOR THEM, BUT ALSO FOR YOUR THEM, BUT ALSO FOR YOUR COMMUNITIES AND THE PEOPLE
[00:45:05] COMMUNITIES AND THE PEOPLE THEY EMPLOY. THEY EMPLOY. REMEMBER, 70% OF PRIVATE REMEMBER, 70% OF PRIVATE SECTOR EMPLOYMENT HAD CANADA
[00:45:09] SECTOR EMPLOYMENT HAD CANADA IS DONE BY SMALL AND MEDIUM IS DONE BY SMALL AND MEDIUM ENTERPRISES. ENTERPRISES. WE'RE TALKING A LOT OF
[00:45:13] WE'RE TALKING A LOT OF THOSE, LIKE 10, 15 PEOPLE. THOSE, LIKE 10, 15 PEOPLE. THAT'S THE LIFE BLOOD OF THE THAT'S THE LIFE BLOOD OF THE ECONOMY.
[00:45:16] ECONOMY. WHEN YOU'RE EATING INTO WHEN YOU'RE EATING INTO THOSE, WHEN WE TALKED ABOUT THOSE, WHEN WE TALKED ABOUT YESTERDAY THE BIG BROAD
[00:45:20] YESTERDAY THE BIG BROAD BEGINS OF TARIFFS. BEGINS OF TARIFFS. WE'RE ALL ON BIG INDUSTRIAL
[00:45:23] WE'RE ALL ON BIG INDUSTRIAL SECTORS THAT HAVE BOARDROOMS SECTORS THAT HAVE BOARDROOMS FULL OF LAWYERS, AND HAVE
[00:45:26] FULL OF LAWYERS, AND HAVE INDUSTRIAL-LEVEL SUPPORT TO INDUSTRIAL-LEVEL SUPPORT TO HELP THEM GET THROUGH A HELP THEM GET THROUGH A TOUGH MOMENT.
[00:45:29] TOUGH MOMENT. SMALL MOM AND POP SHOPS SMALL MOM AND POP SHOPS DON'T HAVE THAT. DON'T HAVE THAT. WHERE HITS, IT HITS WHERE HITS, IT HITS PARTICULARLY HARD.
[00:45:35] New Brunswick businesses are bracing for the impact of
[00:45:38] another round of trade sanctions from the United
[00:45:41] States.
[00:45:42] The series of proclamations made on Tuesday by U.S.
[00:45:46] President Donald Trump calls for 50% tariffs on several
[00:45:49] products like furniture and aluminum,
[00:45:52] but also an outright ban on the import of several Canadian
[00:45:56] products including alcohol, motorcycles, way and molasses,
[00:46:00] to take effect on September 29th. Moosehead Breweries is
[00:46:04] trying to get as much of its product South of the border as
[00:46:09] it can ahead of that date. We are working very hard
[00:46:12] with our importer in the US and our distributor to line up as
[00:46:17] many orders as we can to ship to the US over the next three
[00:46:21] weeks.
[00:46:23] Even though we'll be paying those 50% tariffs and losing
[00:46:27] money in every case, it's vital that we protect our
[00:46:31] shelf space in our
[00:46:34] with our retail partners in the US,
[00:46:37] A small brewery on Campobello Island is taking a different
[00:46:41] approach. We are being told that
[00:46:44] what makes up at least 67.1% of our gross revenue customers
[00:46:48] aren't going to have access to our product anymore. And when
[00:46:52] we live in an island of 800 people that has no connection
[00:46:55] for eight months of the year to our own country,
[00:47:00] I'm
[00:47:02] unsure what we're supposed to do other than try and move our
[00:47:06] brewery to the other side of the bridge. Crosby's Molasses
[00:47:10] has been around for nearly 150 years. In a statement on
[00:47:14] Wednesday, the Saint John company said
[00:47:17] it's still navigating what the ban will mean for its American
[00:47:21] customers. Premier Susan Holtz office said Wednesday that the
[00:47:25] province is working on a response to the ban.
[00:47:30] Last month, Riley Brockton said that enough
[00:47:32] is enough. Ottawa still has a street named after Donald Trump.
[00:47:36] Brockington calls it an honor the US president doesn't
[00:47:39] deserve, and he wants to change the name
[00:47:42] of Trump Ave. He first floated that idea last month.
[00:47:46] I received an overwhelming level of correspondence,
[00:47:49] literally from around the world within the last two weeks,
[00:47:53] obviously heavy within Ottawa. I've heard from people and many
[00:47:56] American states, many countries throughout the
[00:47:59] world. I'm quite surprised how far this is gone. There's a
[00:48:03] long list of reasons why this street should be renamed. Now
[00:48:06] he's moving forward to make it happen with a motion that will
[00:48:10] come up for a vote in two weeks. It asked council to approve
[00:48:13] renaming the street and to launch a public consultation
[00:48:17] process with people who live there,
[00:48:19] asking them to help find a new name. He calls a name offensive.
[00:48:23] In light of everything Trump is doing to harm Canada
[00:48:27] right now, we're past the point of discussion.
[00:48:31] If we were to commemorative and name the street today for this
[00:48:34] individual, he would fail basically every
[00:48:37] criteria. So it's time to honor someone else with the, you know,
[00:48:41] a street of the nations capital. We will go through a process.
[00:48:44] All Trump Ave. residents will be invited to participate in
[00:48:48] that process, and a new name will be put
[00:48:50] forward to council for final approval.
[00:48:54] The street is in the Central Park neighborhood,
[00:48:56] which is full of New York City themed street names. A previous
[00:49:00] effort to rename it failed in 2021 when local residents split
[00:49:04] on the idea, but now it's getting more support.
[00:49:07] I'm supportive of Councillor Brockington's motion. I,
[00:49:11] you know, I, as long as the residents of
[00:49:13] Trump Ave. are consulted and, and they have a say in this
[00:49:17] because it's them that will have the administrative burden
[00:49:21] of changing their driver's licenses and contacting all of
[00:49:24] their all of their contacts.
[00:49:27] I caught up with about 1/2 a dozen city councillors after
[00:49:31] the meeting and most are lining up behind Brockington's motion.
[00:49:35] But not all one sided. The administrative burden for
[00:49:38] people who live on the street, like changing their address on
[00:49:41] every bill.
[00:49:43] I understand the symbolic nature. I understand the message we want to send, you know,
[00:49:47] to the president of the United States. But it is a lot to ask
[00:49:50] for residents when you change a street name.
[00:49:53] If the motion passes, a new name is expected to come
[00:49:56] back to council during the first half of next year. Arthur
[00:49:59] White, Crummy, CBC News, Ottawa.
[00:54:19] between Canadians and Americans,
[00:54:22] and it is a closeness that's being tested now,
[00:56:48] cabinet secretary praising Canada? Imagine that today.
[00:56:53] We've got tariffs, we've got trade threats. We've got, I mean, we've got threats to take over
[00:56:57] the whole country.
[00:56:59] It makes me angry to
[00:57:02] to see our government
[00:57:05] talking about our neighbor
[00:57:07] like they are and acting the way they are because it's not
[01:00:26] >> Louise: MORE NOW ON THE TRADE WAR BETWEEN CANADA AND THE U.S.
[01:00:29] TRADE WAR BETWEEN CANADA AND THE U.S. AS WE TOLD YOU EARLIER THE TRUMP U.S. AS WE TOLD YOU EARLIER THE TRUMP ADMINISTRATION HAS MOVED TO BAN
[01:00:32] AS WE TOLD YOU EARLIER THE TRUMP ADMINISTRATION HAS MOVED TO BAN CERTAIN CANADIAN IMPORTS LIKE ADMINISTRATION HAS MOVED TO BAN CERTAIN CANADIAN IMPORTS LIKE ALCOHOL.
[01:00:36] CERTAIN CANADIAN IMPORTS LIKE ALCOHOL. THE FEDERAL GOVERNMENT IS ALCOHOL. THE FEDERAL GOVERNMENT IS HOLDING BACK ON ANY FURTHER
[01:00:40] THE FEDERAL GOVERNMENT IS HOLDING BACK ON ANY FURTHER ESCALATION BUT SAYS CANADA IS IN HOLDING BACK ON ANY FURTHER ESCALATION BUT SAYS CANADA IS IN A POSITION OF STRENGTH.
[01:00:44] ESCALATION BUT SAYS CANADA IS IN A POSITION OF STRENGTH. KATE McKENNA EXPLAINS. A POSITION OF STRENGTH. KATE McKENNA EXPLAINS. >> WE DON'T WANT TO ESCALATE BUT
[01:00:47] KATE McKENNA EXPLAINS. >> WE DON'T WANT TO ESCALATE BUT WE KNOW HOW TO RESPOND. >> WE DON'T WANT TO ESCALATE BUT WE KNOW HOW TO RESPOND. >> Reporter: CANADA'S FINANCE
[01:00:51] WE KNOW HOW TO RESPOND. >> Reporter: CANADA'S FINANCE MINISTER REACTING TO THE LATEST >> Reporter: CANADA'S FINANCE MINISTER REACTING TO THE LATEST COUNTERPUNCH FROM THE U.S.
[01:00:55] MINISTER REACTING TO THE LATEST COUNTERPUNCH FROM THE U.S. BLOCKING EXPORTS OF CANADIAN COUNTERPUNCH FROM THE U.S. BLOCKING EXPORTS OF CANADIAN ALCOHOL, SOME DAIRY AND
[01:00:59] BLOCKING EXPORTS OF CANADIAN ALCOHOL, SOME DAIRY AND MOTORCYCLES WHILE INCREASING ALCOHOL, SOME DAIRY AND MOTORCYCLES WHILE INCREASING OTHER COUNTER-TARIFFS.
[01:01:03] MOTORCYCLES WHILE INCREASING OTHER COUNTER-TARIFFS. >> WE'RE ENTERING THIS. OTHER COUNTER-TARIFFS. >> WE'RE ENTERING THIS. IN A POSITION OF STRENGTH.
[01:01:06] >> WE'RE ENTERING THIS. IN A POSITION OF STRENGTH. WE HAVE THE FISCAL CAPACITY, WE IN A POSITION OF STRENGTH. WE HAVE THE FISCAL CAPACITY, WE HAVE BEEN DISCIPLINED,.
[01:01:10] WE HAVE THE FISCAL CAPACITY, WE HAVE BEEN DISCIPLINED,. >> Reporter: THE MYSTERY FOR HAVE BEEN DISCIPLINED,. >> Reporter: THE MYSTERY FOR US CANADA TRADE SAYS THE
[01:01:14] >> Reporter: THE MYSTERY FOR US CANADA TRADE SAYS THE GOVERNMENT OF CANADA IS US CANADA TRADE SAYS THE GOVERNMENT OF CANADA IS ASSESSING THE LATEST TARIFF
[01:01:18] GOVERNMENT OF CANADA IS ASSESSING THE LATEST TARIFF MEASURES FROM THE UNITED STATES
[01:01:20] ASSESSING THE LATEST TARIFF MEASURES FROM THE UNITED STATES AND THAT WHEN THE U.S. IS READY MEASURES FROM THE UNITED STATES AND THAT WHEN THE U.S. IS READY TO ENGAGE OUR GOVERNMENT WILL
[01:01:24] AND THAT WHEN THE U.S. IS READY TO ENGAGE OUR GOVERNMENT WILL WORK IN GOOD FAITH AND TO ENGAGE OUR GOVERNMENT WILL WORK IN GOOD FAITH AND CONSTRUCTIVELY TOWARDS A MORE
[01:01:28] WORK IN GOOD FAITH AND CONSTRUCTIVELY TOWARDS A MORE SECURE MUTUALLY BENEFICIAL CONSTRUCTIVELY TOWARDS A MORE SECURE MUTUALLY BENEFICIAL TRADING RELATIONSHIP THAT FULLY
[01:01:32] SECURE MUTUALLY BENEFICIAL TRADING RELATIONSHIP THAT FULLY RESPECTS CANADIAN SOVEREIGNTY. TRADING RELATIONSHIP THAT FULLY RESPECTS CANADIAN SOVEREIGNTY. BUT FOR NOW THERE IS NO OFFER UP
[01:01:36] RESPECTS CANADIAN SOVEREIGNTY. BUT FOR NOW THERE IS NO OFFER UP INSIDE. BUT FOR NOW THERE IS NO OFFER UP INSIDE. >> LET'S TAKE A BREATH, THERE
[01:01:39] INSIDE. >> LET'S TAKE A BREATH, THERE CAN BE A VALUATION, LET'S >> LET'S TAKE A BREATH, THERE CAN BE A VALUATION, LET'S CONSIDER THE POSSIBILITIES.
[01:01:43] CAN BE A VALUATION, LET'S CONSIDER THE POSSIBILITIES. >> Reporter: SO FAR EXPERTS CONSIDER THE POSSIBILITIES. >> Reporter: SO FAR EXPERTS ARE NOT CALLING FOR FURTHER
[01:01:47] >> Reporter: SO FAR EXPERTS ARE NOT CALLING FOR FURTHER CANADIAN ESCALATION. ARE NOT CALLING FOR FURTHER CANADIAN ESCALATION. >> WE'RE GOING TO MONITOR THE
[01:01:51] CANADIAN ESCALATION. >> WE'RE GOING TO MONITOR THE IMPACTS OF OUR TARIFF ON OUR OWN
[01:01:53] >> WE'RE GOING TO MONITOR THE IMPACTS OF OUR TARIFF ON OUR OWN INTERNAL ECONOMY AND MAYBE OUR
[01:01:55] IMPACTS OF OUR TARIFF ON OUR OWN INTERNAL ECONOMY AND MAYBE OUR OWN INTERNAL POLITICS IN THE INTERNAL ECONOMY AND MAYBE OUR OWN INTERNAL POLITICS IN THE CASE OF THE UNITED STATES.
[01:01:59] OWN INTERNAL POLITICS IN THE CASE OF THE UNITED STATES. >> WE ARE HERE TO SUPPORT CASE OF THE UNITED STATES. >> WE ARE HERE TO SUPPORT MANITOBA BUSINESSES AND MANITOBA
[01:02:03] >> WE ARE HERE TO SUPPORT MANITOBA BUSINESSES AND MANITOBA WORKERS. MANITOBA BUSINESSES AND MANITOBA WORKERS. >> Reporter: MANITOBA'S SAYS
[01:02:06] WORKERS. >> Reporter: MANITOBA'S SAYS CANADIANS ARE BETTER ON BUILDING >> Reporter: MANITOBA'S SAYS CANADIANS ARE BETTER ON BUILDING THE CANADIAN POLICY.
