Canadian Prime Minister Mark Carney held a press briefing on Thursday where he announced new tariffs on the United States.
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NewsTranscript
00:00Yesterday marked the latest in President Trump's unprecedented series of U.S. tariffs that
00:09are designed to reshape the international trading system. The ambition of these measures
00:16is enormous. The effects on the global economy will be monumental. We received confirmation
00:23that the latest reciprocal tariffs will not be imposed on Canada. At the same time, President
00:32Trump confirmed that the tariffs announced last week against our auto industry will come
00:38in and indeed have come into effect today. So while it's progress that further tariffs
00:45were not imposed on Canada yesterday, the President's actions will reverberate here
00:51in Canada and across the world. Three sets, three different sets of U.S. tariffs remain
00:58in place and will continue to pose significant threats to Canadian workers and Canadian businesses.
01:07And while they have been imposed under different premises, some things are consistent. They
01:16are all unjustified, unwarranted, and in our judgment, misguided. And we are already
01:24seeing the consequences. Just last evening, workers from Unifor Local 444, with whom I
01:32met last week, learned that their auto assembly plant in Windsor will be shutting down for
01:39at least the next two weeks. That's 3,600 workers who are now out of work, not by their
01:47choice. Workers who now worry how they're going to put food on the table and pay their
01:53bills. I and my government stand in solidarity with those workers in Windsor and all those
02:00workers hurt by President Trump's tariffs. And that's why we committed from the very
02:06start that all, and I repeat, all of our tariff proceeds will go to protect workers
02:13affected by the tariffs.
02:16Les premiers tarifs ont été annoncés en février. Après une brève pause, ils ont
02:26été remis en place en mars. Selon l'administration Trump, ils ont été mis en place en réponse
02:34au trafic de fentanyl qui aurait lieu à notre frontière commune. Pourtant, 0,20%
02:45de fentanyl qui entre aux États-Unis vient du Canada. Et malgré ce fait, le gouvernement
02:52président a agi dès décembre avec un plan frontalière robuste d'un virgule trois milliards
03:04de dollars. Un plan qui implique de nouveaux outils pour nos forces policières, des hélicoptères,
03:16des drones et des équipes canines pour détecter et empêcher le trafic de fentanyl et des
03:21produits chimiques utilisés pour produire cette drogue.
03:28That plan is working. As U.S. Customs and Border Protection themselves have acknowledged,
03:34there was a 97% drop in fentanyl seized at our shared border in January compared to December.
03:43In fact, Canada was not mentioned once in the United States annual report that lists
03:48the biggest threat to that country.
03:51Just last night, the U.S. Senate made it clear that these tariffs are a mistake. The Senate
03:57voted to repeal them in a symbolic but important assertion of both fact and solidarity.
04:06The second set of U.S. tariffs were imposed in March on steel and aluminum imports from
04:11around the world, including Canada. Canada has long been the United States' main supplier
04:18of these materials, materials that are vital to building Americans' homes, their cars,
04:23their bridges, their consumer goods, and so much more. These materials are vital to
04:28powering America's economy.
04:32The President pursued similar tariffs on steel and aluminum during his first term, a process
04:38which led to thousands of lost jobs in America. Then, as now, those tariffs were in clear
04:46violation of trading agreements. Today, it's KUSMA, an agreement that the President himself
04:51negotiated and promoted during his first term, an agreement that we in Canada have
04:58upheld in good faith.
05:02Last week, the President and his administration announced their third set of tariffs, this
05:08time against auto imports primarily from Mexico and Canada. In the year I was born, Canada
05:15and the United States signed the Auto Pact, an agreement that ended auto tariffs between
05:21our nations and began a 60-year period – you can guess my age – a 60-year period of close
05:28cooperation, partnership, job growth, and prosperity. And that era has now ended, unless
05:37the United States and Canada can agree on a new comprehensive approach.
