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What actually happens when the internet stops working? Not the brief flicker-of-wifi kind, but a real digital pandemic - solar storms, satellite collisions, and heat waves taking out the servers holding your bank account, your health records and your group chats hostage. That's the world ITU Deputy Secretary-General Tomas Lamanauskas has been mapping in the International Telecommunication Union's new Digital Risk Report, and it turns out digital resilience is now squarely a trade and infrastructure story, not just an IT problem. Ardian and Rob talk to Lamanauskas about why the ITU is borrowing pandemic language to describe outages, the mechanics of Kessler Syndrome (yes, the Gravity/Armageddon scenario), why submarine cables need their own 42-expert international advisory board, and why "analog skills" - like knowing how to function without WhatsApp for an afternoon - are suddenly a policy conversation. Before the interview, Ardian and Rob run through this month's "What Went Wrong": why the FT thinks Swiss manufacturing faces a harder question than tariffs alone - namely, what "Swiss made" actually means once companies like Bernina start moving production to Thailand while keeping the engineering at home. They also cover Switzerland's newly upgraded free trade agreement with China, which pushes Swiss duty-free access to the Chinese market from roughly 50% to 99.8%, and the US-Canada trade collapse that the Wall Street Journal has dubbed "the stupidest trade war ever" - 50% tariffs on Canadian goods and cars, retaliatory tariffs starting September 8th, and China's opportunistic pitch to Ottawa as the more predictable trading partner. Plus: listener feedback on sustainable aviation fuel and greenwashing, Silicon Valley's new favorite recession indicator (limited-edition AI-branded Tudor watches), and a bridge in France that gives oversized vehicles a very unwanted haircut. Listen to episode 92 of Trade Splaining wherever you get your podcasts, and let us know what you think at tradesplaining@gmail.com.  

CAPTION 1857 WALL STREET, 230 PM, PANICCONTENTS OF THE JOHN BATCHELOR SHOW 9-1-2026Economic Strength Persists Despite Oil PressuresLiz Peek observes that while Wall Street is split on whether the Federal Reserve will raise interest rates in September, the American economy remains robust. Consumer spending is strong, small business profitability is at yearly highs, and hiring remains resilient. The primary economic headwind is rising oil prices fueled by the war in Iran. Additionally, she analyzes the investment potential of rebuilding Venezuela's ruined oil infrastructure, estimating it will take five years to yield significant production increases. Finally, Peek highlights how progressive groups like the Democratic Socialists of America and Chinese misinformation bots actively oppose crucial domestic data center development. (1)Russian Hybrid Attacks Destabilize European SecurityJudy Dempsey discusses European frustration over the unexpected presence of Russia's finance minister at a G20meeting, which highlighted a lack of communication within the transatlantic alliance. She details the Leipzig drone incident—a critical near-miss attack at a vital logistics hub for Ukraine—which is suspected to be a Russian hybrid operation. Dempsey explains how Russia leverages cyber and physical threats to instill fear, polarization, and anxiety among voters. This instability directly bolsters the populist Alternative for Germany (AfD) party, which capitalizes on eastern Germany's demographic decline, economic resentment, and euroskeptic nationalism. (2)Hidden Fiscal Challenges Facing Modern EconomiesJoseph Sternberg warns Americans about the hidden burdens of a Value Added Tax (VAT), a consumption tax common in Europe. Although pitched as simple, Sternberg argues that this tax creates immense compliance burdens for small businesses, requiring a full working week annually to administer. This complexity fosters a cash-based gray market to evade the tax. Furthermore, because the tax is concealed within product prices rather than added at checkout, politicians can easily hike rates without public outcry. Sternberg also contrasts Europe's expensive, highly regulated data center shortage with America's resistance to building the AI infrastructure crucial for its economic future. (3)Canada Navigates Trade Rupture With AmericaCharles Burton highlights the geopolitical fallout from the breakdown of US-Canada trade negotiations, which resulted in a fifty percent tariff penalty on Canada. This dispute sparked a surge of anti-American nationalism, boosting political support for Mark Carney, particularly in Quebec over French-language protection concerns. Consequently, Canada is rapidly diversifying its trade away from the United States, aligning closer with China and the European Union. Burton warns that Beijing stands to benefit immensely, offering trade access if Canada ceases opposing Chinese geostrategic interests, while Ottawa prioritizes west coast pipelines to ship oil directly to China. (4)Global Chaos Drives Rise of NationalismGregory Copley outlines how global actors leverage chaos to achieve strategic goals, noting China's aggressive attempts to disrupt the Pacific Islands Forum in Palau due to Taiwan's participation. Beijing's hostile diplomacy also targets Eswatini, Africa's sole state recognizing Taiwan, to strip Taiwan of international support. Copley notes that energy security is governed by transportation bottlenecks, highlighting the strategic importance of Cuban cobalt for future energy storage. Finally, he explains how uncontrolled migration and Russian hybrid operations drive resurgent European nationalism, prompting a breakdown of supranational systems like the European Union. He also touches on British royal dynamics. (5)Frustrated Voters Navigate Challenging Midterm DynamicsThaddeus McCotter interprets midterm election polling, explaining how the president's approval rating influences independent voters seeking checks and balances in Congress. He notes that high, near-identical disapproval ratings for both major parties reflect widespread voter frustration with outdated governing paradigms. Rather than outright anger, Americans are frustrated by the lack of sane, competent governance and positive, aspirational platforms. McCotter highlights how voters connect abstract foreign policies, such as ongoing operations in Iran, directly to their daily lives and pocketbooks through tangible domestic indicators like high gasoline prices. (6)University Core Curriculum Reform Offers PromisePeter Berkowitz discusses university core curriculum reform, pointing to a promising new proposal at the University of Texas at Austin. He argues that traditional core curricula fail because tenured faculty prioritize narrow research interests over student needs, leaving graduates without a foundational understanding of Western civilization, American political ideas, or global cultures. Under UT Austin's top-down initiative, the curriculum is divided into arts and humanities, social sciences, and STEM, offering deep introductions to major issues. Berkowitz contrasts this structured reform with conventional systems that students merely view as arbitrary academic hoops. (7)Syrian Integration Brings Hope and RiskAhmad Sharawi outlines regional developments in the Middle East, starting with a US-mediated agreement involving the IAEA and Syria to monitor nuclear material from the bombed Al-Kibar site. Although supervised by the IAEA, the material remaining in Syria poses a risk of theft or exploitation by neighbors. Sharawi also details the finalized integration of Kurdish-led Syrian Democratic Forces into the national military, granting Kurds citizenship and language rights while expanding state control to ninety-seven percent of Syrian territory. This satisfies Turkey by ending hopes of Kurdish autonomy. Finally, he notes impending US sanctions against Oman for sanctions-busting. (8)

CAPTION 1900 OTTAWACanada Navigates Trade Rupture With AmericaCharles Burton highlights the geopolitical fallout from the breakdown of US-Canada trade negotiations, which resulted in a fifty percent tariff penalty on Canada. This dispute sparked a surge of anti-American nationalism, boosting political support for Mark Carney, particularly in Quebec over French-language protection concerns. Consequently, Canada is rapidly diversifying its trade away from the United States, aligning closer with China and the European Union. Burton warns that Beijing stands to benefit immensely, offering trade access if Canada ceases opposing Chinese geostrategic interests, while Ottawa prioritizes west coast pipelines to ship oil directly to China. (4)

Hour One of the Wednesday September 2, 2026 edition of The Armstrong & Getty Show features... The ridiculousness of the US/Canada trade war... Katie Green has The Lead Story.. The Clancy Trial... Mailbag! See omnystudio.com/listener for privacy information.

Hour Two of A&G features... The Romo Standard... The presentation of Measles Death stats sounds familiar... The US/Canada trade war... The finest military analyst in broadcasting, Mike Lyons, talks about our munitions supply & potential future conflicts... He was struck by lightning, then he.... See omnystudio.com/listener for privacy information.

