Fareed Zakaria GPS

How Canada is Responding to Trump’s New Tariffs

79 snips
Feb 2, 2025
Chrystia Freeland, former Canadian Deputy PM and finance minister, discusses Canada's strategic response to Trump's new tariffs, emphasizing the need for alternative markets and adjusting consumer behaviors. Peter Beinart, political writer and thinker, shares insights from his book on his changing views about Israel and the identity struggles faced by American Jews. The conversation explores the complex dynamics of international trade relationships and the potential of AI to drive innovation amid tensions.
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INSIGHT

Canada's Response to Tariffs

  • Trump's tariffs on Canada are economically illogical and betray a close alliance.
  • Canada will respond strongly and strategically to defend its sovereignty.
INSIGHT

Potential New Alliances

  • Canada prefers to resolve the trade dispute amicably and return to a mutually beneficial partnership.
  • However, they are prepared to explore new alliances if necessary.
ADVICE

Leveraging Resources

  • Canadians are boycotting American goods to demonstrate their anger.
  • Canada will leverage its resources, like critical minerals, in the trade dispute.
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