05:43Yesterday's actions by the U.S. administration, while not specifically targeting Canada, will
05:50rupture the global economy and adversely affect global economic growth. The global
05:58economy is fundamentally different today than it was yesterday. The system of global trade
06:03anchored on the United States that Canada has relied on since the end of the Second
06:09World War, a system that, while not perfect, has helped to deliver prosperity for our country
06:16for decades, is over.
06:20Our old relationship of steadily deepening integration with the United States is over.
06:26The 80-year period when the United States embraced the mantle of global economic leadership,
06:31when it forged alliances rooted in trust and mutual respect, and championed the free and
06:36open exchange of goods and services, is over.
06:42While this is a tragedy, it is also the new reality.
06:48We must respond with both purpose and force.
06:54We are a free, sovereign, and ambitious country.
06:59We are masters in our own home.
07:02Nous sommes maîtres chez nous.
07:04Nous contrĂ´lons notre destin.
07:07Nous allons tracer notre propre voie.
07:11Nous choisissons de nous battre, de protéger, et de bâtir.
07:18Nous allons nous battre contre ces tarifs jusqu'à ce qu'ils soient annulés.
07:25Nous allons protéger nos travailleurs et nos entreprises pendant cette période difficile.
07:31Surtout, nous allons bâtir une économie canadienne renouvelée.
07:37Nous allons bâtir un Canada fort.
07:43We will fight to bring each of these tariffs to an end.
07:47We're fighting in courts, challenging that these tariffs have been illegally imposed
07:52under U.S. law.
07:55We have filed disputes underscoring that they are in violation of our free trade agreement,
08:00COSMA.
08:02We have gone to the World Trade Organization because these actions are against international
08:05trade law.
08:09We are responding today with, and we have responded throughout, with carefully calibrated
08:16and targeted counter-tariffs.
08:17Hier, j'ai rencontré mon conseil sur les relations canado-américaines.
08:24J'ai tenu une rencontre du Comité de conseil des ministres sur les relations canado-américaines.
08:34J'ai aussi convoqué les premiers ministres des provinces et territoires pour la troisième
08:39fois en automne de cemaine.
08:43Nous sommes unis.
08:46Nous sommes déterminés.
08:48As I told President Trump during our call last week, Canada will respond to the U.S.
08:56auto-tariffs.
08:57And today, I'm announcing that the Government of Canada will be responding by matching the
09:02U.S. approach with 25% tariffs on all vehicles imported from the United States that are
09:10not compliant with COSMA, our North American Free Trade Agreement, and on the non-Canadian
09:17content of COSMA-compliant vehicles from the United States as well.
09:23Our tariffs, though, unlike the U.S. tariffs, will not affect auto parts because we know
09:28the benefits of our integrated production system.
09:33And they will also not affect vehicle content from Mexico, who is respecting the COSMA agreement.
09:42And as well, we are developing a framework for auto producers in Canada to get relief
09:49from these counter-tariffs as long as they maintain their production and investment in
09:55our country.
09:57Importantly, every single dollar raised from those counter-tariffs, our counter-tariffs,
10:04which could reach around $8 billion before remission, will go directly to our auto workers
10:12and the companies affected by those tariffs.
10:16And that's on top of a $2 billion fund we announced last week to build a made-in-Canada
10:22auto sector, a fund that a new liberal government would implement should we be elected.
10:52And that's on top of a $2 billion fund we announced last week to build a made-in-Canada
10:59auto sector, a fund that a new liberal government would implement should we be elected.
11:04And that's on top of a $2 billion fund we announced last week to build a made-in-Canada
11:11auto sector, a fund that a new liberal government would implement should we be elected.
11:18And that's on top of a $2 billion fund we announced last week to build a made-in-Canada
11:21auto sector, a fund that a new liberal government would implement should we be elected.
11:28And that's on top of a $2 billion fund we announced last week to build a made-in-Canada
11:35auto sector, a fund that a new liberal government would implement should we be elected.
11:42Our retaliatory tariffs that we previously announced in response to the United States'
11:47United States' other tariffs will remain in effect.
