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00:00:00Come on, the concern is for the
00:00:00the extreme
00:00:02more severe conditions, in fact, what common Cuban. We face the world.
00:00:05Who will finance
00:00:38Trump administration, part of the officials of
00:00:49potential opponent, elections that will be
00:00:59in other relevant clubs, today he is president of
00:01:38These are some of the most important news at this time: in
00:01:39what
00:01:42the midst of the tariff disagreement between the governments of the United States and Canada, the
00:01:46US Treasury Secretary Scott Bessent assured that the Prime Minister of
00:01:49Canada is anti-American and anti-
00:01:52Trump and questioned whether Mark Carney truly acts in the
00:01:55best interests of the Canadian people during a press
00:01:59conference this Monday. Vessen said that unfortunately, Prime Minister Carney
00:02:02came to power with an anti-American and anti-Trump platform, and
00:02:06when asked if President Trump still wants Canada to
00:02:10become another state of the United States, the 51st state,
00:02:14Bessent replied that Trump would like Canada to
00:02:18return to the negotiating table and negotiate in good faith. Last
00:02:22week he offered them a pretty good deal, he said, and Canada decided
00:02:25to reject it. The Department of Homeland Security estimates that
00:02:29up to $8.8 billion a year would be collected
00:02:33with the proposed quota fee of more than $100,000 for
00:02:37h1b visa
00:02:39which in two days will be, let's say, what applications for skilled workers to the United States.
00:02:41The regulation would replace another that was proposed by the Trump administration and was
00:02:45halted by a federal court last year. The number
00:02:49of H1B visas is limited to 65,000
00:02:54inflation, believes that if a year with an additional 20,000 for foreigners who have obtained a master's or higher
00:02:57degree from a higher education institution. in that
00:03:00country, an important legal victory, President
00:03:04Trump scored, although it is temporary, by ruling for now
00:03:07illegal part of China that may exist in in favor, the Supreme Court of Justice, in favor of the attempt
00:03:11to impose new and broad restrictions on the distribution of mail-in
00:03:14ballots, this ruling comes 72 days before November
00:03:183rd, the date of the midterm elections, it is not ruled out
00:03:22that other legal challenges to this ruling will hinder
00:03:25the implementation of this measure before the
00:03:29what elections.
00:03:37Canadian Prime Minister Mark Carney returns to global tension
00:03:41and again for reasons related to the United States, more
00:03:44specifically with the Trump administration. In January, during the World
00:03:48Economic Forum, Carney spoke of the end of the traditional world order, of
00:03:51the importance of diversifying relationships, of seeking business
00:03:55with other countries. Already by then we had months of
00:03:59evidence that the Trump era brought new rules of the commercial and
00:04:03geopolitical game, months later, now the challenge for
00:04:06Carney seems more delicate, with 50% tariffs imposed by the United
00:04:10States on hundreds of Canadian products and the
00:04:13threat of more to come, upon announcing the
00:04:16Canadian team and Mark Carney the withdrawal of the commercial negotiating
00:04:20team from Washington and when Carney explained
00:04:23the decision he spoke of last minute demands that
00:04:27would have damaged Canadian sovereignty.
00:04:30They asked for a lot and offered very little, Carney said.
00:04:34Trump, for his part, has assured that Canada wants the benefits of a state without
00:04:38being one. But who would have thought we would be
00:04:43point of reference to find out what seeing this chapter of two neighboring countries that for decades signed commercial
00:04:46pacts, including the Cufsta in
00:04:501989 which was later called Nafta with Mexico included in
00:04:541994. Mark Carney will not have
00:04:57golf courses or skyscrapers with his name. nor books on the art of
00:05:01negotiation, but he will understand something about negotiating and economics,
00:05:05having Carney led the Bank of Canada between 2008 to
00:05:09of national interests, so yes, we are in 2013 during the global
00:05:11the conduct of a new world, but not with financial crisis. and then led the Bank of
00:05:14England between 2013 to 2020, the
00:05:18first non-British citizen to preside over that
00:05:35Trump warned that more tariffs are coming against Canadian
00:05:38products, on his social network he spoke of raising tariffs on Canadian
00:05:41vehicles and auto parts. from 25 to 50%, the
00:05:44date, January 1st, something that Prime Minister Carney said
00:05:48does not surprise him when he had already warned that he would collect dollar for dollar the
00:05:5250% US tariffs that have already been imposed on
00:05:55$20 billion of Canadian products, this starting
00:05:59on September 8th, he said, listen
00:06:02to part of the message from the Prime Minister of
00:06:04Canada.
