26 Jan 2026. The US President Donald Trump has threatened 100% tariffs on Canadian goods if Ottawa strikes a trade deal with China, following Mark Carney’s Davos speech warning of a rupture in the US-led world order. We ask the Economist Intelligence Unit what it could mean. Plus, Porsche’s regional CEO releases 2025 sales numbers live on air! A major developer announces a brand-new community exclusively on The Business Breakfast. And we cross to Melbourne with Tom Urquhart, speaking to Emirates’ Australia sales chief Dean Cleaver on expansion plans, destination travel to Dubai, and the airline’s Australian Open push.

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