[01:02:10] CANADIANS ARE BETTER ON BUILDING THE CANADIAN POLICY. >> WHEN IT COMES TO TRUMP
[01:02:12] THE CANADIAN POLICY. >> WHEN IT COMES TO TRUMP HIMSELF.
[01:02:15] HIMSELF. I THINK PART OF WHAT GIVES HIM HIS POWER IS PEOPLE PAY I THINK PART OF WHAT GIVES HIM HIS POWER IS PEOPLE PAY ATTENTION WHEN HE DOES ALL THESE
[01:02:19] HIS POWER IS PEOPLE PAY ATTENTION WHEN HE DOES ALL THESE DIFFERENT ERRATIC MOVES SO WE'RE ATTENTION WHEN HE DOES ALL THESE DIFFERENT ERRATIC MOVES SO WE'RE AT THE STAGE WHERE YES, DON'T
[01:02:23] DIFFERENT ERRATIC MOVES SO WE'RE AT THE STAGE WHERE YES, DON'T FEED THE BEAST. AT THE STAGE WHERE YES, DON'T FEED THE BEAST. STARVE HIM.
[01:02:26] FEED THE BEAST. STARVE HIM. >> Reporter: QUEBEC'S PREMIER STARVE HIM. >> Reporter: QUEBEC'S PREMIER CURRENTLY IN ELECTION PREMIER IS
[01:02:30] >> Reporter: QUEBEC'S PREMIER CURRENTLY IN ELECTION PREMIER IS VOWING TO DO WHATEVER IT TAKES CURRENTLY IN ELECTION PREMIER IS VOWING TO DO WHATEVER IT TAKES TO PROTECT JOBS.
[01:02:34] VOWING TO DO WHATEVER IT TAKES TO PROTECT JOBS. >> WE DON'T KNOW WHAT'S COMING TO PROTECT JOBS. >> WE DON'T KNOW WHAT'S COMING UP ON THIS TARIFF WAR BUT WE
[01:02:37] >> WE DON'T KNOW WHAT'S COMING UP ON THIS TARIFF WAR BUT WE WILL ADOPT EVERY MEASURE THAT'S UP ON THIS TARIFF WAR BUT WE WILL ADOPT EVERY MEASURE THAT'S REQUIRED IN ORDER TO PROTECT
[01:02:41] WILL ADOPT EVERY MEASURE THAT'S REQUIRED IN ORDER TO PROTECT QUEBEC'S ECONOMY AND JOBS.
[01:02:44] REQUIRED IN ORDER TO PROTECT QUEBEC'S ECONOMY AND JOBS. >> Reporter: SOME SAY THE U.S.
[01:02:46] QUEBEC'S ECONOMY AND JOBS. >> Reporter: SOME SAY THE U.S. EXPORT BAN ON BOOZE, DAIRY AND >> Reporter: SOME SAY THE U.S. EXPORT BAN ON BOOZE, DAIRY AND MOTORCYCLES COULD HURT THOSE
[01:02:51] POWER. ONE OF THE HEADWINDS COULD BE ONE OF THE HEADWINDS COULD BE TRUMP'S ESCALATING TRADE WAR TRUMP'S ESCALATING TRADE WAR WITH CANADA.
[01:02:55] WITH CANADA. THE PRESIDENT HAS BANNED A THE PRESIDENT HAS BANNED A NUMBER OF CANADIAN PRODUCTS FOR
[01:02:58] NUMBER OF CANADIAN PRODUCTS FOR ENTRY INTO THE UNITED STATES AND ENTRY INTO THE UNITED STATES AND SLAPPED TARIFFS ON FOR CANADIAN SLAPPED TARIFFS ON FOR CANADIAN GOODS.
[01:03:01] GOODS. THE CBC'S KATIE SIMPSON JOINS US
[01:03:04] THE CBC'S KATIE SIMPSON JOINS US NOW FROM WASHINGTON. NOW FROM WASHINGTON. KATIE, WHAT IS THE LATEST ON KATIE, WHAT IS THE LATEST ON THAT SIDE OF THE TRADE WAR
[01:03:08] THAT SIDE OF THE TRADE WAR FRONT? FRONT? >> EVERYONE IS WAITING TO SEE IF >> EVERYONE IS WAITING TO SEE IF CANADA DOES GET A MENTION IN
[01:03:12] CANADA DOES GET A MENTION IN DONALD TRUMP'S SPEECH TONIGHT AT DONALD TRUMP'S SPEECH TONIGHT AT THIS MAJOR REPUBLICAN EVENT IN
[01:03:16] THIS MAJOR REPUBLICAN EVENT IN TEXAS. TEXAS. DONALD TRUMP DID SPEAK WITH DONALD TRUMP DID SPEAK WITH REPORTERS EARLIER TODAY, AND HE
[01:03:20] REPORTERS EARLIER TODAY, AND HE WAS NOT ASKED ANY QUESTIONS BY WAS NOT ASKED ANY QUESTIONS BY THE AMERICAN PRESS ABOUT WHAT IS
[01:03:23] THE AMERICAN PRESS ABOUT WHAT IS GOING ON WITH CANADA GIVEN THE GOING ON WITH CANADA GIVEN THE NEW ESCALATION ON THE ONGOING
[01:03:27] NEW ESCALATION ON THE ONGOING TRADE WAR AND WE TRIED TODAY TO TRADE WAR AND WE TRIED TODAY TO CHAT WITH JAMIESON GREER WHO IS
[01:03:29] CHAT WITH JAMIESON GREER WHO IS THE U.S. TRADE REPRESENTATIVE, THE U.S. TRADE REPRESENTATIVE, THE PRESIDENT'S TOP PERSON ON
[01:03:32] THE PRESIDENT'S TOP PERSON ON TRADE AND HE DIDN'T WANT TO STOP TRADE AND HE DIDN'T WANT TO STOP FOR QUESTIONS FOR US TODAY.
[01:03:36] FOR QUESTIONS FOR US TODAY. A LITTLE BIT LATER AFTER A LITTLE BIT LATER AFTER JAMIESON GREER HEADED INTO THE
[01:03:39] JAMIESON GREER HEADED INTO THE OFFICE TO START HIS DAY, A FEW OFFICE TO START HIS DAY, A FEW HOURS LATER, SOMETHING SORT OF
[01:03:42] HOURS LATER, SOMETHING SORT OF UNUSUAL FROM HIS OFFICE CAME OUT UNUSUAL FROM HIS OFFICE CAME OUT AND, THE REASON I DESCRIBE IT AS
[01:03:45] AND, THE REASON I DESCRIBE IT AS UNUSUAL IS BECAUSE HIS OFFICE UNUSUAL IS BECAUSE HIS OFFICE DECIDED TO SEND OUT A PRESS
[01:03:49] DECIDED TO SEND OUT A PRESS RELEASE HIGHLIGHTING AN RELEASE HIGHLIGHTING AN INTERVIEW HE DID SEVERAL DAYS INTERVIEW HE DID SEVERAL DAYS VAGUE.
[01:03:52] VAGUE. LAST WEEK. LAST WEEK. IT CAME OUT LAST WEEK. IT CAME OUT LAST WEEK. HOWEVER, THE INTERVIEW WITH THE
[01:03:56] HOWEVER, THE INTERVIEW WITH THE FINANCIAL TIMES, A PODCAST, IT FINANCIAL TIMES, A PODCAST, IT DIDN'T GET A LOT OF ATTENTION
[01:04:00] DIDN'T GET A LOT OF ATTENTION WHEN -- AT THE TIME IT CAME OUT WHEN -- AT THE TIME IT CAME OUT AND IN THAT INTERVIEW, HE TALKED
[01:04:03] AND IN THAT INTERVIEW, HE TALKED ABOUT -- HE HAD A LOT OF
[01:04:05] ABOUT -- HE HAD A LOT OF CRITICISM ABOUT CANADA AND THE CRITICISM ABOUT CANADA AND THE ONGOING BACK AND FORTH WITH THE
[01:04:09] ONGOING BACK AND FORTH WITH THE ESCALATION OF THE TENSIONS. ESCALATION OF THE TENSIONS. AND THEN, OF COURSE, WHAT WE'VE
[01:04:12] AND THEN, OF COURSE, WHAT WE'VE SEEN WITH CANADA'S RETALIATION SEEN WITH CANADA'S RETALIATION AND THEN, OF COURSE, THE
[01:04:15] AND THEN, OF COURSE, THE AMERICAN RESPONSE THAT WE ALL AMERICAN RESPONSE THAT WE ALL LEARNED ABOUT YESTERDAY.
[01:04:18] LEARNED ABOUT YESTERDAY. HAVE A LISTEN TO HOW JAMIESON
[01:04:19] HAVE A LISTEN TO HOW JAMIESON GREER SORT OF DESCRIBES HIS
[01:04:22] GREER SORT OF DESCRIBES HIS RESPONSE TO THE CANADIAN RESPONSE TO THE CANADIAN REACTION OVERALL.
[01:04:25] REACTION OVERALL. BUT REMEMBER, THIS INTERVIEWS
[01:04:27] BUT REMEMBER, THIS INTERVIEWS INTERVIEW WASDONE BEFORE RECENT. INTERVIEW WASDONE BEFORE RECENT. THIS INTERVIEW FROM LAST WEEK.
[01:04:31] THIS INTERVIEW FROM LAST WEEK. HAVE A LISTEN. HAVE A LISTEN. >> I THINK PRIME MINISTER CARNEY >> I THINK PRIME MINISTER CARNEY USED THE TERM "WAR."
[01:04:35] USED THE TERM "WAR." IT'S NOT A WORD WE USE. IT'S NOT A WORD WE USE. RIGHT. RIGHT. WE DON'T TALK ABOUT IT THAT WAY.
[01:04:38] WE DON'T TALK ABOUT IT THAT WAY. FOR US, IT'S BUSINESS. FOR US, IT'S BUSINESS. IT'S ECONOMICS. IT'S ECONOMICS. AND BY THE WAY, THE TARIFFS
[01:04:42] AND BY THE WAY, THE TARIFFS WE'VE PUT IN PLACE, WHENEVER IT WE'VE PUT IN PLACE, WHENEVER IT WAS, TEN DAYS AGO, 7 DAYS AGO,
[01:04:46] WAS, TEN DAYS AGO, 7 DAYS AGO, IT ONLY COVERS 5%. IT ONLY COVERS 5%. IT'S LIKE A ROUNDING AREA.
[01:04:50] IT'S LIKE A ROUNDING AREA. TO HAVE IT KIND OF WHIPPED UP TO HAVE IT KIND OF WHIPPED UP INTO THE GIANT THING WHERE WE'RE
[01:04:53] INTO THE GIANT THING WHERE WE'RE TALKING ABOUT WAR AND ECONOMIC TALKING ABOUT WAR AND ECONOMIC TAX AND ALL OF THE THINGS, IT'S
[01:04:56] TAX AND ALL OF THE THINGS, IT'S A LITTLE UNHINGED.
[01:04:57] A LITTLE UNHINGED. >> SO THE FACT THAT THE TRADE
[01:05:00] >> SO THE FACT THAT THE TRADE REPRESENTATIVE'S OFFICE PUT OUT REPRESENTATIVE'S OFFICE PUT OUT A PRESS RELEASE HIGHLIGHTING
[01:05:03] A PRESS RELEASE HIGHLIGHTING THIS INTERVIEW THAT CAME OUT A THIS INTERVIEW THAT CAME OUT A FEW DAYS AGO, IT IS A CLEAR SIGN
[01:05:06] FEW DAYS AGO, IT IS A CLEAR SIGN THAT THEY'RE TRYING TO AMPLIFY THAT THEY'RE TRYING TO AMPLIFY THIS MESSAGE. THIS MESSAGE. NOW OTHER THINGS WERE DISCUSSED
[01:05:10] NOW OTHER THINGS WERE DISCUSSED IN THE PODCAST INTERVIEW, AS IN THE PODCAST INTERVIEW, AS WELL, BUT, OF COURSE, WE ARE A
[01:05:13] WELL, BUT, OF COURSE, WE ARE A CANADIAN -- WE HAVE A CANADIAN CANADIAN -- WE HAVE A CANADIAN AUDIENCE, SO WE'RE GOING TO TALK
[01:05:16] AUDIENCE, SO WE'RE GOING TO TALK ABOUT THE CLIPS FROM CANADA. ABOUT THE CLIPS FROM CANADA. IF THERE WAS ANY SORT OF DOUBT
[01:05:19] IF THERE WAS ANY SORT OF DOUBT OF WHERE THE TRUMP OF WHERE THE TRUMP ADMINISTRATION SORT OF IS IN
[01:05:22] ADMINISTRATION SORT OF IS IN THIS MOMENT, YOU LOOK TO WHAT THIS MOMENT, YOU LOOK TO WHAT OFFICIALS ARE SAYING, AND THAT
[01:05:25] OFFICIALS ARE SAYING, AND THAT PRESS RELEASE HIGHLIGHTING THE PRESS RELEASE HIGHLIGHTING THE INTERVIEW CAME OUT TODAY.
[01:05:28] INTERVIEW CAME OUT TODAY. SO, YEAH, THAT IS IN TERMS OF SO, YEAH, THAT IS IN TERMS OF WHERE THINGS STAND AT THIS WHERE THINGS STAND AT THIS MOMENT.
[01:05:32] MOMENT. IT'S BEEN SORT OF THE DAY FOR IT'S BEEN SORT OF THE DAY FOR THE DUST TO SETTLE ON THE
[01:05:35] THE DUST TO SETTLE ON THE AMERICAN SIDE, FOR BUSINESS AMERICAN SIDE, FOR BUSINESS LEADERS AND FOR LAWMAKERS TO GET
[01:05:38] LEADERS AND FOR LAWMAKERS TO GET A BETTER UNDERSTANDING OF WHAT A BETTER UNDERSTANDING OF WHAT THE NEW MEASURES FROM THE TRUMP
[01:05:40] THE NEW MEASURES FROM THE TRUMP ADMINISTRATION ARE GOING TO DO ADMINISTRATION ARE GOING TO DO FOR AMERICAN CONSUMERS AND FOR AMERICAN CONSUMERS AND AMERICAN BUSINESSES.