11:51You know, we take these measures reluctantly, and we take them in ways that it's intended
11:57and will cause maximum impact in the United States and minimum impact here in Canada.
12:06And we should be aware that the President and his administration have also signaled
12:09that tariffs will be applied on what the Americans term as strategic sectors, pharmaceuticals,
12:17semiconductors, lumber, and agriculture.
12:22In the days and weeks to come, we will tell our American counterparts that it would be a mistake,
12:30that the issue of supply is not on the table,
12:34that any new commercial measure would require a calibrated response,
12:39but an energetic response from Canada,
12:43and that the time has come to renegotiate our economic and security partnership in depth.
12:54As President Trump and I agreed last week, he and the Prime Minister of Canada
12:58will sit down immediately following the election to find areas of common ground and agreement
13:04in a new economic and security partnership.
13:08I told the President that I will be working hard for the next month
13:11to earn the right to represent Canada in those discussions,
13:15to get the best deal for Canada under the new U.S. approach.
13:20At the same time, Canada must be looking elsewhere to expand our trade,
13:26to build our economy, and to protect our sovereignty.
13:30Canada is ready to take a leadership role in building a coalition of like-minded countries
13:35who share our values.
13:38We believe in international cooperation.
13:42We believe in the free and open exchange of goods, services, and ideas.
13:47And if the United States no longer wants to lead, Canada will.
13:54Canada is strengthening our trading relationships with reliable partners.
14:00Earlier this week, I spoke to the Mexican President, Mrs. Scheinbaum.
14:07I just spoke with German Chancellor Olaf Scholz.
14:12I had many conversations with the President of the European Commission, Ursula von der Leyen.
14:19And in my first week in office, I met the Prime Minister of the United Kingdom,
14:26Keir Starmer, and French President Emmanuel Macron.
14:30We are all opposed to the U.S. government's approach.
14:34And we are all in favour of free and fair trade.
14:42My government understands that Canadians hurt by the unjustified tariffs will need our support.
14:49And to our workers producing sustainable, high-quality lumber in Smithers, Prince George, and Elmsdale,
14:55to our workers extracting oil and gas around Fort McMurray and in northeastern B.C.,
15:01aux travailleurs dans les alumineries du Saguenay,
15:06to our workers at the steel mills in Hamilton, Sault Ste. Marie, and La Vosge,
15:11to our workers at auto assembly plants in Windsor, Ingersoll, and Oakville,
15:16to all our workers who might be worried about their next paycheck and their futures,
15:20the federal government will do everything in our power to protect you and your careers.
15:28In this new world, we have to look out for ourselves.
15:32And because we are Canadian, we will always look out for each other.
15:40La semaine dernière, j'ai annoncé plusieurs mesures ciblées pour soutenir les travailleurs
15:46et les entreprises directement touchées par la guerre commerciale de Président Trump.
15:51Pour les travailleurs, nous avons supprimé le délai d'une semaine pour obtenir l'assurance-emploi.
16:00Nous avons fait en sorte qu'ils n'aient pas à épuiser leur indemnité de part avant de toucher l'assurance-emploi.
16:17Et nous avons facilité l'accès à l'assurance-emploi.
16:24Comme je l'ai dit et répété, mon gouvernement va utiliser chaque dollar tiré de nos comptes de tarifs
16:32pour soutenir les travailleurs canadiens tant et aussi longtemps que cette guerre commerciale perdure.
16:42Nous allons aussi appuyer les entreprises canadiennes.
16:46Nous avons reporté les paiements d'impôts sur le revenu ainsi que les versements de la TPS et de la TVH pour les entreprises.
16:55Nous avons mis en place de nouvelles mesures pour leur fournir de l'équité et une aide financière importante
17:03qui va aider nos entreprises Ă braver cette tempĂŞte.
17:09Et nous avons augmenté le financement des agences de développement régionales.
17:16Fighting back against U.S. tariffs and protecting our workers are our most immediate priorities.
17:23But they are not sufficient.
17:26Our task as a nation in the coming weeks and months and years is to think bigger and to act bigger.
