Richard Arnold: US Correspondent chats about Trump's retaliatory tariffs for Canada ad

During the first game of the baseball World Series between the Los Angeles Dodgers and the Toronto Blue Jays the province of Ontario aired an anti-tariff ad.

The ad featured clips from Ronald Reagan's 1987 national radio address which focused on foreign trade.

In retaliation US President Donald Trump slammed Canada with an additional 10% tariffs on goods imported from Canada to the United States. 

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Episode Transcript

Speaker 1 (00:09):
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Speaker 2 (00:16):
Well to America, we go, Richard Ardna, good morning to you.

Speaker 3 (00:19):
You had to catch you, Andreick morning.

Speaker 2 (00:21):
So the Trump two now goes to Asia for two
big conferences.

Speaker 3 (00:25):
That's right, and the US and China are said to
have reached a trade deal framework as Trump has arrived
in Kuala Lumpur at the minute for that summit. This
Trump visit to Asia will last for five days and
at the end of this week he will meet with
his Chinese counterpart, President Shee and Saul Scott Besant, the
US Treasury Secretary, has been holding talks with the Chinese
in advance of all of that.

Speaker 1 (00:46):
We just finished two days of negotiations and we've created
a framework for the two leaders to discuss on Thursday and.

Speaker 3 (00:56):
Korea, so that's Friday your time, he says. This outline
is expected to set aside the threat of harsher Trump
harris another one hundred percent on Chinese goods is what
they've been talking about. It's also expected to bring and
delay on Chinese limits on exporting rare earth minerals. To
this country best and saying Beijing lightly will put this
on whole for a year while they quote unquote re

(01:18):
examine it. One other issue where there are seeming improvements
is a potential deal in US soybean exports. China is
the biggest buyer of soybeans and purchased more than fifty
percent of the export crop last year, so this is
a big money deal. So bottom line US China trade
tensions appear to be cooling. Quite the opposite, though. With Canada,
Trump has reacted with fury over a TV commercial that

(01:40):
was paid for by Ontario, which aired this is pretty
good driving right during the first game of the Baseball
World Series between the Los Angeles Dodgers and the Toronto
Blue Jays. That television spot used sound from a nineteen
eighty seven Ronald Reagan interview where he slammed the use
of tariffs, and here is part of it.

Speaker 2 (01:58):
High terriffs inevitably leave the retaliation by foreign countries and
the triggering of fierce trade boards.

Speaker 3 (02:05):
Then the worst happens.

Speaker 2 (02:07):
Market shrink can collect as businesses and industry shut down
and millions of people lose their jobs.

Speaker 3 (02:12):
Well, Trump has responded by adding an additional ten percent
terrifying Canadian goods by way of punishment for that TV
ad Trump critics call this childish Trump's Trump the Canadians the.

Speaker 2 (02:25):
Premiere of Ontario seems to have come off the rails
a little.

Speaker 3 (02:29):
The Trump team says the Reagan quotes are taken out
of context, while the Canadians are posted the full interview online.

Speaker 2 (02:34):
So take that.

Speaker 3 (02:35):
All this coming as the US Supreme Court is said
to start hearing next month's legal challenges to some of
the Trump tariffs. Finally, all this is happening, of course,
is this country is a limping into the fourth week
of the government's shutdown. Here first wave of government workers
have just missed their first paycheck, this one. Our families
are struggling, and it's causing me too much stress. Seriously.

(02:57):
The deadline also is coming in a few days for
emergency food money to be paid to the poor, so
it is reaching a break point quickly. But the polies,
of course, who are still getting paid and not blinking,
and Trump is well not even in this country.

Speaker 2 (03:09):
Indeed, we've already talked about that. Ron Reagan added. The
irony of it was that Reagan made those comments as
he imposed tariffs back in nineteen eighty seven, but he
did so unwillingly. So maybe Donald Trump has a point
that you know, it wasn't the full context, but there
was enough there Now to the attacks on drug ships
of Venezuela's president, Nicola Maduro, not a friend of Trump,

(03:33):
has accused the United States of fabricating a new war
after it ordered the world's largest warship to be sent
to the Caribbean.

Speaker 3 (03:39):
Yeah, it's a big show of force, but what are
they going to do with it? It will take another
week for the US aircraft carrier Jeral four to make
its way to the waters off Latin America. This as
US military strikes on Suppose that Venezuelan and drug boats
are continuing. There have been so far ten attacks, killing
forty three people. Little evidence made public that these boats
were shipping illegal drugs. Now the Pentagon is moving some

(04:00):
five thousand more troops to the region in this carrier,
which is the largest nuclear power super carrier ever built.
It has F thirty five military if a teen's on board,
lots of air power, and it's coming in from the
waters of Croatia. But cred he say, these supersonic jets
are not really designed for the sort of slow surveillance
that you need to do drug watches. But he might

(04:23):
take land action against Venezuela. Now, he says, the sea
is under control. I don't think we're gonna necessarily ask
for a declaration of war.

Speaker 2 (04:31):
I think we're just gonna kill people that are bringing
drugs into our country. Okay, we're going to kill them.
You know, they're going to be like dead again.

Speaker 3 (04:40):
Congress here on the sidelines. Meantime, drug officials in the
US assays that just eight percent of the cocaine that
gets into the US goes through Venezuela. There's also no
evidence that Venezuela's trend Aragua terror group is involved in
the fentanyl trade, which is so much talked about these days.

Speaker 2 (04:56):
YEA fascinating times you live in, Richard Arnold, I thank
you for your time.

Speaker 1 (05:00):
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