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The MeidasTouch Podcast

Furious Canada Goes For Kill Shot as Trump Crashes

24 Aug 2025

Transcription

Chapter 1: What is the main topic discussed in this episode?

2.883 - 18.239 Unknown

Siitä tietää, että on ollut hyvä loma, kun tekee mieli mennä piiloon. Aurinkotuolin alle, ettei tarvitsisi vielä lähteä. Charebori. Lomia, joiden et soisi loppuvan.

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22.677 - 50.521 Unknown

Herra budjettiministeri, kuinka neuvottelut sujuivat? Kiteytän lopputuloksen kahteen sanaan. Suk C. Voitteko hieman tarkentaa? Suk C, sau, vaa, mo, no. Mitä nyt hiihtämiseen tarvitaan? Mutta mitä? Sitä, että toimittaja on hyvä ja suk C siitä budjesporttiin. Sieltä saa kaikki hiihtovermeet nyt liikuttavan halvalla. Budjesport.fi Nyt kun se pahin on takana, niin mä odotan tulevaisuudelta sitä, että mulla ei oo semmosia elämää uhkaavia huolia ja murheita.

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50.993 - 58.908 Unknown

Yhdessä syöpää vastaan, koska meillä on elämä tehtävänä. Dokrates Mehiläinen syöpäsairaala.

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Chapter 2: How is Canada positioning itself against Trump's policies?

61.102 - 84.98 Ben Meiselas

Canada is saying goodbye, United States. You see, Canada is beyond being just furious at the Trump regime and the United States. Canada has moved on. Canada is saying we are finding new allies across the world. We are changing our economy to become far less dependent on the United States. And because of what the Trump regime has done to Canada...

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84.98 - 101.23 Ben Meiselas

and the authoritarianism that festers in the United States. Canada will continue to boycott United States products. Canada will continue to boycott United States tourism. And Canada will lead the international boycott of American products.

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101.23 - 124.45 Ben Meiselas

and of tourism into the United States, Canada strong elbows up. And you may have heard over the past 48 hours that Canada is saying to the United States, okay, United States, because you've been begging for us to remove some of the retaliatory tariffs that we have on the United States, we'll remove some of the retaliatory tariffs that are governed by KUSMA

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124.45 - 147.856 Ben Meiselas

the Canadian-United States-Mexico agreement, but Canada is doing it from a position of strength, but what Prime Minister Carney is doing, and I'm going to show you the moves taking place behind the scenes here, is Prime Minister Carney has dispatched his industry minister, his foreign minister, they're going across the world right now, and Carney is going to be in Germany in the coming week,

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147.856 - 167.768 Ben Meiselas

ja he keskustelevat näiden maailmanjohtajien kanssa, jotta voidaan kehittää uusia liiketoimintoja, uusia yhdistelmiä, uusia ekonomisia modelleja ulkopuolelta Yhdysvaltain. Joten sinulla on Kanadassa erittäin yhdistelmätöntä. Yhdistelmätöntä, muuta kuin ehkä Daniel Smithin Albertaan, ovat erittäin yhdistelmätöntä.

167.768 - 187.664 Ben Meiselas

From the left-wing parties like the New Democratic Party with David Eby, the premier in British Columbia, to the right-wing parties like the Conservative Party, Doug Ford, the premier of Ontario, to liberal premiers and leaders like Prime Minister Carney, the prime minister.

187.664 - 209.517 Ben Meiselas

They are standing strong. Let me show you what David Eby says. British Columbians are feeling the impact of unfair US tariff on softwood and aluminum. We welcome a deal that works for BC, but let's keep focused on moving to other markets who want our products. We'll continue to grow our economy and deliver more family supporting jobs for people. We're moving beyond.

Chapter 3: What strategies is Canada using to build new international alliances?

209.737 - 237.125 Ben Meiselas

Here's what Prime Minister Carney had to say the other day, where he goes, look, let me be very clear what we're doing here. Don't view the fact that we're dropping some retaliatory tariffs on KUSMA-related products, that's the Canadian-United States-Mexico agreement, as weakness or elbows not up. He's like, let me be clear, Canada's moving elsewhere. We are doing deals with other countries, and we're moving away from the United States. So,

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237.378 - 260.834 Prime Minister Carney

They're at our border. We can't ignore them. But we're going to do deals elsewhere. That's what we're focused on. Here, play this clip. As we develop our new trade relationship with the United States, Canada will continue to take all measures necessary to support Canadian workers, our businesses, and our consumers. To address challenges in strategic sectors from agriculture to autos,

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261.07 - 282.08 Prime Minister Carney

The Canadian government will soon announce a new comprehensive industrial strategy that protects Canadian jobs, boosts Canadian competitiveness, buys Canadian goods and diversifies Canadian exports. In parallel, we are focused on building our strength here at home, building Canada strong.

