Chapter 1: Why is Canada furious with Donald Trump?
Canada is absolutely furious at Donald Trump and his despicable regime. And this was the message from Canada over the past few months. We've warned you once, Donald. We've warned you twice. And now we've just taken decisive action to outmaneuver, to checkmate, to outmatch the United States and to create a new global world order. Canada working side by side with
China working side by side with Europe and cutting the United States out. Also working side by side with South America, Africa. Yep, Donald, there are other countries in the world. And as you keep talking about invading Greenland and making yourself the dominant predator of the Western Hemisphere, guess what Canada is doing? It just announced a $1 trillion trade pact deal. with China.
Chapter 2: What strategic partnership has Canada formed with China?
Yep. Over the past few days, there was this very incredible state visit by Prime Minister Carney of Canada. He went there to China. He met with Xi Jinping and other top level ministers in China. They announced that Canada would be pulling back its tariffs against Chinese EVs. It would start to be phased in and it would happen gradually.
But 49,000 EVs from China will be allowed to come into Canada now. at a most favored nation tariff rate, so it's about 6%. In return, China will be dropping some of its tariffs against Canada on canola and other Canadian products. But this is part of a broader relationship as well, where Canada is going to see significant investments by China in liquefied natural gas, the LNG,
And in general, the Canadian oil companies are going to be benefiting significantly. And this is especially important as Donald Trump wants to claim that he's now the emperor of Venezuela, okay? And propping up his authoritarian proxy, Delcy Rodriguez there and throwing Maria Karina Machado under the bus after stealing her Nobel Peace Prize. China and Canada have a plan.
And the language that Prime Minister Carney used while he was in China is that there is a new world order right now that exists. And in this new world order, you're gonna see a lot more robust trading relationships with places like China. Here's Prime Minister Carney talking about a new world order. Play this clip.
I believe the progress that we have made in the partnership sets us up well for the new world order.
Then Prime Minister Carney went into detail about the Chinese electric vehicle agreement. Here's what he discussed. Let's play it.
Let's put this in context. 49,000 vehicles, which is the cap on Chinese electric electric vehicle exports to Canada. That's part of this agreement. That's a return to levels last seen in 2023, or the last full year before the Canadian tariff actions. That's first point. Second point, again, to put it in, dimension it, that's less than 3% of the size of the Canadian auto market.
The third point to put in context, and I reference this, is that part of this agreement, and it takes a few years to build this, a couple of years to build this, that a portion, increasing portion of those exports will be in a new segment of the Canadian market. In other words, electric vehicles that cost less than $35,000 at the at the landed price.
So there's huge opportunity here to get more affordable cars in the electric vehicle market for Canada. The fourth element, and in many respects, the most important element, is the beginning of discussions and expectation of Chinese investment in Canada and partnership in Canada to produce vehicles over time. So to partner with Canadian firms.
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Chapter 3: How will the new trade deal affect Canadian electric vehicles?
I may put a tariff on countries if they don't go along with Greenland because we need Greenland for national security. So I may do that. I'll give you a little, I'll talk about, I'll take you out of that. In fact, that will end up being the story. But actually this is a much bigger story because we're reducing healthcare by numbers that you haven't seen.
Contrast that to Prime Minister Carney when he was asked, so what do you mean by a new world order? And watch what Carney says. Let's play this clip.
Prime Minister Brian Platt with Bloomberg News. Yesterday when you met with Premier Lee, one of the things you said in the public remarks was this partnership, Canada and China, this new partnership sets us up well for the new world order. What did you mean by that? What is the new world order?
Well, it's a great question, Brian, because I think the world is still determining what that order is going to be. And let's be clear what we're talking about first and foremost, which is what is going to govern global trade? What is the role of the WTO going to be?
How important are bilateral deals such as the one we're developing, plurilateral deals, if I can use that term, Trans-Pacific Partnership, Potential linkages between transportation, Pacific Partnership and the EU. Where is financial regulation, payment system regulation going to fit into that?
All of these aspects that the I mean, fancy word like the architecture, the multilateral system that has been developing these. is being eroded, to use a polite term, undercut, to use another term.
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Chapter 4: What are the implications of Canada's $1 trillion trade pact?
