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Speaking to reporters in the Oval Office on Friday, President Trump was asked about ending trade deal talks with Canada.
Transcript
00:00...severe penalties, financial and otherwise, okay?
00:03Mr. President, can we go back to your social post on Canada specifically?
00:08Why are you deciding to end trade talks with Canada, and what rate are you looking to set?
00:13So Canada put a charge on some of our companies,
00:17and Canada's been a very difficult country to deal with over the years.
00:22You know, we hear Canada, we have a great relationship with the people of Canada,
00:25but it's been very difficult, and they put a charge,
00:29and they were a little bit early, we found out about it, so...
00:31And we have all the cards, we have all, every single one.
00:35We don't want to do anything bad, but they have...
00:38Economically, we have such power over Canada.
00:42I'd rather not use it, but they did something with our tech companies today,
00:47trying to copy Europe, you know, they copied Europe.
00:49It's not going to work out well for Europe either,
00:51and it's not going to work out well for Canada.
00:54They were foolish to do it,
00:55so I said we're going to stop all negotiations with Canada right now
00:59until they straighten out their act.
01:02Is there anything Canada can do to change your...

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