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PM Carney on pulling back from US trade negotiations: "They asked too much, and they offered too little."

37,898 views • 24 days ago •via X (Twitter)

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Mark Carney explains Canada’s withdrawal from U.S. trade negotiations. Full 23-minute speech. No clipping. After more than a year of negotiations, Canada’s negotiators are coming home and another tariff fight is beginning. Here is Carney’s explanation: ▪️ 00:00 Canada is “walking away from a bad deal.” ▪️ 03:58 “We cannot accept what they’ve offered and we will not give what they’ve asked.” ▪️ 07:28 Carney explains the latest threatened 50% U.S. tariffs. ▪️ 08:29 Canada was prepared to drop remaining retaliatory tariffs on steel, aluminum and autos if Washington substantially lowered theirs. ▪️ 09:10 Canada would encourage provinces to put U.S. alcohol back on shelves and make administrative moves around supply management. ▪️ 09:31 Carney says sovereignty, key industries, French language and culture were red lines. ▪️ 10:04 Says Washington suddenly demanded terms that were “uneconomic” and “unfair.” ▪️ 10:56 “They asked too much and they offered too little.” Negotiations suspended. ▪️ 11:21 Canada will now retaliate “dollar for dollar.” ▪️ 12:30 Carney admits those tariffs will raise prices and reduce choice for Canadians. ▪️ 13:18 onward The speech pivots into Carney selling his economic record, infrastructure plans, trade diversification and a Canada less dependent on the U.S. ▪️ 22:38 “We make our own weather.” That’s Carney’s case. Now Canadians get to decide whether this was Canada refusing a genuinely bad deal... Or the government explaining why a year of negotiating ended with no deal and another tariff war.

Mr Bench

467,361 views • 24 days ago