Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:44The path of development of Chinese enterprises is achieved by branding. To take brand
00:00:48building and brand strategy as a long-term economic
00:00:52development strategy.
00:00:54。
00:01:24Continuously cultivate and equip the manufacturing industry with new productivity,
00:01:28so that it can be built
00:02:00into a brand that goes global.
00:02:30What direction will this dispute develop in next? Please
00:02:33watch Global Vision .
00:02:36。
00:02:44Good evening everyone, welcome to Global Vision, which is currently broadcasting on the news channel. I am He
00:02:48Yan Ke. Faced with the US's step-by-step tariff pressure,
00:02:51Canada announced on the 25th that it would impose retaliatory tariffs on about 700 types of US goods.
00:02:55Why did Canada choose to stand up against the White House?
00:02:59What impact will its counterattack have? The White House
00:03:02threatened to rename Lake Ontario to Lake America. How will this economic and political shock
00:03:06caused by the tariff dispute escalate?
00:03:10For these topics, we have invited two guests today: Mr. Yang Xiyu, a researcher at the China Institute of International Studies,
00:03:14welcome. Mr. Wei Liang, a researcher at the International Technology and Economic Research Institute of the Development Research Center of the State Council,
00:03:18welcome. First, let's learn about the latest situation of Canada's announcement to impose
00:03:22retaliatory tariffs on the US through a short video.
00:03:25The Canadian federal government announced on the 25th
00:03:30that it would impose retaliatory tariffs of 15% to 50%
00:03:33on more than 700 types of US goods worth 27.6 billion Canadian dollars,
00:03:37or about 133.8 billion yuan. The goods involved include steel,
00:03:40dairy products, home appliances,
00:03:44agricultural equipment, and other fields. The relevant measures will officially
00:03:48take effect on September 8th.
00:03:50。
00:03:57rate for rate . In addition to retaliatory tariffs, the Canadian
00:04:01government also announced the launch of a 7.5 billion Canadian dollar
00:04:05aid program, focusing on supporting small and medium-sized enterprises affected by the trade war,
00:04:09and calling on Canadians to prioritize buying domestic products.
00:04:13The US-Canada trade negotiations failed to reach an agreement recently. After
00:04:16Carney announced that Canada would implement equivalent retaliatory tariff measures,
00:04:20US President Trump issued a statement on the 24th, saying that
00:04:24from January 1, 2027, tariffs on Canadian automobiles,
00:04:28auto parts, and steel
00:04:33would be increased. Canada later stated that it was not surprised by the US response.
00:04:37I think he would like Canada to come to the
00:04:40table and negotiate in good faith. They were
00:04:44offered quite a good deal last
00:04:46week, they chose to reject it. It's not a
00:04:49surprise for us that the US would take some form
00:04:53of uh reprisal. But
00:04:56what messages that send to the workers in Michigan and
00:05:29On 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
00:05:32remain a beneficiary. The Washington Post reported on the 24th
00:05:36that many US industries actually rely heavily on Canada.
00:05:40Data from US official agencies show that nearly 80% of the fertilizers
00:05:44used by US farmers each year come from Canada.
00:05:47Many northern US states use electricity generated by Canadian hydropower.
00:05:51It is worth noting that although Canada
00:05:54announced a suspension of trade negotiations with the US, US Vice President Pence
00:05:58stated on the 24th that US-Canada trade negotiations
00:06:02are still ongoing. In response, Canadian Prime Minister Carney
00:06:06stated on the same day that the US must
00:06:10respect Canada's sovereignty and independence. Only when the US takes
00:06:13the correct attitude towards Canada will Canada return to the negotiating
00:06:17table. In the past two days, Canadian and American informed sources and media have successively
00:06:21revealed the inside story and chaotic situation of the breakdown of negotiations. Many media outlets
00:06:25reported on the 24th that US Secretary of Commerce Wilbur Ross
00:06:29put 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.
00:06:33Some analysts said that factors such as the chaotic leadership
00:06:37within the US negotiating team also increased the difficulty for Canada and the US to resume
00:06:41negotiations.
00:07:13The customized list reflects that Canada is preparing to precisely counter
00:07:17the US's economic coercion. Everyone
00:07:20can see that Canada's customized list is not made at will,
00:07:24but has been carefully considered.
00:07:28It focuses on areas where Canada's domestic production is relatively
00:07:31abundant, so that when it reduces exports to the United States, it can be self-sufficient,
00:07:35and at the same time, it can impact the US industry with such
00:07:39goods. So, including its total value, it is also meticulously
00:07:43designed. Converted to US dollars, it is about 20 billion US dollars.
