And as a reaction to this, Prime Minister Mark Carney finally took off his gloves and said that he answered questions and explained in detail why he reacted the way he did.And I would like to point out that one of Trump's top advisers caught on Fox News.Oh no, no.Even Donald Trump's own trade commissioner admits that the USA started this and Canada simply defends itself only with declaration measures.So that's the prime minister who says exactly that.Trump started this war.
Canada has a right to defend itself.
Why does it feel so different today?We have the ability to resist.We have a plan.We have the focus.We will react.We concentrate on what we control.
...tries to harass Canada in an otherwise productive and fruitful trade relationship.And the thing is, even Trump's top trade advisers admit that these are declaration measures and that the USA is angry about it.We are allowed to bully you and you have to accept it.You are not allowed to rule.You are not allowed to defend yourself.
We don't have any new talks planned with the Canadians.We will continue with measures that react to the Canadian recognition.To protect jobs, two countries have practiced recognition against the USA.China and Canada worship China.
And Canada does a lot of business with China.
They do.They do it and they continue with their recognition measures.And after a year of this recognition, we have said enough.And that's why we have taken countermeasures.
Even the states have done that.And they also point to the fact that Canada is a closer relationship.In this sense, and since the US Trade Advisor has let us look through it, we hear more from the Canadian Prime Minister Mark that America has changed.
At the beginning of last year, I noticed in this room that the decades -long process of constant economic integration between us was over.Our government used to have many others.
The problem is that it should be indelible, right?It should last.It should last.be symbolic.But under Trump, it's written with a pencil.And then you have this Darth Vader situation, I'm changing the contract, please let me never change it again.
And it sounds like Trump would have done exactly that here.
On the other hand, Canadian exports are sinking into the United States.The costs for American families.In contrast, there are customs taxes.Taxes that are ultimately paid by U .S.
consumers.Right.Right before that, every Trump has warned from the beginning The idea that customs would actually benefit American consumers, not even targeted customs, but far -reaching, package customs against almost every industrial nation in the world, would go backwards.And that's true.In the course of 2025, until the Supreme Court of Trump's obviously unconstitutional customs finally fell, the American household paid thousands and thousands of dollars more for basic goods and services.
Washington's dollar for dollar to protect Canadian workers, farmers, families and companies.Our reaction will focus on sectors such as steel, milling products, household appliances, agricultural equipment, cellulose and paper, as well as electronics.These include products that currently fall under sections 232 and 338, according to unlawful customs.This is a targeted reaction.A targeted reaction to protect and defend our industries and to enable them to compete on the Canadian market with US products.
And something else, some Canadian leaders also point out that these measures aim to target industries that are particularly important for republican states.The goal is to exert political pressure on Trump and not to suggest that Canada is like this other country, because that is a very different country.comparison, I would like to point out that Donald Trump started a real war with Iran.And Iran, like Canada, cannot compete directly with the United States militarily or economically.But they have enough influence to harm the American economy in a specific, targeted way, and ultimately Trump politically, right?Again, I want to be clear.
You know, Mark Carney is not the Ayatollah, Canada is not the Canadian government, and by far not the Iranian government.But it's interesting that we now have a trade -political parallel in the sense that Trump provoked a dispute that shouldn't have been, and that shouldn't have been, and that was unjustified against a weaker power.But, due to a more competent leadership in comparison to Trump, and by far, and Mark Carney is objectively a very smart and versed man, this weaker power will now take off its gloves and react with an answer that is designed to damage the USA as much as possible.And since the interim elections are coming up quickly, that's not good for Trump.
Canada is today the best -netted economy in the world.Last year, we signed more than 20 trade and security agreements on five continents.We completed our latest agreement in the United Arab Emirates in a record time of 47 days.Canadian companies now enjoy tax -free access to 1 .5 billion consumers.In the next six months, we will double this number through new trade agreements from Asia to India.
This autumn, we will work with the European Union, the second largest economy in the world, our economic and security partnership.deepen and strengthen.
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Get started freeAgain, all of this is a consequence of Trump's corrupt politics.They had to avoid other markets.They had to strengthen relations with Europe, Asia and especially China, including foreign resistance.Resistance.But again, this is Trump's trip.
We are stronger today than at the beginning of this trade war between the United States.United, determined, ambitious.With the strongest budget in the G7 and a resilient economy, Canada has all the resources we need to convert and flourish.Growth is accelerating.We will probably have the second -fastest rate in the G7 this and next year.We create jobs in this economy with a four -fold higher rate than the United States.
Our exports outside the USA have increased significantly.We are on the right track to double in the next decade.Foreign direct investments in Canada have been at the highest level for two decades.They are growing twice as fast as our next G7 competitor.G7 competitor?Canada.
Today, Canada is considered the most attractive country in the world for infrastructure investments.