So the question is, what gets built in that place? How much of a patchwork is it? How much is it just on a bilateral basis? Or where do like-minded countries in certain areas? So like-minded countries, just to be clear, doesn't mean you agree on everything. aspects, for example, on digital trade or agricultural trade. Climate finance is another area.
To move into areas of geostrategy, geosecurity, you will have different coalitions that are formed.
What this partnership does is in areas, for example, of clean energy, conventional energy, agriculture, as we were just talking about, and financial services, which we've talked less about, but the evolution of the global financial system, the role of the renminbi over time, the evolution of cross-border payments.
I know it all sounds very dry, except for your organization, which I think takes an interest in it. These are important issues. elements of how the system is going to work.
And look, the expectation is that rather than these being developed necessarily through the IMF, WTO and other multilateral organizations, it is going to be coalitions that develop them not for the world, but for subsectors of the world.
Now, a man who needs no introduction, but I'll give him an introduction. Let's bring in Charlie Angus, who leads Midas Canada, the leader of the Midas Canada resistance tour in Canada. He's in Edmonton right now. He's traveling around the area. And you may be, if you're in Canada, you could watch and be there for one of the Midas Canada events. Let's bring in Charlie Angus.
Charlie, you're in Edmonton right now where you're hosting some events. We'll talk about those events that you're doing at the end of the interview, because I want people to
to be there and show up and see you there um this video is going to air on saturday so you can talk about what's happening over the weekend but let's talk about first what's going on uh with this deal you and i have been talking about that this was on the horizon now that this happened what it clearly is a pivot away from the american not even a pivot a giant leap forward what do you make of it all
This is a game changer, I think, that's going to play out for years and decades to come. And it happens when Pete Hoekstra, you know, mega Pete Hoekstra, my best friend, the American mega ambassador, was just on a talk radio show in Montreal saying, we don't need anything from Canada, repeating this idiotic line. And we were like, okay, fine. What Carney has done here is significant.
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Chapter 5: How does Prime Minister Carney envision a new world order?
But he's also now started to build alliances where the Western premiers who normally are going mega maple are going to be a lot more wary about speaking up against the prime minister who's delivered such a substantive deal on canola.
what happens next here how are the people in canada feeling about this and um you know these are big these are big changes that are happening very quickly and you know the latest polling not just in canada i just saw a polling in uh europe uh america's
approval in europe or like the europe people viewing america as an ally only like 25 percent or like 20 i think it was 16 percent of europe now believes america is actually an ally of europe 16 i think in the uk it was 25 percent also so not very popular to be uh america in the world right now well i think what's happening is is that we're on the
eve of the renegotiations of the KUSMA agreement, which is the North American Free Trade Agreement, where 90-some percent of the trade between the United States and Canada is under tariff-free agreements. And Donald Trump has been saying again and again. We don't need this. We don't like this. We're going to rip it up. Pete Hook's just saying that.
I think they've decided that they're going to play hardball. The last time they played hardball with us, they lost their bourbon market. They lost their wine market. They've lost billions of dollars in tourism, but they haven't learned the lesson. I think they're going to go for broke this time and that Prime Minister Carney Making this deal with China will enrage Trump.
I think you're going to see him threatening us. You're going to see an increasing backlash. But Canada is a much tougher country now than we were last year. I think Canadians are ready for it. It's going to be interesting to play out domestically. It was really funny. If you watch the video of where Prime Minister Carney says new world order.
The person beside him is Premier Mo, one of the mega maple premiers. And he sort of just does this hilarious. Oh, my God, did he just say that? Because the right wing conspiracy nutters are going to be going new world order. Pierre Polyev and his mega machine here will be going on against China. So.
He's put the right wing into a box here of if they're going to start to attack the China agreement, I think they're going to start to sound more and more hysterical. It does have political risk. The prime minister is going to need to be able to tell Canadians how this is going to help.
And I think he really needs to go to towns like Windsor and Oshawa, the big automaker towns, and say, I've got your back. We're going to start to look at how we do the production lines here. He has to, I think, really, it's important that he doesn't leave the auto sector out hanging because there's going to be some uncertainty at this point.
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