The ongoing trade war between the U.S. and Canada could have lasting economic and political implications for both countries, particularly for businesses in Northeast Ohio. Starting next week, Canada will begin charging retaliatory tariffs on American goods being shipped into their country. The U.S. was the first to kick off this battle with the same move on Canadian products coming into the United States, effective as of Aug. 22. The Trump administration imposed the tariffs after Canadian Prime Minister Mark Carney walked away from trade talks, citing U.S. demands that he said would "destroy" big Canadian industries including the auto, steel and aluminum sectors. We unravel that complicated concept on Wednesday's edition of the "Sound of Ideas" hosted by Stephanie Haney, in light of the fact that many Canadian companies are deeply integrated with American business operations within the U.S. In the absence of a deal, both countries have opted to tax around $20 billion worth of annual exports from the other, at a rate of 50%. With Canada being largely considered the United States' closest political ally as well as Ohio's largest international trading partner, we discuss the potential fallout of this disagreement. Guests: - Dan Ujczo, Associate General Counsel, Cenovus Energy - Katie Nicholson, Washington, DC Correspondent, Canadian Broadcasting Corporation News - Bill Kosteas, Ph.D., Professor of Economics, Cleveland State University

Hour One of the Wednesday September 2, 2026 edition of The Armstrong & Getty Show features... The ridiculousness of the US/Canada trade war... Katie Green has The Lead Story.. The Clancy Trial... Mailbag! See omnystudio.com/listener for privacy information.

Hour Two of A&G features... The Romo Standard... The presentation of Measles Death stats sounds familiar... The US/Canada trade war... The finest military analyst in broadcasting, Mike Lyons, talks about our munitions supply & potential future conflicts... He was struck by lightning, then he.... See omnystudio.com/listener for privacy information.

Prime Minister Mark Carney made a nice speech last weekend. But what happens after you walk away from a blown-up trade deal? This episode host Noor Azrieh asks Matina Stevis-Grindeff, the Canada Bureau Chief for the New York Times. Apparently, it includes a renaming of Lake Ontario to Lake America, and a whole lot more.Host: Noor AzriehCredits: Aviva Lessard (Senior Producer), Sam Konnert (Host/Producer), Noor Azrieh (Host/Producer), Caleb Thompson (Audio Editor and Technical Producer), Tristan Capacchione (Senior Production Supervisor), Jesse Brown (Editor)Photo: The White HouseGuests: Matina Stevis-GridneffBackground reading:How U.S.-Canada Tariff Negotiations Turned Into an All-Out Trade War –The New York TimesInside the 72 hours that cratered the US-Canada trade deal – POLITICORead Mark Carney's full speech after trade talks with the U.S. collapsed – CBC NewsCanadian seafood industry 'relieved' with removal of their products from retaliatory tariff list – CBC NewsLeBlanc welcomes U.S. decision 'withdrawing positions' on language, culture – CBC NewsEvery US product that'll cost more under Canada's new tariffs, from cheese to toilet paper – MTL BlogSponsors: Douglas is giving our listeners a FREE Sleep Bundle with each mattress purchase. Get the sheets, pillows, mattress and pillow protectors FREE with your Douglas purchase today at douglas.ca/canadalandIf you're ready to hear the ‘'CHA CHING' of your first sale today, head over to SHOPIFY.COM to start your free trial today. Head over to canadaland.oxio.ca and use code CANADALAND for your first month free!Did you know we have a monthly supporter exclusive show? Last week we asked you: What do you wish you knew, or what advice would you give to someone starting school? This could be elementary, middle, high school, CEGEP, university, trade school, ANYTHING.That episode comes out next Thursday, Sept 3rd! If you want to hear that (or if you want to catch up on all the great episodes of Off The Record you've missed!) become a supporter at canadaland.com!If you value this podcast, Support us! You'll get premium access to all our shows ad free, including early releases and bonus content. You'll also get our exclusive newsletter, discounts on merch, tickets to our live and virtual events, and more than anything, you'll be a part of the solution to Canada's journalism crisis, you'll be keeping our work free and accessible to everybody. Make sure you're up to date on our upcoming events by going to canadaland.com/live!Can't get enough Canadaland? Follow us @Canadaland_Podcasts on Instagram and @Canadaland_Media on TikTok! Hosted on Acast. See acast.com/privacy for more information.

AP correspondent Ed Donahue reports on Canada's side of the trade dispute with the U.S.

In hour 1 of The Mark Reardon Show, Mark is joined by Josh Hammer, syndicated columnist, Article 3 Project Senior Counsel, and author of Israel and Civilization, to discuss recent military developments in the Gulf, American foreign policy strategy, and the current political landscape. Josh reacts to reports of renewed U.S. strikes targeting Iranian air defense systems and radar sites, emphasizing the need for clear administration goals regarding Iran and discussing the economic toll of international sanctions. They also analyze regional political dynamics, including concerns over progressive political influence in Michigan and the broader electoral implications for the upcoming midterm elections. Finally, Josh addresses a humorous case of mistaken identity involving other public figures who share his name. Later, Mark discusses Sasha Stone's massive political transformation and more. In hour 2, Mark starts the hour with some Insect News. Sue then hosts, "Sue's News" where she discusses the latest trending entertainment news, this day in history, the random fact of the day and more. Mark is later joined by Joe Warmington, Toronto Sun columnist, to discuss the ongoing trade tensions between Canada and the United States and the heightened political rhetoric surrounding the dispute. Joe shares his perspectives on the fallout from public spats between leadership, including Prime Minister Mark Carney's comments and U.S. political memes mocking Canadian institutions. He emphasizes the deep historical alliance and shared military sacrifices between the two nations, expressing concern over the economic risks of alienating a key trading partner and the potential for Canada to seek stronger trade ties with China if diplomatic relations continue to strain. In hour 3, Mark is joined by Phil Holloway, host of The Megyn Kelly True Crime Show, former Georgia assistant district attorney, and former police officer, to discuss high-profile legal proceedings and trial dynamics. Phil explains the legal mechanisms surrounding a deadlocked jury in the Lindsay Clancy murder trial, detailing how long a judge can order jurors to continue deliberating, what triggers an Allen charge, and the procedural steps following a potential hung jury or mistrial. They also touch on the Charlie Kirk murder pretrial hearing in Utah and broader legal processes in high-profile criminal cases. Mark is joined by George Rosenthal, co-owner of ThrottleNet, to discuss current technology trends, cybersecurity risks, and device maintenance. George shares his thoughts on the ongoing public debate surrounding data centers, addressing misconceptions about water usage and power consumption while highlighting their critical role in national security and the global AI race. He explains the privacy risks of AI meeting bots on platforms like Zoom and Teams, cautioning against using them for sensitive or HR-related discussions. Additionally, George outlines best practices for digital "fall cleaning"—such as managing browser extensions, startup apps, and downloads folders—and warns against leaving personal data on rental cars or improperly formatted hard drives. Mark wraps up the show with the Audio Cut of the Day.

Walter Sterling welcomes his fellow "Midnight Misfits" to another wacky, fast-paced hour of The Other Side of Midnight. In this episode, Wyatt Sharp, a 17-year-old Canadian broadcasting prodigy, breaks down the growing US-Canada trade war, tariffs, and Google's bizarre Lake Ontario identity crisis.Hollywood reporter Matias Boom Boom laments his shattered home-theater projector while celebrating Spider-Man's billion-dollar box office and reminiscing about life-changing cinema.Steve the Baker from JB Bakery serves up his legendary Biscoff Butter Brownie recipe.Retired Catholic priest and former top-40 rock DJ Father Jim Drucker discusses exorcisms and whether Satan is pulling the strings behind modern geopolitics and UFO cover-ups.

FULL SHOW - Welcome to The Other Side of Midnight with Walter Sterling, the ultimate late-night sanctuary for "midnight misfits" and insomnia-fueled minds.This episode features 17-year-old broadcasting prodigy Wyatt Sharp dissecting US-Canada trade tensions, a retired NYPD detective sharing the heartwarming case of Teddy—a dog rescued from a blizzard under a police van, a master class on baking Lotus Biscoff butter brownies and a wild debate on why a modern college dorm room requires a $5,000 design budget. Whether discussing Middle East geopolitics, Hollywood's latest multi-billion dollar box office hits, or the time Walter held actress Diane Lane's hips at a $16 yoga class, Walter is here to keep you entertained, bewildered, and wide awake.