17:34We can draw strength right now from each other.
17:39From Canadians who are supporting local businesses,
17:42Canadians who are buying Canadian,
17:44Canadians who are changing their travel plans,
17:47and Canadians who are helping each other as neighbours.
17:51We are powerful when we act together.
17:55From providing refuge to stranded passengers in Gander to fighting forest fires in California,
18:01Canadians have done extraordinary things for Americans when they needed it most.
18:06Now, more than ever, we need to do extraordinary things for ourselves.
18:12We will need to do things previously thought impossible at speeds we haven't seen in generations.
18:20Breaking down internal trade barriers so that we can have one Canadian economy, not 13.
18:27Making Canada more productive and competitive.
18:32Building things in this country again.
18:35Millions more homes.
18:36Building clean and conventional energy.
18:39Building more public transport, more mines, more assembly lines.
18:43Building new trade corridors with reliable partners.
18:47Building a Canada that works for everyone.
18:51A Canada that everyone can afford.
18:54A Canada worthy of its people.
18:59Last week, I met a teacher from Glen Williams Public School in Georgetown, Ontario.
19:06And she told me about a routine assessment, routine assignment rather,
19:12that she had given to her nine and ten-year-olds.
19:15And the children were asked to describe their dreams for Canada.
19:20So some kids wrote about a country free of poverty.
19:24Other dreamt of clean air and water or a place where everyone enjoyed equal rights, dignity and respect.
19:31These are what we all want for ourselves and for each other.
19:35But many, many also wrote about tariffs and threats to our sovereignty.
19:45Words that I hadn't met at that age.
19:49And I'm going to quote one which is representative.
19:56I dream of a safe, a kind and a clean Canada.
20:02A Canada that is not the U.S.
20:10Our children should be able to dream about a positive future.
20:16Not worry about an economic crisis.
20:21Canadians are worried.
20:24And it's normal when there are big changes.
20:29It's not us who have changed.
20:33We have remained the same, reliable, proud and strong.
20:38Nous vivons dans un nouveau monde.
20:43Et ça vient avec nouveaux défis.
20:48Given the prospective damage to their own people,
20:51the American administration should eventually change course.
20:57But I don't want to give false hope.
21:01The President believes that what he is doing is best for the American economy.
21:05He believes that it's best for American workers.
21:08And although their policy will hurt American families,
21:11until that pain becomes impossible to ignore,
21:15I do not believe they will change direction.
21:18So the road to that point may indeed be long.
21:22And it will be hard on Canadians,
21:25just as it will be on other partners of the United States.
21:28It will require us to make difficult choices.
21:32It will require sacrifices.
21:35I have no doubt we will rise to the challenge,
21:39because that's who we are as Canadians.
21:42We have done hard, seemingly impossible things throughout our history.
21:48We conquered the unconquerable at Vimy and Juneau Beach.
21:51Nous avons bâti un pays qui unit les langues,
21:56les cultures et les croyances différentes.
22:00Et en le faisant, nous sommes devenus plus forts.
22:06We created public Medicare.
22:07We confronted our own past with Indigenous peoples.
22:11We answered the call to defeat fascism.
22:14We know we are not always perfect,
22:17but we always strive to be good.
22:20We do not do things because they're easy,
22:22but because they are right.
22:26We will rise to meet this challenge,
22:29and we will emerge stronger.
22:33So to those kids at Glenn Williams Public School,
22:37don't worry.
22:39With your spirit, with that of your parents,
22:43their friends, and people like them across this great country,
22:47all pulling for Canada,
22:49we will build an even better Canada for your future,
22:54because that's who we are.
22:56We are Canada.
22:58Canada strong.
23:00Our Canada fall.
23:01Thank you very much.
23:02Merci.
23:03I'll be pleased to take your questions.
23:05Bonjour tout le monde.
23:05We'll now start with the press conference.
23:07We'll take 15 minutes of questions.
23:09One question, one follow-up.
23:10On a 15 minutes.
23:11Une question.