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283.7 - 313.012 Prime Minister Carney

The Canadian government will soon select the first in a series of new nation-building projects that will connect and transform our economy. We will catalyze investment and create higher-paying careers through our new defense industrial strategy. We will transform Canadian strategic sectors that are being severely impacted by U.S. trade. We will work to double the pace of home building in Canada, and in the process create a new Canadian housing industry.

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314.682 - 343.488 Prime Minister Carney

and we will develop new and stronger partnerships throughout the world. For decades, as a result of a series of trade agreements, starting with the Free Trade Agreement of the 1980s, the Canadian and the US economies have become steadily more integrated, continually more deeply connected. As I've emphasized in recent months, that steady process of integration is now over.

345.023 - 373.627 Prime Minister Carney

As a result, some of our historic strengths have become vulnerabilities. We can and must adapt to this new reality. That means concentrating on trade, investment and security partnerships that preserve our sovereignty. And it means striking new trade deals that are robust to different economic circumstances, different governments, because of the mutual benefits to both countries.

375.297 - 391.025 Prime Minister Carney

In all these ways, Canada will move from reliance to resilience, building our strength at home, developing new markets abroad, creating new opportunities for Canadian workers and businesses as we build the strongest economy in the G7.

392.358 - 420.893 Ben Meiselas

One such deal, Prime Minister Carney announces that he's going to Germany. He will be meeting with Frederick Mertz, who's the Chancellor of Germany. You'll recall that Prime Minister Carney had Canada enter into a new defense deal with Europe. This is what we're seeing take place across the world. Lonely, isolated United States, while Canada is meeting with Germany. Canada is meeting with Finland and Sweden.

420.893 - 448.822 Ben Meiselas

Suomessa on keskustelu Braziliassa. Indiassa on keskustelu Suomessa. Ja Donald Trump on siellä sanomassa, että haluatko minun kuvani Vladimir Putinin kanssa? Katsokaa hänet. Putin laittoi minulle tämän kuvan, kaverit. Ongelmallinen. Täällä soittaa tämän klipin. Karni puhuu Ruotsista. Soittaa tämän klipin. Ja ruotsin hallitus sanoo, että sinä menet Berliinin ensi viikolla. Voitko kertoa, miksi menet Eurooppaan ja mitä toivottavasti on tehty siellä?

Chapter 4: How are Canadian leaders responding to U.S. tariffs?

468.278 - 495.92 Prime Minister Carney

subsequently at the G7 and along the way, about how we can deepen our economic and security partnership with Germany, how we can turn the opportunities that exist already under CETA, our free trade agreement with Europe, but also across broader areas and how we work and develop those. So I have a broader delegation with the Minister of Natural Resources, for example, that will be there,

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496.207 - 517.79 Prime Minister Carney

The Minister of Defense will be there, the Minister of Industry will come as well, because there's a broad range of areas from critical minerals to energy and defense and security, where we are intensifying our discussions with Germany. Many opportunities. As I say, it started in the spring.

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518.228 - 533.129 Prime Minister Carney

Moves with this meeting. And we have a good partnership. Canada has a good partnership with Germany. It's been built up over the years. But it can be much, much better. And I'm confident that with this chancellor and the focus of our government that it will be.

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534.53 - 552.012 Ben Meiselas

Ja sitten puheenjohtaja Carney antaa esimerkki, jossa hän näkee nykyistä negotiaatiota Yhdysvalloissa. Hän antaa esimerkkinä johonkin. Mutta yksi asiaa, jonka Carney osoittaa, on se, että emme kuulleet Trumpin loppuun.

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552.012 - 579.13 Ben Meiselas

Trump said a deadline. We called his bluff. We knew his deadline was fake. And now we're moving on. But sure, I mean, we're going to deal with him surgically while we move on to other partners. Here, play this clip. It's important that we preserve that. Well, we focus on two things. The strategic sectors, steel, aluminum, autos, lumber. And we focus on the upcoming review and changes, likely changes to KUSMA.