00:06:12industries and a true partnership, of course we'll come to the negotiating table. let's be
00:06:16clear, there is, well, there is an
00:06:19existing uh arrangement between our countries and
00:06:22mexico that works, it can be improved,
00:06:26there's ways to improve it uh, and we will work uh, we will work to
00:06:30improve it uh in ways that are uh to the benefit of
00:06:33Canadians, but also to the benefit of Americans and the people of
00:06:36Mexico, uh, but
00:06:39attitude at the negotiation table.
00:06:43that Canada is a subsidiary of the United States, the Canadian
00:06:47industry is going to be disadvantaged
00:06:51relative to American industry, that we're going
00:06:53to set up terms so that over time Canadian industry
00:06:57is going to face constant
00:06:59Headwinds,
00:07:03we did make some progress in recent weeks, in the end that momentum
00:07:07reversed and we could not accept what the US
00:07:11had offered.
00:07:27that on this side of the US-Mexico border, the government
00:07:30is attentive to the commercial drama, although today,
00:07:34this Monday, President Claudia Sheinbaum says she is optimistic about reaching an agreement with
00:07:38the United States to avoid more tariffs, remember that we have
00:07:41imposed tariffs. Well, she recalled that Mexico faces 50%
00:07:45tariffs on aluminum, steel and its derivatives, 25% on
00:07:48vehicles, something that she assured her government has sought
00:07:51to reduce in the last year, listen to the
00:07:53president.
00:07:56Marcelo Ebrard is in the United States today,
00:07:59uh, he's going to stay these days,
00:08:02because as President Trump said, we hope to reach an
00:08:06agreement with the United States, this agreement that has to
00:08:08guarantee, well, the welfare of Mexico and the welfare of
00:08:12the United States, each from its own perspective
00:08:16and well, we're going to
00:08:19wait this week to see how things are, I'm
00:08:23optimistic week
00:08:26Well, Alfonso Guajardo, Mexico's Secretary of Economy, former chief negotiator
00:08:30of USMCA, also a consultant for these rounds of negotiations,
00:08:34uh, I'm going to say it here on air, Alfonso, first, it's good to have you
00:08:37here in person, second, you and I started talking on Saturday when the
00:08:41drama was in full swing, uh, what happened, Carney
00:08:44already said it, but what are you seeing? Well, we are
00:08:48seeing something that should be expected from an
00:08:51administration like Donald Trump's administration, uh,
00:08:55Jamieson Greed in good faith began this approach with the
00:08:59Canadians, which by the way took Mexico by
00:09:02surprise, because we did not expect that since
00:09:06we were the best behaved in relation to the
00:09:09Canadians, there would be a scenario where the Canadians had an
00:09:12agreement before us, so I think that's why Secretary
00:09:16Ebrard quickly went to Washington so that the Americans
00:09:20would not leave him hanging with an agreement with the Canadians, well
00:09:23fortunately they didn't leave him
00:09:25hanging, but it is very unfortunate that the Canadians and the
00:09:29Americans did not reach an agreement, the Americans
00:09:33here without a doubt e the hot
00:09:36potato is in the hands of the Americans due to the internal
00:09:39conflict between USTR and the Department of Commerce. That is, there is
00:09:43a conflict between the office of the US Trade Representative headed by
00:09:46Jamieson Greer and Howard Luckny who is the Secretary of Commerce. What
00:09:50kind of difference do you see there? I understand that one wants to represent a
00:09:53sector that and I think it is that of
00:09:56metal, I think it is rather
00:09:59to understand the difference between using as
00:10:03a negotiating strategy the threat of raising tariffs, leaving them
00:10:07high as we already have them, eh, as
00:10:10an instrument and another as
00:10:12a permanent strategy and I think that
00:10:15here Ludnick and Peter Navarro, who is
00:10:18obsessed in tariff terms, arrived at the
00:10:21last minute of that negotiation to impose much
00:10:27was on the table, Gabriela, don't think it was a panacea, eh, to offer
00:10:31your North American partner 15%, just as you
00:10:35already offered it to Korea, Japan and the European Union,
00:10:39and also demand that we comply with the integration rule of
00:10:4275% plus
00:10:4540% purchased in high-level wages, United States and
00:10:48Canada plus the seven essential parts, while you
