
The Bridge with Peter Mansbridge
The Trade War is On -- What's Trump Really Want?
Feb 3, 2025
Janice Stein, a leading expert in negotiation theory and conflict resolution, sheds light on the intensifying trade war between Canada and the U.S. She discusses the personal animosities between Trump and Trudeau that complicate diplomatic communications. The impact of U.S. tariffs on Canadian perceptions is examined, alongside the political dynamics of energy tariffs affecting national unity. Stein also delves into the historical roots of mercantilism and its relevance to modern trade tensions, providing a rich context for understanding today's economic challenges.
49:35
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Quick takeaways
- The imposition of U.S. tariffs on Canadian products has led to a rapid and retaliatory response from Canada, straining their once-friendly relationship.
- The failure of communication between Trump and Trudeau exacerbates the trade conflict, highlighting how personal dynamics can influence international negotiations.
Deep dives
Current Tensions Between Canada and the U.S.
Tensions between Canada and the United States have significantly escalated due to the imposition of tariffs by the U.S. on various Canadian products, including a 25% tax on numerous imports and a 10% tariff on oil and gas. Canada's rapid response involved retaliatory tariffs on about a thousand products, which has led to a strained relationship characterized by escalating public outrage. This animosity was visibly showcased during recent hockey games, where crowds booed the Canadian national anthem, highlighting deep frustration among Canadians towards their southern neighbor. Overall, these developments frame a difficult and complex situation for both countries, once seen as long-term allies.
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