580.43 - 608.29 Prime Minister Carney

So we are matching something the Americans have done. And it's very significant, it's unique, we get the benefit. The second thing is, you know, and I'll take your analogy. And I have played some hockey over the years. And there is a time in a game, in a big game, and this is a big game, when

608.83 - 637.096 Prime Minister Carney

You go hard in the corners, you elbows up. The time in a game, we drop the gloves in the first period and you send a message. And we've done that. Pretty uniquely in the world. We happen to have the best deal with the Americans right now. I don't. But there's also a time in a game where you want the puck, you want a stick handle, you want a pass, you want to put the puck in the net. And we're moving later into the game. And we're at that time in the game. And that's where the engagement.

637.788 - 666.408 Ben Meiselas

Meanwhile, you have Karni's and the government's minister of industry, Melanie Jolie. She went to Finland and Sweden and had very productive talks there about their new position in NATO, about defense, and also about a review of United States military weapons versus getting weapons elsewhere. Here's what she had to say. Play this clip.

666.61 - 699.702 Melanie Jolie

Minun tavoitteeni tänne on varmistaa, että meillä on vahva ekonominen yhteistyö näissä kaksi maissa. As Canada is of course seeking to diversify its economy, the goal is to be closer to the EU and in the context of the EU, two countries that we know we can do more business with and that we can also continue to develop strong partnerships is definitely Sweden and Finland.

Chapter 5: What new economic strategies is Canada implementing?

700.192 - 723.142 Melanie Jolie

It is important to remind ourselves that when Finland and Sweden decided to join NATO at the time, Canada was the first to ratify their accession to NATO. It was based on the fact that it was in our interest to have more Arctic countries part of the alliance, but also we knew that there were strong diplomatic and also diplomatic

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723.142 - 752.251 Melanie Jolie

economic ties with these two countries. In the context of my visit, I met in Sweden the prime minister. I had breakfast with him this morning. Also with the deputy prime minister and minister of the economy, Ebba Busch, with the minister of defense. And I also met with key business leaders, maybe the CEO of Saab, of AstraZeneca, of ABB and Ericsson.

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752.251 - 782.609 Melanie Jolie

We already know that there are lots of very important Swedish companies that are doing business across Canada. The other reason why I'm also in Finland, and I've been in contact with the prime minister of Finland, and I'll be meeting also with the minister of foreign affairs, the minister of defense, and the minister of the economy, is because Davy Shipyard from Lévis, Quebec,

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782.609 - 803.77 Melanie Jolie

has acquired Helsinki Shipyard. And it is the first time that a Canadian shipyard in recent history has bought a foreign shipyard and will be able not only to benefit from the work that has been done through the national shipbuilding strategy, but also will be able to export

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803.77 - 843.308 Melanie Jolie

uh key icebreakers across the world and this is done in the context also of the ice pack that was signed between finland canada and the us and we think that we can definitely do more work with I'll be also meeting the CEOs of Nokia and key business leaders of ABB and Petri. All this in the context of building a stronger economy. We have the vision of having the strongest economy of the G7.

843.308 - 860.285 Melanie Jolie

This is the mandate that the prime minister has given me to make sure that that's the case. And we have to do so through economic diplomacy. And that is why coming to Europe, coming to Sweden and Finland was a key priority for me in the context of my mandate as industry minister.

861.28 - 881.176 Ben Meiselas

Hän sanoi, että kun puhutaan siitä, voimmeko ostaa F-35-koneita Yhdysvalloissa... Olimme todenneet ostaa niitä aiemmin, mutta meidän täytyy nyt katsomaan tämän yksityiskohtaisuutemme. Hän sanoi, että amerikkalaiset aineet tekevät Kananaa vähemmän turvallista.

881.176 - 910.623 Ben Meiselas

and Canada's press paused on purchasing F-35s. I think if Canada could truly eliminate the F-35s from its arsenal, it would. The problem is right now, when you have other F-35 class planes, it's not easy to not have F-35s. So I think Canada has to figure out using the non-purchasing of F-35s as leverage in their discussions against Trump, and Carney and Jolie know how to use leverage.

Chapter 6: How is Canada diversifying its defense partnerships?

910.623 - 916.478 Ben Meiselas

but then finding out how to get other warplanes in the future, but play this clip.