23:12Annette, s'il te plaît.
23:13Laurence.
23:13Merci.
23:14Bonjour, M. Carney.
23:15Laurence Martin de Radio-Canada.
23:17Il n'y a pas eu de recul, vous l'avez dit,
23:18il n'y a pas eu de recul de M. Trump sur les tarifs
23:21déjà annoncés pour le Canada, comme sur le secteur de l'auto.
23:24Est-ce que ça veut dire que votre appel avec M. Trump
23:26la semaine dernière, finalement, n'a pas été si productif
23:29que ça?
23:30Je crois que vous avez raison, et comme je viens de décrire,
23:37il n'y a pas de recul des tarifs par rapport à la fontanée,
23:42l'acier, l'aluminium, et puis le secteur automobile.
23:49L'appel avec M. le Président, nous avons fait de progrès,
23:54on peut le voir avec le résultat par rapport aux tarifs.
24:01Nous avons eu le meilleur accord d'une série de mauvais accords.
24:07Ça, c'est la vérité qui est dans ce cas.
24:10Première chose.
24:10Deuxièmement, nous sommes d'accord, M. le Président et moi,
24:16nous sommes d'accord qu'au début de mai,
24:19il y aura le commencement des discussions globales
24:25en ce qui concerne le partenariat économique et sécuritaire
24:28du Canada et des États-Unis.
24:31Alors, encore, ça, c'est du progrès,
24:34parce qu'on ne peut pas faire du progrès avec chaque initiative,
24:38chaque enjeu.
24:39Il faut avoir une discussion globale entre les deux pays
24:44souverains.
24:45In English, before a microphone.
24:48You're absolutely right.
24:50The core tariffs with respect to fentanyl, automobiles,
24:55steel and aluminum remain in place with respect
24:58to an enormous series of trade measures
25:01that were announced yesterday.
25:03We have the best deal of a series of tough deals,
25:09bad deals in many respects.
25:12That is progress.
25:13That is recognizing the partnership.
25:15As well, what was also progress in the call the President
25:19and I had last week is this agreement that we will sit down,
25:23future Prime Minister and him as President,
25:25will sit down and begin negotiations on the overall
25:29economic and security partnership with Canada.
25:31And that's important, in my judgment,
25:34because we will not make progress on individual items.
25:38We can only make progress as a whole in a relationship
25:42that is being redefined.
25:44And, of course, as I said in my remarks,
25:46and as I said to the President, and as I said at the time,
25:49I'm working hard to ensure or to earn the right, rather,
25:54to earn the right to represent Canada at those negotiations.
25:58And then, do you intend to impose a coordinated response
26:01with other countries against the United States?
26:04At this time, no.
26:07In short, no.
26:09We have discussions.
26:10We have discussions.
26:12I have several discussions with the other heads of state,
26:16heads of government in Europe, Mexico,
26:20and other parts of the world.
26:23But they are positive discussions.
26:26How can we increase commercial relations
26:30between our country and our jurisdictions?
26:33It's not about having a negative or coordinated response
26:37against the United States.
26:39Okay? Thank you.
26:41Hello.
26:43Your predecessor, Justin Trudeau,
26:46invited the other heads of state to joint meetings
26:52to show that Canada is united,
26:54that there is a united front against Mr. Trump.
27:00Why, if you put your electoral campaign on hold
27:03and you are in the Prime Minister's shoes
27:05and you say it's a non-partisan issue,
27:07why don't you do like Mr. Trudeau
27:09and invite the other heads of state to a meeting or a call?
27:13The other heads of state are aware of our response.
27:22As far as Canadian coordination is concerned,
27:27I have several discussions with all the Prime Ministers
27:30of provinces and territories in groups
27:33and in a bilateral sense,
27:36I have discussions with union leaders,
27:39Indigenous leaders, MPs, all of that.
27:44There is a lot of consultation and coordination.
27:47And we have a Canadian team for the United States.
27:53And if I may say so,
27:57the Prime Minister's meeting today
28:01was fantastic in that sense,
28:07because we are all aligned.