The US-Canada trade war looms over three federal by-elections in British Columbia, Ontario and Quebec. NATO's eastern flank is on high alert as intelligence warns of Russian provocations. Fresh US-Iran strikes break a month-long lull as oil prices surge past $90. More than 900 people dead, more than 4,500 missing after last week's flash-flooding along Nepal-Tibet border. At least one person is dead after flash floods tore through parts of the Grand Canyon over the weekend. A new report warns global coral loss is accelerating due to rising ocean heat. Canada opens applications today for its first-ever Eurovision performer.

On today's Look Ahead program, sponsored by HII, Byron Callan of the independent Washington research firm Capital Alpha Partners joins Defense & Aerospace Report Editor Vago Muradian to discuss Deputy Defense Secretary Steve Feinberg's internal Pentagon memo on profits and capital allocation; impact of interest rate hikes on the defense ecosystem as Fed Chairman Kevin Warsh looks to higher rates to curb inflation as Treasury Secretary Scott Bessent said he would continue efforts to curb bond yields even his recent intervention backfired driving yields up; the Iran war as US and Iranian forces exchange fire; for pricing as Russia targets Ukraine's grain stocks and transport network; Washington's Venezuela energy deal; implications of a US-Canada trade war on $20 billion in goods of more than $872 billion in 2025; five issues to watch through 2026; and a look at the week ahead and in Washington and beyond.

US SIGNS HISTORIC DEAL WITH VENEZUELA FOR OIL! How many barrels of oil of Venezuelan reserves have been secured? How many strategic fields? When will Americans begin to see relief at the pump? What does this mean for the US/Canada tariff wars? TUCKER CARLSON THE SPOILER IS BACK. Why is he calling for Trump to be removed from office? Why is the administration is already calling him a liar? What does Tucker say about his level of influence with trump? L.A. STREET VENDOR BOMBSHELL! THINK TWICE BEFORE YOU EAT! THE DISTURBING TRUTH ABOUT L.A.’S STREET FOOD. Thousands of health complaints—so why is L.A. backing off street-vendor enforcement? With Brian Maloney, RealAmerica.Vote Support Our Mission: https://www.paypal.com/donate/?hosted_button_id=ZMGRBFGDJKRS8See omnystudio.com/listener for privacy information.

What's up, everybody? It's Tom Bilyeu here:Want my help starting a business? Join me here inside Zero To FounderSign up for my AI Masterclass: AI MasterclassFOLLOW TOM:Instagram: https://www.instagram.com/tombilyeu/Tik Tok: https://www.tiktok.com/@tombilyeu?lang=enTwitter: https://twitter.com/tombilyeuYouTube: https://www.youtube.com/@TomBilyeuWOI EPISODES:FOLLOW LISA:Instagram: https://www.instagram.com/lisabilyeu/Twitter: https://twitter.com/lisabilyeuYouTube: https://www.youtube.com/womenofimpactTik Tok: https://www.tiktok.com/@lisa_bilyeu?lang=enCash App: Download Cash App Today: https://capl.onelink.me/vFut/v6nymgjl #CashAppPod*Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. Cash App Visa® Debit Flex Cards issued by Sutton Bank, Member FDIC, and The Bancorp Bank, N.A., pursuant to a license from Visa U.S.A. Inc. See terms and conditions for the Sutton prepaid card, Sutton debit flex card, and Bancorp debit flex card. Cash App Green features, Savings, Direct deposit, Round ups, Overdraft coverage and Discounts provided by Cash App, a Block, Inc. brand. Visit cash.app/legal/podcast for full disclosure.Quince: Free shipping and 365-day returns at https://quince.com/impactpodWhatnot: Download the Whatnot app today and get free shipping on your first order.Ketone IQ: Visit https://ketone.com/IMPACT for 30% OFF your subscription orderEthos: Get a free quote at https://ethos.com/impactIncogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact ATT Business: Switch to AT&T Business at https://business.att.comPique: 20% off at https://piquelife.com/impactThe team dissects the viral Konstantin Kisin vs. Steve Keen debate—both former Impact Theory guests—on the central climate question of our time: is the answer to use less and shrink (de-growth), or to innovate our way forward? The host, who knows both men and calls them smart and well-intentioned, explicitly urges viewers not to pick a side and dismiss the other as stupid, but to find the one factual disagreement worth reasoning from. His own position leans hard toward innovation: drawing on Matt Ridley's The Rational Optimist, he argues that 80,000 years of human progress make "it all ends now" an irrational bet, that we've innovated our way out of every prior crisis, and that de-growth—especially any talk of reducing world population—would trigger economic collapse that causes far more suffering than the problem it aims to solve. He respects Steve Keen's economic mind but argues Keen has essentially "given up," wishing we'd listened to engineers 50 years ago rather than charting a path forward now. He reframes the climate fight around tradeoffs the doom narrative ignores: citing Bjørn Lomborg's "it's real but overstated, and the solutions can be worse than the disease" framing, the roughly 140,000-plus annual heat deaths that air conditioning could prevent, and Jordan Peterson's warning about sacrificing today's actual poor for tomorrow's hypothetical poor. The conversation ranges across the East-vs-West Germany innovation contrast, a Peter Diamandis-style geoengineering thought experiment, why "politics is downstream of culture," and the host's more contested claim that climate panic often masks a desire for control and resentment—before ending on a speculative, openly-unsupported musing about the psychology behind who pushes it. A wide-ranging argument for optimism, first-principles thinking, and refusing to let "we're doomed" become the whole story.The team breaks down Treasury Secretary Scott Bessent's latest move to tame rising long-term bond rates—and why the bond market is likely to keep testing him. After Bessent doubled buybacks from $2B to $4B per round (which briefly knocked yields down before they rebounded past where they started), two off-the-record Treasury officials leaked to CNBC that the Treasury General Account—the government's roughly $1-trillion checking account at the Fed—could be tapped to buy bonds en masse. The host walks through why that's a bigger deal than expected: using cash to retire long-duration bonds without issuing new supply makes the debt "evaporate," and the market has, at least for now, believed the rumor enough to push the 30-year and 10-year yields down. But he's clear about the catch: the TGA isn't a magic war chest—every dollar in it was borrowed via prior auctions, so spending it down just defers the problem and eventually requires selling more debt, pressuring the curve again. He frames the backdrop honestly: $40 trillion in debt, ~123% debt-to-GDP, climbing interest costs, Japan (the largest buyer of US debt) in trouble, China dumping Treasuries while hoarding gold, and gold overtaking the dollar as the top central-bank reserve asset. His throughline is that there's no silver bullet, only tradeoffs, and the only real fix is growing the real economy—rising middle-class wages adjusted for inflation, GDP moving from ~1.2% toward 3–4%—rather than financial engineering. Absent that, he lays out the grim menu every over-indebted empire faces: austerity, default, or inflating the currency to shrink the debt (which quietly impoverishes everyone paid or saving in dollars), and warns that another Covid-scale inflation spike without real growth is how you get to "pitchforks." The conversation closes on a lengthy, contested tangent about immigration incentive structures, the Nordic model, and social trust—with the host explicitly noting the Nordic countries themselves say they aren't socialist. A dense, sobering economics breakdown.The team breaks down the escalating US-Canada trade war after Canada walked away from a deal that would have sharply lowered tariffs on several key Canadian industries. The host argues Canada is making a serious economic miscalculation—laying out the dependency math: roughly 78% of Canadian exports rely on US consumer markets, and exports make up about 33% of Canada's GDP, versus Canada representing only around 13% of US imports and a small slice of US GDP. In his read, that asymmetry means Canada has far more to lose, and pivoting toward China—geographically distant and, as he notes, a non-market economy—is a poor substitute. He digs into what actually broke the deal per PM Mark Carney: autos, French-language and cultural protections, and, most importantly, a US demand to restrict Canada's ability to sign independent trade deals with other countries (read: China), pointing to Canada's stated goal of a 50% export increase to China by 2030, Carney's January Beijing visit, and a flurry of mutual tariff cuts (including slashing Canada's 100% EV tariff to ~6%) as evidence of a rapidly warming relationship. But the host is pointedly two-sided: he says the US had understandable strategic reasons to push for guarantees, while blasting Trump's "51st state" rhetoric and bullying public posture as counterproductive—using it as a lesson he teaches entrepreneurs about always showing the other side how a deal is a win for them, and the human psychology of how people resist being forced into even things that serve their interests. He walks through the granular US demands (auto assembly, procurement, energy allocation, language laws) and their second-order effects, and closes on a contested hypothesis that Canada may be more ideologically aligned with China than the US. A dense, numbers-driven, deliberately even-handed breakdown of leverage, strategy, and a deal gone sideways.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Trump's decision to hike Canada auto tariffs to 50% after trade talks collapsed marks one of the most aggressive moves yet in the ongoing US-Canada trade war. We explain how this reshapes auto supply chains, raises car prices for American consumers, and what the broader tariff escalation signals for North American economic integration.Today's Stocks & Topics: The Hershey Company (HSY), Market Wrap, DICK'S Sporting Goods, Inc. (DKS), Memory Squeeze, Gold, Trade War 2.0: Canada Auto Tariffs Hit 50% and What It Means for Your Wallet, Target Corporation (TGT), Blue Bird Corporation (BLBD), Key Benchmark Numbers: Treasury Yields, Gold, Silver, Oil and Gasoline, KPP Newsletter, Long Term Care in Retirement.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Quince and use my code quince.com/INVEST for a great deal: https://www.quince.comAdvertising Inquiries: https://redcircle.com/brands

