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What happens if there's no deal on Aug 1? Will Canada retaliate?
Jul 23, 2025
How realistic is it to get a deal by August 1st? ... Can you elaborate on what that means to get a good deal for Canada tangibly? What does that include? And if we can't get there, will Canada retaliate? -- This video has automatic dubbed versions. Go to Setting / Audio track and select your preferred language among the following: - English - Dutch - French - German - Hindi - Indonesian - Italian - Japanese - Korean - Polish - Portuguese - Spanish Thanks for watching!
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0:00
Hi, Mickey with Politico here. How
0:01
realistic is it to get a deal by August
0:04
1st?
0:05
Well, uh that depends. I mean, there's
0:07
two sides to a deal. Um we will uh
0:10
obviously we're working on behalf of
0:12
Canadians and uh uh we will agree a deal
0:15
if there's one on the table that is in
0:17
the best interest of Canadians just as
0:19
uh the United States will do in the uh
0:21
look for the best interests of the of
0:23
the US. There have been a series of
0:24
discussions. Um senior ministers have
0:28
been in Washington. and they'll be
0:29
returning. Mr. Leblah, for example, will
0:31
be in Washington for the balance of the
0:32
week, as will be my chief of staff,
0:34
other officials uh for those
0:35
discussions, but you know, they're
0:37
complex uh negotiations and we'll use
0:39
all the time that's necessary uh and
0:43
agree something that's in the interest
0:46
of Canadians if that's available. Thank
0:49
you,
0:51
Rachel Aello, CTV News. Uh can you
0:53
elaborate on what that means to get a
0:55
good deal for Canada tangibly? What does
0:57
that include? And if we can't get there,
0:59
will Canada retaliate?
1:01
Well, uh the first thing is we're
1:03
working positively uh for a deal. Uh
1:07
we'll take stock if there isn't one uh
1:09
that works, but that that depends on the
1:11
overall circumstance. Um uh that's
1:13
that's the first uh the the elements of
1:16
what's positive and let let's let's
1:18
start from the position of you know
1:20
really uh the longest standing and one
1:22
of the largest trading relationships in
1:24
the world between Canada and the United
1:25
States a relationship until recently
1:27
that hadn't been tariff-free uh
1:29
relationship that has many integrated
1:31
sectors including the auto sector the
1:33
steel sector uh the energy sector uh and
1:36
beyond um and so a good deal is
1:39
something that uh preserves reinforces
1:42
and stabilizes those relationships as
1:43
much as possible. Um, a good deal is
1:46
also one that doesn't tie our hands in
1:48
terms of other things uh that we can do
1:50
so that we can pursue that positive
1:52
agenda that we focus so much of our time
1:54
on. Um, and uh and and maybe just to go
1:57
back to the start uh of of of your
1:59
question, look, we'll we have
2:04
um a lot to do in this country. We have
2:06
a lot positive to do in this country.
2:09
building this country in in a way,
2:10
building one Canadian economy. We our
2:12
phone is ringing off the hook uh from
2:14
other countries who want to do more with
2:16
Canada. Uh I've had over 80 bilaterals
2:19
with world leaders since I became prime
2:21
minister. Uh number of those premers
2:23
have been on major trade uh missions. We
2:25
have other things to do and so we're
2:26
going to focus more and more of our time
2:28
on those positive uh aspects going
2:30
forward. Thank you. Uh it's the process
2:33
of uh the question was whether or not uh
2:36
this could divide uh the country. uh
2:38
because we have different uh parts of
2:41
the country uh uh proposing uh different
2:43
projects and um maybe I went on too long
2:46
but in effect what I was saying was that
2:48
u no actually it's the contrary many for
2:51
the projects to be of interest uh to be
2:53
of national interest um it has to
2:55
benefit multiple stakeholders multiple
2:57
provinces um advance our interests
2:59
advance the interests of indigenous
3:01
people uh also uh move us towards our
3:04
climate objectives so I gave the example
3:06
of um uh an intertie a uh project in uh
3:09
the northwest corner of British Columbia
3:11
which uh has benefits for the Yukon for
3:14
the Northwest Territories for Alberta
3:15
and actually unlocks uh critical
3:17
minerals and other investments. So
3:19
that's how you see uh the elements of
3:21
unification. theirs uh the porttoport to
3:23
port project that's been proposed by
3:25
four of the western the four uh western
3:27
provinces including BC and uh and the
3:30
territories be another example and wind
3:32
west um uh which uh in uh implicates uh
3:36
if I can put it that way all of the uh
3:38
Atlantic provinces okay
3:40
and the last bit in English was just um
3:42
well the first thing in terms of
3:44
addressing affected se sectors uh I
3:47
observe that there's a different
3:49
timeline uh for uh force products um
3:52
because it's part of a longerstanding uh
3:55
uh trade action by the United States.
