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Valuetainment

"Canada DEPENDS On The U.S." - Trump’s 100% Tariff THREAT Forces Carney To FOLD

28 Jan 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What threat did Trump make regarding tariffs on Canada?

0.031 - 27.526 Patrick Bet-David

What this is leading to is, over the weekend, Trump threatens 100% tariff on Canada if it makes a deal with China, and Carney pushes back. But let me read the first one first. If Governor Carney... Of the 51st state, Canada thinks he is going to make Canada a drop-off port for China to send goods and products into the U.S. He is sorely mistaken.

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27.967 - 48.48 Patrick Bet-David

China will eat Canada alive, completely devour it, including the destruction of their businesses, social fabric, and general way of life. If Canada makes a deal with China, it will immediately... Be hit with 100% tariff against all Canadian goods and products coming into the U.S. Thank you for your attention to this matter, President DJT.

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48.54 - 68.04 Patrick Bet-David

Rob, can you pull up the clip of Carney responding to this? Because obviously, if you remember, it looked like him and Carney were getting along because he chose Carney over Pierre Poliev when Pierre lacked diplomacy. Everybody saw that when he would only eat the apple and not go meet with people. And here's Carney responding to the president.

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68.459 - 98.177 Mark Carney

Why are you responding to Trump's threats of 100% tariffs? Well, the first thing is that Canada respects our commitments. We have commitments under CUSMA not to pursue free trade agreements with non-market economies without prior notification. We have no intention. of doing that with China or any other non-market economy.

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98.457 - 122.827 Mark Carney

What we've done with China is to rectify some issues that developed in the last couple of years. In many respects, we're going to use the expression back to the future with respect to EVs, with respect to agriculture, with respect to fish products and other food products, but with additional protections. So for example, back in 2023, we didn't have a cap. on the number of EVs.

123.448 - 138.136 Mark Carney

We didn't have a requirement for a large proportion of those EVs to be affordable, highly affordable EVs for Canadians. So it's entirely consistent with KUSMA, with our obligations, which we very much respect.

138.416 - 161.818 Tom Zawistowski

Tom, what's going on here? So let me translate that for you. China got Canada to agree to take BYD, which is the largest EV maker in the world by number of units, and to send over their $30,000 EVs, which is not going to be good for Tesla. But what Mark Carney is doing there is dancing around a simple truth.

162.42 - 186.93 Tom Zawistowski

He went back and renegotiated with China, which he feels is a trade deal that's good for Canada, and that's how he's spinning it. Meanwhile... President Trump is pointing out that the $2.3 trillion economy of Canada, which is less than half of California, that – by the way, Rob, I don't know if you can find this in a flash. I didn't tell you.

187.512 - 222.017 Tom Zawistowski

I believe, Pat, 21 percent of their GDP is what they – import from us and 17% of their GDP is what they export to us. So I think it's 35, 36% of Canada's 2.3 trillion GDP depends on trade with the United States. So there it is. Imports from the U.S. constitute 19% of Canada's GDP. So it's like, You're making a deal with China that Trump is trying to work with right now in corner.

Chapter 2: How does Governor Carney respond to Trump's tariff threats?

282.472 - 294.116 Tom Zawistowski

It has to be really small. There it is. Up at the top at 12 o'clock. Stop right there. All right. 12 o'clock. And by the way, United States last year. Above USA. That has grown. Canada's 2.3 and the United States is 31.

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295.921 - 317.102 Unknown

So what are we talking about? All right. Like Trump said it. Like, Canada depends on the U.S. They're nothing without us. And they're trying to play ball and get Chinese cars to their borders. Like, I don't know. Like, I think they look a lot bigger than they actually are. They shouldn't be even sitting at the table probably banned from Canada already. But it's not a good look at all.

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318.303 - 336.967 Patrick Bet-David

Look at it from the position of China. China. I was about to say Taiwan. Taiwan. If you look at the position, and that's exactly where I was going. If you look at the position from China, China's probably sitting there saying, wait a minute, who's Canada to us? Taiwan. Why are you building relationships with them? The U.S. is like, because we can.

