Joseph Steinberg, professor of economics at the University of Toronto, breaks down the complex legal and economic landscape surrounding Trump's latest tariffs threats against Canada. He explains how the CUSMA exemption currently protects most Canadian exports, why an upcoming Supreme Court ruling on presidential tariff authority may have limited immediate impact on Canada, and the crucial differences between various tariff statutes Trump can invoke. He also clarifies the CUSMA renegotiation process, revealing that the agreement remains in force until 2036, and that upcoming negotiations are part of an ongoing review rather than an imminent threat to the trade relationship.

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CREDITS:

Amal Attar-Guzman - Producer

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