Power & Politics Power & Politics

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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