The Current The Current

How much will these tariffs hurt Canada?

Aug 24, 2026 · 24m

Summary

Host Susan Ormiston discusses the collapse of Canada-US auto trade talks with Flavio Volpe, who highlights disputes over tariffs on medium-duty trucks and US bad faith. Carlo Dade analyzes Prime Minister Mark Carney’s decision to walk away due to sovereignty concerns regarding French language rules and independent trade agreements. The episode covers Canada’s retaliatory tariffs and the resulting uncertainty for workers, while noting that US consumers currently feel minimal impact from the trade war.

Topics discussed

Intro: Personally and The Current podcast Overview of auto industry tariffs and trade war Flavio Volpe on failed negotiations and truck tariffs US motives and lack of good faith in negotiations Anxiety for auto workers and industry unity Canada's retaliatory tariffs and Carlo Dade intro Precedent of walking away from US deals Stakes for auto industry and light trucks Disputes over French language and trade sovereignty US influence on other trade agreements Impact on dairy, lumber, and investment uncertainty Retaliation strategy and impact on US households US public opinion and affordability concerns Pathway forward and potential for resumed talks
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