Canada’s 50% Tariff Countdown: What Happens Next? ft. Ron Caughlin

Canada is days away from potentially devastating 50% U.S. tariffs covering hundreds of products. What happens if Ottawa can’t secure a deal?

From jobs and trade to the Canadian dollar, the economic stakes are rising as Trump increases pressure and Canada races against the clock.

In this episode, we break down:

Pierre Poilievre’s open letter urging Prime Minister Mark Carney to take a tougher position in Canada-U.S. trade negotiations

The looming 50% U.S. tariffs and the hundreds of Canadian product categories that could be affected

What tariffs could mean for Canadian manufacturing, forestry, agriculture, consumer prices and jobs

The Gordie Howe International Bridge deal and concerns over Canada sharing future toll revenue

Conservative proposals involving critical minerals, energy resources and tariff-free market access

How Canadian consumers are responding by cutting U.S. purchases, cross-border shopping and travel

Donald Trump’s escalating rhetoric toward Canada and the political pressure surrounding trade negotiations

Why tighter U.S. customs enforcement could make tariff avoidance increasingly difficult

Growing pressure on the Canadian dollar and why traders are betting against the loonie

The contrast between currency weakness, tariff uncertainty and strength in Canadian equity markets

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• Hosts: Paul Micucci
• Guests: Ron Caughlin

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Timestamps:

• 00:00 Intro
• 02:22 Poilievre’s letter to Prime Minister Carney
• 05:33 Gordie Howe Bridge and Canada’s negotiating leverage
• 08:03 Conservatives outline their Canada-U.S. trade strategy
• 11:47 Carney’s vacation and negotiations in Washington
• 14:01 The 50% tariff threat and Section 338
• 16:15 The hundreds of Canadian products potentially affected
• 18:37 Canadians cut U.S. shopping and travel
• 21:26 Trump’s rhetoric and mounting political pressure
• 24:34 What 50% tariffs could mean for Canadian exporters
• 27:06 Canadian dollar weakness and growing currency shorts
• 29:18 Markets, AI stocks and conflicting economic signals
• 31:46 Nine days left: Can Canada secure a deal?

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Pillars: Economy

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