The House

Canada’s long hot trade summer, explained

Jul 5, 2025
Inu Manak, a Trade Policy Fellow with the Council on Foreign Relations, joins Maninder Sidhu, Canada’s Minister of International Trade, and Dimitry Grozoubinkski, Australian trade consultant and author, to unpack Canada’s trade challenges. They discuss the ramifications of retracting the digital services tax amidst U.S. pressures. Insights are shared on the impact of tariffs on Canadian dairy and beef industries. Lastly, Grozoubinkski critiques political misinformation in trade discussions, offering a refreshing perspective on navigating current global trade dynamics.
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INSIGHT

Trade Tensions Expose Canadian Divisions

  • Donald Trump’s trade tactics have exposed divisions within Canadian agricultural sectors.
  • There is increased discussion on Canadian unity and interprovincial trade barriers as a response.
INSIGHT

Businesses Push for Trade Diversification

  • Canadian businesses now demand the government open new global markets due to drying U.S. orders.
  • This marks a shift from previous years when firms preferred U.S. trade due to language and proximity.
INSIGHT

Global Partners Eager to Trade

  • Canada sees opportunity in global trade challenges and willingness from partners to deepen relations.
  • Recent trade talks with Ecuador and UAE show appetite for business with Canada.
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