00:07:46It should be said that this aspect is reciprocal. So, from its specific breakdown,
00:07:50the highest tariff rates are on steel and aluminum.
00:07:54This industry is Canada's advantageous industry, and at the same time,
00:07:58it is also an advantageous industry for the United States. So, under such a situation, it can protect Canada's
00:08:02industry and also impact the US steel and aluminum industry. Everyone knows
00:08:06that the steel and aluminum industry is currently
00:08:09a supporter of the White House and the Republican Party.
00:08:34This 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
00:08:38are, it should be said, supporters of the Republican Party,
00:08:42and at the same time, in these years, they have suffered
00:08:46from the White House's economic coercion policies.
00:08:49Therefore, Canada's imposition of tariffs on these
00:08:53areas actually hit a sore spot for the United States.
00:08:57And it should be said that among these factors, there are also
00:09:01some considerations for Canada to support its own industries, such as its lumber. In this regard,
00:09:05it is not just Canada fighting back against the United States, but rather that Canada
00:09:09itself has a great advantage in North America and globally.
00:09:13Therefore, it also took this opportunity to encourage its own industries, and at the same time, impact
00:09:16the US industries in this area, forming a two-birds-with-one-stone effect.
00:09:20Of course, from its overall countermeasure layout,
00:09:24it is probably not limited to this.
00:09:28Including the Canadian government also proposed that
00:09:32in the future, it will develop economic and trade diversification,
00:09:36and find more economic and trade partners. In fact, this also
00:09:39sends a signal to the United States that it needs to realize that the United States and Canada
00:10:56But there's one thing. This time, the counterattack played two cards. First,
00:11:00it's the domestic political card, which means that currently, over 60% of Canadian
00:11:03public opinion polls support the Carney
00:11:07government's counterattack against the United States, especially against
00:11:10the party's countermeasure. This is the Canadian version of the party's countermeasure. This is dollar
00:11:14for dollar, tariff for tariff. The common
00:11:18people all support it, so he has this confidence. What else is there?
00:11:22This is a realistic political card, and there's also
00:11:26a planned strategic card. What is it? Canada, as we all know, in January,
00:11:30Prime Minister Carney proposed the idea of a middle power.
00:11:34The core of this strategic plan he put forward in January
00:11:37is to reduce its reliance on the United States, including economic
00:11:41reliance, political reliance, and strategic reliance. And this time,
00:11:45the determination to fight back is because, as I just said, 70% of my
00:11:49trade, such a large country, 70% of its trade is with the United States.
00:11:52Look, the Prime Minister of Canada said something. Non-US trade.
00:11:56。
00:12:03The small portion is called non-US trade. Among non-US trade, the biggest partner is the UK,
00:12:07with only over 30 billion US dollars. The second largest, China, only
00:12:10over 24 billion US dollars. The third largest is Vietnam, only over 11 billion
00:12:14US dollars. It's in the tens of billions. But with the US, it's in the hundreds of billions. You can
00:12:18imagine the gap.
00:12:19。
00:12:22So I want to reduce it. So this time.
00:12:55a painful experience. So, these two cards, one is the realistic domestic
00:12:59political and public opinion card, and the other is a long-term strategic plan card,
00:13:02which determines that he will continue to play these two cards. It's time to state one's position,
00:13:06although this decision is also very,
00:13:10painful. In addition, we saw that after Canada decided to impose
00:13:14retaliatory measures on the US, US President Trump
00:13:18announced that from January 1st next year, tariffs on Canadian automobiles, automobile parts, and
00:13:21steel products would be increased to 50%.
00:13:55In this process, whether it is the United States or Canada,
00:13:58both are carefully designing their cards.
00:14:02Every card probably hits the other party's pain point.
00:14:06This time, Canada is also like this. So, in such
00:14:10a process, in fact, it has, to a certain extent,
00:14:14tempered Canada's ability to engage in economic and trade
00:14:18competition with the United States. It carefully calculated
00:14:21what cards it could play, just as Professor Yang said,
00:14:25it is at a disadvantage in absolute terms. So, since it is at a disadvantage, it must
00:14:29more carefully evaluate in what
00:14:32areas it can counter and fight back against the United States.
00:14:36Therefore, this time, while imposing tariffs,
00:14:40it announced a large-scale subsidy program,
00:14:44meaning that it must promote the effectiveness of its countermeasures,
00:14:48both hurting the United States and protecting
00:14:52its own people. On the one hand,
00:15:25It actually shows such a symbolic meaning.
