Trump's Tariff Threats and The North: Canada’s Strategic Edge

This episode is essential listening for anyone following Canada-U.S. relations, trade policy, or the broader dynamics of economic nationalism and geopolitical strategy.Hosts Heather Bakken and Yaroslav Baran are joined by Fen Hampson, Chancellor’s Professor of International Affairs at Carleton University and Co-chair of the Expert Group on Canada-US Relations. Together, they unpack the fast-approaching August 1 trade deadline, triggered by U.S. President Trump’s threat of a 35% tariff on Canadian exports.Does this mean we're heading to Armageddon on August 1st? (Spoiler alert: it does not).Fen provides critical insight into what’s really at stake while clarifying that most Canadian exports are CUSMA-compliant and therefore shielded from the looming tariffs. Tensions remain high over steel, aluminum, and softwood lumber, with ongoing disputes and strategic maneuvering from both countries.The discussion also delves into supply management politics, the implications of Bill C-202, the complex dairy-quota standoff, and how geopolitics, market realities, and regulatory frameworks shape trade outcomes.Fen makes the case for Canada's competitive edge with The North as a strategic asset, rich in critical minerals and energy potential, and how northern development could redefine Canada's economic future as well as the national conversation on pipelines and sovereignty.