What are the costs of Canada standing up to its biggest trading partner? | The Global Story
Canada recently walked away from trade talks with the US hours before Donald Trump's deadline to impose major tariffs on Canadian goods. Prime Minister Mark
Canada recently walked away from trade talks with the US hours before Donald Trump's deadline to impose major tariffs on Canadian goods. Prime Minister Mark Carney struck a defiant tone, acknowledging that Canada was now locked in a trade war with the US. He also announced retaliatory tariffs, pledging to match US tariffs "dollar for dollar". Carney's tough stance is popular at home, but will it come at a price?
We speak to Jayme Poisson, host of the CBC podcast Front Burner, about whether Carney is taking a big political gamble by standing up to Trump’s tariffs – and why many Canadians feel confident they can withstand a trade war with their southern neighbour. Listen to Frontburner New episodes of The Global Story are released daily. If you’re in the UK, listen on BBC Sounds.
If you live outside the UK, listen on BBC.com or wherever you get your podcasts. 0:00 Why is Mark Carney standing up to Trump? 2:31 What does Carney have to gain from fighting back? 5:03 How is Canada trying to reduce its reliance on the US? 7:48 Why did the US-Canada trade talks collapse? 11:33 What went wrong in the final hours of negotiations?
14:17 Why is Carney now talking about a trade war? 16:59 Could Trump be more vulnerable than Carney? 19:28 Do Canadians support Carney's approach? 22:54 What could Canada lose from this trade war? 26:07 Can Canada really win against the US?
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