The economy and markets can feel dizzying and ever changing. That's where we can help. Fisher Investments' “This Week in Review” is a weekly segment designed to highlight a few things you may have missed this week, what they could mean for financial markets and why they matter to investors like you. This week, Fisher Investments reviews: • US-Canada trade negotiations • AI data center pushback • Treasury department's debt buyback Below are the sources for all data cited in today's show: 1. Source: CNBC, as of 8/25/2026. “Canada Unveils Retaliatory Tariffs on About $20 Billion of U.S. Goods”, 8/25/2026. 2. Source: FactSet, as of 8/25/2026. Canadian Imports to US, 1/1/2025 – 12/31/2025. 3. Source: FactSet, as of 8/27/2026. US Imports to Canada, 1/1/2025 – 12/31/2025. 4. Source: National Conference of State Legislatures, as of 8/26/2026. “Which States Are Banning Data Centers?”, 7/1/2026. 5. Source: U.S. Department of the Treasury, as of 8/20/2026. Debt to the Penny, 8/19/2026. 6. Source: CNBC, as of 8/25/2026. “Treasury doubles debt buybacks as Bessent moves to steady bond market”, 8/19/2026. 7. Source: Congressional Budget Office, as of 8/25/2026. “The Budget and Economic Outlook: 2025 to 2035”, 1/17/2025. 8. Source: US Treasury Department, Bureau of Public Debt, as of 8/25/2026. Debt held from foreign and US governments, the Federal Reserve, and US Investors as of 11/28/2025. 9. Source: Securities Industry and Financial Markets Association, as of 8/25/2026. US Treasury Securities Statistics, July 2026. 10. Source: Macrobond, as of 6/2/2026. US government bond yield spreads (10Y – 3M), daily 1/1/2025 – 6/30/2026. Have feedback for this Fisher Investments video? Share your thoughts on this episode in just 1 minute by filling out this survey: https://fi.co1.qualtrics.com/jfe/form/SV_6Vw1ezlogR044S2?VideoCode=WeekInReview28Aug2026 Connect with Fisher Investments on: • Facebook - https://www.facebook.com/FisherInvestments • X - https://twitter.com/fisherinvest • LinkedIn - https://www.linkedin.com/company/fisher-investments • Instagram - https://www.instagram.com/fisher.investments/ • TikTok - https://www.tiktok.com/@fisher_investments You can also follow Ken Fisher here: • Facebook - https://www.facebook.com/KenFisher.FisherInvestments • X - https://twitter.com/KennethLFisher • LinkedIn - https://www.linkedin.com/in/ken-fisher/ • Instagram - https://www.instagram.com/kenfisher_fisherinvestments/ Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.

It's 874 days until the legally defined end of the 47th Presidency, but the merit of upcoming elections becomes more suspect as time goes on. In the meantime, SpiderMan is a hero of the people, Donald Trump doesn't know anyone who owns a map, and Mark Carney is a boss. Other Titles Considered: Rob Walmart Well Hung Jury Abro-ram Lincoln Special Show Links: Inside the 72 hours that cratered the US-Canada trade deal https://www.politico.com/news/2026/08/22/us-canada-trade-deal-01046788 Florida grand jury hears evidence in investigation of charity tied to Casey DeSantis https://www.wlrn.org/light/government-politics/2025-10-15/florida-grand-jury-hears-evidence-in-investigation-of-charity-tied-to-casey-desantis Flock CEO's Address Spread Online as Surveillance Backlash Explodes https://www.yahoo.com/news/politics/articles/flock-ceo-address-spread-online-161330383.html Meta reaches landmark $18 billion settlement with states in trial over teen social media addiction https://apnews.com/article/meta-trial-instagram-settlement-97d342f2a33d835eda2356c5e1af9e37

In a world where trade wars and tariffs are making headlines, a leading economist shares his expertise on the complexities of the current situation. This episode delves into the intricacies of the US-Canada trade relationship, the impact of tariffs, and the potential consequences of a trade war. The conversation with E.J. Antony, a renowned economist from the Heritage Foundation, sheds light on the nuances of the current trade landscape. The speaker discusses the differences between a traditional trade war and the current situation with Canada, where the tariffs are more of a skirmish than a full-blown trade war. However, the potential consequences of a prolonged trade war are far-reaching, and the speaker highlights the importance of considering the long-term effects on the economy. The discussion also touches on the use of tariffs as a negotiating tool, the impact of the Iran war on the economy, and the importance of fair trade. The speaker shares his insights on the trade deficit, explaining that it's not necessarily a bad thing if it's financed correctly. He also emphasizes the need for a more thoughtful approach to tariffs, citing the example of the USMCA agreement and the potential consequences of pulling the rug out from under companies that have invested in becoming compliant. If you're interested in understanding the complexities of trade and tariffs, this episode is a must-listen. Join the speaker as he breaks down the key points and shares his expertise on the current trade landscape. Follow Carl Jackson:Facebook: https://www.facebook.com/carljacksonradioX/Twitter: https://twitter.com/carljacksonshowInstagram: https://www.instagram.com/thecarljacksonshowWebsite: http://www.TheCarlJacksonShow.comStore: https://CarlJacksonStore.comSee omnystudio.com/listener for privacy information.

