How should Carney deal with the latest Trump tariffs?
Summary
The Mike Smyth Show features Gary Maher, CEO of the Canada West Foundation, discussing Canada’s response to new US tariffs under Donald Trump. Maher advises Prime Minister Mark Carney to avoid overreacting, noting the tariffs affect a narrow slice of trade, particularly impacting British Columbia. He highlights ongoing back-channel diplomacy and suggests Carney can leverage rising US consumer costs as political pressure mounts ahead of midterm elections.
Topics discussed
Introduction: New US tariffs and Canada's response strategy
Analysis of Trump's 'taco strategy' and tariff scope
Regional economic impacts: BC vs Alberta and Saskatchewan
Assessing PM Carney's tone and negotiation opportunities
Behind-the-scenes diplomacy and back-channel talks
US consumer costs and political pressure on Trump
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