28:10All aligned.
28:12Okay, that doesn't really answer my question,
28:14but I'm going to go to another subject,
28:16the management of the work.
28:18You said you wanted to protect the management of the work,
28:21but are you committed,
28:22if you are elected Prime Minister of the next government,
28:25to submit a bill,
28:28as there was one in front of the House of Commons,
28:31to the Senate to really register it in a law
28:34that the management of the work is a red line,
28:36it cannot be part of a commercial negotiation,
28:39since the previous government, the outgoing government,
28:43had voted for such a bill.
28:45So are you committed to submitting it?
28:47Okay.
28:49We'll start with the fact that this is a new government.
28:53There are changes.
28:54There is a new Prime Minister, a new government.
28:57And as far as the negotiations with the United States are concerned,
29:04as soon as the 1st of January, or mid-January,
29:07in fact, when I started my campaign
29:11for liberal chivalry,
29:14I said clearly that the management of the work,
29:18the French language and culture
29:21will never be on the table.
29:23That is a red line, a clear line.
29:26And we have not, for example,
29:28we have not discussed it, Mr. President and I,
29:33during our op-ed.
29:35Okay?
29:37Good morning.
29:38Tonda McCharles, Toronto Star.
29:40Could you please expand and be specific
29:43on what you mean by an economic and security agreement?
29:48Is that a new kuzma,
29:49or is that some other deal that renegotiates?
29:52Is that a new NORAD or some other broader security agreement?
29:56So, it's from our perspective, if I may,
30:00that there have been so many,
30:03I would say from our perspective as a government,
30:05my personal perspective,
30:07also from the perspective of workers, businesses,
30:09investors, Canadians,
30:12there have been so many violations,
30:15outright violations of kuzma.
30:17There's supposed to be, I'll give you one example,
30:19one of many examples,
30:20but for steel and aluminum,
30:22there's an explicit side letter in kuzma
30:24which says that there needs to be 60-day consultations
30:27for any changes.
30:27That obviously was not the case.
30:29There are many other examples of this.
30:31There have been so many of these violations
30:33that there is a need to have a renegotiation
30:37and a reaffirmation of which elements
30:40of the commercial relationship,
30:42the trading relationship, stand.
30:44Now, they may change,
30:45given the objectives of the United States.
30:48They may change, given, in fact,
30:51I think they will change from our perspective as well,
30:53in terms of what we need to do that's best for Canada,
30:56given the new U.S. position on so many things.
31:00As well, it is sensible, in my judgment,
31:04that we also discuss defense and security partnership.
31:07We have a longstanding defense and security partnership.
31:09Some of that partnership is for security,
31:13but it's also a commercial relationship.
31:15We want to make sure that commercial relationship
31:17works for Canada.
31:19I will observe that 80 percent,
31:2380 cents on every dollar that we spend on military equipment,
31:26in its broadest sense, goes to the United States.
31:31In the current stance of the relationship,
31:33that doesn't make sense.
31:35So we want to sit down and have everything on the table
31:37and have that discussion, everything on the table
31:39within commercial,
31:40subject to my previous response to the last question.
31:44So I understand that not to be all balled up
31:46in one agreement, separate agreements,
31:48but in the future negotiation, then,
31:51I want to understand what you take from
31:55President Trump's 12 percent reciprocal tariff
32:00that he has hanging over Canada,
32:03even if he lifts the border tariffs you call unjustified.
32:06So I think there are several things, if I may,
32:10and it's hard to predict all elements of this,
32:14but there are certain sectors in the North American economy,
32:21the Canadian-U.S. economy,
32:22that fundamentally rely on the integration in those sectors.
32:26There's no better example of this than in autos,
32:30where it literally has been built up over my entire lifetime,
32:34and that the competitive threat in North America
32:38is from Asia, not within North America.