Nick Taylor-Vaisey, Politico's Ottawa bureau chief and the lead author of Canada Playbook, talks about the escalation in the trade war with Canada. Photo: Canadian Prime Minister Mark Carney speaks at a press conference in Ottawa, Ontario, on August 22, 2026 after trade talks with the US collapsed. (Photo by Dave Chan / AFP via Getty Images) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In part one of Red Eye Radio with Gary McNamara and Eric Harley, Russia warned Thursday that it could strike British military targets inside and outside Ukraine if Kyiv uses long-range British cruise missiles against targets deep inside Russian territory, according to reports. This came a day after Moscow accused Ukraine of striking a shopping center in Russian-controlled Donetsk with British Storm Shadow missiles, wounding civilians, including children. Also President Trump signs an order to rename Lake Ontario to ‘Lake America' / Jill Biden opens up about her husband Joe Biden's decision to drop out of the 2024 presidential race—and the conversation that followed in their bedroom / and the US‑Canada trade war deepens as President Trump revives Depression‑era trade tool – what's at stake for consumers and the midterms. For more talk on the issues that matter to you, listen on radio stations across America Monday-Friday 12am-5am CT (1am-6am ET and 10pm-3am PT), download the RED EYE RADIO SHOW app, asking your smart speaker, or listening at RedEyeRadioShow.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Donald Trump has a warning for Canada after Ontario Premier Doug Ford tells him to "kiss my ass," as tensions over the US–Canada trade war continue to escalate. We look at what the latest clash could mean for relations between the two countries, before turning to Britain, where the Home Office has produced a guide for asylum seekers explaining UK laws and customs — including gender equality, domestic abuse, sexual consent, harassment and appropriate behaviour in public. Today I'm joined by Rick the Reptile Guy, star of A&E's Wild Transport and owner of Emerald Coast Zoo, who brings some of his favourite reptiles into the studio and explains the extraordinary story of how his family sold their home, moved into the zoo and dedicated their lives to caring for God's creation. Learn more about Emerald Coast Zoo: https://emeraldcoastzoo.com/ I'm also joined by Tony Cho, regenerative placemaker, author and founder of Future of Cities, to discuss how we can build communities that heal rather than extract. We explore decentralisation, loneliness as a design problem, our disconnection from nature, and his vision for regenerating our cities around nature, culture and genuine human connection. Tony's new book, Generation Regeneration: Co-designing the Future of Cities Through Regenerative Placemaking: tony-cho.com/book Instagram: @_tonycho_ LinkedIn: Tony ChoSubstack: Regenerative Living with Tony Cho   To get a free audio copy of my book 'How to Become a Christian in 7 Days', you can download it at https://www.russellbrand.com/how-to-become-a-christian-audiobook/ Order my new book 'How to Become Christian in 7 Days' at https://bit.ly/russellbook2 Listen to Jake's new album - https://bit.ly/JakeSmithAlbum If you want to support the show and take care of yourself properly—without turning your bathroom into a laboratory—go to tryreborn.com. It's the Reborn store: supplements, skincare, daily essentials… simple, effective, and made for people who are trying to stay strong while the world does whatever this is. Go check out www.tryreborn.com and grab what you need Go to https://app.polymarket.us/S8ac/RUMBLE50 to trade on the outcomes of live events from politics, pop culture, to sports and more! Tip creators, not the platform with Rumble Wallet. Get started with Rumble Wallet and use the code BRAND5 to claim $5 in US Stablecoin (USA₮)! Download now: http://wallet.rumble.com/brand  Void where prohibited. No purchase necessary. Offer available to US residents only. Offer not available in New York State. Must be 18+. Offer is available for a limited time and for the first 1000 wallets activated and funded. Restrictions apply. Details and full official rules available at http://rumble.com/promoofficialrules.  This is a paid advertisement for Rumble Wallet. Rumble is compensating me for this ad.  Check out the Reborn store www.tryreborn.com and grab what you need  

Subscribe now⁠ for an ad-free experience and all of our episodes. American Prestige brand MREs use Argentinian beef, but don't worry, it's the good kind. In this week's news: the US launches a new sanctions campaign against Iran (1:36); Iran and Oman negotiate the management of the Strait of Hormuz (5:50); a Haitian gang killing (9:28); the Israeli government takes bids for its E1 settlement (12:00); the US removes Syria from the terrorism sponsors list (14:38); the Syrian Democratic Forces announces its dissolution (15:51); Trump submits the Saudi nuclear deal to Congress (18:39); progress is made in negotiations between the DRC and M23 (23:46); the Ebola outbreak in the DRC continues to expand (26:33); the CIA director visits Russia (28:14); US-Canada trade talks collapse (31:17); and the United States prepares a deep sea mining auction around overseas territories (35:42). Don't forget Derek's Substack, ⁠Foreign Exchanges⁠. Enjoy Danny's new Substack, I⁠mperialist Realism⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

American Prestige brand MREs use Argentinian beef, but don't worry, it's the good kind. In this week's news: the US launches a new sanctions campaign against Iran (1:35); Iran and Oman negotiate the management of the Strait of Hormuz (5:49); a Haitian gang killing (9:20); the Israeli government takes bids for its E1 settlement (11:52); the US removes Syria from the terrorism sponsors list (14:30); the Syrian Democratic Forces announces its dissolution (15:43); Trump submits the Saudi nuclear deal to Congress (18:31); progress is made in negotiations between the DRC and M23 (23:46); the Ebola outbreak in the DRC continues to expand (26:26); the CIA director visits Russia (28:07); US-Canada trade talks collapse (31:10); and the United States prepares a deep sea mining auction around overseas territories (35:35).Don't forget Derek's Substack, ⁠Foreign Exchanges⁠.Enjoy Danny's new Substack, I⁠mperialist Realism⁠.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In a world where trade wars and tariffs are making headlines, a leading economist shares his expertise on the complexities of the current situation. This episode delves into the intricacies of the US-Canada trade relationship, the impact of tariffs, and the potential consequences of a trade war. The conversation with E.J. Antony, a renowned economist from the Heritage Foundation, sheds light on the nuances of the current trade landscape. The speaker discusses the differences between a traditional trade war and the current situation with Canada, where the tariffs are more of a skirmish than a full-blown trade war. However, the potential consequences of a prolonged trade war are far-reaching, and the speaker highlights the importance of considering the long-term effects on the economy. The discussion also touches on the use of tariffs as a negotiating tool, the impact of the Iran war on the economy, and the importance of fair trade. The speaker shares his insights on the trade deficit, explaining that it's not necessarily a bad thing if it's financed correctly. He also emphasizes the need for a more thoughtful approach to tariffs, citing the example of the USMCA agreement and the potential consequences of pulling the rug out from under companies that have invested in becoming compliant. If you're interested in understanding the complexities of trade and tariffs, this episode is a must-listen. Join the speaker as he breaks down the key points and shares his expertise on the current trade landscape. Follow Carl Jackson:Facebook: https://www.facebook.com/carljacksonradioX/Twitter: https://twitter.com/carljacksonshowInstagram: https://www.instagram.com/thecarljacksonshowWebsite: http://www.TheCarlJacksonShow.comStore: https://CarlJacksonStore.comSee omnystudio.com/listener for privacy information.

Jack Milroy joins The Great Battlefield podcast to talk about how politics differ between the US, Canada and Australia, founding Activate, a retreat for progressive leaders and his consultancy Fieldwork, where he advises leaders and their teams.

What we learned this week as Canada and the US enter a trade war, President Trump hosts a back-to-school event at the White House and Dan Sullivan stands in Alaska.See omnystudio.com/listener for privacy information.

LA drifts further over the edge of insanity. How do you feel about government-funded (AKA YOU funded) masturbation and sex sites to service the city's homeless? Angelenos are pissed over their choices for mayor, but democrats chased Spencer Pratt out of contention. Who will save LA? The US-Canada trade war spells economic doom for Canada - just listen to the numbers. And Enes Kanter Freedom gets ejected and banned from a WNBA arena for standing up for women who don't want men in their sports.    

