Your World Tonight Are tariffs inevitable? Inflation up, Trump vs the Epstein files, and more
Jul 15, 2025
Prime Minister Mark Carney discusses the unyielding nature of U.S. tariffs and their impact on Canadian inflation, especially in clothing prices. Amid rising inflation, Trump faces mounting pressure to disclose files related to Jeffrey Epstein, hinting at a potential shift in his stance. Meanwhile, safety measures at Canadian summer camps are being heightened due to natural disasters. The podcast also highlights landlord challenges with tenant fraud and a controversial culling of ostriches amidst an avian flu outbreak, raising ethical questions.
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Tariffs May Be Inevitable
- Prime Minister Mark Carney acknowledges some U.S. tariffs may be permanent under Trump.
- No evidence shows any country securing tariff-free deals with the U.S. currently.
Tariffs Impacting Canadian Inflation
- U.S. tariffs are contributing to rising inflation in Canada, especially clothing and car costs.
- Bank of Canada is unlikely to cut interest rates soon due to inflation near the top tolerance levels.
Tariff Uncertainty Affects Shopping
- Gerald Miller, furniture store owner, notes tariffs make customers cautious.
- Despite maintaining prices, fewer people shop due to tariff uncertainty.