What Canada did day one of the trade war
U.S. President Donald Trump‘s 25 per cent tariffs are now in effect on Canadian goods entering the U.S., with 10 per cent on energy. Prime Minister Justin Trudeau hit back with countertariffs on $155 billion worth of American goods. If the trade war continues, inflation will start to rise, jobs will be lost, and economists project a likely recession. And with growing sentiment that Trump’s motivations could go beyond stated security concerns at the Canada-U.S. border, Trudeau is taking a more blunt approach. Campbell Clark, the Globe’s chief political writer, joins the show to break down the first day of the trade war, and what Trudeau’s response tells us about this moment.
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Show Notes
U.S. President Donald Trump‘s 25 per cent tariffs are now in effect on Canadian goods entering the U.S., with 10 per cent on energy. Prime Minister Justin Trudeau hit back with countertariffs on $155 billion worth of American goods.
If the trade war continues, inflation will start to rise, jobs will be lost, and economists project a likely recession. And with growing sentiment that Trump’s motivations could go beyond stated security concerns at the Canada-U.S. border, Trudeau is taking a more blunt approach.
Campbell Clark, the Globe’s chief political writer, joins the show to break down the first day of the trade war, and what Trudeau’s response tells us about this moment.
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