Brian Szytel recaps Thursday, August 27 markets, highlighting a major AI chip company's better-than-expected earnings and sharply higher 2028 guidance that lifted its stock 10% and pushed all three major indices higher, led by the Nasdaq, while bonds were flat with the 10-year at 4.67% and WTI oil up about 2% near $83. Economic updates included better-than-expected initial jobless claims (203k vs. 208k) and a wider July goods trade deficit of $118 billion, which he frames within the dollar-based reserve system. He also discusses US-Canada tariff tensions, arguing trade wars are zero-sum and ultimately hurt consumers and the economy. Addressing low S&P 500 dividend yield concerns, he says the decline is largely price-driven and maintains confidence in dividend growth investing focused on efficient capital use, including dividends and buybacks. 00:00 Welcome and Setup 00:24 AI Earnings Lift Markets 01:08 Rates Oil and Data 02:00 Trade Deficit Explained 03:02 Tariffs and Trade Wars 03:44 Dividend Yield Concerns 04:06 Why Dividends Still Win 05:40 Wrap Up and Disclosures Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Get 10% Off your entire order & take advantage of Ridge's Annual Sweepstakes by going to https://www.Ridge.com/NEWSDAY #Ridgepod NO PURCHASE NECESSARY. Open only to legal residents of the promotion territory, who have reached the age of majority in their jurisdiction of residence. Void elsewhere & where prohibited by law. Enter by 9:00 a.m. USPT on 8 September 2026. 2 winners, prizes total ARV: up to approx. $539,165 CAD / £284,170. Skill-testing question required in CA. See Official Rules at ridge.com/pages/rules for complete eligibility, entry instructions, how to enter without a purchase, entry limits, prize details, odds, and restrictions. Sponsor: The Ridge Wallet LLC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jon Herold and Burning Bright open with the escalating US Canada trade dispute, breaking down a clip from US Trade Representative Jameson Greer disputing the media narrative around a last minute tariff postponement gone sideways. There's real skepticism here about who actually backed out of the deal and why the coverage seems tilted. From there it's a stretch of speculation around the CIA director's overnight trip to meet with Russian officials, with theories ranging from Iran sanctions messaging to something involving England, before the hosts settle on a more mundane explanation. The back half shifts to Elon Musk's newly announced Terrafab project, reportedly set to be one of the largest physical structures on Earth, and what it means when Trump's data center rhetoric and Musk's building plans start looking suspiciously coordinated. A August 2025 flashback clip also gets revisited for context.

Trump starts a trade war with Canada, announces “Economic D-Day” against Iran, while Russia deploys AI killer drones in Ukraine.Tommy and Ben break down the collapse of US-Canada trade negotiations, the politics animating Prime Minister Mark Carney's tough talk, and why a trade war carries long-term economic risks for Canada. Then the Trump administration threatens an “Economic D-Day” against Iran, which so far seems like an empty threat. In Ukraine, Russia has deployed autonomous drones that select their own targets using artificial intelligence, while CIA Director John Ratcliffe makes a mysterious trip to Moscow, and British Prime Minister Andy Burnham makes his first foreign trip to Kyiv and promises long-range missiles. The Pentagon fires the publisher, editor-in-chief, and a reporter from the military's own newspaper, “Stars and Stripes,” for speaking about the importance of editorial independence. And the guys dig into the rise of El Salvador's Nayib Bukele as the unlikely standard-bearer for a new wave of hard-right Latin American leaders, and show some terrifying and funny videos from the 2026 World Humanoid Robot Games. Then Ben interviews award-winning filmmaker Poh Si Teng and Dr. Feroze Sidhwa about the new documentary, American Doctor, that exposes the gut-wrenching experiences of doctors who went to Gaza to help, and the battle to force change back in Washington, D.C.Hate listening to ads? Become a Friends of the Pod subscriber for ad-free episodes of Pod Save America, Pod Save the World, Lovett or Leave It, Runaway Country, Offline with Jon Favreau, and more—plus exclusive content, including bonus episodes of Pod Save America. Subscribe now at crooked.com/friends, on Apple Podcasts, or through the Pod Save America YouTube channel.To watch this episode with subtitles, click here and turn on closed captions (CC).You can request a transcript by emailing transcripts@crooked.com. Include the podcast name, episode title, and air date. Please allow 48 hours for delivery.

Matt Dines returns to break down a week of escalating monetary chaos. Scott Bessent doubles the Treasury buyback limit to $4 billion, Stanley Druckenmiller fires a public warning shot in the Wall Street Journal, and the US-Canada trade relationship collapses into 50% tariffs. Matt maps the mechanics behind treasury auctions, yield curve defense, and the offshore dollar's unwind, then connects "Operation Economic Outcast" and Iran's oil smuggling scandal to a broader financial war. Plus tokenized securities, the stalled Clarity Act, the ARMA bill, and what Bitcoin's five-sigma candle actually signaled. Matt on X: https://x.com/LeveredUSTs Build: https://getbuilding.com/ Find the Home Mining Playbook here: https://www.tftc.io/home-mining-energy-playbook STACK SATS hat: https://tftcmerch.io/ Our newsletter: https://www.tftc.io/bitcoin-brief/ TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/ Discord: https://discord.gg/yHGkvYxdqT Opportunity Cost Extension: https://www.opportunitycost.app/ Shoutout to our sponsors: Block: Cash App: For a limited time, new customers can get $21 added to their balance. Just use code TFTC10 when you sign up, and send at least $5 to a friend in the first two weeks. Terms apply. Bitcoin services by Block, Inc. See the Bitcoin disclosures at cash.app/legal/podcast. Square: Visit http://square.com/go/tftc for up to $200 off eligible Square hardware. Bitkey: Use code TFTC10 for 10% off the new Bitkey. Aven https://www.aven.com/bitcoin CrowdHealth https://www.joincrowdhealth.com/tftc Unchained https://unchained.com/tftc/ Salt of the Earth: https://drinksote.com/tftc Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Newsletter tftc.io/bitcoin-brief/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/ Disclosure: Bitcoin services are provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories, and not all services are available in all states. Bitkey is not available in New York. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Bitcoin is a non-deposit, non-bank product that is not FDIC insured and involves risk, including monetary loss. For additional information, see the Bitcoin disclosures: https://help.cash.app/btcdisclosures Get up to $200 off Square hardware when you sign up at http://square.com/go/tftc! #squarepartner. Offer expires December 31, 2026 at 11:59 pm PST. Offer for $40 off the cost of one Square Stand, $75 off the cost of one Square Terminal, $100 off the cost of one Square Handheld, or $200 off the cost of one Square Register, excluding applicable taxes. Limited to one discount per product type per seller account. Each code is limited to one redemption per account holder. Valid for new Square customers located in the US only. Offer not valid with guest checkout. Square reserves the right to modify, revoke or cancel the offer at any time. Offer cannot be combined with any other coupon. Void where prohibited, not redeemable for cash, and non-transferable. #squarepartner #blockpartner

In this wide-ranging Wednesday episode, Ted and Austin Broer connect the doxing and AI deepfake fabrication threat, the US-Canada electricity trade war and utility grid vulnerability, Dolly Parton's passing, measles outbreak media narrative critique, gold's re-entry into financial architecture, magnesium brain food's fibromyalgia and migraine research, EPA exempting data centers from air pollution disclosure, Trump's mass visa revocation plan, and the trades versus student debt conversation into a broadcast that delivers both urgent surveillance and health science guidance alongside sharp economic, geopolitical, and cultural accountability.

Oppose the US-Canada trade war! Unite the workers of the Americas against tariffs, war and dictatorship! / With “economic D-Day” against Iran, Washington escalates conflict with China / Electric shock gloves sought by ICE were used on Omaha schoolchildren

