FidelityConnects

Economic emergency: Speaking with Canada's former chief trade negotiator – Steve Verheul


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U.S. President Trump has hit pause on his tariff war with Canada and Mexico - a move that calmed consumers and investors around the world. Despite China announcing new retaliatory tariffs on select American imports, market sentiment remained cautiously optimistic. To what extent does President Trump’s tariff strategy reflect a genuine commitment to border security? And how might a trade war reshape international trade dynamics and geopolitical alliances? Joining today's show is Steve Verheul, Canada’s former Chief Trade Negotiator, for an insightful conversation on trade policy and negotiation, and what incoming tariffs may mean for investors. As Canada’s Chief Trade Negotiator from 2017 to 2021, Steve was responsible for negotiating Canada’s most important trade deals including the new NAFTA, or, USMCA, and the Canada-European Union trade agreement. Most recently, Steve served as a special advisor on trade policy to Canada’s Deputy Minister of Finance.

Recorded on February 5, 2025.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

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