[01:05:45] AMERICAN BUSINESSES. SOME OF THE ANALYSIS AND SOME OF SOME OF THE ANALYSIS AND SOME OF THE UNDERSTANDING -- I KNOW
[01:05:48] THE UNDERSTANDING -- I KNOW YOU'VE BEEN TALKING ABOUT IT ON YOU'VE BEEN TALKING ABOUT IT ON THE PROGRAM HERE, DAVID.
[01:05:50] THE PROGRAM HERE, DAVID. BUT I'VE BEEN TALKING WITH BUT I'VE BEEN TALKING WITH SOURCES AND WHAT I UNDERSTAND,
[01:05:53] SOURCES AND WHAT I UNDERSTAND, AT LEAST SORT OF SOME OF THE
[01:05:56] AT LEAST SORT OF SOME OF THE INITIAL REACTION IS WHILE THE INITIAL REACTION IS WHILE THE COMPANIES THAT ARE GOING TO BE
[01:05:59] COMPANIES THAT ARE GOING TO BE AFFECTED BY THESE NEW TARIFFS OR AFFECTED BY THESE NEW TARIFFS OR THE BANS OR WHATEVER IT IS
[01:06:02] THE BANS OR WHATEVER IT IS COMING FROM THE TRUMP COMING FROM THE TRUMP ADMINISTRATION, THE COMPANIES
[01:06:05] ADMINISTRATION, THE COMPANIES THAT ARE GOING TO BE TARGETED THAT ARE GOING TO BE TARGETED AND AFFECTED ARE GOING TO BE HIT
[01:06:08] AND AFFECTED ARE GOING TO BE HIT VERY, VERY HARD, BUT THE CONCERN
[01:06:10] VERY, VERY HARD, BUT THE CONCERN HAD BEEN THAT THE SORT OF STRIKE
[01:06:13] HAD BEEN THAT THE SORT OF STRIKE FROM THE TRUMP ADMINISTRATION FROM THE TRUMP ADMINISTRATION WOULD BE MUCH BROADER. WOULD BE MUCH BROADER. IT WAS MORE NARROW THAN PEOPLE
[01:06:17] IT WAS MORE NARROW THAN PEOPLE HAD EXPECTED. HAD EXPECTED. HOWEVER, THE COMPANIES THAT ARE
[01:06:20] HOWEVER, THE COMPANIES THAT ARE GOING TO BE AFFECTED BY THIS,
[01:06:21] GOING TO BE AFFECTED BY THIS, IT'S GOING TO BE I THERE A IS
[01:06:24] IT'S GOING TO BE I THERE A IS POTENTIAL FOR A LOT OF PAIN. POTENTIAL FOR A LOT OF PAIN. >> David: ON THE MICRO LEVEL,
[01:06:28] >> David: ON THE MICRO LEVEL, POTENTIALLY DEVASTATING. POTENTIALLY DEVASTATING. ON THE MACRO LEVEL, IT NETS OUT.
[01:06:31] ON THE MACRO LEVEL, IT NETS OUT. THE MEDIUM AND SMALL BUSINESSES THE MEDIUM AND SMALL BUSINESSES AND SOMETIMES IN SINGLE INDUSTRY
[01:06:35] AND SOMETIMES IN SINGLE INDUSTRY TOWNS, THE SUSTAINING INDUSTRY. TOWNS, THE SUSTAINING INDUSTRY. LOOK, THE PRESIDENT IS IN A BIG
[01:06:39] LOOK, THE PRESIDENT IS IN A BIG CITY TODAY OR WILL BE IN DALLAS,
[01:06:41] CITY TODAY OR WILL BE IN DALLAS, AND THE REPUBLICAN NATIONAL
[01:06:45] AND THE REPUBLICAN NATIONAL CONVENTION IN THE RUN UP IN THE CONVENTION IN THE RUN UP IN THE MID-TERMS IN SEPTEMBER -- IT MID-TERMS IN SEPTEMBER -- IT DOESN'T HAPPEN.
[01:06:49] DOESN'T HAPPEN. WHY ARE THEY DOING IT THIS TIME? WHY ARE THEY DOING IT THIS TIME? >> SO THIS IS A FIRST OF ITS
[01:06:52] >> SO THIS IS A FIRST OF ITS KIND EVENT. KIND EVENT. THE REPUBLICANS ORGANIZING A
[01:06:55] THE REPUBLICANS ORGANIZING A CONVENTION AS A WAY TO SORT OF CONVENTION AS A WAY TO SORT OF RALLY THE BASE.
[01:06:58] RALLY THE BASE. GET OUT THEIR MESSAGE, TRY TO GET OUT THEIR MESSAGE, TRY TO MOTIVATE VOTERS HEADING INTO THE
[01:07:02] MOTIVATE VOTERS HEADING INTO THE MID-TERMS, AND BASICALLY MAKING MID-TERMS, AND BASICALLY MAKING THEIR CASE TO THE AMERICAN
[01:07:05] THEIR CASE TO THE AMERICAN PUBLIC ABOUT WHY REPUBLICANS PUBLIC ABOUT WHY REPUBLICANS MUST MAINTAIN CONTROL OF THE
[01:07:08] MUST MAINTAIN CONTROL OF THE HOUSE AND WHY THEY MUST MAINTAIN HOUSE AND WHY THEY MUST MAINTAIN CONTROL OF THE SENATE. CONTROL OF THE SENATE. I'VE BEEN WATCHING FOR THE LAST
[01:07:12] I'VE BEEN WATCHING FOR THE LAST FEW HOURS. FEW HOURS. IT'S A TRADITIONAL CONVENTION IT'S A TRADITIONAL CONVENTION FEEL.
[01:07:15] FEEL. YOU HAVE CANDIDATES. YOU HAVE CANDIDATES. YOU HAVE SITTING LAWMAKERS ALL YOU HAVE SITTING LAWMAKERS ALL COMING OUT TO TALK ABOUT THEIR
[01:07:19] COMING OUT TO TALK ABOUT THEIR OPPONENTS. OPPONENTS. MASSIVE ATTACKS ON THE MASSIVE ATTACKS ON THE DEMOCRATS.
[01:07:22] DEMOCRATS. ESSENTIALLY MAKING THE ARGUMENT ESSENTIALLY MAKING THE ARGUMENT THAT THEY ARE COMMUNISTS, THAT
[01:07:25] THAT THEY ARE COMMUNISTS, THAT THEY HATE THEIR COUNTRY.
[01:07:28] IT'S AMERICAN POLITICAL TALK IN A MOMENT OF ZERO SUM POLITICS. A MOMENT OF ZERO SUM POLITICS. NONE OF IT IS NECESSARILY
[01:07:32] NONE OF IT IS NECESSARILY SURPRISING. SURPRISING. BUT THE BIG THING IS WHAT IS
[01:07:36] BUT THE BIG THING IS WHAT IS DONALD TRUMP GOING TO SAY? DONALD TRUMP GOING TO SAY? IS HE GOING TO TALK ABOUT IS HE GOING TO TALK ABOUT CANADA?
[01:07:40] CANADA? THAT IS SOMETHING THAT THE THAT IS SOMETHING THAT THE CANADIANS OBVIOUSLY WILL BE CANADIANS OBVIOUSLY WILL BE WATCHING.
[01:07:44] WATCHING. BUT OVERALL, THIS IS A MOMENT BUT OVERALL, THIS IS A MOMENT FOR DONALD TRUMP REALLY TO SELL
[01:07:46] FOR DONALD TRUMP REALLY TO SELL HIS MESSAGE TO AMERICANS. HIS MESSAGE TO AMERICANS. AND CONVINCE THEM THAT HE NEEDS
[01:07:50] AND CONVINCE THEM THAT HE NEEDS CONGRESS TO BE ABLE TO CONTINUE CONGRESS TO BE ABLE TO CONTINUE TO COMPLETE HIS AGENDA.
[01:07:52] TO COMPLETE HIS AGENDA. THERE ARE SOME HEADWINDS HERE, THERE ARE SOME HEADWINDS HERE, OKAY.
[01:07:55] OKAY. OBVIOUSLY. OBVIOUSLY. THERE -- WE'RE IN A MOMENT WHERE
[01:07:58] THERE -- WE'RE IN A MOMENT WHERE DONALD TRUMP'S NATIONAL POLLING DONALD TRUMP'S NATIONAL POLLING NUMBERS ARE VERY, VERY LOW.
[01:08:01] NUMBERS ARE VERY, VERY LOW. ONE THING I WANT TO CAUTION ONE THING I WANT TO CAUTION ABOUT THAT. ABOUT THAT. WHEN CANADIANS WATCH THIS, AND
[01:08:05] WHEN CANADIANS WATCH THIS, AND SEE, OKAY, THESE POLLING NUMBERS SEE, OKAY, THESE POLLING NUMBERS ARE REALLY, REALLY LOW, DONALD
[01:08:08] ARE REALLY, REALLY LOW, DONALD TRUMP TRADITIONALLY HAS POLLED TRUMP TRADITIONALLY HAS POLLED LOWER THAN OTHER CANDIDATES BUT
[01:08:11] LOWER THAN OTHER CANDIDATES BUT THERE SEEMS TO BE THE SILENT THERE SEEMS TO BE THE SILENT BUMP THAT ALWAYS SHOWS UP AT THE
[01:08:14] BUMP THAT ALWAYS SHOWS UP AT THE POLLS AND HELPS GET HIM ACROSS POLLS AND HELPS GET HIM ACROSS THE LINE. THE LINE. WHEN CANADIANS SEE THAT, I WANT
[01:08:18] WHEN CANADIANS SEE THAT, I WANT CANADIANS TO KEEP THAT IN MIND, CANADIANS TO KEEP THAT IN MIND, THAT THERE ARE PEOPLE THAT DON'T
[01:08:21] THAT THERE ARE PEOPLE THAT DON'T PARTICIPATE IN THE POLLS AND PARTICIPATE IN THE POLLS AND DOESN'T SHOW UP IN THE POLLS
[01:08:24] DOESN'T SHOW UP IN THE POLLS HOWEVER THEY ARE CONDUCTED. HOWEVER THEY ARE CONDUCTED. I KNOW AFTER 2016, A LOT OF
[01:08:27] I KNOW AFTER 2016, A LOT OF POLLSTERS CHANGED WHAT THEY DID POLLSTERS CHANGED WHAT THEY DID AND THAT KIND OF THING. AND THAT KIND OF THING. BUT STILL THERE ALWAYS SEEMS TO
[01:08:31] BUT STILL THERE ALWAYS SEEMS TO BE THE SILENT BUMP THAT DONALD BE THE SILENT BUMP THAT DONALD TRUMP DOES SEEM TO GET. TRUMP DOES SEEM TO GET. THAT IS SOMETHING TO KEEP IN
[01:08:35] THAT IS SOMETHING TO KEEP IN MIND. MIND. DONALD TRUMP, OF COURSE, PART OF DONALD TRUMP, OF COURSE, PART OF THE REASON HE GOT RE-ELECTED IN
[01:08:39] THE REASON HE GOT RE-ELECTED IN 2024 WAS H HIS MESSAGE ON 2024 WAS H HIS MESSAGE ON AFFORDABILITY.
[01:08:43] AFFORDABILITY. PROMISING TO MAKE LIFE MORE PROMISING TO MAKE LIFE MORE AFFORDABLE FOR AMERICANS.
[01:08:46] AFFORDABLE FOR AMERICANS. BETWEEN THE TRADE WAR WITH BETWEEN THE TRADE WAR WITH CANADA, BETWEEN THE GLOBAL TRADE
[01:08:49] CANADA, BETWEEN THE GLOBAL TRADE TARIFFS, GLOBAL TRADE WAR, AND TARIFFS, GLOBAL TRADE WAR, AND WHAT IS GOING ON WITH THE WAR IN
[01:08:52] WHAT IS GOING ON WITH THE WAR IN IRAN DRIVING UP FUEL PRICES,
[01:08:53] IRAN DRIVING UP FUEL PRICES, THERE ARE STILL A LOT OF
[01:08:56] SIGNIFICANT CHALLENGES WHEN IT COMES TO THE COST OF LIVING IN COMES TO THE COST OF LIVING IN AMERICA.
[01:09:00] AMERICA. DONALD TRUMP IS GOING TO TRY TO DONALD TRUMP IS GOING TO TRY TO CONVINCE AMERICANS THAT HE
[01:09:03] CONVINCE AMERICANS THAT HE REMAINS THE PERSON THAT NEEDS TO REMAINS THE PERSON THAT NEEDS TO LEAD AMERICANS IN THIS MOMENT.
[01:09:06] LEAD AMERICANS IN THIS MOMENT. OBVIOUSLY HE'S STILL THE OBVIOUSLY HE'S STILL THE PRESIDENT. PRESIDENT. HE'S NOT ON THE ELECTION BALLOT.
[01:09:10] HE'S NOT ON THE ELECTION BALLOT. BUT HE NEEDS REPUBLICANS TO BUT HE NEEDS REPUBLICANS TO MAINTAIN CONTROL OF CONGRESS IN
[01:09:13] MAINTAIN CONTROL OF CONGRESS IN ORDER TO MAKE IT EASIER FOR HIM ORDER TO MAKE IT EASIER FOR HIM TO IMPLEMENT HIS AGENDA.
[01:09:16] TO IMPLEMENT HIS AGENDA. EXPECT TO HEAR A LOT OF ATTACKS EXPECT TO HEAR A LOT OF ATTACKS ON DEMOCRATS FOR ANY CANADIANS
[01:09:19] ON DEMOCRATS FOR ANY CANADIANS TUNING IN TO THIS EVENT.
[01:09:20] TUNING IN TO THIS EVENT. EXPECT TO HEAR DONALD TRUMP TO
[01:09:23] EXPECT TO HEAR DONALD TRUMP TO DO THE SAME TO PROMOTE HIS DO THE SAME TO PROMOTE HIS AGENDA.