00:10:51don't demand them from Korea, Japan and Europe, then. so it
00:10:55is a totally unequal and unfair
00:10:59treatment for a commercial partner, but then the
00:11:03the Trump administration, is seeing half the movie in the sense of what you and I
00:11:06have talked about before, we are going to lose competitiveness due to
00:11:10tariffs on steel, aluminum, on components that are from various products, the
00:11:14central automotive sector, totally and that is what we are observing
00:11:17in the world automobile market when automobiles in North America are
00:11:21becoming more expensive and are losing market, but add
00:11:25to this that in the Canadian case these
00:11:28gentlemen arrived and told them: first, I'm not going to lower the
00:11:3225 for heavy trucks and medium
00:11:35trucks, the famous 250 and
00:11:38350, imagine that's where the
00:11:40notary industry is, that's why Doug Ford, the Premier of Ontario, the one
00:11:44who made the most important alcohol restriction, well, he said how are you going to kill those
00:11:48industries, there will be no viability, second they
00:11:51asked for something they knew Canada cannot give, which is
00:11:55to give support for the permanence of the cultural
00:11:58duality with the Quebec issue which is pure
00:12:01fire for internal politics, but I'm going to stop
00:12:04you there, how is it possible that the Trump administration asks
00:12:08for something like that that has to do with the sovereignty of a
00:12:11country, I don't understand, no and and add
00:12:14another request that also goes against sovereignty,
00:12:17to tell you that you will have to impose the tariffs
00:12:21we want on your trading partners from other parts of the world, that is.
00:12:25they will tell you who you can and cannot make free trade agreements with, that
00:12:28for Mexico would be to breach the network of international treaties that we have
00:12:32built, but also why should
00:12:35it matter to them, we are going to have rules that require us to incorporate
00:12:38parts made in the United States, Mexico and Canada does not directly
00:12:42affect them in this scheme, if obviously if there is no illegality in the triangulation,
00:12:46let's see, you know that they have mentioned Mexico and Canada in the report
00:12:49of the office of the representative
00:12:52Peter Navarro's report is true from Peter Navarro's office. about the countries that are like
00:12:56in that Trojan horse making China evade tariffs, one
00:12:59understands the Chinese issue, but to put rules or
00:13:03limitations on commercial agreements that a country wants to celebrate with the rest
00:13:07of the world, including China, eh, this, come on,
00:13:10that cannot be accepted anywhere, now clearly the
00:13:14treaty is protected with treaties from China, remember that there is a
00:13:17part that says that if you make commercial negotiations with non-market economies you have to
00:13:21notify your NAFTA users and they can leave, sorry. USMCA
00:13:25and they can leave USMCA, additionally,
00:13:28the fact is that the
00:13:32the triangulation, they have the tools to stop it, it is
00:13:36agreed in the agreement, you can trace the inputs, you can
00:13:39make eh sanctions and punishments for those who violate
00:13:43that principle and let's connect it with
00:13:47Mexico, are we fine, is something going to
00:13:51happen to us, are they going to impose last minute conditions,
00:13:54are we prepared to first, the fact that the
00:13:58negotiation with Canada has derailed puts tremendous pressure on Mexico, the
00:14:01pressure right now on Mexican negotiators is
00:14:04phenomenal, but also add another issue
00:14:07now, they have already shown us that there will be no
00:14:10agreements on the table until Trump seals it and that
00:14:14is very dangerous, they cannot put on the table
00:14:18the probable chips that can be contributed, for example, an important chip is to say,
00:14:22let's align ourselves with a strategy
00:14:25to stop everything that comes from China
00:14:28to be able to build alternatives in North
00:14:32America, that can be put on the table, many things can be put on the table, but
00:14:36the problem is that now nobody guarantees that you will reach an
00:14:39agreement, because first these two who are competing for Trump's attention
00:14:42can ruin the arrangement and
00:14:45then when Trump comes to the table Trump can screw up the conditions
