Munk Dialogue with Andrew Coyne: The EU-US trade deal should serve as a warning to Canada and why supply management hurts the poorest Canadians

Rudyard and Andrew start the show assessing Trump's new trade deal with the EU: no relief on tariffs, carve outs that favour the US, and uncertainty for Europe down the road. Why did European Commission President Ursula von der Leyen agree to this deal? Why aren't all countries currently negotiating with the US working together to create a united front? And does the EU's deal provide a window into what Canada can expect from its own trade negotiations with the US? Trump is committed to tariffs and we need to accept this will be part of any future deal. And while we might not have yet seen the effects of tariffs on the price of consumer goods, we will soon as companies accept that this is a long term economic reality. Rudyard and Andrew then turn to supply management, a flawed policy issue that the Canadian government refuses to address. Why are we upholding a redistribution of wealth which benefits an affluent business community at the expense of the country's poor? Click here to purchase Andrew's new bestselling book, The Crisis of Canadian Democracy.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.