Trump on Canada Trade Talks: 'We Have All the Cards'

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Transcript

00:00Canada, I put a charge on some of our companies, and Canada's been a very difficult country to deal with over the years.

00:08You know, we here in Canada, we have a great relationship with the people of Canada, but it's been very difficult.

00:13And they put a charge, and they were a little bit earlier, we found out about it.

00:18And we have all the cards, we have every single one.

00:21We don't want to do anything bad, but they have, economically, we have such power over Canada.

00:28I'd rather not use it, but they did something with our tech companies today, trying to copy Europe.

00:34You know, they copied Europe.

00:35It's not going to work out well for Europe either, and it's not going to work out well for Canada.

00:40They were foolish to do it.

00:42And so I said, we're going to stop all negotiations with Canada right now until they straighten out their act.

00:48Is there anything in Canada that you could change your mind about this?

00:51No, they put a tax on companies that were American companies that they shouldn't, a very severe tax.

00:58And, yeah, I guess they could remove it.

01:01They will, but I don't really, I mean, it doesn't matter to me.

01:04We have all the cards.

01:06We have all the cards.

01:07You know, we do a lot of business with Canada, but relatively little.

01:11They do most of their businesses with us.

01:13And when you have that circumstance, you treat people better.

01:17They've had farmers that are getting like 300, 400, 200 percent in tariffs.

01:24Nobody's ever seen anything like it.

01:25We have cases, you don't read this, and the people don't report, but they charge us 400 percent on some dairy products.

01:35400 percent.

01:36Nobody writes that.

01:37And it's not fair to our farmers, and we've got to protect our farmers.