President Trump holds a press availability in the oval office for a signing ceremony changing the name of Lake Ontario to Lake America.  Additionally, President Trump answered questions about the U.S relationship with the Canadian government.

Listen to the presser and you fully understand President Trump’s position on U.S-Canadian trade and the trilateral NAFTA/USMCA agreement.  Trump noted he is now finishing the North American trade and economic policy that he began in his first term.  There is not a single moment of hesitation in his responses.  WATCH:

President Trump also fielded questions about the Ukraine war and the status of relationship with Russian Federation President Vladimir Putin.  President Trump succinctly said, “he’s not going to attack NATO.”

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This is a must watch interview.  Most Americans have no idea that Canadian media is controlled by the Canadian government; it’s what they call “cultural protection” where the rules and regulations of permissible speech are controlled by govt regulators and media are subsidized by govt.  The overall objective is to control information and censor viewpoints that might be averse to the interests of the Canadian govt. That’s why most Canadians have no concept of granular details on policy matters; they just don’t get the information.

In this interview with the Canadian Broadcasting Corporation (CBC), U.S Trade Representative Jamieson Greer is discussing the trade conflict and breakdown with Canada’s version of Baghdad Bob, Rosemary Barton.  I’m a little surprised the CBC would even entertain the discussion. However, as noted in the past few days there is increasing skepticism amid Canadians about who and what actually blew up the trade talks. Canadians are starting to show signs of suspicion; enter Ms. Barton on behalf of the Canadian government to try and control things.

USTR Jamieson Greer answers the questions in a most unfortunate manner; meaning, he told the truth.  Greer outlined exactly why he suspects the trade talks broke down, and it has nothing to do with economics or trade, it’s all politics on the Canadian side.  As Greer noted, there was no change to the trade agreement between President Trump and Prime Minister Carney’s lengthy phone call on Tuesday, and the Canadian decision to walk away on Friday.  Greer was being very diplomatic, but Barton started getting the vapors. WATCH:

Greer noted the Carney administration had requested “Fortress North America” a synergetic alignment of U.S-Canada trade principles.  Canada wanted a united North American continent against the world on trade.  Therefore, this talk of Canada being upset about joint collaboration and agreement on trade agreements with third countries, a point brought up by Carney in the walk-away just doesn’t make sense.

If you want a united trade policy for North America, then each nation in North America must hold the same baseline on terms and conditions with other nations.  That was the discussion. Those were the agreed principles; until all of a sudden Canada accused the U.S. of dictating terms.

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Barbara Boyd does a solid job connecting the recent U.S-Canada trade friction to the globalist plans of Mark Carney in alignment with the European Union.  The goal is to create and maintain broad opposition to the geopolitical reset underway as an outcome of President Trump’s larger and nationalistic economic agenda.

This is worth the watch as many of the background happenings are interconnected, yet few people are putting it all together. Barbara Boyd argues that the most dangerous escalation is the proxy war with Russia, highlighting Russia’s warning that direct British involvement in strikes on Russian territory could make Britain a combatant.

She says the UK has long driven the ¹Ukraine conflict and that Trump has sought peace while Britain and Europe resist, relying on war production amid failing economies. The episode focuses on Canada’s Mark Carney as a key spokesman for a permanent-warfare economic strategy, detailing his global financial roles and Canada’s creation of a Defense Security and Resilience Bank to fund defense mobilization without citizen involvement.

Boyd also describes Carney’s actions against the U.S., including trade disputes, deeper EU alignment, and Arctic defense plans. She claims a coordinated “chaos” and “psychological warfare” campaign targets U.S. voters ahead of the midterms.  WATCH:

¹There is little doubt European NATO countries, led by the U.K, France and Germany, are stimulating and supporting increased direct military conflict against Russia.  We are beginning to see not-so-covert events happening in/around border nations with Russia -carried out by Ukraine- that continue to raise the stakes.

Moldova, Romania and now Finland are starting to become increasingly visible as launch regions for Ukraine drone attacks into Russia. Meanwhile the Russian enclave of Kaliningrad (between Lithuania and Poland) is surrounded by provocative NATO military activity. Keep watching.

