Canada hits back at U.S. with $28B worth of retaliatory tariffs
Aug 25, 2026 · 1h 3m
Summary
Canada retaliates against 50% U.S. tariffs with dollar-for-dollar levies on $27.6 billion in American goods and a $7.5 billion support package. Industry Minister Melanie Jolie defends the strategy, while NDP Leader Jagmeet Singh urges leveraging energy exports. Economist Trevor Toome warns of job losses and price hikes, and panelists debate the political and economic impacts of the escalating trade war.
Topics discussed
Promo for The Mile Zero Murders
Intro: Cost of counter-tariffs on families
Interview with Minister Jolie on tariff strategy
Impact on consumers and support measures
Response to business feedback and small biz support
Economic war strategy and unpredictability
Trump's comments on French Canadians and cultural policy
Concerns over tone of trade war
Conservative critique: $7.5B support package
NDP critique: Leverage and cost of living
NDP critique: Fossil fuels vs green investment
Fact-checking Trump's trade claims
Economic analysis with Prof. Trevor Toomey
News update on official response
Power Panel: Debate on retaliatory tariffs
Power Panel: Role of opposition and sovereignty
Power Panel: Threat to rename Great Lakes
Power Panel: Doug Ford's comments and tone
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