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Podcast: This Matters
Episode: Elbows in? Why Carney pulled back on tariffs with Trump
Description: Guests: Star reporters Raisa Patel and Josh Rubin Prime Minister Mark Carney is pulling back on Canada’s trade fight with the U.S., dropping retaliatory tariffs on goods covered under the Canada-United States-Mexico Agreement (CUSMA) even as Donald Trump escalates with new penalties on Canadian steel, aluminum, and hundreds of manufactured products. It’s a sharp turn from Carney’s “elbows up” campaign promise, and it’s raising questions in business and political circles alike. We unpack the political strategy behind Carney’s pivot, which Canadian industries are hardest hit by the trade wars, and whether an...