TELEARUBA — broadcast
20260825 103000 UTC
315 transcript segments
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[00:00:00] Come on, the concern is for the
[00:00:00] the extreme
[00:00:02] more severe conditions, in fact, what common Cuban. We face the world.
[00:00:05] Who will finance
[00:00:38] Trump administration, part of the officials of
[00:00:49] potential opponent, elections that will be
[00:00:59] in other relevant clubs, today he is president of
[00:01:38] These are some of the most important news at this time: in
[00:01:39] what
[00:01:42] the midst of the tariff disagreement between the governments of the United States and Canada, the
[00:01:46] US Treasury Secretary Scott Bessent assured that the Prime Minister of
[00:01:49] Canada is anti-American and anti-
[00:01:52] Trump and questioned whether Mark Carney truly acts in the
[00:01:55] best interests of the Canadian people during a press
[00:01:59] conference this Monday. Vessen said that unfortunately, Prime Minister Carney
[00:02:02] came to power with an anti-American and anti-Trump platform, and
[00:02:06] when asked if President Trump still wants Canada to
[00:02:10] become another state of the United States, the 51st state,
[00:02:14] Bessent replied that Trump would like Canada to
[00:02:18] return to the negotiating table and negotiate in good faith. Last
[00:02:22] week he offered them a pretty good deal, he said, and Canada decided
[00:02:25] to reject it. The Department of Homeland Security estimates that
[00:02:29] up to $8.8 billion a year would be collected
[00:02:33] with the proposed quota fee of more than $100,000 for
[00:02:37] h1b visa
[00:02:39] which in two days will be, let's say, what applications for skilled workers to the United States.
[00:02:41] The regulation would replace another that was proposed by the Trump administration and was
[00:02:45] halted by a federal court last year. The number
[00:02:49] of H1B visas is limited to 65,000
[00:02:54] inflation, believes that if a year with an additional 20,000 for foreigners who have obtained a master's or higher
[00:02:57] degree from a higher education institution. in that
[00:03:00] country, an important legal victory, President
[00:03:04] Trump scored, although it is temporary, by ruling for now
[00:03:07] illegal part of China that may exist in in favor, the Supreme Court of Justice, in favor of the attempt
[00:03:11] to impose new and broad restrictions on the distribution of mail-in
[00:03:14] ballots, this ruling comes 72 days before November
[00:03:18] 3rd, the date of the midterm elections, it is not ruled out
[00:03:22] that other legal challenges to this ruling will hinder
[00:03:25] the implementation of this measure before the
[00:03:29] what elections.
[00:03:37] Canadian Prime Minister Mark Carney returns to global tension
[00:03:41] and again for reasons related to the United States, more
[00:03:44] specifically with the Trump administration. In January, during the World
[00:03:48] Economic Forum, Carney spoke of the end of the traditional world order, of
[00:03:51] the importance of diversifying relationships, of seeking business
[00:03:55] with other countries. Already by then we had months of
[00:03:59] evidence that the Trump era brought new rules of the commercial and
[00:04:03] geopolitical game, months later, now the challenge for
[00:04:06] Carney seems more delicate, with 50% tariffs imposed by the United
[00:04:10] States on hundreds of Canadian products and the
[00:04:13] threat of more to come, upon announcing the
[00:04:16] Canadian team and Mark Carney the withdrawal of the commercial negotiating
[00:04:20] team from Washington and when Carney explained
[00:04:23] the decision he spoke of last minute demands that
[00:04:27] would have damaged Canadian sovereignty.
[00:04:30] They asked for a lot and offered very little, Carney said.
[00:04:34] Trump, for his part, has assured that Canada wants the benefits of a state without
[00:04:38] being one. But who would have thought we would be
[00:04:43] point of reference to find out what seeing this chapter of two neighboring countries that for decades signed commercial
[00:04:46] pacts, including the Cufsta in
[00:04:50] 1989 which was later called Nafta with Mexico included in
[00:04:54] 1994. Mark Carney will not have
[00:04:57] golf courses or skyscrapers with his name. nor books on the art of
[00:05:01] negotiation, but he will understand something about negotiating and economics,
[00:05:05] having Carney led the Bank of Canada between 2008 to
[00:05:09] of national interests, so yes, we are in 2013 during the global
[00:05:11] the conduct of a new world, but not with financial crisis. and then led the Bank of
[00:05:14] England between 2013 to 2020, the
[00:05:18] first non-British citizen to preside over that
[00:05:35] Trump warned that more tariffs are coming against Canadian
[00:05:38] products, on his social network he spoke of raising tariffs on Canadian
[00:05:41] vehicles and auto parts. from 25 to 50%, the
[00:05:44] date, January 1st, something that Prime Minister Carney said
[00:05:48] does not surprise him when he had already warned that he would collect dollar for dollar the
[00:05:52] 50% US tariffs that have already been imposed on
[00:05:55] $20 billion of Canadian products, this starting
[00:05:59] on September 8th, he said, listen
[00:06:02] to part of the message from the Prime Minister of
[00:06:04] Canada.
