CCTV13 — broadcast
20260826 143000 UTC
231 transcript segments
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[00:00:44] The path of development of Chinese enterprises is achieved by branding. To take brand
[00:00:48] building and brand strategy as a long-term economic
[00:00:52] development strategy.
[00:00:54] 。
[00:01:24] Continuously cultivate and equip the manufacturing industry with new productivity,
[00:01:28] so that it can be built
[00:02:00] into a brand that goes global.
[00:02:30] What direction will this dispute develop in next? Please
[00:02:33] watch Global Vision .
[00:02:36] 。
[00:02:44] Good evening everyone, welcome to Global Vision, which is currently broadcasting on the news channel. I am He
[00:02:48] Yan Ke. Faced with the US's step-by-step tariff pressure,
[00:02:51] Canada announced on the 25th that it would impose retaliatory tariffs on about 700 types of US goods.
[00:02:55] Why did Canada choose to stand up against the White House?
[00:02:59] What impact will its counterattack have? The White House
[00:03:02] threatened to rename Lake Ontario to Lake America. How will this economic and political shock
[00:03:06] caused by the tariff dispute escalate?
[00:03:10] For these topics, we have invited two guests today: Mr. Yang Xiyu, a researcher at the China Institute of International Studies,
[00:03:14] welcome. Mr. Wei Liang, a researcher at the International Technology and Economic Research Institute of the Development Research Center of the State Council,
[00:03:18] welcome. First, let's learn about the latest situation of Canada's announcement to impose
[00:03:22] retaliatory tariffs on the US through a short video.
[00:03:25] The Canadian federal government announced on the 25th
[00:03:30] that it would impose retaliatory tariffs of 15% to 50%
[00:03:33] on more than 700 types of US goods worth 27.6 billion Canadian dollars,
[00:03:37] or about 133.8 billion yuan. The goods involved include steel,
[00:03:40] dairy products, home appliances,
[00:03:44] agricultural equipment, and other fields. The relevant measures will officially
[00:03:48] take effect on September 8th.
[00:03:50] 。
[00:03:57] rate for rate . In addition to retaliatory tariffs, the Canadian
[00:04:01] government also announced the launch of a 7.5 billion Canadian dollar
[00:04:05] aid program, focusing on supporting small and medium-sized enterprises affected by the trade war,
[00:04:09] and calling on Canadians to prioritize buying domestic products.
[00:04:13] The US-Canada trade negotiations failed to reach an agreement recently. After
[00:04:16] Carney announced that Canada would implement equivalent retaliatory tariff measures,
[00:04:20] US President Trump issued a statement on the 24th, saying that
[00:04:24] from January 1, 2027, tariffs on Canadian automobiles,
[00:04:28] auto parts, and steel
[00:04:33] would be increased. Canada later stated that it was not surprised by the US response.
[00:04:37] I think he would like Canada to come to the
[00:04:40] table and negotiate in good faith. They were
[00:04:44] offered quite a good deal last
[00:04:46] week, they chose to reject it. It's not a
[00:04:49] surprise for us that the US would take some form
[00:04:53] of uh reprisal. But
[00:04:56] what messages that send to the workers in Michigan and
[00:05:29] On the other hand, according to the Associated Press, US Agriculture Secretary Rollins admitted on the 25th that the current trade dispute between the US and Canada would cause concern among US farmers and loggers, but he still insisted that he believed the US would ultimately
[00:05:32] remain a beneficiary. The Washington Post reported on the 24th
[00:05:36] that many US industries actually rely heavily on Canada.
[00:05:40] Data from US official agencies show that nearly 80% of the fertilizers
[00:05:44] used by US farmers each year come from Canada.
[00:05:47] Many northern US states use electricity generated by Canadian hydropower.