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337.427 - 366.608 Patrick Bet-David

He said, well, I'm going to do business with Canada. And U.S. is like, no, you can't. And China says, why can't I? And U.S. says, because Taiwan is... a very different relationship. You're just trying to get to Canada to disrupt our relationship. And... In this sense, you know, if Carney decides to play ball with China, which it looks like he's falling for, U.S. offers security, protection. U.S.

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366.688 - 388.457 Patrick Bet-David

offers so many different things. You know, Canada is safe by association. You know, it's like going to a nightclub with the toughest guy in the street thinking you're tough. You're not tough. You're safe because you went to the club with the toughest guy on the street. Go to that same club in the hood. Without that tough guy, you're walking in a very different way. Makes sense?

388.477 - 410.617 Patrick Bet-David

That tough guy is America. When you walk in, he's like, hey, what's up? So what are you going to do? What are you going to say something? And then all of a sudden, America leaves. Hi, how are you? How is everything? Family's good. How's your daughter doing? You didn't care about my daughter last year. Now you do. Yeah, I really do. I always did. We saw your buddy leave.

410.637 - 432.955 Patrick Bet-David

He didn't go to the bathroom. He left. So I get what Trump is doing here. Man, my only thing is, let me tell you what my only concern. My only thing is, does he have enough time left to negotiate this aggressively? Does he have enough time left to continue negotiating this aggressively? I don't know. It's either he's got 10 months or he's got what? What's the other one?

Chapter 3: What are the implications of Canada’s trade relationship with China?

433.015 - 452.52 Patrick Bet-David

34 months. That's what he's got left. 10 months or 34 months. Who knows what happens afterwards? Can you really get everything he wants to get done in the next 10 months or 34 months? Do you think he can? In the next 10 months or 34 months? I believe in him. You believe they can get everything done in the next 10 months or 34 months? Tom, what do you think?

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452.5 - 475.89 Tom Zawistowski

Now, I think we've now entered into the window of certain international parties are going to stall because now they're saying, hang tight. Hang tight. All you have to do is get through the American summer because then this guy's going to have trouble in the midterms, and then he's going to have to do different things on trade. I think that China and others may be about to play that.

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476.711 - 489.51 Tom Zawistowski

I think he can get 40% of it, 50% of it done, Pat, but there's a couple big things I think are going to be really tough to get done before the midterms, and after the midterms, if they're too nasty, it makes it more difficult.

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489.49 - 511.026 Patrick Bet-David

I agree. By the way, Rob, you ran a very good poll. If you can pull it up. You got 2,000 votes already. I think it's a good sample to look at. Rob ran a poll saying who needs who more. Canada needs the U.S. The U.S. needs Canada. They both need each other. Neither needs the other. Ready? 77% said Canada needs the U.S. 3% says the U.S. needs Canada.

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511.006 - 537.604 Patrick Bet-David

15% said they need each other, and 5% said neither needs each other, okay? It's pretty wild when you look at that because if you take out the last two options, they both need or neither needs, and you just take the top two, it would end up being around 96.5% to 3.5%. 96.5% Canada needs U.S., 3.5% U.S. needs Canada. It's...

539.744 - 553.267 Patrick Bet-David

Carney better kind of sit down and figure out how to negotiate with this guy in the U.S., Or else, you know, this is just going to keep going. By the way, look at what happened to it. It just went to 78.3. This is not looking pretty for Canada.

553.347 - 561.155 Unknown

When it comes to the moves that we've seen Trump doing on defense, we're talking about the Golden Dome, right? That's kind of one of the outside of the Golden Dome.

561.175 - 563.738 Patrick Bet-David

You have a shot at protecting your country. Your country for free.

563.818 - 565.68 Unknown

For free. We're talking about Greenland.

Chapter 4: How much does Canada's economy depend on trade with the U.S.?

