The Daily The Daily

Canada Is Done With Trump

Aug 25, 2026 · 37m

Summary

Canada Bureau Chief Matina Stevis-Gridnev joins Michael Barbaro to discuss Prime Minister Mark Carney’s decision to halt trade negotiations with the U.S., citing unfair terms that threatened Canadian sovereignty and key industries. The episode details how demands regarding streaming content, trade policy alignment, and the "Buy Canadian" program led to a breakdown, prompting Carney to embrace a prolonged trade war. Carney’s strategy involves retaliatory tariffs targeting politically sensitive U.S. sectors while seeking new global alliances to sustain the Canadian economy.

Topics discussed

YouTube Premium ad read Introduction: Canada cuts trade talks with US Carney's bet: Standing up to Trump's tariffs History of US tariffs and failed negotiations Concessions offered: Liquor bans and dairy quotas Deal breakers: Sovereignty and streaming laws Buy Canadian program and lack of US assurances Ad breaks: YouTube, Schwab, and Rinse Carney's plan: Protecting economy and finding allies Public support for Carney's decision Retaliatory tariffs targeting Republican states Carney's long game and redefining Canadian identity NYT app promo and ad breaks Headlines: Voting restrictions and Iran sanctions
Listen ad-free on Castria