[00:05:51] It is worth noting that although Canada
[00:05:54] announced a suspension of trade negotiations with the US, US Vice President Pence
[00:05:58] stated on the 24th that US-Canada trade negotiations
[00:06:02] are still ongoing. In response, Canadian Prime Minister Carney
[00:06:06] stated on the same day that the US must
[00:06:10] respect Canada's sovereignty and independence. Only when the US takes
[00:06:13] the correct attitude towards Canada will Canada return to the negotiating
[00:06:17] table. In the past two days, Canadian and American informed sources and media have successively
[00:06:21] revealed the inside story and chaotic situation of the breakdown of negotiations. Many media outlets
[00:06:25] reported on the 24th that US Secretary of Commerce Wilbur Ross
[00:06:29] put forward a series of new demands at the final stage of the US-Canada trade negotiations, leading to the breakdown of talks between the two sides.
[00:06:33] Some analysts said that factors such as the chaotic leadership
[00:06:37] within the US negotiating team also increased the difficulty for Canada and the US to resume
[00:06:41] negotiations.
[00:07:13] The customized list reflects that Canada is preparing to precisely counter
[00:07:17] the US's economic coercion. Everyone
[00:07:20] can see that Canada's customized list is not made at will,
[00:07:24] but has been carefully considered.
[00:07:28] It focuses on areas where Canada's domestic production is relatively
[00:07:31] abundant, so that when it reduces exports to the United States, it can be self-sufficient,
[00:07:35] and at the same time, it can impact the US industry with such
[00:07:39] goods. So, including its total value, it is also meticulously
[00:07:43] designed. Converted to US dollars, it is about 20 billion US dollars.
[00:07:46] It should be said that this aspect is reciprocal. So, from its specific breakdown,
[00:07:50] the highest tariff rates are on steel and aluminum.
[00:07:54] This industry is Canada's advantageous industry, and at the same time,
[00:07:58] it is also an advantageous industry for the United States. So, under such a situation, it can protect Canada's
[00:08:02] industry and also impact the US steel and aluminum industry. Everyone knows
[00:08:06] that the steel and aluminum industry is currently
[00:08:09] a supporter of the White House and the Republican Party.
[00:08:34] This is actually aimed at farmers and loggers in the Midwest of the United States. We also talked about this in our video just now. So, these people
[00:08:38] are, it should be said, supporters of the Republican Party,
[00:08:42] and at the same time, in these years, they have suffered
[00:08:46] from the White House's economic coercion policies.
[00:08:49] Therefore, Canada's imposition of tariffs on these
[00:08:53] areas actually hit a sore spot for the United States.
[00:08:57] And it should be said that among these factors, there are also
[00:09:01] some considerations for Canada to support its own industries, such as its lumber. In this regard,
[00:09:05] it is not just Canada fighting back against the United States, but rather that Canada
[00:09:09] itself has a great advantage in North America and globally.
[00:09:13] Therefore, it also took this opportunity to encourage its own industries, and at the same time, impact
[00:09:16] the US industries in this area, forming a two-birds-with-one-stone effect.
[00:09:20] Of course, from its overall countermeasure layout,
[00:09:24] it is probably not limited to this.
[00:09:28] Including the Canadian government also proposed that
[00:09:32] in the future, it will develop economic and trade diversification,
[00:09:36] and find more economic and trade partners. In fact, this also
[00:09:39] sends a signal to the United States that it needs to realize that the United States and Canada
[00:10:56] But there's one thing. This time, the counterattack played two cards. First,
[00:11:00] it's the domestic political card, which means that currently, over 60% of Canadian
[00:11:03] public opinion polls support the Carney
[00:11:07] government's counterattack against the United States, especially against
[00:11:10] the party's countermeasure. This is the Canadian version of the party's countermeasure. This is dollar
[00:11:14] for dollar, tariff for tariff. The common
[00:11:18] people all support it, so he has this confidence. What else is there?