32:43And it will become our judgment,
32:46and the judgment, I would say, of virtually everybody
32:49who works in the auto industry,
32:52virtually everyone, not everyone,
32:53not the UAW, apparently,
32:55but I think they're going to find out,
32:57that this is going to damage the U.S. auto industry
33:02as well as the Canadian auto industry,
33:04and it's going to damage the industry
33:06relative to competition from Asia.
33:09So when there's that discussion,
33:11the question, part of the discussion is going to be,
33:13how do we put back together elements of that integration?
33:16And if it's not going to come,
33:18how are we going to act in Canada?
33:20And we're going to do this, elements of this anyways,
33:23if my government is elected,
33:27which is to build a true made-in-Canada strategy
33:30that makes us much more resilient with the U.S.
33:34So, Tonda, I can't prewire all those discussions,
33:37but what I know is that trying to have a discussion,
33:42given the scale of ambition of the United States,
33:45given all the measures they've taken,
33:46not just against Canada, but against the whole world,
33:49that we are not going to make progress
33:51if we try to focus on only one issue.
33:54We need to reset the overall relationship.
33:57We need to set the boundaries around that,
34:00where we're going to work together,
34:02reestablish confidence, first and foremost,
34:04for Canadian workers and their families
34:07so that they know where their careers are,
34:09where their jobs are,
34:12and then, more broadly, for investors in business.
34:15Okay? Thank you.
34:17Good morning, Prime Minister.
34:18Gillian Piper with Global News.
34:20Are you planning to have another phone call
34:22with President Donald Trump to discuss these tariffs?
34:27If it's appropriate, we will.
34:29We agreed that we would, when we last spoke,
34:31that we would talk as needed over the coming weeks.
34:37So it may happen.
34:39There's not one scheduled.
34:40And as I said, I'll just reiterate,
34:44when we spoke, I did advise the President
34:46that we would be retaliating against the auto tariffs.
34:50We were going to wait to see what happened
34:53with these reciprocal tariffs that were announced yesterday.
34:56We have taken a very focused, calibrated response,
34:59balanced response,
35:00one that creates incentives for the automakers.
35:04So as appropriate, we will speak.
35:06I'm very conscious, we're very conscious
35:09that there are additional measures
35:12likely to come in other sectors,
35:13including forest products, pharmaceuticals, and others.
35:16You said previously that the relationship
35:18that Canada had with the United States is now over.
35:22Is the U.S. still our ally?
35:24The U.S. is absolutely our ally.
35:27It's our ally in security and defense partnerships.
35:31It's our most important security ally, for example.
35:33It's still, even with these tariffs,
35:35the largest trading partners.
35:37The point I made last week, the point I made again today,
35:41is part of what our relationship has been based on,
35:44though has been a degree of integration
35:46between our economies,
35:49our trade becoming closer and closer together.
35:52That is over.
35:53I mean, we saw that that was ending a while ago.
35:55It's now emphatic.
35:56I think the world is learning that that is over.
36:00That creates real challenges for us.
36:02We're not sugarcoating it.
36:03We're absolutely clear about that.
36:06It also, though, creates an enormous opportunity
36:08for a country like Canada,
36:10which has virtually everything that the world wants,
36:14has a lot of things that the U.S. wants,
36:15and they're going to find out how much they want it
36:17with these tariffs.
36:18So we have virtually everything the world wants.
36:20And when I talk to leaders in Europe,
36:23when I talk to the Mexican president,
36:27they want to work with us.
36:28They want to cooperate with us.
36:29And I'll say one other thing, if I may,
36:31and then hand,
36:33which is one of the things,
36:35and I'll go back to Team Canada,
36:38Premier Smith, Premier Mo,
36:40Monsieur le Premier ministre de Gaulle,
36:41all of those premiers in the very short term
36:44either have just gone on major trade initiatives
36:47to Europe in some cases
36:49or about to go to trade missions in Asia.
36:53That's the Team Canada approach.
36:54That's the coordinated approach that we need.
36:56And I think Canadians, again,
36:59not sugarcoating the challenges,
37:00but can be very encouraged
37:02about the sense of purpose and action
37:03at different levels to move forward.
