Elbows in? Why Carney pulled back on tariffs with Trump

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 another U-turn will win any ground with Trump.

Audio sources: CBC News, Toronto Star 

This episode was produced by Saba Eitizaz and Paulo Marques