[00:06:12] industries and a true partnership, of course we'll come to the negotiating table. let's be
[00:06:16] clear, there is, well, there is an
[00:06:19] existing uh arrangement between our countries and
[00:06:22] mexico that works, it can be improved,
[00:06:26] there's ways to improve it uh, and we will work uh, we will work to
[00:06:30] improve it uh in ways that are uh to the benefit of
[00:06:33] Canadians, but also to the benefit of Americans and the people of
[00:06:36] Mexico, uh, but
[00:06:39] attitude at the negotiation table.
[00:06:43] that Canada is a subsidiary of the United States, the Canadian
[00:06:47] industry is going to be disadvantaged
[00:06:51] relative to American industry, that we're going
[00:06:53] to set up terms so that over time Canadian industry
[00:06:57] is going to face constant
[00:06:59] Headwinds,
[00:07:03] we did make some progress in recent weeks, in the end that momentum
[00:07:07] reversed and we could not accept what the US
[00:07:11] had offered.
[00:07:27] that on this side of the US-Mexico border, the government
[00:07:30] is attentive to the commercial drama, although today,
[00:07:34] this Monday, President Claudia Sheinbaum says she is optimistic about reaching an agreement with
[00:07:38] the United States to avoid more tariffs, remember that we have
[00:07:41] imposed tariffs. Well, she recalled that Mexico faces 50%
[00:07:45] tariffs on aluminum, steel and its derivatives, 25% on
[00:07:48] vehicles, something that she assured her government has sought
[00:07:51] to reduce in the last year, listen to the
[00:07:53] president.
[00:07:56] Marcelo Ebrard is in the United States today,
[00:07:59] uh, he's going to stay these days,
[00:08:02] because as President Trump said, we hope to reach an
[00:08:06] agreement with the United States, this agreement that has to
[00:08:08] guarantee, well, the welfare of Mexico and the welfare of
[00:08:12] the United States, each from its own perspective
[00:08:16] and well, we're going to
[00:08:19] wait this week to see how things are, I'm
[00:08:23] optimistic week
[00:08:26] Well, Alfonso Guajardo, Mexico's Secretary of Economy, former chief negotiator
[00:08:30] of USMCA, also a consultant for these rounds of negotiations,
[00:08:34] uh, I'm going to say it here on air, Alfonso, first, it's good to have you
[00:08:37] here in person, second, you and I started talking on Saturday when the
[00:08:41] drama was in full swing, uh, what happened, Carney
[00:08:44] already said it, but what are you seeing? Well, we are
[00:08:48] seeing something that should be expected from an
[00:08:51] administration like Donald Trump's administration, uh,
[00:08:55] Jamieson Greed in good faith began this approach with the
[00:08:59] Canadians, which by the way took Mexico by
[00:09:02] surprise, because we did not expect that since
[00:09:06] we were the best behaved in relation to the
[00:09:09] Canadians, there would be a scenario where the Canadians had an
[00:09:12] agreement before us, so I think that's why Secretary
[00:09:16] Ebrard quickly went to Washington so that the Americans
[00:09:20] would not leave him hanging with an agreement with the Canadians, well
[00:09:23] fortunately they didn't leave him
[00:09:25] hanging, but it is very unfortunate that the Canadians and the
[00:09:29] Americans did not reach an agreement, the Americans
[00:09:33] here without a doubt e the hot
[00:09:36] potato is in the hands of the Americans due to the internal
[00:09:39] conflict between USTR and the Department of Commerce. That is, there is
[00:09:43] a conflict between the office of the US Trade Representative headed by
[00:09:46] Jamieson Greer and Howard Luckny who is the Secretary of Commerce. What
[00:09:50] kind of difference do you see there? I understand that one wants to represent a
[00:09:53] sector that and I think it is that of
[00:09:56] metal, I think it is rather
[00:09:59] to understand the difference between using as
[00:10:03] a negotiating strategy the threat of raising tariffs, leaving them
[00:10:07] high as we already have them, eh, as
[00:10:10] an instrument and another as
[00:10:12] a permanent strategy and I think that
[00:10:15] here Ludnick and Peter Navarro, who is
[00:10:18] obsessed in tariff terms, arrived at the
[00:10:21] last minute of that negotiation to impose much
[00:10:27] was on the table, Gabriela, don't think it was a panacea, eh, to offer
[00:10:31] your North American partner 15%, just as you
[00:10:35] already offered it to Korea, Japan and the European Union,
[00:10:39] and also demand that we comply with the integration rule of
[00:10:42] 75% plus
[00:10:45] 40% purchased in high-level wages, United States and
[00:10:48] Canada plus the seven essential parts, while you
[00:10:51] don't demand them from Korea, Japan and Europe, then. so it
