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Date: 2025-08-21 Page is: DBtxt003.php txt00028634
CANADA
CARNEY (CANADA) OUTSMARTS TRUMP (USA)

PPR Mundial: Trump Goes Nuts as He Realize Canada
Steals US Biggest Trade Allies With $214 Billion Deals


Original article: https://www.youtube.com/watch?v=WoKegAXtAzQ
Peter Burgess COMMENTARY



Peter Burgess
Trump Goes Nuts as He Realize Canada Steals US Biggest Trade Allies With $214 Billion Deals

PPR Mundial

197K subscribers

Jun 8, 2025

Canada just shocked the world with a $214 billion trade agreement that signals a major shift in North American economics. As the US doubles down on tariffs and isolation, Canada is building bridges with Asia, Latin America, and Europe, reshaping its economy and gaining global partners.

🔍 What’s in the deal?

⚙️ Which US industries are now at risk?

📉 Why are American automakers, steel buyers, and farmers panicking?

This video unpacks how Canada’s strategy of “predictability and partnership” is attracting investors, while the US faces backlash for its aggressive protectionism.

Subscribe now for in-depth geopolitical and trade analysis.

Chapters:
  • 00:00 – Intro: Canada’s $214 Billion Trade Surprise
  • 00:45 – The Collapse of the US–Canada Trade Balance
  • 01:30 – Trump’s Tariff Legacy and Canada’s Strategic Pivot
  • 02:15 – Canada’s Asia-Latin America Expansion Explained
  • 03:00 – US Businesses Under Pressure: Auto, Energy, and Agriculture
  • 03:45 – Predictability vs. Protectionism: Why Investors Choose Canada
  • 04:30 – Mark Carney’s Transformation Strategy
  • 05:15 – Export Surge in Canada vs. Stagnation in the US
  • 06:15 – Global Impact: What the Trade Shift Means for Supply Chains
  • 07:30 – Winners, Losers, and What’s Next in North American Trade
  • 08:30 – Final Thoughts & Viewer Engagement
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Transcript
  • Intro: Canada’s $214 Billion Trade Surprise
  • 0:00
  • general Motors facility in Ashawa
  • Ontario is the latest Canadian auto
  • plant to feel the effect of US tariffs
  • amazon Jeff Bezos sources telling CNN
  • that the president at one point wasn't
  • happy earlier today one by one Canada is
  • attracting trade partners that have
  • 0:15
  • broken away from the US with a massive
  • 0:18
  • $214 billion deal canada has stunned
  • 0:21
  • everyone in today's turbulent global
  • 0:23
  • economy the move has turned the USC
  • 0:25
  • Canada trade relationship which had
  • 0:27
  • seemed stable and robust for years on
  • 0:30
  • its head while the United States
  • 0:31
  • struggled with tariffs and isolationist
  • 0:33
  • policies Canada forged new ties in
  • 0:36
  • different parts of the world and opened
  • 0:38
  • the door to a whole new era so what does
  • 0:41
  • this trade war change for the US economy
  • 0:43
  • which sectors from agriculture to
  • The Collapse of the US–Canada Trade Balance
  • manufacturing are being hit by Canada's
  • expanded global network we will examine
  • the details of the latest developments
  • in the world together don't forget to
  • subscribe to our channel turn on
  • notifications and like to stay uptodate
  • with our content for many years Canada

  • 1:00
  • has relied on the United States for
  • almost 34 of its exports historical ties
  • mutual reassurance and geographical
  • proximity had created an unshakable
  • sense of friendship between the two
  • countries but Washington's harsh tariff
  • policies which began in 2023 and became
  • more pronounced after 2024 quickly
  • shifted the balance president Donald
  • Trump's aggressive tariffs which were
  • more aggressive than in his first term
  • and nearly double tariffs on steel
  • aluminum and automobiles shook the