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Hopefully CTH readers have followed this story close enough to be able to predict where it ends. The White House has released an official and scathing press release outlining the lengthy and long-term issues with Canada and trade disputes.

WHITE HOUSE – Canada has been ripping off the United States for decades — and President Donald J. Trump is done letting them get away with it. Last week, the U.S. offered Canada the most preferential market access of any country on Earth, with deep cuts on steel, aluminum, autos, lumber, and more. Instead of partnership, Canada chose unreasonable demands, walk-backs, and flat-out rejection.

The record of Canadian abuse is clear and deliberate:

• FACT: Canada is joined only by the People’s Republic of China in choosing retaliation over negotiation. Their continued discriminatory treatment of U.S. commerce has burdened American workers, farmers, and businesses.
• FACT: Canada alone imposed discriminatory 25% tariffs and company-specific quotas on U.S. motor vehicles — measures applied to no other country. As a result, U.S. vehicle exports to Canada crashed 22% over the last year.
• FACT: Canada banned American wine, beer, and spirits in nearly every province and territory — while other countries have faced no such restrictions. As a result, U.S. alcohol exports to Canada collapsed 81% in a single year.
• FACT: Canada locks out U.S. dairy with tariff-rate quotas far more restrictive than those given to Europe, plus over-quota tariffs of nearly 300% — rates so extreme they function as a near-total ban and rank among the highest agricultural tariffs in the developed world.

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This is a pretty good encapsulation of the relationship between Canadian Prime Minister Mark Carney and the DNC officials within the United States. Although Kokinda missed mentioning the meeting between Barack Obama and Mark Carney shortly before the G7 summit in France.

After Prime Minister Mark Carney abruptly pulled Canada out of U.S. trade talks and framed the dispute as a “war,” this episode argues the rupture isn’t really about tariffs but about political and financial strategy aimed at the U.S. midterm elections. Citing U.S. Trade Representative Jamieson Greer’s account of negotiations and Canada’s unique retaliation, the script claims Carney is pursuing “geo-industrialization” and a “donut strategy” to go around the White House and influence American public opinion, aided by U.S.-connected advisers and outreach to mostly Democrats.

Kokinda also highlights comments from Iran’s foreign minister about U.S. debt and links the broader conflict to competing economic systems. The episode concludes that Treasury Secretary Scott Bessent is fighting a parallel battle to manage risks from the yen carry trade using tools like FIMA to prevent destabilizing Treasury selloffs.

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In short, as Canadian conservatives suspected, Mark Carney lied about everything!

U.S. Trade Representative (USTR) Jamieson Greer appeared on CNBC this morning to discuss the trade agreement between the U.S. and Canada and what caused the final breakdown at the last minute.  Greer notes the Canadian team appeared to be negotiating at the end from the position of politics as the Canadian team were aligning themselves with a domestic effort.

Greer draws attention to the friction points being very small. The U.S. tariffs were on less than 5% of overall Canadian exports and less than .06% of U.S. imports.  The U.S. made several offers to present Canada with the best trade terms in the world; however, Canada wanted more.  Canada wanted to retain all their market barriers, retain all quotas, retain all tariffs and restrictions against U.S. goods and services, but remove all the tariffs against them.

This is a really solid interview to watch because USTR Greer doesn’t need to pretend anything.  The terms offered were direct and consistent with benefit to both America and Canada.  On the language issue, Greer completely refutes the claims by Mark Carney about the U.S. seeking to change the language of Quebec and starts laughing at the premise. The issue relates to Canada demanding that five percent of all tech income be given to Canadian tech companies they compete against. That demand is ridiculous.  WATCH:

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Every time he has the opportunity, Canadian Prime Minister Mark Carney reminds the world he views Canada as a part of Europe.  As the trade conflict between the USA and Canada deepens, Mark Carney looks toward Europe for a financial and security lifeline.

