Friday Focus: China's reciprocal tariffs and Canada gets a Liberation Day exemption

Friday Focus provides listeners with a focused, half-hour masterclass on the big issues, events and trends driving the news and current events. The show features Janice Gross Stein, the founding director of the Munk School of Global Affairs and bestselling author, in conversation with Rudyard Griffiths, Chair and moderator of the Munk Debates. Rudyard and Janice open the show with Trump's "Liberation Day" tariff announcements and specifically China's response: a punishing 34% countervailing tax on all imports from the US. Is this the start of a more dangerous moment between these two adversaries? President Trump is about to find out how vulnerable the US is to China, and how easy it is to start an economic war but how hard it is to end it. In the second half of the show Rudyard and Janice turn their attention to Canada, which was conspicuously absent from Trump's Wednesday tariff announcement. What can we expect when CUSMA - our free trade agreement with the US - gets renegotiated after the election? To support the Friday Focus podcast consider becoming a donor to the Munk Debates for as little as $25 annually, or $.50 per episode. Canadian donors receive a charitable tax receipt. This podcast is a project of the Munk Debates, a Canadian charitable organization dedicated to fostering civil and substantive public dialogue. More information at www.munkdebates.com.Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up. Hosted on Acast. See acast.com/privacy for more information.