  • Trump’s Tariff Legacy and Canada’s Strategic Pivot
  • 1:30
  • market to its core when the tariffs on
  • Canada first reached 25% and then 50%
  • the traditional course of trade suffered
  • a major break this was also made
  • tangible by Canadian Prime Minister Mark
  • Carney's outspoken declaration during
  • his visit to Washington the old
  • relationship is over the dissatisfaction
  • that had until then been discussed
  • behind closed doors was suddenly voiced
  • in front of the whole world everyone
  • from small and medium-sized companies to
  • giant factories started to get nervous

  • 2:01
  • because tariff increases of up to 50%
  • were not harmless for any company when
  • Canadian steel producers informed US
  • buyers that their prices would double it
  • was clear that this was no bluff the
  • final straw as the famous expression

  • Canada’s Asia-Latin America Expansion Explained
  • 2:15
  • goes was the threat of attacks on
  • Canadian energy because Canada is a
  • critical player in the supply of oil and
  • natural gas to the US no one envisioned
  • attacks on this area however the
  • rhetoric of attacks started to fly in
  • the air leading companies to wonder what
  • other surprises will we face in the
  • future thus Canada accelerated its
  • expansion into different geographies
  • instead of moving away from the US its
  • biggest customer towards the end of 2024
  • giant trade agreements in Asian and
  • Latin American markets came to the four
  • the comprehensive economic partnership
  • agreement with Indonesia a country of
  • 280 million people was a key example of
  • this new era covering a wide range of

  • US Businesses Under Pressure: Auto, Energy, and Agriculture
  • 3:01
  • sectors from electronics to mining and
  • eliminating 90% of tariffs this
  • 3:58
  • agreement tied Canada much more strongly
  • to the Asian market at the same time
  • Ottawa doubled down on its Indopacific
  • strategy announcing a $2.3 billion
  • support package proving that its
  • presence in the region would not be
  • accidental but
  • systematic while all this was happening
  • the picture in the US was different as
  • usual producers farmers and consumers
  • felt the sudden surge of tariffs
  • business leaders in states from Michigan
  • to Missouri sent letter after letter to
  • the Trump administration auto industry
  • titans worried that vehicle prices would
  • rise by thousands of dollars undermining
  • consumer demand and tariffs on steel

  • Predictability vs. Protectionism: Why Investors Choose Canada
  • 3:46
  • from Canada and elsewhere have sent US
  • steel distributors costs spiraling out
  • of control the future of mill workers
  • became uncertain farmers began to look
  • for new markets fearing that retaliatory
  • tariffs could target their crops there

  • 4:00
  • was only one question on everyone's mind
  • who will pay for these trade walls the
  • answer was clear us businesses and end
  • consumers alike canada on the other hand
  • was promoting itself as a safe harbor
  • unlike the US which retreated or became
  • unpredictable Ottawa promoted the slogan
  • 'We create
  • predictability.' This slogan was not
  • simply an advertising promise but a
  • political economic and diplomatic
  • strategy canada quickly expanded

  • Mark Carney’s Transformation Strategy
  • 4:30
  • agreements with global players such as
  • the European Union Japan Australia and
  • India foreign investors realized that it
  • made more sense to open a campus set up
  • an R&D lab or build a factory in Canada
  • rather than face uncertainty in the US
  • that's why FDI inflows to Canada
  • increased by 9% while investment in the
  • US fell by 28% over the same period in
  • Canada billions of dollars of new
  • resources have even started flowing into
  • battery and critical minerals projects

  • 5:01
  • in the US the agricultural sector in
  • particular has been squeezed citrus
  • growers in Florida bourbon producers in
  • Kentucky all felt the impact of
  • retaliatory tariffs or difficulties
  • accessing the Canadian market as
  • extraordinary tax hikes hit key sectors