[01:09:27] AGENDA. IT'S A MOMENT TO TRY TO MAKE HIS IT'S A MOMENT TO TRY TO MAKE HIS CASE.
[01:09:32] To understand how all of the recent moves and counter moves
[01:09:34] in the trade war could impact Canada's broader economy,
[01:09:37] I'm joined now by CBC senior business correspondent Peter
[01:09:40] Armstrong. He's in Toronto. So, Peter,
[01:09:42] what are we expecting to see in terms of the impact of these
[01:09:45] latest tariffs and bans?
[01:09:48] I don't think I'm gonna break any news here by saying it's
[01:09:51] not gonna be good, that this will deepen the
[01:09:54] uncertainty. Where these tariffs hit,
[01:09:56] they will hit particularly hard, much like the first and the
[01:09:59] various rounds of terrorists had so far. They don't apply
[01:10:03] uniformly and they're not felt equally across the country. But
[01:10:06] where they hit, they hit particularly hard. And
[01:10:09] you need only talk to somebody in Sioux Saint Marie or Windsor
[01:10:12] ON or in, you know, BC and parts of Quebec that are
[01:10:15] really struggling under the weight of these tariffs. This
[01:10:19] new round where they hit, we'll hit equally hard. But
[01:10:22] there is and you know, you, you take everything we just
[01:10:25] heard out of Ottawa and Washington. And there is a
[01:10:28] sense that there was a real worry yesterday afternoon. And
[01:10:31] I think I might have expressed it to you that the, the,
[01:10:35] the US response could have really been a hammer blow and,
[01:10:38] and could have have really escalated the situation and the
[01:10:41] tensions and the trade war. And we talked about we're in that
[01:10:45] escalatory cycle, a spiral that's really hard to
[01:10:48] get out of. The more we go through these
[01:10:50] numbers, and there's a lot of them and
[01:10:52] there's a lot of tariff codes and specific products,
[01:10:55] the more we look through them, the less of a hammer blow this
[01:10:58] proves to be to the Canadian economy. Doesn't mean this is
[01:11:01] going to help. It doesn't mean things are going to get better.
[01:11:05] There's still new tariffs in. There are new exclusions and
[01:11:08] new product bans. They're all like they've expanded the field
[01:11:11] in terms of the tools they're using to really try to squeeze
[01:11:14] Canada. But it's not as bad as we had initially thought and
[01:11:17] it's certainly not as bad as we had feared. The economy will
[01:11:21] weaken further. We knew that going in. We had a pretty good second
[01:11:24] quarter. We're hoping that can sustain through the 3rd. And
[01:11:27] now we're, we know the fourth quarter will
[01:11:29] have a bit of a drawback. This will add to that. But will it
[01:11:32] take us all the way back to zero and the precipice of a
[01:11:35] recession? Probably not. But it sort of
[01:11:37] depends on a bunch of other factors as well. You know,
[01:11:39] in a lot of ways the, the higher price of oil and
[01:11:42] thus the higher price of gasoline is going to have a
[01:11:45] bigger impact on the Canadian economy than this particular
[01:11:47] round of tariffs. But when you think about this particular
[01:11:50] round of tariffs, Andrew,
[01:11:52] it's that it's cumulative. It's been building for 18 months.
[01:11:55] And now we've expanded it, as I say,
[01:11:57] to these exclusions and product bands and now added new tariffs.
[01:12:00] Sure, they clawed some back and
[01:12:02] that's great. But the, the, the scope of this trade war has
[01:12:05] grown. And so where this hits will hit particularly hard.
[01:12:08] It's also interesting, Peter, you know,
[01:12:10] I was just thinking about another statistic that could
[01:12:13] mitigate things. And that is in July,
[01:12:15] the exports to the US dropped to about 66%. Whether that's a
[01:12:18] trend, but that's a significant decline. It was always in this, it's often
[01:12:22] in the 70s if that continues to happen and then and it went up,
[01:12:25] I should say for other markets. So if that continues to happen,
[01:12:28] and I think that corresponding part is really important that
[01:12:32] we are finding other markets. We're never going to be able to
[01:12:35] replace the United States. And you know,
[01:12:37] somebody reminded me after I did a hit with the national
[01:12:40] last night, the governments don't do business with governments, right,
[01:12:43] That the US government doesn't buy anything or very little
[01:12:46] from Canada. It's thousands and millions of of small businesses,
[01:12:49] big and small, that huge businesses that buy stuff from Canadian
[01:12:53] businesses, big and small. And those
[01:12:55] relationships will probably sustain. But, you know,
[01:12:57] when's the next time you're going to see a huge surge in
[01:13:00] Canadian tourism to Maine or Vermont or California?
[01:13:03] I think that's going to take some time. Even if we get back
[01:13:06] to a place where booze is on the shelf,
[01:13:08] will Canadians start to buy it again?
[01:13:11] I think that too is going to take some time. I don't think
[01:13:14] so, Peter. There's lots to digest
[01:13:15] and all of these new measures, how will it affect the
[01:13:18] pocketbook of the average Canadian consumer?
[01:13:22] So I mean, we measure that in a handful of
[01:13:24] ways, right? Like the, the, the measures announced last
[01:13:27] night probably aren't gonna move the needle very much on
[01:13:30] inflation. But you know, inflation is ticking up and
[01:13:32] that's a concern. So it's like one more thing that adds to
[01:13:35] that. You know, you look at the regions that
[01:13:38] will be targeted and a lot of these tariffs sort of double
[01:13:41] down on existing ones, right? So on the one hand,
[01:13:43] you have a product that had a 50% tariff that's an effective
[01:13:46] ban. It was already basically banned from the US because it
[01:13:49] was priced out, but some were able to get through. Now
[01:13:53] has been that will hit further. So you'll see these regional
[01:13:55] disruptions to the economy that are being hit by those tariffs
[01:13:58] and that'll lead to job losses. That'll lead to some businesses.
[01:14:01] Frankly, Andrew, and I think we know this and
[01:14:04] it's horribly sad, but some businesses won't
[01:14:06] survive. There are businesses that are tailored and built to
[01:14:09] to cater to an American audience. They've been caught
[01:14:12] up in this by no work of their own and,
[01:14:13] and some simply will not survive. And that will be
[01:14:16] crushing for them, but also for their communities
[01:14:19] and for the people they employ. Remember,
[01:14:21] 70% to private sector employment in Canada
[01:14:23] is done by small and medium enterprises, right?
[01:14:25] We're talking a lot of those are like 1015 people. That's
[01:14:28] the lifeblood of the economy. And when you're eating into
[01:14:31] those, you know, we talked about yesterday was
[01:14:34] the the big broad first round of tariffs were all on big
[01:14:36] industrial sectors that have boardrooms full of lawyers and
[01:14:40] have, you know, industrial level support to
[01:14:42] help them get through a tough moment. Those small mom and pop
[01:14:45] shops, they don't have that. And so where it hits, it hits particularly hard.
[01:14:49] Peter, thank you and good point. The
[01:14:51] CBC senior business reporter, Peter Armstrong.
[01:14:56] >> Kelda: WELCOME BACK, AND RETURNING TO OUR TOP STORY: U.S. PRESIDENT DONALD TRUMP IS
[01:14:58] RETURNING TO OUR TOP STORY: U.S. PRESIDENT DONALD TRUMP IS INTENSIFYING HIS TRADE WAR WITH U.S. PRESIDENT DONALD TRUMP IS INTENSIFYING HIS TRADE WAR WITH CANADA, SIGNING NEW
[01:15:02] INTENSIFYING HIS TRADE WAR WITH CANADA, SIGNING NEW PROCLAMATIONS PROHIBITING CANADA, SIGNING NEW PROCLAMATIONS PROHIBITING CANADIAN ALCOHOL AND OTHER GOODS
[01:15:06] PROCLAMATIONS PROHIBITING CANADIAN ALCOHOL AND OTHER GOODS FROM BEING IMPORTED INTO THE CANADIAN ALCOHOL AND OTHER GOODS FROM BEING IMPORTED INTO THE U.S.
[01:15:09] FROM BEING IMPORTED INTO THE U.S. NOW, IT'S BEEN A LONG ROAD TO U.S. NOW, IT'S BEEN A LONG ROAD TO GET TO THIS POINT.
[01:15:13] NOW, IT'S BEEN A LONG ROAD TO GET TO THIS POINT. CBC'S DARREN McCAFFERY GETS US GET TO THIS POINT. CBC'S DARREN McCAFFERY GETS US UP TO SPEED ON HOW WE GOT HERE.
[01:15:17] CBC'S DARREN McCAFFERY GETS US UP TO SPEED ON HOW WE GOT HERE. >> Reporter: WELL, WE'VE HAD
[01:15:19] UP TO SPEED ON HOW WE GOT HERE. >> Reporter: WELL, WE'VE HAD QUITE A FEW TWISTS AND TURNS TO
[01:15:21] >> Reporter: WELL, WE'VE HAD QUITE A FEW TWISTS AND TURNS TO THIS SUMMER OF TARIFF TURMOIL SO
[01:15:23] QUITE A FEW TWISTS AND TURNS TO THIS SUMMER OF TARIFF TURMOIL SO LET ME WALK YOU THROUGH SOME OF THIS SUMMER OF TARIFF TURMOIL SO LET ME WALK YOU THROUGH SOME OF THE DATES AND HOW EFFECTIVELY
[01:15:27] LET ME WALK YOU THROUGH SOME OF THE DATES AND HOW EFFECTIVELY WE'VE ENDED UP HERE. THE DATES AND HOW EFFECTIVELY WE'VE ENDED UP HERE. IT REALLY ALL BEGAN WITH THE
[01:15:31] WE'VE ENDED UP HERE. IT REALLY ALL BEGAN WITH THE LEADUP TO THE START OF THE IT REALLY ALL BEGAN WITH THE LEADUP TO THE START OF THE SUMMER AND THAT DEADLINE FOR THE
[01:15:35] LEADUP TO THE START OF THE SUMMER AND THAT DEADLINE FOR THE UNITED STATES AND CANADA TO
[01:15:37] SUMMER AND THAT DEADLINE FOR THE UNITED STATES AND CANADA TO DISCUSS THE DEAL AROUND CUSMA.
[01:15:39] UNITED STATES AND CANADA TO DISCUSS THE DEAL AROUND CUSMA. THAT'S THE TRADING AGREEMENT DISCUSS THE DEAL AROUND CUSMA. THAT'S THE TRADING AGREEMENT BETWEEN THE U.S., CANADA, AND
[01:15:43] THAT'S THE TRADING AGREEMENT BETWEEN THE U.S., CANADA, AND MEXICO. BETWEEN THE U.S., CANADA, AND MEXICO. NOW, CANADA DIDN'T GET WHAT IT
[01:15:46] MEXICO. NOW, CANADA DIDN'T GET WHAT IT WANTED. NOW, CANADA DIDN'T GET WHAT IT WANTED. IT WANTED EFFECTIVELY A RENEWAL
[01:15:49] WANTED. IT WANTED EFFECTIVELY A RENEWAL OF THAT PACT, UP UNTIL 2036.
[01:15:52] IT WANTED EFFECTIVELY A RENEWAL OF THAT PACT, UP UNTIL 2036. INSTEAD, THE UNITED STATES OPTED
[01:15:54] OF THAT PACT, UP UNTIL 2036. INSTEAD, THE UNITED STATES OPTED TO HAVE IT ANNUALLY RENEWED.
[01:15:56] INSTEAD, THE UNITED STATES OPTED TO HAVE IT ANNUALLY RENEWED. THAT THEN LED PRESIDENT TRUMP
[01:15:58] TO HAVE IT ANNUALLY RENEWED. THAT THEN LED PRESIDENT TRUMP LATER IN JULY TO THREATEN TO THAT THEN LED PRESIDENT TRUMP LATER IN JULY TO THREATEN TO IMPOSE EVEN STEEPER TARIFFS ON
[01:16:02] LATER IN JULY TO THREATEN TO IMPOSE EVEN STEEPER TARIFFS ON CANADA, AROUND 50%. IMPOSE EVEN STEEPER TARIFFS ON CANADA, AROUND 50%. THEY WERE SLATED TO COME IN
[01:16:06] CANADA, AROUND 50%. THEY WERE SLATED TO COME IN AROUND AUGUST 19, BUT AT THAT THEY WERE SLATED TO COME IN AROUND AUGUST 19, BUT AT THAT POINT, THE U.S. PRESIDENT
[01:16:10] AROUND AUGUST 19, BUT AT THAT POINT, THE U.S. PRESIDENT DECIDED TO HOLD BACK AS POINT, THE U.S. PRESIDENT DECIDED TO HOLD BACK AS NEGOTIATIONS PLAYED OUT.
