Trump enters his ‘dumbest’ economic phase yet as Canada hits back | Prof. Justin Wolfers
Summary
Host Maddie Hale and economist Justin Wolers analyze the escalating trade war between the US and Canada, noting that while the $20 billion in retaliatory tariffs is economically minor, it carries significant political risks. The discussion highlights how Trump’s incoherent strategy has alienated American voters and forced Canada to target vulnerable US states, potentially weakening North American competitiveness against global rivals. Wolers argues that the resulting Canadian consumer boycott and long-term damage to trust are far more damaging than the immediate financial costs, suggesting …
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