WEBVTT - Single Best Idea with Tom Keene: Henrietta Treyz & Derek DeCloet

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>Single best idea, and we say good morning. After an

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<v Speaker 2>exhausting week for any and all. It continues again. Today

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<v Speaker 2>we saw markets really training off. Very little news out

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<v Speaker 2>of the White House. Kevin Hassett with some headlines, but

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<v Speaker 2>really other than that, quiet. Henrietta Treys is never quiet.

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<v Speaker 2>We're thrilled that she would be with us. She's been

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<v Speaker 2>with us pretty much every other day, maybe every third

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<v Speaker 2>day right now, adding huge value on Capitol Hill. Henrietta

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<v Speaker 2>Treys not in the White House, but on the Senate

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<v Speaker 2>and the House.

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<v Speaker 1>I feel like it's doable for Trump and the administration

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<v Speaker 1>because he personally is so popular. Who it's not doable

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<v Speaker 1>for is the House and Senate Republicans. So I would

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<v Speaker 1>take Alaska as a example. You have states like Alaska

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<v Speaker 1>that are heavily fery, federally subsidized whose you know, veterans

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<v Speaker 1>are being fired three hundred and thirty one veterans just

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<v Speaker 1>in Alaska alone already from DOGE before they even get

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<v Speaker 1>to this big sweep of eighty thousand veterans they're planning

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<v Speaker 1>to fire, and the big sweep of federal employees they're

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<v Speaker 1>planning to fire over the summer. You have these individual

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<v Speaker 1>Senators and individual House members in swing districts or those

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<v Speaker 1>votes that have gone back and forth, and those members

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<v Speaker 1>are already illustrating that they can't whether it's storm, they've

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<v Speaker 1>canceled town halls. Democrats are sort of gleefully pointing that

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<v Speaker 1>out and holding their own so that those disaffected come

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<v Speaker 1>and speak. I don't think that it's a problem for Trump.

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<v Speaker 1>I think it's a problem for the rest of the

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<v Speaker 1>Republican conference, and that means they have a year to

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<v Speaker 1>get their legislation enacted and then they'll get s Toll

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<v Speaker 1>Act in the midterms, which is normal.

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<v Speaker 2>Andriett of Treys again there on the midterms being critical,

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<v Speaker 2>particularly for those facing reelection. In two thousand twenty six,

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<v Speaker 2>speaking of elections in Canada, an election within a party,

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<v Speaker 2>the Liberal Party called the US Democratic Party, with Mark

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<v Speaker 2>Carney winning decisively, and he will, within their parliamentary system,

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<v Speaker 2>call an election and it will be Republican versus Democrat,

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<v Speaker 2>Conservative versus Liberal. We went to Toronto to someone with

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<v Speaker 2>immense Toronto experience with the Globe and Mail and now

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<v Speaker 2>with Bloomberg News, Derek Declute on the paths forward for Canada.

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<v Speaker 3>The first word that comes to mind is anger, and

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<v Speaker 3>I mean that it's out right anger. There was a

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<v Speaker 3>poll last week that was published asking Canadians how they

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<v Speaker 3>view the United States, whether it's an ally country, an

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<v Speaker 3>enemy country, or a neutral. For the first time, I

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<v Speaker 3>think ever ally and enemy are equal. Thirty percent of

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<v Speaker 3>Canadians believe the US is an ally, thirty percent say enemy,

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<v Speaker 3>and most of the rest say neutral. And that is

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<v Speaker 3>you know, I think a year ago those numbers would

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<v Speaker 3>not have looked anything like that. That is entirely because

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<v Speaker 3>of the trade war and the fifty first state haunts

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<v Speaker 3>and justin Trudeau. I mean, every poll that you see

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<v Speaker 3>shows just a huge level of opposition to anything like

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<v Speaker 3>a fifty first state idea. It's an eighty to ninety

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<v Speaker 3>percent range. It's similar across the country. There is there

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<v Speaker 3>is no political appetit up here for discussion about any

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<v Speaker 3>type of union with the US.

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<v Speaker 2>From our offices in Toronto, Derek Toclude there on the

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<v Speaker 2>fractious moment for Canada. This is single best idea on

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