What should we make of Trump's latest 35% tariff threat on Canada? Rudyard and Andrew agree that while this is not surprising given who we are dealing with, it's also not unique to Canada, with Europe and Mexico likewise getting hit with a tariff threat as well. We are not dealing with a normal interlocutor, and anybody who talks about Trump being a natural negotiator is not familiar with the trajectory of his career and many bankruptcies. Unfortunately for Mark Carney, the US holds most of the cards in cross border negotiations, and if recent history is any indication, there is no way of guaranteeing that Trump will live up to any treaty he signs. In the meantime, Europe and the Indo-Pacific have begun strengthening their relationships with other trade partners which will cost the US bargaining power in the future. But should Canada - in a similar bid to diversify trade - seek to strengthen business ties with China? And can Trump's tariffs - which have already paid off a portion of the US treasury's deficit - actually work as intended and chip away at America's ballooning debt? 

What should we make of Trump's latest 35% tariff&nbsp;threat on Canada? Rudyard and Andrew agree that while this is not surprising given who we are dealing with, it's also not unique to Canada, with Europe and Mexico likewise getting hit with a tariff threat as well. We are not dealing with a normal interlocutor, and anybody who talks about Trump being a natural negotiator is not familiar with the trajectory of his career and many bankruptcies. Unfortunately for Mark Carney, the US holds most of the cards in cross border negotiations, and if recent history is any indication, there is no way of guaranteeing&nbsp;that Trump will live up to any treaty he signs. In the meantime, Europe and the Indo-Pacific have begun&nbsp;strengthening their relationships with other trade partners which will cost the US bargaining power in the future. But should Canada - in a similar bid to diversify trade - seek to strengthen business ties with China? And can Trump's tariffs - which have already paid off a portion of the US treasury's deficit - actually work as intended and chip away at America's ballooning debt?&nbsp;

The Munk Debates podcast is an extension of the main stage events - in subject, speaker selection, tone and format. It will introduce the iconic brand - and its engaging debates about significant issues of our time. Audiences will hear strong and passionate arguments from both sides of an issue so they will have enough information to make up their own minds about where they stand.

The Munk Debates podcast is an extension of the main stage events - in subject, speaker selection, tone and format. It will introduce the iconic brand - and its engaging debates about significant issues of our time. Audiences will hear strong and passionate arguments from both sides of an issue so they will have enough information to make up their own minds about where they stand.

The Munk Debates Podcast

The Munk Debates Podcast is dedicated to convening civil and substantive debates and dialogues on the big issues of the day. 

 

The podcast is an extension of the charitable Munk Debates' commitment to pushing back against the political polarization and restoring the art of public debate in our time. For more information about the Munk Debates visit www.munkdebates.com/podcast

The Munk Debates Podcast is dedicated to convening civil and substantive debates and dialogues on the big issues of the day.&nbsp;
&nbsp;
The podcast is an extension of the charitable Munk Debates' commitment to pushing back against the political polarization and restoring the art of public debate in our time. For more information about the Munk Debates visit www.munkdebates.com/podcast

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