00:15:28Although Canada is indeed weaker than the United States in terms of economic
00:15:32absolute value, as Professor Yang said, for example, as mentioned just now,
00:15:36its main export is to the United States, and 2 million people
00:15:39rely on this for their livelihood.
00:15:43However, the United States' reliance on it
00:15:47is also very great,
00:15:50actually constituting a single point of vulnerability in the US economic structure. As we mentioned
00:15:54in the video just now, including its crude oil,
00:15:58and other resource products.
00:16:01The United States is extremely reliant on Canada. Under such circumstances, since Canada
00:16:05has taken such a stance.
00:17:37back to the United States, and finally assembled in Canada, in any case, a car can
00:17:41cross the border several times to be completed. Therefore, when these two
00:17:45countries fight, it's really hard to tell who is hurt more lightly and who is hurt
00:17:48more severely. Therefore, the United States itself also knows that if it really jumps down, it will also suffer.
00:17:52This is after the mid-term elections come,
00:17:55so now he has left a time
00:17:59window. Forcing Canada, if you don't save the economy, I will jump
00:18:03with you. This is also Trump's way.
00:19:37you have to remember, Canada is a state, sorry,
00:19:40frodian, that was actually
00:19:44accident,
00:19:48Canada is a country that has
00:19:51underinvested in its military that quite literally would get invaded by
00:19:54foreign country were it not for the umbrella of protection provided by the
00:19:58United States of
00:19:59America. This caused public opposition.
00:20:05i really want us to go back.
00:20:08to the very friendly, economically
00:20:11beneficial relationship that we have with
00:20:14our Canadian neighbors. We
00:20:17produce a lot of man, our blueberries, our
00:20:21potatoes, our lobster, our
00:20:23lumber that is processed across
00:20:27the border, if it comes back with huge
00:20:30terrif fun, perhaps as much as
00:20:3350%, that increases the...
00:20:37cost of eating, building homes
00:20:40and merchanting our best
00:20:44known product, so I have voted
00:20:47repeatedly against the Canadian. The criticism from
00:20:51Democrats was even more direct.
00:20:53。
00:20:57State Democratic federal senatorial candidate Seade said.
00:21:04In January this year, Canadian Prime Minister Carney stated at the Davos Forum
00:21:08that the rules-based international order had broken down.
00:21:11So-called middle powers must unite. The Associated Press pointed out
00:21:15that the US's new tariff crackdown has turned Carney's previous warning into reality.
00:21:19Former Swedish Prime Minister Carl Bildt said that Canada
00:21:23is demonstrating its ability to compete with the US in trade negotiations,
00:21:27and he expects this approach will prompt the European Union and Japan to reconsider
00:21:31whether they should change their previous soft attitude towards the US.
00:21:34To rename Lake Ontario to Lake America,
00:21:38why did the White House target this lake this time, especially against the backdrop of escalating trade conflicts?
00:21:42What signal did it send? First,
00:21:46this is a reaction that says what? America First is no longer American politics.
00:23:20Basically, annual income and expenditure are balanced, basically
00:23:23a draw. So, Canada's tax increase will make it
00:23:27change 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
00:23:31problem. So, this problem, this kind of resentment will be reflected
00:23:35in the mid-term elections at the end of the year,
00:23:39making it so that the White House and the Republican Party are actually
00:23:42facing a situation where what was originally their solid support base
00:23:46is now at an increasing risk of change. Mm.
00:24:50must keep this agreement. But under the cruel
00:24:54reality, they also realized that such an idea
00:24:57is actually an illusion, and it cannot be realized
00:25:01under the economic coercion of the United States. Therefore, Canada has only now
00:25:05changed their approach and position in bargaining with the United States.
00:25:09This approach and position are actually exemplary and contagious. If
00:25:13Canada can win some favorable positions,
00:25:17then it is very clear that other countries will also deal with the United States.
00:27:34This extreme and rapid weather change makes it difficult for crops to
00:27:38adapt. Because the roots of drought-tolerant crops are weak, sudden heavy
00:27:41rains will cause root rot and outbreaks of diseases and pests, leading to
00:27:45reduced yields or even total crop failure. In cities,
00:27:49prolonged drought makes drainage pipe networks and rivers
00:27:53lack rain for a long time, making them prone to siltation and blockage,
00:27:57and drainage efficiency decreases. When heavy rains come,
00:28:00low-lying areas, under bridges,
00:28:26After 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
00:28:30work, and shift the focus.