During remarks earlier today Commonwealth Prime Minister Carney noted his intention to join with Europe this fall for increased economic and national security.  This is an alignment the former Bank of England head has been operating since his installation. [X Link]

🇨🇦🇪🇺 I will condense my many tweets on the subject here:
– Europe’s financial and banking system is about to collapse due to insufficient collateral.
– The war in Ukraine was meant to collapse Russia and take its resources for the needed collateral.
– The war in Ukraine failed,…

— Northern Sceptic (@NSceptic11501) August 24, 2026

From my perspective this is Commonwealth banker Carney’s financial hedge against the looming USMCA termination.

Carney will be counting on U.K and EU financial support when the Canadian dollar declines quickly.  You might remember the Bank of Canada warning about this.

May 2026: – […] A cascading series of events could cause a sharp loss of investor confidence and lead to a spike in demand for liquidity or rapid asset sales. Funding markets could come under pressure, and stress could spread more broadly.

To be clear, the FSR is not about what we expect will happen. It is an assessment of how existing vulnerabilities—or pockets of stress—could amplify shocks and ultimately spread across the financial system.” (more)

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In typical Canadian govt fashion, after making public pronouncements about President Trump’s trade team encroaching on Canadian sovereignty, Ontario Premier Doug Ford pledges to interfere in the U.S. mid-term election.

This comes on the heels of former Canadian Minister and current Ukrainian advisor for reconstruction, Chrystia Freeland complaining about the Trump administration creating a “vassal state,” from her office in Ukraine; the ultimate vassal state.  Again, typically Canadian.

Ontario is the epicenter of the Canadian auto industry, and Premier Doug Ford doubles down on his adversarial position to U.S President Trump, telling the elected American leader to “kiss his ass.”  WATCH:

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I am fielding a lot of questions about President Trump’s direct announcement today to place a 50% tariff on autos from Canada contrast against the USMCA (CUSMA) and other trade matters.

First, for President Trump this is not political; it’s pure economics.  Donald Trump has been talking about this issue for 40+ years. Trump has held the same position about American manufacturing and exploitation of U.S. industrial jobs long before he officially became a politician.  President Trump is not looking at the politics of the matter, nor does the midterm election play a part of the consideration.

This is the economics of the thing, politics be damned, and the Canadian politicians have no concept of how structurally important this is to Donald Trump personally.  For Canada it’s political, for Trump it’s business – deliberate, direct and consequential business.  There are trillions at stake.

VIA TRUTH SOCIAL – “Canada has been ripping off the United States of America for years. Their ridiculously high tariffs on our Farmers and farm products has made life impossible for these great American Patriots, and has long created a 60 Billion Dollar Deficit between our two Countries. Not sustainable, and NOT ANYMORE! On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%. Build in the U.S. and there are ZERO TARIFFS. Canada will be treated like a State no longer! On Trade, and in other ways, also, they are among the worst Nations in the World to deal with. They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US! They do 95% of their business with the U.S., with us, the exact opposite! Thank you for your attention to this matter!”

~ President DONALD J. TRUMP

The second aspect to the inbound questions center around the USMCA (CUSMA) and anticipated legal challenges to the 50% tariffs in violation of the USMCA trade agreement.  Those questions are coming from people who don’t understand the first point above, in combination with what we have outlined for years, President Trump does not want the multilateral USMCA to remain.  Trump has been very direct about this.

As to the legality of the matter. If you accept the USMCA is not valued as a reciprocal trade tool by the U.S. administration, then you set yourself up to understand there are two options available.

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An interesting soundbite from Council on Foreign Relations (CFR) President Mike Froman who distills down the main point of contention.  Essentially, the U.S. position is to demand a common trade approach toward China and the U.S. delegation gave Canada an ultimatum within the deal proposed, us or them.

If Mike Froman is correct, Mark Carney chose China. [X LINK] Video Below:

Mike Froman, former US Trade Rep on CNN yesterday afternoon “I think the new issue is that the Trump administration is pressing Canada, as well as other countries, to adopt a common approach vis a vis China, whether it’s a common external tariff or export controls, or ensuring… pic.twitter.com/RoTIXMZs3k

— cbcwatcher (@cbcwatcher) August 23, 2026

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