He plays his muscle games and he is 100 % right about the situation on the labor market.You know, when President Biden was in office, the employment growth in the United States was incredible.Even if you consider the recovery after COVID, or even if you calculate that, the average monthly creation of jobs was under President Biden.100 ,000.And with Donald Trump it was, you know, five -digit numbers.It's rather tens of thousands, if at all.
And under Trump there were multiple corrections down in several months, in which we recorded a net loss of jobs.
We will retreat.We will retreat and we will guarantee customs protection where we can, where it is relevant for some of these industries.Steel is a steel product and others are an example of it in some cases.We will offer full customs protection to prevent American companies from coming and taking over the business.So that offers a lot.But more fundamental is that we provide support and will do everything necessary to support these companies.
We will publish individuals at the beginning of next week in addition to our customs measures to support these companies.And we will support them as long as it is necessary.In other words, beyond the official time of this US government.Exactly that.
So, once again, here I say, and once again, I do not propose an equality between Iran and Canada, but what I say is, the goal is to ensure at this point that Trump personally feels the political consequences, right?Understand, see, here's the thing.Donald Trump is an evil narcissist, which means that the only way to get him to give up, give up or give up, is to hurt him politically, right?If you add any personal disadvantage to him, right?He doesn't care what happens to the blue states.He doesn't really care what happens to the red states.
He has to feel the consequences himself.And as long as he is politically or otherwise shielded from the consequences, it doesn't concern him.He takes it for granted that the American people are suffering, because he just doesn't care.That's why this is the ultimate goal of Canada's accountability measures.In the trade war.Remember, Trump won the trade war.
Canada has a right to self -defense in the trade war, just like in a real war, right?The ultimate goal of this trade war, the person they want to harm, is ultimately Trump himself.And they set a time frame?Americans, if you don't like that.I mean, we can probably never go back to the old state, because every four to eight years you elect a fascist, so maybe you should stop with that.But hey, we can end it at the moment when a reasonable person becomes president again.
Whatever that means.And did Canada do anything in the last minute that could have resolved this?Did you make any demands or offers?No, we no is the short answer.From our point of view, we have clarified what was offered and we are still disappointed by the answers.And you have, has Canada...
There were no changes to the agreement.This was up to the United States.And with that we conclude.Once again, a final conclusion from Mark Carney.
In your nightly statement you mentioned that part of the collapse was the reliability of any agreement.What do you say to other business and government leaders around the world who are wondering if they can still trust the USA in the future?If Donald Trump can't even control the art of the deal with the friendly Canada, with whom can he do business?With whom...Yes, I mean, you know, if you close a deal, you have to stand by it.And Canada stands by our agreement.
We stayed with the conditions.If we don't react in the context of a series of unjustified customs that were introduced, that were introduced.Unjustified, under which we have an agreement with the Americans.I mean, that's the point, we have an agreement with the Americans.It's called TUSMA.We have additional agreements that clarify the behavior of steel, aluminum and cars.
All this is injured day by day.You act as if ...Do you know that?Yes, we have a deal.Okay, what message does that send?On the other hand, you have a country, Canada, that has a series of trade agreements all over the world, which will expand rapidly and continue to expand, because we are trustworthy, because we are reliable, because we have things like critical minerals and many other aspects that the world wants.
And that's why we will continue to pursue this.And one thing that we would certainly not accept was any restriction of our ability to close these deals.
Pretty damn reasonable.So again, the USA also tried to control with whom Canada, not only in relation to their industry and not only in relation to their domestic political considerations, but the USA also wanted to exercise control over who else Canada is allowed to trade with, right?They wanted to isolate us from the rest, or rather, isolate Canada from the rest of the world and have an abusive relationship.So that's a pretty brave move by Canadian Prime Minister Mark Carney.And you know, it's obviously shit, because we Americans, to a certain degree, will suffer under the consequences of Trump's actions here and Canada's self -defense.But you have every right to react in this way.
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Get started freeAnd it won't be great for Canada either.You know, this trade war that Trump started will ultimately damage both countries in one way or another.But it is brave that the Prime Minister, a comparatively smaller and weaker power in the most powerful people in the world, offers his forehead You know, Xi Jinping is harassing you.Shouldn't say harassed.He's manipulating Trump all the time.And he also wiped out Trump in the trade war that Trump started against China.
But that's less impressive because China is a nearly equal partner of the USA.Both economically and militarily.That's not Canada.And as we saw during most of Trump's two years in office,many other heads of state and government have completely abandoned Trump, because he is the president of the United States.Mark Carney finally says no.
Think about this point, we just have to go back and if it costs us the next two and a half years, if we have to sit out the time of this government, then it should be so.So a brave step from Prime Minister Carney.Trump gets all the blame and Trump's own top advisors reveal that, yes, they started it.The United States started it and Canada is only doing self -defense.Let me know in the comments in the meantime what you think about it.
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