[00:11:22] This is a realistic political card, and there's also
[00:11:26] a planned strategic card. What is it? Canada, as we all know, in January,
[00:11:30] Prime Minister Carney proposed the idea of a middle power.
[00:11:34] The core of this strategic plan he put forward in January
[00:11:37] is to reduce its reliance on the United States, including economic
[00:11:41] reliance, political reliance, and strategic reliance. And this time,
[00:11:45] the determination to fight back is because, as I just said, 70% of my
[00:11:49] trade, such a large country, 70% of its trade is with the United States.
[00:11:52] Look, the Prime Minister of Canada said something. Non-US trade.
[00:11:56] 。
[00:12:03] The small portion is called non-US trade. Among non-US trade, the biggest partner is the UK,
[00:12:07] with only over 30 billion US dollars. The second largest, China, only
[00:12:10] over 24 billion US dollars. The third largest is Vietnam, only over 11 billion
[00:12:14] US dollars. It's in the tens of billions. But with the US, it's in the hundreds of billions. You can
[00:12:18] imagine the gap.
[00:12:19] 。
[00:12:22] So I want to reduce it. So this time.
[00:12:55] a painful experience. So, these two cards, one is the realistic domestic
[00:12:59] political and public opinion card, and the other is a long-term strategic plan card,
[00:13:02] which determines that he will continue to play these two cards. It's time to state one's position,
[00:13:06] although this decision is also very,
[00:13:10] painful. In addition, we saw that after Canada decided to impose
[00:13:14] retaliatory measures on the US, US President Trump
[00:13:18] announced that from January 1st next year, tariffs on Canadian automobiles, automobile parts, and
[00:13:21] steel products would be increased to 50%.
[00:13:55] In this process, whether it is the United States or Canada,
[00:13:58] both are carefully designing their cards.
[00:14:02] Every card probably hits the other party's pain point.
[00:14:06] This time, Canada is also like this. So, in such
[00:14:10] a process, in fact, it has, to a certain extent,
[00:14:14] tempered Canada's ability to engage in economic and trade
[00:14:18] competition with the United States. It carefully calculated
[00:14:21] what cards it could play, just as Professor Yang said,
[00:14:25] it is at a disadvantage in absolute terms. So, since it is at a disadvantage, it must
[00:14:29] more carefully evaluate in what
[00:14:32] areas it can counter and fight back against the United States.
[00:14:36] Therefore, this time, while imposing tariffs,
[00:14:40] it announced a large-scale subsidy program,
[00:14:44] meaning that it must promote the effectiveness of its countermeasures,
[00:14:48] both hurting the United States and protecting
[00:14:52] its own people. On the one hand,
[00:15:25] It actually shows such a symbolic meaning.
[00:15:28] Although Canada is indeed weaker than the United States in terms of economic
[00:15:32] absolute value, as Professor Yang said, for example, as mentioned just now,
[00:15:36] its main export is to the United States, and 2 million people
[00:15:39] rely on this for their livelihood.
[00:15:43] However, the United States' reliance on it
[00:15:47] is also very great,
[00:15:50] actually constituting a single point of vulnerability in the US economic structure. As we mentioned
[00:15:54] in the video just now, including its crude oil,
[00:15:58] and other resource products.
[00:16:01] The United States is extremely reliant on Canada. Under such circumstances, since Canada
[00:16:05] has taken such a stance.
[00:17:37] back to the United States, and finally assembled in Canada, in any case, a car can
[00:17:41] cross the border several times to be completed. Therefore, when these two
[00:17:45] countries fight, it's really hard to tell who is hurt more lightly and who is hurt
[00:17:48] more severely. Therefore, the United States itself also knows that if it really jumps down, it will also suffer.
[00:17:52] This is after the mid-term elections come,
[00:17:55] so now he has left a time
[00:17:59] window. Forcing Canada, if you don't save the economy, I will jump
[00:18:03] with you. This is also Trump's way.