3:56
There's a legal process. What we're
3:58
looking to do is is bring that into the
4:01
same timeline if possible as the other
4:02
negotiations. Uh uh we should address
4:05
it. Uh and um and we have proposals in
4:08
order to do that. We will have to see.
4:09
So it could be a different deadline or
4:11
timeline for uh addressing uh support
4:14
for those workers. Um with respect to
4:16
aluminum there has the impact has been
4:19
less than it has been in steel for a
4:21
variety of reasons but that's not but
4:22
but it's still an impact and uh uh for
4:25
all these sectors in effect as we get to
4:27
the start of the next month we'll be
4:29
taking stock and looking to provide
4:31
support all of which to say when one
4:33
looks and these aectors these sectors
4:35
are very much they are affected to
4:37
differing degrees but they are affected
4:39
it's understandable these are very large
4:40
tariffs this is very sharp change in
4:42
their trading relationship but when we
4:44
look at Um uh outside of those very
4:48
important sectors, steel, aluminum,
4:50
automobiles, forest products, uh
4:52
perspectively copper, um and
4:54
pharmaceuticals,
4:56
uh the effective tariff that faces most
4:58
Canadian goods and services is is is
5:01
very low. Um I just want to finish if my
5:04
out of Yeah. uh to re-emphasize um
5:09
uh to reemphasize um
5:12
uh the spirit of this meeting, the
5:14
substance of the meeting and the
5:16
substance of our approach uh which is
5:18
positive. This is about building this
5:20
country. We're getting more and more
5:22
concrete about how we're going to do
5:23
that. Uh and uh it's about building uh
5:26
other relationships. At the same time,
5:29
uh if at if best if at at all possible,
5:31
we would be developing um we would be
5:34
developing our relationships uh or you
5:36
know coming to uh a good accord with uh
5:38
with the United States. Uh but the
5:40
importance is to build up.
5:42
President Trump, just quickly, what
5:44
happens if there's no deal on August
5:46
1st?
5:46
Well, I mean, we'll see. We're working
5:48
to get the best deal for Canadians, and
5:50
that's the focus now. Uh I think what's
5:52
absolutely clear is we have a lot to do
5:55
in this country. We have a lot to do
5:56
that's positive to build. That's
5:58
becoming more concrete. Canadians are
6:00
excited about that. You know, people
6:02
like Canadians are
6:05
uh what's coming out is how
6:06
fundamentally positive um Canadians are.
6:08
They want to build. They want to move
6:10
forward. They don't want to uh dispute.
6:12
And if uh if if there's challenges uh
6:14
south of the border with that
6:15
relationship, uh we'll focus on on uh
6:18
what we can do in this great country.
6:20
And you know, if you're uh if you're
6:22
looking for uh where to spend uh your
6:24
vacation, uh Canadians are spending
6:26
their vacations uh uh across this great
6:29
land. And I just this my last word, I
6:31
will just give a short uh plug for the
6:32
One Canada Pass, which means that
6:34
visiting it's important visiting our uh
6:38
national parks, uh visiting our museums,
6:40
bringing your children, and including
6:42
bringing your children 18 and under
6:43
under via rail uh at these reduced
6:45
prices or free. Uh, and it's a pleasure
6:48
that Canadians are taking advantage of.
6:49
Can we
6:51
learn? Can we leverage the ostriches?
6:54
What I'll What I'll say what I what I'll
6:56
say to that what I'll say to that.
6:57
What I'll say no I'll say to that is
6:59
that uh
7:02
Canadians are fundamentally positive
7:04
people.
7:05
That's that's what Canadians are.
7:07
Canadians are making choices to uh visit
7:10
this great country um uh spend time here
7:14
um uh with their family, with their
7:16
friends. uh they're making choices to
7:17
buy Canadian projects or products. Uh
7:20
they're making and we're making choices
7:22
to build Canadian uh projects. That's
7:24
that is that is uh that is happy,
7:27
positive, um productive. Uh and that's
7:30
the true nature of of Canada.
7:31
Have you talked to President Trump
7:32
lately, if I remember?
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