  • Export Surge in Canada vs. Stagnation in the US
  • 5:16
  • of the economy the business community
  • began to ask 'Why is Washington acting
  • so aggressively?' In the political arena
  • some political advisers made veiled
  • jokes such as 'When Canada becomes our
  • 51st state we won't have to worry about
  • taxes.' But this did not make Canadian
  • officials or global investors laugh on
  • the contrary Canada has started to reap
  • the rewards of presenting itself as a
  • safe stable and rules-based market from
  • Europe to Asia with the idea that if
  • America builds walls let's build bridges
  • three in the midst of all this a giant
  • $214 billion trade agreement has
  • dominated the agenda this multis
  • sectoral package which Canada has signed

  • 6:00
  • with new partners in Asia and Latin
  • America is weakening the United States's
  • traditional
  • partnerships experts are calling it the
  • biggest policy failure of the decade
  • because the US is not only penalizing

  • Global Impact: What the Trade Shift Means for Supply Chains
  • 6:15
  • foreign producers but also forcing
  • domestic buyers to look for alternatives
  • president Trump's tariff campaign which
  • has continued to escalate in the
  • following days has hit the automobile
  • and energy sectors particularly hard the
  • North American Automotive Manufacturers
  • Association announced that the impact of
  • the tariffs on vehicle prices has begun
  • to fall on the backs of both consumers
  • and manufacturers for US consumers the
  • announcement fueled concerns at a time
  • when grocery bills and gasoline prices
  • are also rising not only large
  • corporations but also small businesses
  • are complaining about the rising cost of
  • doing business some are turning to
  • markets outside the US or looking for
  • ways to shift production from Canada to
  • Mexico but it is important to remember
  • that similar tax tensions exist in

  • 7:01
  • Mexico these trade tensions are not
  • limited to the USC relationship while
  • the US is trying to curb imports by
  • imposing tariffs countries like Canada
  • which pursue softer policies are also
  • expanding their share while the Canadian
  • economy continued to grow by
  • 2.6% export growth on the US side
  • remained as low as 1% the gap is wide
  • ranging from agricultural products to
  • industrial goods from automotive parts
  • to pharmaceuticals at a time of US

  • Winners, Losers, and What’s Next in North American Trade
  • 7:31
  • protectionism Canada's appeal to
  • European producers coincides with its
  • message that our market and our
  • agreements are open to everyone this
  • message has led to a series of economic
  • cooperation agreements these include
  • agreements on critical minerals green
  • energy artificial intelligence and
  • advanced manufacturing in fact Canada's
  • historically US dependent economy is
  • undergoing a transformation of its own
  • and Washington's tough stance has
  • accelerated this transformation time
  • will tell whether this is a case of
  • Canada winning the US losing or whether

  • 8:02
  • this process will lead to a renewal of
  • both sides in the long run some analysts
  • emphasize that these steps taken by the
  • US to protect its domestic market will
  • boost some domestic sectors in the short
  • term but in the medium and long-term the
  • cost of losing important partners will
  • be heavier global companies that have
  • deepened their trade networks over the
  • last decade do not like it when a
  • country suddenly starts building walls
  • this is because issues such as supply

  • Final Thoughts & Viewer Engagement
  • 8:30
  • chains joint R&D projects and capital
  • flows need stability and predictability
  • this is where Canada's emphasis on
  • predictability is critical when Trump
  • woke up one morning and raised the steel
  • tariff from 25% to 50% or imposed a 25%
  • tariff on automobiles it upset the
  • strategic planning of companies it's no
  • wonder that even Canada is increasingly
  • turning away from the US the US is
  • self-destructive but we can't stand by

  • 9:00
  • and let it bring us down say
  • representatives of major corporations in
  • Ottawa according to the World Bank's
  • 2024 report Canada is increasing its
  • integration into global trade networks
  • while the US wants to return to a more
  • protected model the question arises when
  • the trade war escalates how will it
  • affect everything from consumer prices
  • to the industrial supply chain time will
  • tell but early indications are that
  • Canadian producers are aggressively
  • expanding exports to Asia and Europe
  • while partially protecting their share
  • of the US market so what do you think
  • about this let us know what you think in
  • the comments please don't forget to
  • subscribe to our channel and turn on
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