598.209 - 614.089 Tom Zawistowski

Albertans were saying, hey, you know what? We'll be ultra-North Texas. Let's make a swap, and let's, you know, and they weren't aware of what's going on in Minnesota, but Minnesota can go into the I've lost my mind Quebecois division and do it.

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614.35 - 633.114 Tom Zawistowski

But you have to remember, there's a country up there that's got a lot of conservative people that are in Alberta in particular, and they have built a GDP bigger than Canada. But right now, they've got... Terrible leadership. And the last election, you think we were in pain about our choices.

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633.515 - 641.982 Tom Zawistowski

They were in pain going, can you imagine the people that were moderate and conservative going, is Paul LeVere actually going to blow this? I can't believe this.

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642.002 - 661.761 Patrick Bet-David

He did. It's one of the worst ever in the history of mankind, at least in our lifetime, with what he did. And honestly, I don't want to go and give him a hard time about it, but he's probably one of the— We would never do that. No, not right now. I don't want to do that. But, you know, a guy next to me from Canada, and he doesn't want to leave Canada. He loves Canada.

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662.322 - 677.241 Patrick Bet-David

But he says, Pat, you have to realize in Canada, this is the fear people have in Canada. You can't say anything pro about Canada. God forbid you say anything pro about Canada, you won't even believe what happens to it. You say anything pro about Trump in Canada. Well, you know, Trump's got a good point. Trump's got this.

Chapter 5: What are the risks of Canada making deals with China?

677.261 - 692.102 Patrick Bet-David

Trump's got that. Until they get over that fear... of the values and principles, being comfortable talking about, maybe Trump is right about a couple things. Until they do that, they're going to continue living on this socialistic, whatever regime you want to talk about in Canada.

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692.122 - 716.997 Patrick Bet-David

By the way, some of the best people in the world, if you want to go have conversation, they're funny, they're loud, they're cool to be around, they're tough in their own way. And by the way, just so you know, good luck walking around anywhere here without running into Canadians. I'll get my next one. Guys will say, Pat, I just moved from Toronto to Fort Lauderdale. How do I make friends here?

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717.418 - 732.797 Patrick Bet-David

I'm trying to find something. I got a family. I got kids. I'm a businessman. I'm this, I'm that. I said, Manek me. I'll introduce you to the boardroom. We'll become a member. You'll make friends. And it happens all the flipping time here. All right, let's continue. Let me get to the next story here. Next story I want to get to is...

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734.414 - 754.988 Patrick Bet-David

Scott Jennings, and I know I'm going back to one of the stories, but I have to show you this because there's two clips I want to show. This is the fear porn that you have to be thinking about. Scott Jennings has to explain to CNN why immigration enforcement officers run smoothly in other states but not in Minnesota. Watch this exchange here, folks. This is Scott does a clinic. Go for it.

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755.103 - 766.986 Mark Carney

on this new reporting that we just heard from our Kristen Holmes at the White House that President Trump is frustrated with the messaging around his immigration efforts and wants to change the narrative. How do you see it?

767.135 - 784.203 Unknown

Well, I'd be frustrated, too, if I were faced with this wall of propaganda every single day, and if I were faced with these recalcitrant Democrats in Minnesota who simply won't cooperate with the federal government. All over this country, states and cities all over the country, you have cooperation going on between the locals and the federal government. You don't see any chaos.

784.223 - 793.699 Unknown

You see very orderly transitions of illegal aliens into federal custody. They go into deportation. It works just fine. The only difference in Minnesota is you have walls

793.679 - 807.437 Unknown

And Fry and Flanagan and the rest of these local Democrats who don't want to cooperate, they think that Minnesota somehow should exist in, I guess, some state of secession where federal laws don't apply to people inside the state of Minnesota. It is causing chaos.

807.477 - 818.931 Unknown

And if I were the president, I would be frustrated about that, too, because, you know, narratives aside, he's the chief law enforcement officer of the United States, and he has to enforce the law in all 50 states. Bingo. Bingo.

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