Is Trump about to ditch his tariff fiasco?
The News Agents - USA
Global
4.3 • 719 Ratings
🗓️ 7 May 2025
⏱️ 37 minutes
🧾️ Download transcript
Summary
Canada's Prime Minister Carney has been in the White House explaining to President Trump why he can’t just claim Canada as a 51st state. Trump still likes to think he can. Meanwhile, Trump has accused America's closest trading partner of “ripping off“ his country, while Canada's PM has called Trump “transformational“ and left it at that. So has Carney's election victory actually changed anything?
There was no sign of a breakthrough on tariffs between the two leaders either, but Donald Trump has found himself on the back foot on the economy. He was forced to float the idea that parents could just buy fewer dolls for their children after the news that Mattel will hike the prices of Barbie dolls for American consumers.
So what happens to Trump’s damaging tariffs now? Is he paving the way for a U-turn, given company after company have had to explain why prices are going up for American consumers?
Later, we speak to President Clinton strategist Doug Sosnik about whether Trump tanking in the polls is enough to turn his party's fortunes around.
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Transcript
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| 0:00.0 | The Newsagents USA podcast is brought to you by HSBC UK, opening up a world of opportunity. |
| 0:09.3 | This is a global player original podcast. |
| 0:12.7 | It would really be a wonderful marriage because it's two places they get along very well. |
| 0:17.2 | They like each other a lot. |
| 0:19.3 | Well, if I may, as you know from real estate, there are some places that are never for sale. |
| 0:26.6 | That's true. |
| 0:27.6 | We're sitting in one right now, you know, Buckingham Palace that you visited as well. |
| 0:30.6 | That's true. |
| 0:31.6 | And having met with the owners of Canada over the course of the campaign last several months. It's not for sale, |
| 0:38.9 | won't be for sale, ever. But the opportunity is in the partnership and what we can build together. |
| 0:46.3 | We have done that in the past. But never say never. Never say never. Donald Trump knows a lot |
| 0:52.3 | about marriage. He's had three. But this one ain't working out so well. |
| 0:57.0 | Mark Carney has just told Trump, never to Canada join America. |
| 1:02.2 | Trump's telling Mark Carney, never say never. And Mark Carney is saying never. |
| 1:07.8 | Yeah, Mark Carney had spoken to the owners of Canada and they didn't want this marriage. |
| 1:12.8 | They don't want to become the 51st state. But the other reason that Canadians are furious is over |
| 1:18.9 | Donald Trump's tariffs policy. Donald Trump's approval ratings are sinking. Is it because of this? |
| 1:27.0 | Can the great showman not sell his tariffs deal to the rest of |
| 1:31.9 | the world and the rest of America? Welcome to the newsagents USA. It's John. It's Emily. And a week on from winning the Canadian elections, Mark Carney faces off with Donald Trump in the Oval Office. And yeah, I guess it could have gone the way of Zelensky. Except Mark Carney came with a man who was very conscious of his, as Trump would say, cards to play. He knew exactly |
| 2:04.7 | what he wanted to say to Trump. And he manages to walk the tightrope between gracious, yes, |
| 2:10.2 | but obsequious, no. And this is why the very first thing he says to Trump is Canada is never for sale. I thought he was really |
| 2:20.5 | clever in the way that he framed it. You know, Trudeau was clever, but you could see he got under |
... |
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