[00:10:55] is a totally unequal and unfair
[00:10:59] treatment for a commercial partner, but then the
[00:11:03] the Trump administration, is seeing half the movie in the sense of what you and I
[00:11:06] have talked about before, we are going to lose competitiveness due to
[00:11:10] tariffs on steel, aluminum, on components that are from various products, the
[00:11:14] central automotive sector, totally and that is what we are observing
[00:11:17] in the world automobile market when automobiles in North America are
[00:11:21] becoming more expensive and are losing market, but add
[00:11:25] to this that in the Canadian case these
[00:11:28] gentlemen arrived and told them: first, I'm not going to lower the
[00:11:32] 25 for heavy trucks and medium
[00:11:35] trucks, the famous 250 and
[00:11:38] 350, imagine that's where the
[00:11:40] notary industry is, that's why Doug Ford, the Premier of Ontario, the one
[00:11:44] who made the most important alcohol restriction, well, he said how are you going to kill those
[00:11:48] industries, there will be no viability, second they
[00:11:51] asked for something they knew Canada cannot give, which is
[00:11:55] to give support for the permanence of the cultural
[00:11:58] duality with the Quebec issue which is pure
[00:12:01] fire for internal politics, but I'm going to stop
[00:12:04] you there, how is it possible that the Trump administration asks
[00:12:08] for something like that that has to do with the sovereignty of a
[00:12:11] country, I don't understand, no and and add
[00:12:14] another request that also goes against sovereignty,
[00:12:17] to tell you that you will have to impose the tariffs
[00:12:21] we want on your trading partners from other parts of the world, that is.
[00:12:25] they will tell you who you can and cannot make free trade agreements with, that
[00:12:28] for Mexico would be to breach the network of international treaties that we have
[00:12:32] built, but also why should
[00:12:35] it matter to them, we are going to have rules that require us to incorporate
[00:12:38] parts made in the United States, Mexico and Canada does not directly
[00:12:42] affect them in this scheme, if obviously if there is no illegality in the triangulation,
[00:12:46] let's see, you know that they have mentioned Mexico and Canada in the report
[00:12:49] of the office of the representative
[00:12:52] Peter Navarro's report is true from Peter Navarro's office. about the countries that are like
[00:12:56] in that Trojan horse making China evade tariffs, one
[00:12:59] understands the Chinese issue, but to put rules or
[00:13:03] limitations on commercial agreements that a country wants to celebrate with the rest
[00:13:07] of the world, including China, eh, this, come on,
[00:13:10] that cannot be accepted anywhere, now clearly the
[00:13:14] treaty is protected with treaties from China, remember that there is a
[00:13:17] part that says that if you make commercial negotiations with non-market economies you have to
[00:13:21] notify your NAFTA users and they can leave, sorry. USMCA
[00:13:25] and they can leave USMCA, additionally,
[00:13:28] the fact is that the
[00:13:32] the triangulation, they have the tools to stop it, it is
[00:13:36] agreed in the agreement, you can trace the inputs, you can
[00:13:39] make eh sanctions and punishments for those who violate
[00:13:43] that principle and let's connect it with
[00:13:47] Mexico, are we fine, is something going to
[00:13:51] happen to us, are they going to impose last minute conditions,
[00:13:54] are we prepared to first, the fact that the
[00:13:58] negotiation with Canada has derailed puts tremendous pressure on Mexico, the
[00:14:01] pressure right now on Mexican negotiators is
[00:14:04] phenomenal, but also add another issue
[00:14:07] now, they have already shown us that there will be no
[00:14:10] agreements on the table until Trump seals it and that
[00:14:14] is very dangerous, they cannot put on the table
[00:14:18] the probable chips that can be contributed, for example, an important chip is to say,
[00:14:22] let's align ourselves with a strategy
[00:14:25] to stop everything that comes from China
[00:14:28] to be able to build alternatives in North
[00:14:32] America, that can be put on the table, many things can be put on the table, but
[00:14:36] the problem is that now nobody guarantees that you will reach an
[00:14:39] agreement, because first these two who are competing for Trump's attention
[00:14:42] can ruin the arrangement and
[00:14:45] then when Trump comes to the table Trump can screw up the conditions
[00:14:49] again, so we have to be very aware of those stages, in the minute I have
[00:14:53] left, Carney said in January that the international world order is no longer the
[00:14:56] same, eh, well, the USMCA neither, you who