[00:19:37] you have to remember, Canada is a state, sorry,
[00:19:40] frodian, that was actually
[00:19:44] accident,
[00:19:48] Canada is a country that has
[00:19:51] underinvested in its military that quite literally would get invaded by
[00:19:54] foreign country were it not for the umbrella of protection provided by the
[00:19:58] United States of
[00:19:59] America. This caused public opposition.
[00:20:05] i really want us to go back.
[00:20:08] to the very friendly, economically
[00:20:11] beneficial relationship that we have with
[00:20:14] our Canadian neighbors. We
[00:20:17] produce a lot of man, our blueberries, our
[00:20:21] potatoes, our lobster, our
[00:20:23] lumber that is processed across
[00:20:27] the border, if it comes back with huge
[00:20:30] terrif fun, perhaps as much as
[00:20:33] 50%, that increases the...
[00:20:37] cost of eating, building homes
[00:20:40] and merchanting our best
[00:20:44] known product, so I have voted
[00:20:47] repeatedly against the Canadian. The criticism from
[00:20:51] Democrats was even more direct.
[00:20:53] 。
[00:20:57] State Democratic federal senatorial candidate Seade said.
[00:21:04] In January this year, Canadian Prime Minister Carney stated at the Davos Forum
[00:21:08] that the rules-based international order had broken down.
[00:21:11] So-called middle powers must unite. The Associated Press pointed out
[00:21:15] that the US's new tariff crackdown has turned Carney's previous warning into reality.
[00:21:19] Former Swedish Prime Minister Carl Bildt said that Canada
[00:21:23] is demonstrating its ability to compete with the US in trade negotiations,
[00:21:27] and he expects this approach will prompt the European Union and Japan to reconsider
[00:21:31] whether they should change their previous soft attitude towards the US.
[00:21:34] To rename Lake Ontario to Lake America,
[00:21:38] why did the White House target this lake this time, especially against the backdrop of escalating trade conflicts?
[00:21:42] What signal did it send? First,
[00:21:46] this is a reaction that says what? America First is no longer American politics.
[00:23:20] Basically, annual income and expenditure are balanced, basically
[00:23:23] a draw. So, Canada's tax increase will make it
[00:23:27] change its expectations after this autumn harvest, meaning whether it will continue to work next year, or whether it can continue to work, has become a
[00:23:31] problem. So, this problem, this kind of resentment will be reflected
[00:23:35] in the mid-term elections at the end of the year,
[00:23:39] making it so that the White House and the Republican Party are actually
[00:23:42] facing a situation where what was originally their solid support base
[00:23:46] is now at an increasing risk of change. Mm.
[00:24:50] must keep this agreement. But under the cruel
[00:24:54] reality, they also realized that such an idea
[00:24:57] is actually an illusion, and it cannot be realized
[00:25:01] under the economic coercion of the United States. Therefore, Canada has only now
[00:25:05] changed their approach and position in bargaining with the United States.
[00:25:09] This approach and position are actually exemplary and contagious. If
[00:25:13] Canada can win some favorable positions,
[00:25:17] then it is very clear that other countries will also deal with the United States.
[00:27:34] This extreme and rapid weather change makes it difficult for crops to
[00:27:38] adapt. Because the roots of drought-tolerant crops are weak, sudden heavy
[00:27:41] rains will cause root rot and outbreaks of diseases and pests, leading to
[00:27:45] reduced yields or even total crop failure. In cities,
[00:27:49] prolonged drought makes drainage pipe networks and rivers
[00:27:53] lack rain for a long time, making them prone to siltation and blockage,
[00:27:57] and drainage efficiency decreases. When heavy rains come,
[00:28:00] low-lying areas, under bridges,
[00:28:26] After the rain, it is necessary to promptly drain water from farmland, loosen the soil to protect the roots, prevent diseases, and protect seedlings. All localities should quickly complete drought resistance and flood control
[00:28:30] work, and shift the focus.