00:14:49again, so we have to be very aware of those stages, in the minute I have
00:14:53left, Carney said in January that the international world order is no longer the
00:14:56same, eh, well, the USMCA neither, you who
00:15:00renegotiated it, what do you call it, how do you see it,
00:15:03you can't talk about the North American bloc as easily as
00:15:06before, no, totally agree, eh, there is a radical
00:15:09change, and also that goes beyond Trump, the pandemic
00:15:13itself, the pandemic taught us that we have to return to
00:15:17a vision of industrial development, that is not vulnerable to
00:15:21value chains that you don't control, and that must fit within geopolitical
00:15:25alliances, that, without a doubt, eh, it's no longer just efficiency
00:15:28of the model, but there must also be resilience and the defense
00:15:38that the White House is putting on the table today, we are fine, Mexico
00:15:42is fine for what is coming with these, it is in a difficult moment and
00:15:45I would say, as the Canadians have said, a transitional
00:15:49non-agreement on tariffs is better than a bad
00:15:53agreement, so that is important, hopefully our
00:15:58we are to the United States and not just what the United States is to us
00:16:02and you just said it very important, all those who today have
00:16:0515 do not buy from
00:16:08Mexico and Canada buy from the United
00:16:27I want to inform you that the week started with mixed results on the New York stock market,
00:16:31a sale of shares of semiconductor companies led the Nasdaq index
00:16:34to lose more than 200 points, the S&P 500. ended with a decline of
00:16:38a quarter of a percentage point, the Dow Jones industrial average of 30 stocks,
00:16:42in contrast, added 140 units, shares have been pressured
00:16:45by the rise in yields on sovereign bonds of the United States, but
00:16:49also of Japan, France and Germany, among others,
00:16:52a reflection of nervousness among investors that the conflict with
00:16:56Iran could prolong, keep oil prices high
00:16:59and further fuel inflation. In
00:17:03the spotlight, the share price of Paramount, after a spokesman for this
00:17:07media titan denied that the company leaked confidential discussions
00:17:10with the California Attorney General's office to reach a legal agreement and
00:17:14obtain approval allowing
00:17:18Paramount to acquire Warner Bros. Discovery, the parent company of CNN,
00:17:22for $110 billion. Hours earlier, California Attorney General
00:17:25Rob Bonta accused Paramount of leaking details
00:17:29of a preparatory meeting that took place last Friday,
00:17:33announcing, he said, the cancellation of the meeting this
00:17:36Monday. Paramount reiterated that it is ready to continue good-faith
00:17:40discussions with the
00:17:40authority.
00:17:46You have 5 minutes. We have five things for
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00:17:57It's important to have a clear perspective of what's happening in the world, to know
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00:18:11stories, it's a program where we offer you a broad and
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00:18:18me and learn all the perspectives. Perspectives
00:18:21with Mario González, Monday to Friday on
00:18:24CNN. I am Mexican British,
00:18:28I have been practicing journalism for 20 years, in Mexico
00:18:32City, in the United States and now in Miami for
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00:19:00conversations not to polarize but to integrate
00:19:04society,
00:19:07excites me the most is to inform, inquire,
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00:19:25I'm Juan Carlos López in Washington, we are
00:19:28CNN.
00:19:31I am Juan Carlos López, welcome to clash of opinions. Diplomacy,
00:19:35they know very well what is said in private is not what is said in public, well here
00:19:39we know what is said in private, clash of
00:19:42opinions on Sunday on CNN.
00:28:39The fight this time is that the
00:28:42administration wants a sharp cut in interest
00:28:46rates to boost the
00:28:49economy, but the Fed, which has price stability as one of its two
00:28:53mandates, that is, to defend us from
00:28:56it does that, if it makes a sharp cut,
00:29:00it would trigger inflation
00:29:02and a scenario with growth problems
00:29:06and at the same time inflation, that is, what is called stagflation,
00:29:10that is precisely what the
00:29:13Fed of Powell, of Jerome Powell, wants to avoid.
00:29:16We are CNN, the