[00:15:00] renegotiated it, what do you call it, how do you see it,
[00:15:03] you can't talk about the North American bloc as easily as
[00:15:06] before, no, totally agree, eh, there is a radical
[00:15:09] change, and also that goes beyond Trump, the pandemic
[00:15:13] itself, the pandemic taught us that we have to return to
[00:15:17] a vision of industrial development, that is not vulnerable to
[00:15:21] value chains that you don't control, and that must fit within geopolitical
[00:15:25] alliances, that, without a doubt, eh, it's no longer just efficiency
[00:15:28] of the model, but there must also be resilience and the defense
[00:15:38] that the White House is putting on the table today, we are fine, Mexico
[00:15:42] is fine for what is coming with these, it is in a difficult moment and
[00:15:45] I would say, as the Canadians have said, a transitional
[00:15:49] non-agreement on tariffs is better than a bad
[00:15:53] agreement, so that is important, hopefully our
[00:15:58] we are to the United States and not just what the United States is to us
[00:16:02] and you just said it very important, all those who today have
[00:16:05] 15 do not buy from
[00:16:08] Mexico and Canada buy from the United
[00:16:27] I want to inform you that the week started with mixed results on the New York stock market,
[00:16:31] a sale of shares of semiconductor companies led the Nasdaq index
[00:16:34] to lose more than 200 points, the S&P 500. ended with a decline of
[00:16:38] a quarter of a percentage point, the Dow Jones industrial average of 30 stocks,
[00:16:42] in contrast, added 140 units, shares have been pressured
[00:16:45] by the rise in yields on sovereign bonds of the United States, but
[00:16:49] also of Japan, France and Germany, among others,
[00:16:52] a reflection of nervousness among investors that the conflict with
[00:16:56] Iran could prolong, keep oil prices high
[00:16:59] and further fuel inflation. In
[00:17:03] the spotlight, the share price of Paramount, after a spokesman for this
[00:17:07] media titan denied that the company leaked confidential discussions
[00:17:10] with the California Attorney General's office to reach a legal agreement and
[00:17:14] obtain approval allowing
[00:17:18] Paramount to acquire Warner Bros. Discovery, the parent company of CNN,
[00:17:22] for $110 billion. Hours earlier, California Attorney General
[00:17:25] Rob Bonta accused Paramount of leaking details
[00:17:29] of a preparatory meeting that took place last Friday,
[00:17:33] announcing, he said, the cancellation of the meeting this
[00:17:36] Monday. Paramount reiterated that it is ready to continue good-faith
[00:17:40] discussions with the
[00:17:40] authority.
[00:17:46] You have 5 minutes. We have five things for
[00:17:49] you, a podcast with the five most important topics of the
[00:17:52] day.
[00:17:57] It's important to have a clear perspective of what's happening in the world, to know
[00:18:01] the different angles of a single event. In Perspectives we
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[00:18:07] happens, we interview the central characters of the
[00:18:11] stories, it's a program where we offer you a broad and
[00:18:15] objective vision of the world we live in, join
[00:18:18] me and learn all the perspectives. Perspectives
[00:18:21] with Mario González, Monday to Friday on
[00:18:24] CNN. I am Mexican British,
[00:18:28] I have been practicing journalism for 20 years, in Mexico
[00:18:32] City, in the United States and now in Miami for
[00:18:35] CNN. CNN. in America is a multi-platform
[00:18:39] program where you will have information from all
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[00:19:00] conversations not to polarize but to integrate
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[00:19:07] excites me the most is to inform, inquire,
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[00:19:25] I'm Juan Carlos López in Washington, we are
[00:19:28] CNN.
[00:19:31] I am Juan Carlos López, welcome to clash of opinions. Diplomacy,
[00:19:35] they know very well what is said in private is not what is said in public, well here
[00:19:39] we know what is said in private, clash of
[00:19:42] opinions on Sunday on CNN.
[00:28:39] The fight this time is that the
[00:28:42] administration wants a sharp cut in interest
[00:28:46] rates to boost the
[00:28:49] economy, but the Fed, which has price stability as one of its two
[00:28:53] mandates, that is, to defend us from
[00:28:56] it does that, if it makes a sharp cut,
[00:29:00] it would trigger inflation
[00:29:02] and a scenario with growth problems
[00:29:06] and at the same time inflation, that is, what is called stagflation,
[00:29:10] that is precisely what the
[00:29:13] Fed of Powell, of Jerome Powell, wants to avoid.
[00:29:16] We are CNN, the