37:05Question in French
37:30Ashley, please.
37:32Ashley Burke, CBC News.
37:34Good morning.
37:35You have talked about the old relationship
37:37when it comes to the tight military
37:39and security cooperation being over.
37:41So what exactly are you picturing
37:43and what does that mean for NORAD?
37:45Well, first and foremost,
37:48what I've emphasized
37:50has been the commercial relationship,
37:52the trading relationship,
37:54and the direction of that relationship.
37:56It was only a few months ago
37:58that many responded to the initial U.S. tariffs
38:02and discussions of tariffs by saying
38:04this was not me, to be clear,
38:06but some prominent Canadians said,
38:07well, we should have a customs union
38:09with the United States.
38:09We should become closer to the United States.
38:13It's clear that that strategy has tremendous risk
38:16would be misguided, in my view,
38:18and misguided and create tremendous risk.
38:21There may be certain sectors where that's the case,
38:23but as an overall approach,
38:24that view, that relationship's over.
38:27As I just said,
38:29our military and security relationship
38:32with the United States
38:33is still our most important one,
38:35without question.
38:36So I didn't declare the end of that,
38:40and I'm not declaring the end of that.
38:41What I have emphasized
38:43and my government has taken action on
38:45is diversifying and reinforcing
38:47other aspects of our security partnership.
38:49So we signed a major defense agreement
38:53with Australia over the horizon radar.
38:58My trips to Paris and London
39:01were partly about deepening our security partnerships
39:04with those countries.
39:05We're looking on diversification
39:07in terms of maritime procurement
39:09and other aspects of procurement.
39:10We're reviewing the F-35 fighters
39:14to make sure that that's the right approach
39:16for the country going forward,
39:18given the other considerations.
39:20Last question.
39:21You've talked about how long and hard
39:23the road could be for Canadians
39:24if Mr. Trump keeps these tariffs in place.
39:27How long and hard?
39:28And is Canada headed towards a recession?
39:30Well, look, the...
39:33I think it starts with
39:34what the implications of these tariffs,
39:36yesterday's tariffs,
39:37which affect all economy,
39:39virtually every economy in the world,
39:42means for the global economy
39:43and the U.S. economy,
39:45and the U.S. economy which is slowing,
39:48U.S. economy where inflation is starting to pick up,
39:51where financial conditions are going to start to tighten,
39:54and the U.S. economy which has a possibility
39:58of tipping into recession themselves.
40:01So it starts there.
40:04It is usually the case
40:06that when the United States has a recession
40:08that it's very difficult for Canada
40:10to avoid something similar.
40:12There's been exceptions to that.
40:14With the financial crisis 2008-9,
40:17when I was governor,
40:18we avoided a recession.
40:21We need to take action now
40:24for short-term support
40:26and reimagine our economy for the medium term.
40:30And I won't go through the list of things.
40:32You personally have had to hear them a few times,
40:35but it is about that one Canadian economy,
40:38and it's about building everything from homes
40:40to new energy infrastructure to new ports
40:42and trade infrastructure.
40:44By doing that,
40:45and by doing that in a way that is as coordinated
40:48and impactful and immediate as possible,
40:51we create a real possibility,
40:54in fact, probability.
40:55It's not just right for the medium term,
40:56but it's right for the short term.
40:58And that, in many ways,
40:59is what's at stake right now.
41:01Yes, we have to respond to the U.S.,
41:03and we are responding appropriately.
41:04Yes, absolutely, first and foremost,
41:06protect our workers.
41:08But we need to do much more than that,
41:10which is to build this economy.
41:12And in doing that,
41:14we can avoid the slowdown that is coming.
41:16Well, we can do better than the United States.
41:20That's my point.
41:21We can do better than the United States.
41:22Exactly where that comes out
41:24depends on how much damage they do to their economy.
41:26Thanks, everyone.
41:27That concludes it.
42:24Okay, thanks, everyone.
42:46Sorry, we're done, sorry.
42:50Thanks, everyone.
42:51Merci.