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916.63 - 942.297 Melanie Jolie

Now to go specifically to your question on F-35s and Saab, etc. There is a study right now that is being done by the Defense Department. It is being led by the Minister of Defense. My job in the context of this decision is to look at options and to understand what could be the different economic benefits.

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942.297 - 958.312 Melanie Jolie

I've had the chance at the Paris Airshow back in June to meet with Saab for the first time and to meet with Lockheed Martin as well. I wanted to make sure that we could understand what was being proposed.

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958.312 - 987.91 Melanie Jolie

by Saab, by going to their facility in Sweden, and also having the Secretary of State, Steven Fyhr, with me. And we will be able also to meet with Lockheed Martin and do a similar operation later in the coming weeks. And it is just normal in the context of my mandate to be able to do so. So that's why also I went to Sweden and had conversations with the Swedish government.

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989.108 - 996.871 Ben Meiselas

And then here you have Doug Ford, the premier of Ontario, conservative premier of Ontario. Here's what he had to say the other day playing this clip.

997.04 - 1021.137 Doug Ford

Me kaikki tiedämme, että tämä on todella tärkeä aika meidän alueessamme. Presidentin Trumpin tariffit ovat otettaneet suuri tarkoitus Ontariolle, joka vaikuttaa ekonomiseen epäonnistumiseen ja syrjää perheitä ja yrityksiä. Täällä Sarniassa, Sarniassa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa, Suomessa,

1021.137 - 1045.808 Doug Ford

Our government was elected on a promise to protect Ontario and stand up for families and workers and companies and communities right across the province. Through our plan to protect Ontario, we're doing everything in our power to cut the red tape and make Ontario and Canada the strongest, most competitive, resilient and self-reliant economy in the G7.

1046.618 - 1065.383 Ben Meiselas

Just so you can get a pulse of what people in Canada are feeling right now. About 80% of Canadians say that even if you did a deal with Trump, he won't honor the deal. So why even do a deal between Canada and the United States in the first place? This is from Politico, which is what I just talked about.

1065.805 - 1088.975 Ben Meiselas

Kanadalaiset arktiset yhdistelmät russiaan vastaan. Putinin vaikutuksissa ja Trumpin tarifissa Karni ymmärtää Nordic Defense Alliancea. Se kertoo siitä, miten suomalainen ulkoministeri keskusteli kanadalaisen ulkoministeriä. Samalla kanadalaisen yritysministeri keskusteli hänen yhdistelmäänsä.

Chapter 7: What is the impact of Canadian consumer behavior on U.S. products?

1110.743 - 1127.99 Ben Meiselas

Yhteistyö Yhdysvalloista Kanadasta on lähes 40 % tällä hetkellä. Ja minusta tämä artikkeli täältä CBCistä on hyvä. En käsittele, miten ja miksi kanadalaiset poikottavat Yhdysvalloja. Kanadalaiset ovat yhä huolimatta siitä, missä he kulkevat rahaa.

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1127.99 - 1150.366 Ben Meiselas

Se kertoo myös siitä, miten kanadalaiset ovat vahvistuneita lakipäätöksentekijöitä. Yksi suurimmista asioista, joita kuulemme kanadalaisista, on se, että he olisivat hyvin varovaisia lakipäätöksentekijöiden lukemisesta, jotta ei ole mitään asioita, joka on tehty Amerikassa, ja että he ostavat Kanadasta. Ostaminen Kanadasta auttaa myös inflaatioon, auttaa kanadalaisen ekonomin, auttaa tuomaan inflaatioon.

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1150.366 - 1166.38 Ben Meiselas

Helps with the Canadian economy. You see, Canada is being very smart about this, while Donald Trump is saying, I don't like windmills, I don't like the way windmills are, and just being an utter idiot and having contradictory, unstable policies. Canada is presenting itself as a stable,

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1166.38 - 1188.858 Ben Meiselas

reliable partner in a multilateral world. Multilateralism. We see leaders talking about that frequently now. And it's a jab at Trump who's rejected multilateralism in a globalized world. And lots of Canadians are saying, we're going to do a lifetime boycott at this point. We're not just doing a short-term boycott. We're going to boycott forever.

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1189.415 - 1204.045 Ben Meiselas

Anyway, let me know what you think. Hit subscribe. Let's get to 6 million and thank you all so much for watching.

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