The Big Five Podcast The Great Canada-U.S. Trade War of 2025
Feb 3, 2025
23:34
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