Why did the trade negotiations between the U.S. and Canada fall through? Glenn breaks down how Canadian Prime Minister Mark Carney starting a trade war with America may actually be a political campaign to help Democrat candidates in America win. Glenn discusses the ongoing murder trial involving Lindsay Clancy and explains why people are looking to find guilt anywhere besides where the fault lies: Lindsay Clancy. Everybody has heard the line from "Spider-Man," “With great power comes great responsibility.” Glenn dives into the history of that proverb and how it's still relevant to everything we're seeing today. Glenn discusses the recent media obsession with White House appointments secretary Natalie Harp, a bone cancer survivor saved due to President Trump's involvement in her treatment. Rebel News founder Ezra Levant joins to discuss the possibility that Canadian PM Mark Carney purposefully sabotaged the U.S./Canada trade negotiations. Former investment banker Carol Roth joins to discuss what it would look like if the dollar were replaced as the global reserve currency.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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This week we talk about borders, trade wars, and belligerence.We also discuss Trump's tariffs, inflation, and nationalism.Recommended Book: Vulture Capitalism by Grace BlakeleyTranscriptThe US and Canada share the longest international border in the world, totaling more than 5,500 miles, or nearly 8,900 km. The specific details of this border have changed over the decades, but the current delineation was largely in place following the San Juan Islands water arbitration of 1872, which brought a 12-year joint military standoff between the US and Great Britain, known as the Pig War, to an end, and fed into a 1908 legal framework that relied on modern mapping of the entire frontier, which led to the precise cartography of the current international border between the US and Canada.Since then, after some issues with gold rush-era land rights were figured out in Alaska, and some treaties were signed regarding the disarmament of the Great Lakes, things have been pretty calm along this massive border. Trade hasn't always been the most efficient and free—the early 20th century in particular was pretty fraught in this regard, as Anti-Americanism raged through Canada. That led to a dismissal of a proposed lowering of trade barriers by the Canadian Liberal government in 1911, anti-American sentiment flogged by the Conservatives, who rode their slogan, “No truck or trade with the Yankees,” to a Canadian nationalism-powered victory.After the US entered WWI and the Allies tallied a victory, though, the US and Canada exchanged their first ambassadors, Warren Harding became the first US President to make an official visit the confederated Canada, visiting Vancouver in 1923, and things between these two countries were looking pretty good until 1930, when the US passed the Smoot-Hawley Tariff Act, which was a protectionist trade act that, among other things, raised tariffs on incoming Canadian goods in order to protect competing American business interests; making the local offerings artificially more competitive than the stuff coming in from Canada, basically.The Canadian government hit back with their own higher tariffs and shifted more of their trade to other Commonwealth nations, which led to a decrease in trade between the US and Canada of about 75%; and this was happening during the Great Depression, which is why that Act was enacted, the US government was hoping to bolster their own economy, but instead of helping, it furthered those economic difficulties, because of that drop in trade and international custom—Smoot-Hawley is generally considered to have been an incredibly bad economic move, and US President Hoover signed it against the advice of senior economists, because it seemed politically expedient, US businesses were clamoring for advantages because they thought it would help them, but instead it worsened the Great Depression, and this Act is now taught as a cautionary example of why protectionist trade policies, while appealing in a nationalist sense, tend to be pretty bad, almost always, economically.US-Canadian relations improved a bit in the WWII-era, and into the early decades of the Cold War. By the late-1960s, the US had become Canada's largest export market, and that's why Nixon's 1971 decision to enact a 10% tariff on all imports, including those from Canada, hit the Canadian economy so hard. Overall US-Canadian relations soured during Nixon's time in the White House, in part because the Canadian government pivoted toward Europe, rather than kowtowing to the US' economic demands, and Nixon's belligerence in the face of that pivot didn't help matters.When US President Carter stepped into office, however, things improved for a while, and though there were serious bouts of stagflation in both nations through his time in the White House, American investment in Canada increased, and relations continued to be friendly leading into the 1990s, at which point the North American Free Trade Agreement, or NAFTA was signed, in 1994. NAFTA created a common market in North America, between the US, Canada, and Mexico, and that meant the $19 trillion or so in trade between the 470 million people or so living in North America by 2014, would be entirely or almost entirely without barriers, no tariffs or very small, focused tariffs.Though imperfect by many measures, NAFTA is generally considered to have been a major success, at least in terms of raw economic productivity in North America. And in 2020, is was replaced by the USMCA, the United States-Mexico-Canada Agreement, which is often called NAFTA 2.0, which is in many ways just a modernization of NAFTA that updates many of the earlier provisions and focuses more on digital trade and intellectual property than its precursor.In July of 2026, however, the US government announced that it would not be renewing the USMCA, after Canada asked the US and Mexico to renew it for another 16 years. The pact remains in effect until it expires in 2036, though it can also be renegotiated or replaced before that. The US Trump administration pointed at rising trade deficits between the US and both Mexico and Canada as the rationale for not renewing it, and at loopholes in the agreement that allowed other nations, like China, to send car components to Mexico and then essentially get Chinese vehicles into North American markets, benefitting from the agreement despite not being a signatory of it.What I'd like to talk about today is a new trade scuffle between the US and Canadian governments, and what it might mean for the two nations in the coming years if said scuffle becomes a more persistent trade war.—In July of 2026, US President Trump threatened to invoke a provision of the Smoot-Hawley Tariff Act, that Act from 1930, the Great Depression, which was previously unused, to impose additional tariffs on Canada, despite the continued existence of the USMCA trade agreement.Stepping back a bit, in his second administration, Trump has unilaterally imposed all kinds of tariffs on pretty much everybody, arguing that those tariffs would bring in more money and thus allow him to lower taxes on the wealthy and on businesses while still bringing in enough to reduce the federal deficit. This claim wasn't backed by economists and the deficit has continued to increase at a record rate under his administration, but he's continued to try this approach and make these claims, regardless.The Supreme Court eventually stepped in to limit Trump's ability to impose tariffs in early 2026, saying that the Presidency doesn't have the power to create a bunch of tariffs and impose them on everyone, even when he points at the International Emergency Economic Powers Act as justification. That halting of Trump's tariffs seem to have helped temper inflation in the US a bit, but now Trump is now taking another approach to try to accomplish the same, invoking this 1930, Great Depression-era act to try to give himself broad tariff-applying powers, once more, despite that Supreme Court decision.As I mentioned in the intro, the application of Smoot-Hawley tariffs worsened the Great Depression, as the US applied all these tariffs on foreign goods to try to give its own industries an advantage, and that led to counter-tariffs from most of its targets. Within a few years, the people behind those tariffs were booted from office, and the bad taste it left in the US government's mouth is part of what led to the wave of trade liberalization that happened post-WWII—everyone was done with the heavily tariffed trade environment because it kind of sucked for everyone, so free trade was the name of the game for decades.Now at the time, even though the tariffs had a net-negative impact on the US, they didn't exactly crush the US because international trade only made up about 10% of the US economy back then. Today, about 25-27% of US GDP relies on international trade. So still not a majority by any means, and the global average is about 63%, so the US is more capable of undertaking this sort of trade barrier strategy than many other nations, but that's still a pretty substantial chunk of economic activity in the US that's impacted by such efforts.This declaration by Trump that he would be using this old Tariff act to apply new tariffs on Canadian goods arrived after trade negotiations between the US and Canada fell apart, reportedly mere minutes before a deadline, with both sides claiming to the press that the other side attempted to make a last-minute change that was untenable.After Trump announced that additional 50% tariff on certain goods, the Canadian Prime Minister Mark Carney announce that he would be matching those tariffs, dollar for dollar—a move that's likely to hurt Canada more than the US, though many US industries, including those that are already hurting because of resource shortages that have been amplified by Trump's war with Iran and the consequent shut-down of the Strait of Hormuz, not to mention all the uncertainties that have arisen because of his other tariff threats, those industries and businesses will suffer more than most; the US auto industry, for instance, relies on goods that pass back and forth across the Canadian border several times before eventually ending up in US-made automobiles. The US construction industry is likewise reliant on Canadian lumber products.It seems like Canada has generally tried to work with the US government to come to a mutually beneficial and appealing compromise, but when that happens, the US then pushes for more, then blames Canada for fighting back when the US attempts to punish them for not just giving in. And this is something the Trump administration, and Trump himself, have become fairly notorious for, so it's a decent assumption, even though we don't know all the details here, yet, that this is what happened in this case, too.And as a result, it sounds like the US will apply 50% tariffs on about $20 billion worth of Canadian goods coming into the US, including things like honey, seeds, and agricultural products, and some types of furniture, clothing, and fabric.About 72% of all Canadian exports went to the US in 2025, and many of those exports, the ones to which this new tariff will be applied, will now be more expensive, because these costs are almost always passed on to the end-consumer, not just eaten by the business, which in some cases wouldn't be able to afford to eat those higher costs and stay in business. This is part of why these sorts of tariffs often increase inflation rates.Both sides of this conflict have publicly committed to not back down, and there's political hay to be made in sticking with that sentiment; the US is not terribly popular in Canada, or in many allied countries, right now, due to the antagonistic stance the Trump administration has taken toward those relations, so the Canadian government might actually benefit from taking a hard line against the US, here. Likewise, Trump's supporters might rally around his bullying of a neighboring nation, especially if the administration can successfully frame this as an effort to reduce the deficit or support US businesses, protecting them from foreign competitors are are unfairly competing.There's still a fair bit of fog of war on all of this, and we'll know a lot more within the next few weeks, both in terms of the details of what happened, and in terms of what's likely to happen next. Right now, though, it would seem that we could be headed for a new trade war between two of the world's most deeply intertwined wealthy economies, and that could lead to a lot of global economic disruptions as some of that trade is rerouted, and as inflation continues to spiral.Show Noteshttps://apnews.com/article/trump-tariffs-canada-us-trade-war-293908564c7a381ea58a61db6e9a8517https://apnews.com/article/canada-us-trade-tariffs-trump-857ef76b20a766e370d70176135b678ehttps://apnews.com/article/canada-us-trade-war-trump-carney-tariffs-4d18583fe52134ca8550652ad9772d2chttps://www.nytimes.com/2026/08/22/business/economy-trade-war-us-canada.htmlhttps://www.axios.com/2026/02/20/trump-tariffs-supreme-court-illegalhttps://access.heinonline.com/HOL/LandingPagehttps://en.wikipedia.org/wiki/North_American_Free_Trade_Agreementdoi.org/10.1017%2FS0022050700019549https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Acthttps://en.wikipedia.org/wiki/Canada%E2%80%93United_States_trade_relationshttps://www.axios.com/2026/08/22/us-canada-tariffs-trade-trump-carneyhttps://www.npr.org/2026/08/22/nx-s1-5941584/us-canada-tariffshttps://apnews.com/article/canada-us-trade-tariffs-trump-857ef76b20a766e370d70176135b678ehttps://www.bbc.com/news/articles/cvgvyy4x2mvohttps://www.nytimes.com/2026/08/22/world/canada/carney-trump-canada-tariffs.html This is a public episode. 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Hakeem Jeffries is strongly defending his secret meeting with Jared Kushner, reassuring progressives by saying, "no one in the Trump 'cartel' is going to get a pass." The House minority leader joins us live in the Situation Room .... The US-Canada trade war escalates, with Ontario Premier Doug Ford saying "everything is on the table," including cutting power to several US states. He also joins us live.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Promising trade talks imploded after a literal 11th-hour change from the American side. We examine the new trade barriers being erected, and the complex calculation for Prime Minister Mark Carney. In Japan Gen X workers are even still bearing the costs of an economic bubble-burst from the 1990s. And how fates of civilisations have turned on sieges throughout history. Guests and host:Hal Hodson, Americas editorMoeka Iida, East Asia reporterRichard Cockett, senior digital editorJason Palmer, co-host of “The Intelligence”Topics covered: Canada, the United States, tariffs, Mark Carney, trade warJapan, Gen X, labour marketsieges, world historyListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.

