• The Great Canada-U.S. Trade War of 2025

  • Feb 3 2025
  • Length: 24 mins
  • Podcast

The Great Canada-U.S. Trade War of 2025

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  • Summary

  • Elias Makos begins the week with Jimmy Zoubris, special advisor to the Mayor, and Sue Smith, a Montreal journalist and broadcaster.

    • Donald Trump wasn’t bluffing after all… As his 25% tariffs on Canadian goods came into effect on Saturday. But Canada was quick to respond with Justin Trudeau announcing 25% tariffs on a range of US goods
    • The new tariffs imposed by the Trump administration will have significant economic impacts on Canadians, including job losses, a declining Canadian dollar, and market volatility
    • Quebec’s Finance Ministry has ordered the SAQ to remove all American alcoholic products from its shelves starting Tuesday in response to US tariffs on Canadian goods
    • At several sports events in Canada, fans have been booing the US national anthem in response to new tariffs
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