[01:16:13] DECIDED TO HOLD BACK AS NEGOTIATIONS PLAYED OUT. HE SUGGESTED A DEAL HAD BEEN
[01:16:18] HE SUGGESTED A DEAL HAD BEEN DONE, BUT IT ALL FELL APART AT THE LAST MINUTE, MEANING, ON
[01:16:20] DONE, BUT IT ALL FELL APART AT THE LAST MINUTE, MEANING, ON AUGUST 22nd, WE SAW THOSE 50%
[01:16:22] THE LAST MINUTE, MEANING, ON AUGUST 22nd, WE SAW THOSE 50% TARIFFS ON AROUND 5% OF CANADIAN
[01:16:26] TARIFFS ON AROUND 5% OF CANADIAN GOODS IMPOSED BY THE UNITED STATES. GOODS IMPOSED BY THE UNITED STATES. THAT THEN PROMPTED MARK CARNEY,
[01:16:29] STATES. THAT THEN PROMPTED MARK CARNEY, THE PRIME MINISTER, TO SAY THAT THAT THEN PROMPTED MARK CARNEY, THE PRIME MINISTER, TO SAY THAT CANADA WOULD MATCH
[01:16:32] THE PRIME MINISTER, TO SAY THAT CANADA WOULD MATCH DOLLAR-FOR-DOLLAR WITH CANADA WOULD MATCH DOLLAR-FOR-DOLLAR WITH RETALIATORY TARIFFS, PLAYING ON
[01:16:36] DOLLAR-FOR-DOLLAR WITH RETALIATORY TARIFFS, PLAYING ON SEPTEMBER 8th. RETALIATORY TARIFFS, PLAYING ON SEPTEMBER 8th. AND THEY CAME INTO PLACE
[01:16:39] SEPTEMBER 8th. AND THEY CAME INTO PLACE YESTERDAY, HITTING HUNDREDS OF AND THEY CAME INTO PLACE YESTERDAY, HITTING HUNDREDS OF AMERICAN PRODUCTS, INCLUDING
[01:16:43] YESTERDAY, HITTING HUNDREDS OF AMERICAN PRODUCTS, INCLUDING STEEL, ALUMINUM, CHEESE AND
[01:16:45] AMERICAN PRODUCTS, INCLUDING STEEL, ALUMINUM, CHEESE AND CLOTHING, AS WELL AS COSMETICS. STEEL, ALUMINUM, CHEESE AND CLOTHING, AS WELL AS COSMETICS. AND THEN YESTERDAY, WE THEN HAD
[01:16:50] CLOTHING, AS WELL AS COSMETICS. AND THEN YESTERDAY, WE THEN HAD A FURTHER RETALIATION FROM THE
[01:16:52] AND THEN YESTERDAY, WE THEN HAD A FURTHER RETALIATION FROM THE UNITED STATES, WITH PRESIDENT
[01:16:54] A FURTHER RETALIATION FROM THE UNITED STATES, WITH PRESIDENT TRUMP ISSUING AN IMPORT BAN ON UNITED STATES, WITH PRESIDENT TRUMP ISSUING AN IMPORT BAN ON CANADIAN GOODS, INCLUDING
[01:16:58] TRUMP ISSUING AN IMPORT BAN ON CANADIAN GOODS, INCLUDING MOTORCYCLES, SOME DAIRY CANADIAN GOODS, INCLUDING MOTORCYCLES, SOME DAIRY PRODUCTS, AND ALCOHOLIC
[01:17:01] MOTORCYCLES, SOME DAIRY PRODUCTS, AND ALCOHOLIC BEVERAGES AS WELL. PRODUCTS, AND ALCOHOLIC BEVERAGES AS WELL. THAT MEANS WHERE WE'RE AT RIGHT
[01:17:05] BEVERAGES AS WELL. THAT MEANS WHERE WE'RE AT RIGHT NOW, THOSE ARE LIKELY TO COME IN
[01:17:07] THAT MEANS WHERE WE'RE AT RIGHT NOW, THOSE ARE LIKELY TO COME IN ON SEPTEMBER 29th IF THERE IS
[01:17:09] NOW, THOSE ARE LIKELY TO COME IN ON SEPTEMBER 29th IF THERE IS NO DEAL, AND A NO DEAL LOOKS
[01:17:11] ON SEPTEMBER 29th IF THERE IS NO DEAL, AND A NO DEAL LOOKS REALLY POSSIBLE, GIVEN THE FACT NO DEAL, AND A NO DEAL LOOKS REALLY POSSIBLE, GIVEN THE FACT THAT BOTH SIDES ARE NOT AT THE
[01:17:15] REALLY POSSIBLE, GIVEN THE FACT THAT BOTH SIDES ARE NOT AT THE NEGOTIATING TABLE. THAT BOTH SIDES ARE NOT AT THE NEGOTIATING TABLE. GIVEN THE FACT THAT PRIME
[01:19:23] >> Linda: DONALD TRUMP IS BANNING CANADIAN DAIRY AND MOST BANNING CANADIAN DAIRY AND MOST CANADIAN ALCOHOL FROM THE U.S.
[01:19:27] CANADIAN ALCOHOL FROM THE U.S. MARKET, SOME PAPER, ALUMINUM MARKET, SOME PAPER, ALUMINUM PRODUCTS AND FURNITURE WILL BE
[01:19:30] PRODUCTS AND FURNITURE WILL BE PROHIBITED. PROHIBITED. BUT HE ALSO LIFTED THE TARIFFS
[01:19:33] BUT HE ALSO LIFTED THE TARIFFS ON SOME OTHER CANADIAN PRODUCTS
[01:19:36] ON SOME OTHER CANADIAN PRODUCTS INCLUDING CEMENT, AND ROAD SALT. INCLUDING CEMENT, AND ROAD SALT. TRUMP MADE THE MOVES YESTERDAY
[01:19:40] TRUMP MADE THE MOVES YESTERDAY AFTER CANADA LAUNCHED ITS
[01:19:42] AFTER CANADA LAUNCHED ITS RETALIATORY TARIFFS. RETALIATORY TARIFFS. FOR SOME ANALYSIS ON THE TRADE
[01:19:46] FOR SOME ANALYSIS ON THE TRADE WAR ESCALATION WE'RE JOINED BY
[01:19:49] WAR ESCALATION WE'RE JOINED BY CHIEF POLITICAL CORRESPONDENT CHIEF POLITICAL CORRESPONDENT ROSEMARY BARTON IN OTTAWA.
[01:19:52] ROSEMARY BARTON IN OTTAWA. ROSEMARY, YOU KNOW THIS STARTED
[01:19:55] ROSEMARY, YOU KNOW THIS STARTED REALLY WITH TRUMP ASKING FOR
[01:19:57] REALLY WITH TRUMP ASKING FOR CONCESSIONS AND HERE WE ARE NOW
[01:19:59] CONCESSIONS AND HERE WE ARE NOW IT APPEARS IT'S NOT NECESSARILY
[01:20:01] IT APPEARS IT'S NOT NECESSARILY ABOUT CONCESSIONS ANYMORE.
[01:20:04] ABOUT CONCESSIONS ANYMORE. WHAT'S YOUR SENSE OF WHERE WHAT'S YOUR SENSE OF WHERE THINGS STAND RIGHT NOW BETWEEN
[01:20:07] THINGS STAND RIGHT NOW BETWEEN CANADA AND THE UNITED STATES? CANADA AND THE UNITED STATES? ARE WE AT AN IMPASSE HERE?
[01:20:10] ARE WE AT AN IMPASSE HERE? >> Rosemary: YEAH, IT'S NOT A >> Rosemary: YEAH, IT'S NOT A NEGOTIATION AT THIS STAGE,
[01:20:14] NEGOTIATION AT THIS STAGE, RIGHT? RIGHT? WHEN IT SEEMED AS THOUGH THE TWO WHEN IT SEEMED AS THOUGH THE TWO SIDES DID ACTUALLY WANT TO MAKE
[01:20:18] SIDES DID ACTUALLY WANT TO MAKE A DEAL WHICH IS ABOUT TWO WEEKS A DEAL WHICH IS ABOUT TWO WEEKS AGO NOW, AND THERE WAS THAT LAST
[01:20:21] AGO NOW, AND THERE WAS THAT LAST CONVERSATION THAT WE KNOW OF CONVERSATION THAT WE KNOW OF BETWEEN THE PRIME MINISTER AND
[01:20:25] BETWEEN THE PRIME MINISTER AND THE PRESIDENT, THERE WAS SOME THE PRESIDENT, THERE WAS SOME AGREEMENT ON SOME BROAD ISSUES
[01:20:28] AGREEMENT ON SOME BROAD ISSUES THAT WERE IMPORTANT TO CANADA,
[01:20:29] THAT WERE IMPORTANT TO CANADA, NAMELY LOWERING THE TARIFFS ON
[01:20:32] NAMELY LOWERING THE TARIFFS ON THINGS LIKE STEEL AND ALUMINUM THINGS LIKE STEEL AND ALUMINUM AND AUTOS.
[01:20:35] AND AUTOS. WHEN THEY GOT DOWN TO SORT OF WHEN THEY GOT DOWN TO SORT OF THE NITTY-GRITTY AND STARTED
[01:20:39] THE NITTY-GRITTY AND STARTED EXAMINING FURTHER THE TEXT, EXAMINING FURTHER THE TEXT, THAT'S WHEN THE CANADIAN
[01:20:41] THAT'S WHEN THE CANADIAN GOVERNMENT SAID NO, THIS ISN'T GOVERNMENT SAID NO, THIS ISN'T GOING TO WORK FOR US.
[01:20:45] GOING TO WORK FOR US. THAT HAS REALLY BEEN THE END OF THAT HAS REALLY BEEN THE END OF THINGS.
[01:20:49] THINGS. CANADA SIGNALED IT WAS GOING TO CANADA SIGNALED IT WAS GOING TO PUT THESE COUNTER TARIFFS IN PUT THESE COUNTER TARIFFS IN PLACE.
[01:20:53] PLACE. I DON'T THINK IT CAME AS A I DON'T THINK IT CAME AS A SURPRISE TO ANYBODY IN THE
[01:20:56] SURPRISE TO ANYBODY IN THE CANADIAN GOVERNMENT THAT THE CANADIAN GOVERNMENT THAT THE PRESIDENT AND THE ADMINISTRATION
[01:20:59] PRESIDENT AND THE ADMINISTRATION DECIDED TO RESPOND.
[01:21:01] DECIDED TO RESPOND. THAT IS THE WAY HE OPERATES.
[01:21:03] THAT IS THE WAY HE OPERATES. AND IT'S UNCLEAR AT THIS STAGE AND IT'S UNCLEAR AT THIS STAGE TO ME AND I THINK TO MANY OTHERS
[01:21:07] TO ME AND I THINK TO MANY OTHERS WHAT HAPPENS NEXT. WHAT HAPPENS NEXT. IS THERE ANY POINT IN TRYING TO
[01:21:09] IS THERE ANY POINT IN TRYING TO GET BACK TO THE TABLE TO GET BACK TO THE TABLE TO NEGOTIATE?
[01:21:13] NEGOTIATE? I'M NOT SURE AT THIS STAGE GIVEN
[01:21:14] I'M NOT SURE AT THIS STAGE GIVEN THE DAMAGE THAT HAS BEEN DONE TO
[01:21:17] THE DAMAGE THAT HAS BEEN DONE TO THE RELATIONSHIP AND THE THE RELATIONSHIP AND THE SUGGESTION BY MINISTERS AND THE
[01:21:21] SUGGESTION BY MINISTERS AND THE PRIME MINISTER THAT REGARDLESS PRIME MINISTER THAT REGARDLESS OF WHETHER THEY GET A DEAL,
[01:21:24] OF WHETHER THEY GET A DEAL, THEY'RE NOT SURE THAT THEY'LL BE THEY'RE NOT SURE THAT THEY'LL BE ABLE TO TRUST THAT THE DEAL WILL
[01:21:27] ABLE TO TRUST THAT THE DEAL WILL HOLD AND THAT IT WILL BE -- THE HOLD AND THAT IT WILL BE -- THE UNITED STATES WILL CONTINUE TO
[01:21:31] UNITED STATES WILL CONTINUE TO BE A RELIABLE ECONOMIC PARTNER. BE A RELIABLE ECONOMIC PARTNER. SO I THINK WHAT WE KNOW RIGHT
[01:21:34] SO I THINK WHAT WE KNOW RIGHT NOW IS THAT THERE IS SOME
[01:21:37] NOW IS THAT THERE IS SOME COMMUNICATION BETWEEN DOMINIC COMMUNICATION BETWEEN DOMINIC LeBLANC AND HIS COUNTERPART
[01:21:40] LeBLANC AND HIS COUNTERPART JAMIESON GREER CERTAINLY. JAMIESON GREER CERTAINLY. I DON'T THINK THAT THERE HAS
[01:21:44] I DON'T THINK THAT THERE HAS BEEN AND PERHAPS I'LL BE BEEN AND PERHAPS I'LL BE CORRECTED BUT I DON'T THINK
[01:21:47] CORRECTED BUT I DON'T THINK THERE'S BEEN ANY COMMUNICATION THERE'S BEEN ANY COMMUNICATION BETWEEN THE PRESIDENT AND THE
[01:21:50] BETWEEN THE PRESIDENT AND THE PRIME MINISTER AS OF LATE.
[01:21:52] PRIME MINISTER AS OF LATE. AND AT THIS STAGE, I WOULD ALSO
[01:21:55] AND AT THIS STAGE, I WOULD ALSO SUGGEST PERHAPS NO IMPETUS FOR SUGGEST PERHAPS NO IMPETUS FOR EITHER SIDE TO GET BACK TO THE EITHER SIDE TO GET BACK TO THE TABLE EITHER.
[01:21:59] TABLE EITHER. YOU KNOW, CANADA MADE IT CLEAR YOU KNOW, CANADA MADE IT CLEAR IN ITS STATEMENT YESTERDAY THAT
[01:22:02] IN ITS STATEMENT YESTERDAY THAT IN ORDER TO DO THAT, THE UNITED IN ORDER TO DO THAT, THE UNITED STATES HAS TO BE CONSTRUCTIVE
[01:22:06] STATES HAS TO BE CONSTRUCTIVE AND HAS TO BE WILLING TO RESPECT AND HAS TO BE WILLING TO RESPECT CANADA'S SOVEREIGNTY.
[01:22:09] CANADA'S SOVEREIGNTY. AND WHETHER IT BE THROUGH SOCIAL AND WHETHER IT BE THROUGH SOCIAL MEDIA MEMES OR COMMENTS THAT ARE
[01:22:12] MEDIA MEMES OR COMMENTS THAT ARE MADE BY MEMBERS OF THE MADE BY MEMBERS OF THE ADMINISTRATION, THERE'S NO
[01:22:15] ADMINISTRATION, THERE'S NO EVIDENCE THAT THAT IS THE EVIDENCE THAT THAT IS THE DIRECTION THE TRUMP
[01:22:19] DIRECTION THE TRUMP ADMINISTRATION IS TAKING. ADMINISTRATION IS TAKING. >> Linda: IT CERTAINLY HAS
[01:22:21] >> Linda: IT CERTAINLY HAS BEEN UNPREDICTABLE WHICH MAKES BEEN UNPREDICTABLE WHICH MAKES STRATEGIZING AS YOU KNOW VERY
[01:22:25] STRATEGIZING AS YOU KNOW VERY DIFFICULT. DIFFICULT. THE PRIME MINISTER HOLDING A
[01:22:28] THE PRIME MINISTER HOLDING A CABINET PLANNING FORUM IN BANFF. CABINET PLANNING FORUM IN BANFF. WHAT DO YOU THINK COULD COME OUT
[01:22:31] WHAT DO YOU THINK COULD COME OUT OF THAT IN REGARDS TO THE TRADE OF THAT IN REGARDS TO THE TRADE WAR?
[01:22:34] WAR? >> Rosemary: I THINK THAT'S >> Rosemary: I THINK THAT'S WHERE THE FOCUS GOES NOW.
[01:22:37] WHERE THE FOCUS GOES NOW. THIS HAS BEEN CONSUMING MUCH OF THIS HAS BEEN CONSUMING MUCH OF GOVERNMENT FOR -- THROUGHOUT THE
[01:22:40] GOVERNMENT FOR -- THROUGHOUT THE SUMMER AS THEY WERE TRYING TO SUMMER AS THEY WERE TRYING TO GET SOMEWHERE CLOSER TO A DEAL.
[01:22:44] GET SOMEWHERE CLOSER TO A DEAL. SORT OF THE UPSIDE OF IT ALL
[01:22:46] SORT OF THE UPSIDE OF IT ALL FALLING APART IS THAT THE FALLING APART IS THAT THE GOVERNMENT CAN NOW REALLY HONE
[01:22:50] GOVERNMENT CAN NOW REALLY HONE IN ON THE THINGS THAT IT CAN DO, IN ON THE THINGS THAT IT CAN DO, THE THINGS AS THE PRIME MINISTER
[01:22:53] THE THINGS AS THE PRIME MINISTER SAYS CANADA CAN CONTROL. SAYS CANADA CAN CONTROL. SO THE CABINET RETREAT WILL BE
[01:22:57] SO THE CABINET RETREAT WILL BE ABOUT THAT, RIGHT? ABOUT THAT, RIGHT? IT WILL BE ABOUT MOVES THAT THE
[01:23:00] IT WILL BE ABOUT MOVES THAT THE GOVERNMENT IS MAKING TO TRY TO
[01:23:02] GOVERNMENT IS MAKING TO TRY TO GROW THE CANADIAN ECONOMY, THE
[01:23:05] GROW THE CANADIAN ECONOMY, THE FINANCE MINISTER'S OUT TODAY FINANCE MINISTER'S OUT TODAY SPEAKING ABOUT SUPPORTS FOR
[01:23:08] SPEAKING ABOUT SUPPORTS FOR CANADIAN WORKERS AND BUSINESSES. CANADIAN WORKERS AND BUSINESSES. SO CERTAINLY THERE WILL HAVE TO
[01:23:11] SO CERTAINLY THERE WILL HAVE TO BE MORE OF THAT AS WE SEE BE MORE OF THAT AS WE SEE FURTHER JOB LOSSES AND HITS TO
[01:23:15] FURTHER JOB LOSSES AND HITS TO CERTAIN SECTORS AS THIS
[01:23:18] CERTAIN SECTORS AS THIS CONTINUES. CONTINUES. THIS ALSO FEEDS INTO WHY THE THIS ALSO FEEDS INTO WHY THE PRIME MINISTER HAS THIS
[01:23:22] PRIME MINISTER HAS THIS INVESTMENT SUMMIT NEXT WEEK IN INVESTMENT SUMMIT NEXT WEEK IN TORONTO WHERE THE CANADIAN
[01:23:26] TORONTO WHERE THE CANADIAN GOVERNMENT IS HOPING TO ATTRACT GOVERNMENT IS HOPING TO ATTRACT A TRILLION DOLLARS OF FOREIGN
[01:23:29] A TRILLION DOLLARS OF FOREIGN INVESTMENT INTO THIS COUNTRY TO INVESTMENT INTO THIS COUNTRY TO GET THE ECONOMY GOING.
[01:23:32] GET THE ECONOMY GOING. IT'S WHY THE PRIME MINISTER SAYS IT'S WHY THE PRIME MINISTER SAYS HE'S GOING TO THE EUROPEAN UNION
[01:23:35] HE'S GOING TO THE EUROPEAN UNION NEXT WEEK TO TRY TO SHORE UP NEXT WEEK TO TRY TO SHORE UP THAT TRADE RELATIONSHIP AND
[01:23:39] THAT TRADE RELATIONSHIP AND DEVELOP IT FURTHER INTO A DEVELOP IT FURTHER INTO A SECURITY RELATIONSHIP. SECURITY RELATIONSHIP. SO THOSE ARE ALL THINGS THE
[01:23:43] SO THOSE ARE ALL THINGS THE GOVERNMENT CAN DO. GOVERNMENT CAN DO. I THINK WHERE WE SHOULD APPLY
[01:23:46] I THINK WHERE WE SHOULD APPLY SOME SKEPTICISM IN THE SOME SKEPTICISM IN THE GOVERNMENT'S AGENDA IS WHAT IS
[01:23:50] GOVERNMENT'S AGENDA IS WHAT IS IT ACTUALLY DELIVERING ON RIGHT IT ACTUALLY DELIVERING ON RIGHT NOW? NOW? AND HOW LONG DOES IT TAKE SOME
[01:23:54] AND HOW LONG DOES IT TAKE SOME OF THOSE THINGS TO START OF THOSE THINGS TO START RESONATING IN OUR LIVES?
[01:23:56] RESONATING IN OUR LIVES? AND THAT'S WHERE THERE'S AND THAT'S WHERE THERE'S PROBABLY SOME POLITICAL RISK FOR
[01:24:01] PROBABLY SOME POLITICAL RISK FOR THE CARNEY GOVERNMENT, RIGHT? THE CARNEY GOVERNMENT, RIGHT? BUT THE PATIENCE OF CANADIAN,
[01:24:04] BUT THE PATIENCE OF CANADIAN, THEY HAVE A HUGE AMOUNT OF
[01:24:07] THEY HAVE A HUGE AMOUNT OF SUPPORT FROM MOST CANADIANS, AND
[01:24:10] SUPPORT FROM MOST CANADIANS, AND IN PUBLIC OPINION POLLS, NOT IN PUBLIC OPINION POLLS, NOT ONLY FOR THE WAY THEY'RE
[01:24:12] ONLY FOR THE WAY THEY'RE HANDLING THINGS, BUT FROM THE HANDLING THINGS, BUT FROM THE DECISION TO LEAVE THE DECISION TO LEAVE THE CONVERSATION.
[01:24:16] CONVERSATION. THERE'S NO SIGN THAT THAT THERE'S NO SIGN THAT THAT SUPPORT IS GOING TO SLIP, BUT I
[01:24:19] SUPPORT IS GOING TO SLIP, BUT I DO WONDER OVER TIME IF PEOPLE
[01:24:22] DO WONDER OVER TIME IF PEOPLE START FEELING IN A REAL WAY THE
[01:24:23] START FEELING IN A REAL WAY THE ECONOMIC IMPACT OF THIS TRADE
[01:24:26] ECONOMIC IMPACT OF THIS TRADE WAR AND THEY START ASKING MORE WAR AND THEY START ASKING MORE QUESTIONS OF THE GOVERNMENT IN
[01:24:30] QUESTIONS OF THE GOVERNMENT IN TERMS OF WHAT THEY'RE GOING TO TERMS OF WHAT THEY'RE GOING TO DO, WHETHER THAT COULD CHANGE. DO, WHETHER THAT COULD CHANGE. >> Linda:
[01:24:36] NAAMA WEINGARTEN HAS THAT PART OF THE STORY. >> Reporter: THE FOUNDER OF
[01:24:39] OF THE STORY. >> Reporter: THE FOUNDER OF THIS OAKVILLE DISTILLERY SAYS IT
[01:24:42] >> Reporter: THE FOUNDER OF THIS OAKVILLE DISTILLERY SAYS IT COULD LOSE 35% OF ITS REVENUE,
[01:24:44] THIS OAKVILLE DISTILLERY SAYS IT COULD LOSE 35% OF ITS REVENUE, ALL INFERENTIAL TO TRUMP'S COULD LOSE 35% OF ITS REVENUE, ALL INFERENTIAL TO TRUMP'S LATEST MOVE.
[01:24:47] ALL INFERENTIAL TO TRUMP'S LATEST MOVE. BANNING MANY CANADIAN IMPORTS BY LATEST MOVE. BANNING MANY CANADIAN IMPORTS BY SEPTEMBER 29th, INCLUDING MOST
[01:24:51] BANNING MANY CANADIAN IMPORTS BY SEPTEMBER 29th, INCLUDING MOST ALCOHOL. SEPTEMBER 29th, INCLUDING MOST ALCOHOL. >> WE'RE SITTING ON LOTS OF
[01:24:55] ALCOHOL. >> WE'RE SITTING ON LOTS OF INVENTORY AND PURCHASE ORDERS
[01:24:57] >> WE'RE SITTING ON LOTS OF INVENTORY AND PURCHASE ORDERS FOR U.S. BRAND DISTRIBUTORS.
[01:25:00] INVENTORY AND PURCHASE ORDERS FOR U.S. BRAND DISTRIBUTORS. WE'RE EXPECTING OUR U.S.
[01:25:02] FOR U.S. BRAND DISTRIBUTORS. WE'RE EXPECTING OUR U.S. BUSINESS TO DRY UP AND IT WILL
[01:25:05] WE'RE EXPECTING OUR U.S. BUSINESS TO DRY UP AND IT WILL TAKE A WHILE TO REBOUND.
[01:25:08] BUSINESS TO DRY UP AND IT WILL TAKE A WHILE TO REBOUND. >> YOU KNOW, AT THREE WEEKS' TAKE A WHILE TO REBOUND. >> YOU KNOW, AT THREE WEEKS' NOTICE IS REALLY QUITE ABSURD.
[01:25:12] >> YOU KNOW, AT THREE WEEKS' NOTICE IS REALLY QUITE ABSURD. >> Reporter: THIS LATEST NOTICE IS REALLY QUITE ABSURD. >> Reporter: THIS LATEST ESCALATION IN THE TRADE WAR CAME
[01:25:16] >> Reporter: THIS LATEST ESCALATION IN THE TRADE WAR CAME TUESDAY NIGHT, JUST AFTER ESCALATION IN THE TRADE WAR CAME TUESDAY NIGHT, JUST AFTER CANADIAN COUNTER TARIFFS KICKED
[01:25:20] TUESDAY NIGHT, JUST AFTER CANADIAN COUNTER TARIFFS KICKED IN, WITH MANY OTHER INDUSTRIES CANADIAN COUNTER TARIFFS KICKED IN, WITH MANY OTHER INDUSTRIES ALSO FEELING THE EFFECTS.
[01:25:24] IN, WITH MANY OTHER INDUSTRIES ALSO FEELING THE EFFECTS. TRUMP SLAPPING A 50% TARIFF ON
[01:25:26] ALSO FEELING THE EFFECTS. TRUMP SLAPPING A 50% TARIFF ON PRODUCTS, INCLUDING ALUMINUM.
[01:25:28] TRUMP SLAPPING A 50% TARIFF ON PRODUCTS, INCLUDING ALUMINUM. >> WELL, IT'S SORT OF LIKE THE PRODUCTS, INCLUDING ALUMINUM. >> WELL, IT'S SORT OF LIKE THE LAST NAIL IN THE COFFIN.
[01:25:32] >> WELL, IT'S SORT OF LIKE THE LAST NAIL IN THE COFFIN. >> Reporter: THIS HITS DAVID LAST NAIL IN THE COFFIN. >> Reporter: THIS HITS DAVID PAUL VELLA HIGHWAY COMPANY,
[01:25:36] >> Reporter: THIS HITS DAVID PAUL VELLA HIGHWAY COMPANY, CROWN COOKWARE, FROM BOTH SIDES,
[01:25:38] PAUL VELLA HIGHWAY COMPANY, CROWN COOKWARE, FROM BOTH SIDES, THEY'RE PRODUCTS ARE MADE OF
[01:25:41] CROWN COOKWARE, FROM BOTH SIDES, THEY'RE PRODUCTS ARE MADE OF ALUMINUM, AND SOME COOKWARE IN
[01:25:44] ALUMINUM, AND SOME COOKWARE IN INCLUDED IN CANADA'S COUNTER TARIFFS. INCLUDED IN CANADA'S COUNTER TARIFFS. >> I'M RETHINKING THAT MAYBE WE
[01:25:48] TARIFFS. >> I'M RETHINKING THAT MAYBE WE HAVE TO MOVE AS WELL. >> I'M RETHINKING THAT MAYBE WE HAVE TO MOVE AS WELL. MAYBE LEASE A SMALL COMPONENT
[01:25:52] HAVE TO MOVE AS WELL. MAYBE LEASE A SMALL COMPONENT HERE AND MAYBE MOVE OUR COMPANY MAYBE LEASE A SMALL COMPONENT HERE AND MAYBE MOVE OUR COMPANY INTO THE U.S.
[01:25:55] HERE AND MAYBE MOVE OUR COMPANY INTO THE U.S. >> Reporter: THE ONTARIO INTO THE U.S. >> Reporter: THE ONTARIO CHAMBER OF COMMERCE RAN A SURVEY
[01:25:59] >> Reporter: THE ONTARIO CHAMBER OF COMMERCE RAN A SURVEY EARLIER THIS YEAR SHOWING ONLY A CHAMBER OF COMMERCE RAN A SURVEY EARLIER THIS YEAR SHOWING ONLY A SMALL FRACTION OF BUSINESSES
[01:26:03] EARLIER THIS YEAR SHOWING ONLY A SMALL FRACTION OF BUSINESSES WANT TO MOVE ACROSS THE BORDER. SMALL FRACTION OF BUSINESSES WANT TO MOVE ACROSS THE BORDER. AND AFTER A YEAR AND A HALF OF
[01:26:07] WANT TO MOVE ACROSS THE BORDER. AND AFTER A YEAR AND A HALF OF THIS TRADE WAR... AND AFTER A YEAR AND A HALF OF THIS TRADE WAR... >> AT SOME POINT, IT STOPS
[01:26:11] THIS TRADE WAR... >> AT SOME POINT, IT STOPS MATTERING, RIGHT? >> AT SOME POINT, IT STOPS MATTERING, RIGHT? TWHEN THE TARIFF IS ALREADY MUCH
[01:26:14] MATTERING, RIGHT? TWHEN THE TARIFF IS ALREADY MUCH HIGHER THAN YOUR PROFIT MARGIN
[01:26:17] TWHEN THE TARIFF IS ALREADY MUCH HIGHER THAN YOUR PROFIT MARGIN AND THERE ARE OTHER COMPETING HIGHER THAN YOUR PROFIT MARGIN AND THERE ARE OTHER COMPETING PRODUCTS IN THE MARKET, IT
[01:26:21] AND THERE ARE OTHER COMPETING PRODUCTS IN THE MARKET, IT DOESN'T REALLY MAKE ANY PRODUCTS IN THE MARKET, IT DOESN'T REALLY MAKE ANY DIFFERENCE, BECAUSE YOU'VE
[01:26:25] Last month, Riley Brockton said that enough
[01:26:27] is enough. Ottawa still has a street named after Donald Trump.
[01:26:31] Brockington calls it an honor the US president doesn't
[01:26:34] deserve, and he wants to change the name
[01:26:37] of Trump Ave. He first floated that idea last month.
[01:26:41] I received an overwhelming level of correspondence,
[01:26:44] literally from around the world within the last two weeks,
[01:26:48] obviously heavy within Ottawa. I've heard from people and many
[01:26:51] American states, many countries throughout the
[01:26:54] world. I'm quite surprised how far this is gone. There's a
[01:26:58] long list of reasons why this street should be renamed. Now
[01:27:01] he's moving forward to make it happen with a motion that will
[01:27:05] come up for a vote in two weeks. It asked council to approve
[01:27:08] renaming the street and to launch a public consultation
[01:27:12] process with people who live there,
[01:27:14] asking them to help find a new name. He calls a name offensive.
[01:27:18] In light of everything Trump is doing to harm Canada
[01:27:22] right now, we're past the point of discussion.
[01:27:26] If we were to commemorative and name the street today for this
[01:27:29] individual, he would fail basically every
[01:27:32] criteria. So it's time to honor someone else with the, you know,
[01:27:36] a street of the nations capital. We will go through a process.
[01:27:39] All Trump Ave. residents will be invited to participate in
[01:27:43] that process, and a new name will be put
[01:27:45] forward to council for final approval.
[01:27:49] The street is in the Central Park neighborhood,
[01:27:51] which is full of New York City themed street names. A previous
[01:27:55] effort to rename it failed in 2021 when local residents split
[01:27:59] on the idea, but now it's getting more support.
[01:28:02] I'm supportive of Councillor Brockington's motion. I,
[01:28:06] you know, I, as long as the residents of
[01:28:08] Trump Ave. are consulted and, and they have a say in this
[01:28:12] because it's them that will have the administrative burden
[01:28:16] of changing their driver's licenses and contacting all of
[01:28:19] their all of their contacts.
[01:28:22] I caught up with about 1/2 a dozen city councillors after
[01:28:26] the meeting and most are lining up behind Brockington's motion.
[01:28:30] But not all one sided. The administrative burden for
[01:28:33] people who live on the street, like changing their address on
[01:28:36] every bill.
[01:28:38] I understand the symbolic nature. I understand the message we want to send, you know,
[01:28:42] to the president of the United States. But it is a lot to ask
[01:28:45] for residents when you change a street name.
[01:28:48] If the motion passes, a new name is expected to come
[01:28:51] back to council during the first half of next year. Arthur
[01:28:54] White, Crummy, CBC News, Ottawa.
[01:32:34] THE BROADER ECONOMY. NISHA PATEL CBC NEWS TORONTO. >> Louise: THE WAR IN THE
[01:32:38] NISHA PATEL CBC NEWS TORONTO. >> Louise: THE WAR IN THE MIDDLE EAST CONTINUES TO >> Louise: THE WAR IN THE MIDDLE EAST CONTINUES TO ESCALATE WITH THE U.S. AND IRAN
[01:32:42] MIDDLE EAST CONTINUES TO ESCALATE WITH THE U.S. AND IRAN ENGAGING IN RETALIATORY STRIKES
[01:32:44] ESCALATE WITH THE U.S. AND IRAN ENGAGING IN RETALIATORY STRIKES AND THOSE ATTACKS ARE SENDING
[01:32:46] ENGAGING IN RETALIATORY STRIKES AND THOSE ATTACKS ARE SENDING OIL PRICES SOARING AGAIN.
[01:32:48] AND THOSE ATTACKS ARE SENDING OIL PRICES SOARING AGAIN. CRYSTAL GOOMANSINGH REPORTS.
[01:32:50] OIL PRICES SOARING AGAIN. CRYSTAL GOOMANSINGH REPORTS. >> Reporter: TEHRAN IS LOOKING
[01:32:52] CRYSTAL GOOMANSINGH REPORTS. >> Reporter: TEHRAN IS LOOKING TO FURTHER TIGHTEN ITS HOLD OVER
[01:32:54] >> Reporter: TEHRAN IS LOOKING TO FURTHER TIGHTEN ITS HOLD OVER THE SHIPPING ROUTE THROUGH THE
[01:32:57] TO FURTHER TIGHTEN ITS HOLD OVER THE SHIPPING ROUTE THROUGH THE STRAIT OF HORMUZ SAYING THAT IT THE SHIPPING ROUTE THROUGH THE STRAIT OF HORMUZ SAYING THAT IT IS IMPOSING NEW RESTRICTIONS.
[01:33:01] STRAIT OF HORMUZ SAYING THAT IT IS IMPOSING NEW RESTRICTIONS. THIS COMING FROM THE IS IMPOSING NEW RESTRICTIONS. THIS COMING FROM THE SPOKESPERSON OF THE ISLAMIC
[01:33:04] THIS COMING FROM THE SPOKESPERSON OF THE ISLAMIC REVOLUTIONARY GUARDS CORP. SPOKESPERSON OF THE ISLAMIC REVOLUTIONARY GUARDS CORP. ACCORDING TO THAT OFFICIAL THESE
[01:33:09] REVOLUTIONARY GUARDS CORP. ACCORDING TO THAT OFFICIAL THESE NEW RESTRICTIONS WILL START FROM
[01:33:11] ACCORDING TO THAT OFFICIAL THESE NEW RESTRICTIONS WILL START FROM THE SOUTHEASTERN COAST OF IRAN
[01:33:13] NEW RESTRICTIONS WILL START FROM THE SOUTHEASTERN COAST OF IRAN AND CONTINUED THROUGH THE GULF THE SOUTHEASTERN COAST OF IRAN AND CONTINUED THROUGH THE GULF OF OMAN AND TO THE ARABIAN SEA.
[01:33:17] AND CONTINUED THROUGH THE GULF OF OMAN AND TO THE ARABIAN SEA. NOW THAT ENTIRE REGION HAS OF OMAN AND TO THE ARABIAN SEA. NOW THAT ENTIRE REGION HAS VIRTUALLY COME TO A STANDSTILL,
[01:33:21] NOW THAT ENTIRE REGION HAS VIRTUALLY COME TO A STANDSTILL, GIVEN THE STRIKES AND VIRTUALLY COME TO A STANDSTILL, GIVEN THE STRIKES AND COUNTER-STRIKES OVER THE LAST
[01:33:28] COUNTER-STRIKES OVER THE LAST SIX MONTHS AS IRAN AND THE UNITED STATES AND PREVIOUSLY SIX MONTHS AS IRAN AND THE UNITED STATES AND PREVIOUSLY ISRAEL HAVE BEEN ENGAGED IN THE
[01:33:32] UNITED STATES AND PREVIOUSLY ISRAEL HAVE BEEN ENGAGED IN THE MILITARY CONFLICT. ISRAEL HAVE BEEN ENGAGED IN THE MILITARY CONFLICT. NOW THEY ARE SAYING THAT SHORTLY
[01:33:35] MILITARY CONFLICT. NOW THEY ARE SAYING THAT SHORTLY THEY WILL ENFORCE SANCTIONS ON
[01:33:37] NOW THEY ARE SAYING THAT SHORTLY THEY WILL ENFORCE SANCTIONS ON ANY VESSEL TRYING TO TRANSIT
[01:33:40] THEY WILL ENFORCE SANCTIONS ON ANY VESSEL TRYING TO TRANSIT THAT ENTIRE STRETCH OF WATERWAY,
[01:33:43] ANY VESSEL TRYING TO TRANSIT THAT ENTIRE STRETCH OF WATERWAY, THAT CRITICAL WATERWAY AND HAS THAT ENTIRE STRETCH OF WATERWAY, THAT CRITICAL WATERWAY AND HAS BEEN VIRTUALLY HELD AT A
[01:33:47] THAT CRITICAL WATERWAY AND HAS BEEN VIRTUALLY HELD AT A STANDSTILL. BEEN VIRTUALLY HELD AT A STANDSTILL. NOW IRAN SAYS IT CONTROLS THAT
[01:33:50] STANDSTILL. NOW IRAN SAYS IT CONTROLS THAT WATERWAY, THE UNITED STATES NO
[01:33:52] NOW IRAN SAYS IT CONTROLS THAT WATERWAY, THE UNITED STATES NO -- THE UNITED STATES SAYS NO WE WATERWAY, THE UNITED STATES NO -- THE UNITED STATES SAYS NO WE ARE IN CONTROL OF THE REGION
[01:33:57] -- THE UNITED STATES SAYS NO WE ARE IN CONTROL OF THE REGION AROUND THE STRAIT OF HORMUZ.
[01:33:59] ARE IN CONTROL OF THE REGION AROUND THE STRAIT OF HORMUZ. THIS AREA IS SEEING STRIKES AND
[01:34:02] AROUND THE STRAIT OF HORMUZ. THIS AREA IS SEEING STRIKES AND COUNTERSTRIKES.
[01:34:04] THIS AREA IS SEEING STRIKES AND COUNTERSTRIKES. IRAN SAID IT HAD TEN VESSELS IN
[01:34:06] COUNTERSTRIKES. IRAN SAID IT HAD TEN VESSELS IN THAT REGION INCLUDING TWO U.S. IRAN SAID IT HAD TEN VESSELS IN THAT REGION INCLUDING TWO U.S. NAVY SHIPS.
[01:34:10] THAT REGION INCLUDING TWO U.S. NAVY SHIPS. HOWEVER AMERICAN OFFICIALS ARE NAVY SHIPS. HOWEVER AMERICAN OFFICIALS ARE COMING OUT AND SAYING THAT IS
[01:34:14] HOWEVER AMERICAN OFFICIALS ARE COMING OUT AND SAYING THAT IS NOT THE CASE. COMING OUT AND SAYING THAT IS NOT THE CASE. TWO VESSELS ATTACHED TO THE U.S.
[01:34:17] NOT THE CASE. TWO VESSELS ATTACHED TO THE U.S. NAVY WERE NOT IN FACT HIT. TWO VESSELS ATTACHED TO THE U.S. NAVY WERE NOT IN FACT HIT. SO THERE WAS AN ESCALATION HERE
[01:34:21] NAVY WERE NOT IN FACT HIT. SO THERE WAS AN ESCALATION HERE NOT ONLY WITH STRIKES AND SO THERE WAS AN ESCALATION HERE NOT ONLY WITH STRIKES AND PROMISES OF MORE COUNTER-STRIKES
[01:34:26] NOT ONLY WITH STRIKES AND PROMISES OF MORE COUNTER-STRIKES ON BEHALF OF AMERICANS BUT WITH
[01:34:28] PROMISES OF MORE COUNTER-STRIKES ON BEHALF OF AMERICANS BUT WITH NEW RESTRICTIONS AS TO WHERE ON BEHALF OF AMERICANS BUT WITH NEW RESTRICTIONS AS TO WHERE VESSELS CAN GO AND WHO THEY HAVE NEW RESTRICTIONS AS TO WHERE VESSELS CAN GO AND WHO THEY HAVE TO
[01:36:29] between Canadians and Americans,
[01:36:32] and it is a closeness that's being tested now,
[01:39:03] We've got tariffs, we've got trade threats. We've got, I mean, we've got threats to take over
[01:39:07] the whole country.
[01:39:09] It makes me angry to
[01:39:12] to see our government
[01:39:15] talking about our neighbor
[01:39:17] like they are and acting the way they are because it's not
[01:44:08] This is absolutely outrageous with the president is doing to
[01:44:11] the state of Vermont.
[01:44:13] He has put a bullseye on the back of the Vermont economy.
[01:44:19] It's unconscionable and it's wrong. Vermont Democratic
[01:44:22] Senator Peter Welch met with small businesses at the Canada
[01:44:26] US border last week to push back against what he calls
[01:44:29] Trump's reckless trade war. And he recently introduced the Bad
[01:44:33] Deal Act to repeal and refund the president's 50% tariffs on
[01:44:37] Canadian goods. And Senator Peter Welch joins me now.
[01:44:40] Senator, it's good to see you again,
[01:44:42] Sir. Thank you for your time today. Thank you.
[01:44:46] We're all acutely aware of what all of this is doing on our
[01:44:48] side of the border. But you bought small businesses at the
[01:44:51] border last week, brought them together and tried
[01:44:53] to send a message to the president about what the trade
[01:44:56] war is doing to Vermont. What can you tell us about that?
[01:45:00] It's really a catastrophe. I mean,
[01:45:02] it's beyond losing jobs for us, it's losing companies. I'll
[01:45:06] just give a specific example. We have this track manufacturer
[01:45:10] for snow moving equipment. They have $500,
[01:45:13] 000 sales that are falling through because they'll be an
[01:45:17] additional $250, 000 tariff placed on it. That
[01:45:20] company manufacturers in Vermont and Wisconsin,
[01:45:23] its viability is threatened. So what the president is doing,
[01:45:27] we know is very, very harmful to Canada, but
[01:45:30] it's truly bizarre that he's choosing to do so in a way
[01:45:33] that's incredibly damaging to Vermont and to really the
[01:45:36] United States. So what do you make of this latest escalation?
[01:45:39] Last night, the president announced import
[01:45:41] bans on a variety of goods from Canada and,
[01:45:43] and swapped around some terrorists. I,
[01:45:45] I guess various things that you, you couldn't go without in your
[01:45:49] country are now terror free and other things are,
[01:45:51] are heavily tariff. We don't know if the Canadian government
[01:45:55] is going to respond, but it seems if they do,
[01:45:57] the Trump administration is determined to have the last
[01:46:00] word and this could just keep spiraling. What do you make of
[01:46:02] where things stand?
[01:46:05] They don't see it anywhere because essentially there's not
[01:46:08] a policy dispute that could be defined by the president other
[01:46:12] than that he's a bully and he wants to force capitulation and
[01:46:16] for Canada to cry uncle. So obviously Canada has to stand
[01:46:20] up for itself. But where the president is doing something
[01:46:23] that has no economic benefit in just economic detriment to
[01:46:27] Vermont. And by the way, third, we're one of 34 states where
[01:46:31] your you Canada are our major trading partner or he's doing
[01:46:34] it the way it will hurt us as well as you,
[01:46:37] but also it's gonna hurt his election prospects. I mean,
[01:46:41] the race in Michigan, the race in Maine,
[01:46:44] those are two states that are really hammered by these
[01:46:48] tariffs. So this is the president really being unstable
[01:46:51] as opposed to being smart about getting a good deal
[01:46:55] economically for us, even at your expense. So he
[01:46:58] he's doing these most recent trade actions using Section 338.
[01:47:02] And this is the Smoot Hawley legislation from 1930,
[01:47:06] thereabouts, if I remember correctly,
[01:47:07] It's sort of the suite of laws that helped usher in the Great
[01:47:10] Depression. So it has a bit of a, you know,
[01:47:13] an infamous history. You're trying to repeal this, right?
[01:47:15] Like, this is part of your legislation. Is it you just strip this power away from the
[01:47:19] president entirely? Is that what your legislation would seek to do?
[01:47:23] Yes, it would with Senator
[01:47:25] Gillibrand. Of course, New York border state,
[01:47:28] they're getting impacted just like us. And we would strip
[01:47:31] away any authority that the president has under that
[01:47:34] section to impose tariffs. Tariffs. And by the way,
[01:47:37] I don't think he does have authority to impose those
[01:47:40] tariffs. And secondly, it would refund all the money.
[01:47:44] Now, in order for us to pass that,
[01:47:46] I think we'll probably get unanimous Democratic support.
[01:47:49] But we're going to have to get Republicans who are willing to
[01:47:53] put aside their fear of Trump
[01:47:55] and step forward on behalf of protecting their own
[01:47:58] constituents who are as adversely affected by these
[01:48:01] tariffs as folks who voted for a Democratic. This is not a
[01:48:04] partisan deal. But that seems unlikely given sort of the
[01:48:08] capture of the Republican Party by but sort of the MAGA
[01:48:11] movement and by the president at this point in time,
[01:48:14] does it not, Senator? So I wonder with the midterms
[01:48:17] coming up, you mentioned Maine, you mentioned Michigan,
[01:48:20] there is a path for your party to get control of the Senate.
[01:48:24] Has has Chuck Schumer
[01:48:26] gotten behind this and said, if you get control of the
[01:48:29] Senate, this goes through, this will get passed?
[01:48:32] Oh, yeah, no, he he has gotten behind us
[01:48:35] using our legislative authority to repeal any tariff authority
[01:48:39] that the president is asserting. And there are a number of bills,
[01:48:43] including one that he has and I'm a Co sponsor of. But you
[01:48:47] know, the basic capitulation here is
[01:48:50] by the Senate as a whole, but led by the Republicans.
[01:48:53] Under our Constitution, only the Senate and Congress
[01:48:57] have the authority to raise taxes. Tariffs are attacks.
[01:49:00] Trump is trampled that, and
[01:49:02] the Republicans who we need in order to stand up for our
[01:49:06] authority have capitulated to the president. And that's out
[01:49:10] of fear. But at a certain point, you're seeing what's happened
[01:49:14] to farmers in Minnesota. You're seeing what's happening to
[01:49:18] farmers in Iowa and Nebraska. These are Republican states,
[01:49:22] the last two, and those folks are going to
[01:49:25] have an opportunity to express their point of view
[01:49:30] this November. But, you know, we really have a situation here
[01:49:34] that is quite mystifying. There's not an economic case
[01:49:38] that the president is making about these tariffs,
[01:49:42] and he's also bullying and really acting in pretty bizarre
[01:49:46] ways. You know, Lake America, Canada is the 51st state,
[01:49:51] the governor of Canada. All of this has nothing to do with
[01:49:55] advancing economic interest on our side of the border at your
[01:50:00] expense,
[01:50:01] which you might understand even though I would repudiate. Yeah,
[01:50:04] but it has to do with his ego. Well, look,
[01:50:06] there have been a lot of ad hominem attacks against the
[01:50:10] Prime Minister and Ed Hydroderm, attacks against Lake Ontario
[01:50:13] trying to call out Lake America. So there there is a personal
[01:50:17] nature to this. And you've called this a reckless trade
[01:50:20] war. Canada calls it a trade war. We define it on our screen
[01:50:23] right now below you, Canada, U.S. trade war. Jameson Greer
[01:50:26] criticized Canada, saying it's just business when
[01:50:29] he says he wants
[01:50:31] you make of that. Go ahead. No, I heard him. He diminished it
[01:50:35] and he said it's only 5% and what's the big deal? Well,
[01:50:38] he wasn't with us in Jay, Vt, where that company I mentioned
[01:50:42] they can lose sales of their vehicles and they,
[01:50:46] their company literally could go out of business with this
[01:50:49] 50% tariff. We have a cheese company that has a $1 million
[01:50:53] machine at the border to come into Vermont. They're going to
[01:50:57] have to pay $500, 000 more to get it and that
[01:51:00] sale will go through.
[01:51:02] So Jamison Greer is diminishing the day-to-day reality,
[01:51:06] the everyday reality of folks who have spent their lives
[01:51:10] building companies on your side of the border and ours. He's a
[01:51:15] very smart guy, Jamison is, but he's got to do the work of
[01:51:19] the president. But that that is totally wrong,
[01:51:23] what he said and really disrespectful of folks who have
[01:51:27] enterprises on both sides of the border. We we had on our
[01:51:31] show last night Canada's former ambassador to the United States,
[01:51:35] Kirsten Hillman, who was the lead negotiator
[01:51:37] during the first phase of these renegotiations. And her
[01:51:41] assessment of essentially what the United States is asking for
[01:51:44] here is from Mark Carney. To agree to something which
[01:51:47] cements the economic death of core industries like the auto
[01:51:51] sector and maybe steel here in Canada. And, and,
[01:51:53] and with the stated intention of the United States to read
[01:51:57] industrialize these key sectors on the American side of the
[01:52:00] border. The natural consequence of that is
[01:52:02] industrializing those sectors on the Canadian side of the
[01:52:06] border. Given all of that and the demands and the attacks,
[01:52:09] do you see any kind of a path back to negotiations and any
[01:52:13] kind of a reasonable settlement because it seems scar tissue is
[01:52:17] building up at an alarming rate?
[01:52:20] Well, number one, I agree with her and was so
[01:52:23] profoundly wrong about the president's approach. Is it the
[01:52:26] US threat is not Canada. Canada and the US have to cooperate if
[01:52:31] we're going to be able to have an auto industry that is able
[01:52:35] to withstand the onslaught of China. So what the president is
[01:52:39] doing is going to ultimately hurt the auto industry on both
[01:52:42] sides of the border. But secondly, I do see a way,
[01:52:46] I mean, bottom line here,
[01:52:48] this is just a willful president. He's not being
[01:52:51] advised that what he's doing is making any sense. He's a
[01:52:55] renegade on his own. And the reality of what is happening to
[01:53:00] good people on the Canadian side, in the US side,
[01:53:03] I think in time and hopefully quickly,
[01:53:06] is going to be so compelling that we have to reach an
[01:53:09] agreement.
[01:53:11] Last point I want to make. The president has bragged that the
[01:53:15] USMC, a United States, Mexico, Canada trade agreement that he
[01:53:20] renegotiated is the best agreement we've ever had. You
[01:53:24] know what, he's right. Let's take
[01:53:26] advantage of USMC A. That was where together, by cooperation,
[01:53:31] both sides of the border benefited.
[01:53:34] Senator Welch, Just one last question for me.
[01:53:37] Do you see in the absence of a midterm breakthrough for the
[01:53:41] Democrats in the Senate and the Democrats in in the House,
[01:53:44] which is possible? I don't know how probable it is,
[01:53:47] though, because, you know, elections can change. Do you
[01:53:51] see critical mass anywhere in the Republicans that will come
[01:53:55] to your side on this trade dispute?
[01:53:57] You know, my biggest sadness is when I
[01:54:00] talk to Republicans, they hate tariffs. I mean,
[01:54:03] Republicans are a low tax party. They've always hated tariffs.
[01:54:07] And they won't say that publicly and they won't act in
[01:54:11] their official capacity to essentially stand up for their
[01:54:15] constituents, their companies and defy the,
[01:54:18] the, the, the rampage of the president is
[01:54:21] doing so much harm. I think the elections are going to be very
[01:54:25] important because if, in fact, the voters
[01:54:28] express their view that what Trump is doing is really
[01:54:31] hurting their pocketbook, then the Republican colleagues
[01:54:34] who are silent now will have to step forward for their own
[01:54:38] political salvation because the voters will have spoken.
[01:54:41] Vermont Senator Peter Welch, we always appreciate the time,
[01:54:45] Sir. Thanks for giving us some of it today.
[01:54:49] Thank you.
[01:56:51] A new school year has kicked off with major changes to
[01:56:53] Ontario Student Assistance Program,
[01:56:55] which is better known as OSAP. The province slashed the amount
[01:56:59] of money eligible students can get in grants. I spoke with
[01:57:03] several students who broke down their funding for us and their
[01:57:06] totals vary quite a bit. Here's what I learned. Let's start
[01:57:10] with third year student Jack Masco. He's studying urban and
[01:57:13] regional planning at Toronto Metropolitan University. For
[01:57:17] the 20252026 school year, Masco got $6286 in grants and
[01:57:20] 3872
[01:57:22] dollars in loans. Now compare that to this academic year
[01:57:25] where he got $4897.00 in grants and $6530 in loans. The change
[01:57:29] means Masco is getting over $1000 less in grants and taking
[01:57:34] just over $2500 more in loans. He says it's a pretty
[01:57:38] considerable difference. I I've I've previously worked part
[01:57:42] time during school and it did get quite difficult to do
[01:57:46] shifts, especially around exam season.
[01:57:49] But this kind of upcoming
[01:57:51] academic year, I'm basically, I have told myself that like I
[01:57:55] just need to sort of push through. I need to just work.
[01:57:58] The changes are affecting college students too. Peter
[01:58:01] Chando just entered his third year at Sheridan College and
[01:58:05] Experiential Design. He went back to school to try and gain
[01:58:08] a competitive edge in the workforce. For this academic
[01:58:11] year, he got about $3000 less in
[01:58:13] grants and just over $2000 more in loans. The changes have him
[01:58:17] questioning whether going back to school was the right choice.
[01:58:21] Looking to rescale and sort of stay competitive in the
[01:58:25] marketplace. Meaning I do have my usual builds that I had
[01:58:28] before all of my rent. I had a car,
[01:58:30] which you can't get rid of when you go back to school. Now,
[01:58:34] because OSAP eligibility criteria is very complex,
[01:58:37] not every student is going to be taking on more loans and
[01:58:40] getting less grants from these cuts. For graduate student
[01:58:44] Gabrielle Tyree, she's getting less of both.
[01:58:46] She's applying for OSAP by semester. This fall semester,
[01:58:49] she's getting $816.00 less in grants and 2002
[01:58:52] $149 less in loans when compared to the same time last
[01:58:56] year. That change caught her by surprise. I had made the
[01:58:59] assumption that like, I wasn't one of those people
[01:59:02] who were receiving a majority in grants or anything,
[01:59:05] so I thought that I would be somewhat unaffected. The cuts
[01:59:09] are also making students like Haley DeSantis rethink plans
[01:59:13] for a graduate degree. She wants to go into counseling,
[01:59:16] which typically requires a masters. I was planning to go
[01:59:19] to straight after my degree if accepted,
[01:59:22] but now I've kind of reconsidered.
[01:59:24] I think I'm just gonna try maybe do like a grad
[01:59:27] certificate where in work and then pay off my debt before I
[01:59:31] even go to think about doing a masters. DeSantis didn't get
[01:59:35] hit too hard with the cuts, only receiving $112 less in
[01:59:38] grants and taking on 276 dollars more in loans this year.
[01:59:42] But still those changes cause her worry. People will probably
[01:59:46] say it's only a couple of 100, but like with me,
[01:59:49] that's a that's a big determining factor. I came from
[01:59:52] a low income family and so I didn't
[01:59:55] think I was gonna be able to fund university or college. And
[01:59:58] then folks up really did. It was a support there and I think
[02:00:02] that support is very necessary for students in this day and
[02:00:05] age. The OSAP cuts are affecting each student
[02:00:08] differently. Some may be able to shoulder it,
[02:00:11] while others might have to rethink their finances and
[02:00:14] postgraduation plans. Alinas Nesterenko. CBC News Toronto.
[02:00:25] (♪) >> Ian: TONIGHT, OTTAWA TRIES TO
[02:00:28] REASSURE CANADIANS AFTER DONALD
[02:00:31] TRUMP HAD A VOLLEY OF NEW MEASURES.
[02:00:34] >> WE DON'T WANT TO ESCALATE,
[02:00:36] BUT WE KNOW HOW TO RESPOND. >> Ian: AS OTTAWA CONSIDERS ITS
[02:00:39] NEXT MOVE, BUSINESSES TRY TO MAKE SENSE OF WHAT EXACTLY THE
[02:00:42] IMPACT WILL BE. >> I, FRANKLY, AM MORE CONCERNED
[02:00:45] JUST ABOUT THE TENURE OF THE DEBATE AND THE DIRECTION OF
[02:00:48] TRAVEL HERE IS CLEARLY NOT POSITIVE.
[02:00:51] >> Ian: PLUS A DIRE WARNING FROM A PROMINENT RESEARCHER THAT