Promising trade talks imploded after a literal 11th-hour change from the American side. We examine the new trade barriers being erected, and the complex calculation for Prime Minister Mark Carney. In Japan Gen X workers are even still bearing the costs of an economic bubble-burst from the 1990s. And how fates of civilisations have turned on sieges throughout history. Guests and host:Hal Hodson, Americas editorMoeka Iida, East Asia reporterRichard Cockett, senior digital editorJason Palmer, co-host of “The Intelligence”Topics covered: Canada, the United States, tariffs, Mark Carney, trade warJapan, Gen X, labour marketsieges, world historyListen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.

The U.S.-Canada relationship is getting even messier after trade negotiations collapse and Canada vows to retaliate against President Trump's new tariffs. The Chicks break down the wildly uneven trade relationship, Canada's dependence on the American economy, NATO spending, China's role in North American trade, and why they think Mark Carney may have seriously miscalculated.Plus, Massachusetts Democrats Ed Markey and Seth Moulton weigh in on transgender athletes in girls' sports, Ro Khanna pushes a massive California wealth tax proposal, and socialist groups continue popping up in some surprising places.Later, Enes Kanter Freedom gets ejected from a WNBA game, Andrew Wilson weighs in on the growing Charlie Kirk conspiracy theories, and Spencer Pratt unexpectedly delivers an epic takedown of the online insanity.The Chicks also dive deeper into the Lindsay Clancy case, the disturbing social media movement defending her, Patrick Clancy's heartbreaking experience, and how viral “Clancy clan” posts could potentially come back to haunt women in divorce and custody cases.SUPPORT OUR SPONSORS TO SUPPORT OUR SHOW!Oversized, ultra-plush, Cozy Earth beach towels are built for your days by the water.Head to https://cozyearth.com code CHICKS for an exclusive 20% off.Check out HealthyCell Immune Super Boost  to support your immune system in one gel pack!  Visit https://HealthyCell.com/CHICKS code CHICKS20 to save 20% on your first purchase.Subscribe and stay tuned for new episodes every weekday!Follow us here for more daily clips, updates, and commentary:YoutubeFacebookInstagramTikTokXLocalsMore InfoWebsite

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Monday Headline Brief of The Wright Report, Bryan breaks down a blockbuster week for your wallet, with a renewed US-Canada trade war and a promised "Economic D-Day" assault on Iran and China set to rattle markets and gas prices. Bryan covers Michigan Senate candidate Abdul El-Sayed's ties to an author who defends child marriage and wife-beating, New York City's spiraling costs from Mayor Mamdani's free grocery stores, and revelations that Hasan Piker's brother holds security clearance to work on the new Air Force One. He also breaks down Texas Governor Greg Abbott's push to shut down Muslim-only foot-washing stations at state airports. Plus, Bryan covers Iran's threat to retaliate militarily against Trump's new economic sanctions, a historic Iranian cyberattack that knocked out a British power plant for four days, Russian sabotage campaigns hitting weapons factories across Europe, and new research on a peptide that dramatically boosts survival from radiation exposure. "And you shall know the truth, and the truth shall make you free." - John 8:32   Keywords: Wright Report, Bryan Dean Wright, US Canada trade war, tariffs, Iran sanctions, Economic D-Day, China, Abdul El-Sayed, Michigan Senate, child marriage, Zohran Mamdani, New York, Hasan Piker, Air Force One, Texas, foot washing stations, Muslim, IRGC, cyberattack, UK power plant, Russia sabotage, Europe, radiation peptide

On the DSR Daily for Monday, we break down the collapse of US/Canada trade negotiations, the DOJ's appeal of a Supreme Court decision, Trump's puzzling appeal to voters, and more.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump lashes out after US-Canada talks devolve into trade war, fast-moving wildfire amid shifting winds threatens Reno, and how to save big money on a move.

The US government is warning countries who do business to with Iran. Trade tensions are escalating between the US and Canada. We have an update on a raging wildfire in Nevada that's forced tens of thousands to evacuate. The US military carried out its latest deadly strike against an alleged drug boat. And, an NFL team owner's run-in with the law. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Alaska, Florida, and Wyoming held primaries last night, with a mixed showing for progressives in Florida, including a surprise win in the Democratic Senate primary.President Trump pushed back new tariffs on Canada by three days after saying the two countries may restart a controversial oil pipeline, though the bigger North American trade deal is still up in the air.A major trial against Meta began in California, with states accusing the company of designing its platforms to be addictive for young users and of misrepresenting the risks.Want more analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show's perks include sponsor-free listening. Learn more at plus.npr.org.Today's episode of Up First was edited by Padma Rama, Kara Platoni, Rebekah Metzler, Tina Kraja, Mohamad ElBardicy and Alice Woelfle.It was produced by Ziad Buchh and Nia Dumas.Our director is Kaity Kline.We get engineering support from Neisha Heinis and our technical director is Eowyn Fain.And our Supervising Producer is Michael Lipkin.(0:00) Introduction(01:58) Florida Primary Results(05:51) US-Canada Tariffs(09:38) Meta Trial BeginsSee pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy