Latest / Kvetch & Release / 610 CKTB | Beyond the TACO: Canada’s Food Acronym Guide to Trump’s Tariff Delay
Transcript
- 0:00Speaker 1: Now, normally John Letke with Litkey's got to Take is
- 0:04Speaker 1: coming up on the Friday at nine to fifteen, and
- 0:06Speaker 1: he'll be back tomorrow as well. But I got this
- 0:09Speaker 1: see email all of a sudden, and John said, I
- 0:11Speaker 1: gotta take, I gotta take. Good morning, John, good morning.
- 0:14Speaker 1: Let me just tell you you you made me laugh
- 0:16Speaker 1: my face off. Now what Yeah, well we're talking about Well,
- 0:23Speaker 1: it was the Wednesday deadline for the tariffs fifty percent
- 0:28Speaker 1: on things like cement, honey flowers, hockey sticks. But Canada
- 0:33Speaker 1: and the US did reach a deal. Now Trump said deal.
- 0:37Speaker 1: Mark Carney, well, he hasn't really said anything at all,
- 0:40Speaker 1: but you've come up with some of your own great
- 0:43Speaker 1: acronyms and we'll get to those. And you know, and
- 0:46Speaker 1: it starts with this one. Taco. You know, every time
- 0:49Speaker 1: trade threats hit a wall, American commentators screamed, taco, Trump
- 0:54Speaker 1: always chickens out. But after this three day reprieve, how
- 0:59Speaker 1: should Canadians actually read this extension?
- 1:02Speaker 2: So hey, thanks for having me on Jeane just to
- 1:04Speaker 2: chat about this one. I don't know if I'm hungry
- 1:06Speaker 2: right now or if I've got heartburn after watching these
- 1:09Speaker 2: negotiations and this extension one minute where boycotting Bourbon. The
- 1:13Speaker 2: next minute they're being at all provinces are being asked
- 1:15Speaker 2: to put it back on the shelves to buy us
- 1:17Speaker 2: what three days more of negotiating. That's our entire leverage
- 1:21Speaker 2: that we have and it's being given up. Hopefully this
- 1:23Speaker 2: does get a deal. But you know, the taco is
- 1:26Speaker 2: one thing I'm putting on the menu right now, a poutine,
- 1:29Speaker 2: and that's pushing out ultimatums temporarily imparts negotiation extension.
- 1:35Speaker 1: What a great Canadian negotiating term. Poutine.
- 1:39Speaker 2: But I mean, look, let's be honest though, right pushing
- 1:41Speaker 2: back a tariff deadline by seventy two hours is not
- 1:45Speaker 2: a signed treaty. It's just moving the goalposts so both
- 1:48Speaker 2: sides can claim that they're working through the weekend or
- 1:51Speaker 2: to the weekend. We'll see what happens. Excuse me. It
- 1:54Speaker 2: gives Washington the deadline and it gives Outawa a bit
- 1:56Speaker 2: of a breather.
- 1:57Speaker 1: Yeah, what do as you say in your next act? Qrinim,
- 2:00Speaker 1: that's all about maple syrup?
- 2:02Speaker 2: Yeah, well, I mean, listen, we all need you know,
- 2:05Speaker 2: the mediated agreement provides limited ease maple and we're seeking
- 2:09Speaker 2: yesterday's rates. Unfortunately it's postponed.
- 2:13Speaker 1: Love that Now. Trump was on the White House lawn
- 2:16Speaker 1: yesterday afternoon claiming US farmers won zero tarofs and that
- 2:21Speaker 1: Canadia that the Canadian negotiatedor is basically cave on a
- 2:25Speaker 1: couple of very key trade points. So is Attawa actually
- 2:29Speaker 1: rolling over here?
- 2:31Speaker 2: I don't think so. You know, like listen with maple syrup.
- 2:34Speaker 2: We understand that negotiations, much like pancakes, often need a
- 2:40Speaker 2: little bit of lubricant. That's where the maple syrup comes in.
- 2:43Speaker 2: But you know, I'm also one to have a little
- 2:45Speaker 2: bit of dessert after breakfast sometimes. And I know you
- 2:48Speaker 2: love your butter tarts as well.
- 2:50Speaker 1: Do Okay, I can't wait for what this stands for.
- 2:53Speaker 2: Well, look, I mean look, butter tarts take time to bake.
- 2:56Speaker 2: Trade agreements take even longer, which is why by understanding
- 3:01Speaker 2: takes time, effort, respect tariff anxiety refreshes timelines.
- 3:06Speaker 1: Butter tart butter tart perfectly. Now. The premiere of Nova
- 3:12Speaker 1: Scotia has let it be known that the Prime Minister
- 3:16Speaker 1: asked him to put American spirits, wine and beer back
- 3:21Speaker 1: on the shelves. He's agreed there's a report in the
- 3:23Speaker 1: Toronto's Sun this morning from Lori Goldstein saying that Ford
- 3:27Speaker 1: has apparently agreed to put American booze back on the
- 3:31Speaker 1: shelves of the LCBO. So you have an acronym for
- 3:34Speaker 1: that called well, interestingly enough booze, Well.
- 3:37Speaker 2: Booze backpedaling on overly zealous embargoes. But specifically we're talking
- 3:44Speaker 2: about bourbon here, which is I think a lot of
- 3:46Speaker 2: people were talking about. I heard Peter Sherman talking about
- 3:49Speaker 2: his Woodford Reserve, so he'll be happy to know we're
- 3:51Speaker 2: going to get that back on our shelves because Bourbon
- 3:54Speaker 2: bloviating on unfair restrictions buoyeze our negotiators.
- 3:59Speaker 1: Yeah. Interesting, you're cracking me up. What is the acronym
- 4:05Speaker 1: for bourbon.
- 4:06Speaker 2: Again, beloviating on unfair restrictions booys our negotiators. You know,
- 4:12Speaker 2: we go on and on about it, and it gives
- 4:15Speaker 2: our negotiators a little bit more leverage to push back on.
- 4:18Speaker 1: Yeah. Well, anybody who's ever enjoyed a brunch you know,
- 4:24Speaker 1: it's the ultimate Canadian drink. I introduced this drink to
- 4:28Speaker 1: Americans when I was living in Huntington Beach and they
- 4:30Speaker 1: couldn't believe it, and that, of course is the caesar.
- 4:35Speaker 2: Oh, the caesar is something that we should all be
- 4:37Speaker 2: pouring right now to celebrate once we do get this
- 4:40Speaker 2: trade deal, because we'll understand that the Canadian alcohol embargo
- 4:45Speaker 2: shelved allows rejoice continsential Canadian diplomacy.
- 4:50Speaker 1: Ginge Oh, Now you know our trade negotiators are still
- 4:56Speaker 1: in Washington today and they're working over time because this
- 5:00Speaker 1: all has to have the ies dodded and the tea's
- 5:02Speaker 1: crossed by Friday evening. And in total Canadian coffee talk,
- 5:10Speaker 1: you called this and I can't wait for this acronym
- 5:12Speaker 1: the double double.
- 5:14Speaker 2: Well, Ottawa is running the entire trade strategy like it's
- 5:17Speaker 2: a Tim Morton's drive through. They did order the double double.
- 5:20Speaker 2: The diplomatic overtime unlocked, bilateral legal extensions, drinks offsetted urgent
- 5:27Speaker 2: border levy extortions. They added a little bit of sugar
- 5:31Speaker 2: with the liquor store concessions to sweeten up Washington. They're
- 5:34Speaker 2: doubling down on the double double.
- 5:35Speaker 1: The double double. Now, so where does this constant back
- 5:38Speaker 1: and forth leave Canadian businesses, manufacturers, families, farmers who are
- 5:44Speaker 1: basically you know, watching everything and living deadline to deadline.
- 5:47Speaker 1: I'm sure you've got an acronym for that one too.
- 5:51Speaker 2: You know, I wish I could say I've got a
- 5:52Speaker 2: whole donut for you here, Gene, but it's just, you know,
- 5:54Speaker 2: people are being fed timbits. The trade impasse, mediated brief,
- 5:59Speaker 2: Nurham Bruce has been secured timbits. You can't run a
- 6:04Speaker 2: manufacturing plant or manage a farm on a timbit policy, though, Jean,
- 6:08Speaker 2: we need more than tiny, bite sized three day grace periods.
- 6:11Speaker 1: Oh, listen to these acronyms from litkey this morning poutine,
- 6:15Speaker 1: maple syrup, butter, Kurt Booze, bourbon, Caesar's double double and
- 6:20Speaker 1: tim bits. II. You know that introduction for me is
- 6:24Speaker 1: the guy brilliant or crazy. I'm starting to wonder about
- 6:28Speaker 1: you now.
- 6:29Speaker 2: Well, just think about how late I had to stay
- 6:30Speaker 2: up with my own double doubles last night coming up
- 6:32Speaker 2: with these.
- 6:34Speaker 1: Hey, on a serious note, do you think this thing
- 6:37Speaker 1: is going to be signed by Friday?
- 6:39Speaker 2: I sure, hope. So, I mean, look, we need this
- 6:42Speaker 2: to get past. I mean, I love the people who
- 6:44Speaker 2: say that we can do without the United States as
- 6:46Speaker 2: our major trading partner, and I say, okay, that sounds
- 6:49Speaker 2: great in twenty thirty six, but it's the next ten
- 6:51Speaker 2: years I'm a little bit concerned about. So if we
- 6:53Speaker 2: can get things back to the way they used to be,
- 6:55Speaker 2: if border communities like yours, like mine down here in
- 6:57Speaker 2: Windsor could get back to the way things used to
- 6:59Speaker 2: be at full you know, full steam ahead, that'd be great.
- 7:03Speaker 1: Yeah. Well, you know, there's this poly Market thing, and
- 7:07Speaker 1: I mentioned this to Peter Sherman earlier. Unfortunately, you know,
- 7:11Speaker 1: in case you don't know, poly Market is a site
- 7:14Speaker 1: where you can go and bet on world events and
- 7:16Speaker 1: it's a fascinating site. But you can't bet from Canada,
- 7:20Speaker 1: or at least Ontario. But you know what, if I
- 7:23Speaker 1: was a gambling man, and sometimes i am. I love
- 7:25Speaker 1: going to the racetrack, would I would throw fifty bucks
- 7:29Speaker 1: down on this thing not being signed by Friday? Because
- 7:31Speaker 1: Trump is Trump is Trump is Trump.
- 7:34Speaker 2: Huh. You know what, I'll take the opposite to that.
- 7:36Speaker 2: What's the action? Aren't you listen? At the end of
- 7:41Speaker 2: the day, I think we can all just understand though,
- 7:43Speaker 2: that we just want a belt to fill ourselves up,
- 7:46Speaker 2: a bit of bilateral trade.
- 7:49Speaker 1: Okay, I can't take it anymore. That was your best
- 7:53Speaker 1: take ever.
- 7:53Speaker 2: Thank you, thank you, jim.
- 7:58Speaker 1: Oh John Letke, he's got a take, man. That was
- 8:02Speaker 1: a classic. Oh jeez.