The Peak Daily Tit-for-tat 🇺🇸 — Trump gears up for tariff war. The B.C. startup fighting diabetes with 3D printers
Jan 9, 2025
Randall Bartlett, Senior Director of Canadian Economics at Desjardins, offers sharp insights on the looming economic challenges posed by Trump’s potential tariffs on Canada. The conversation dives into the implications for U.S.-Canada relations and touches on interest rate shifts in Canada. Also thrillingly explored is Aspect Biosystems, a B.C. startup innovating diabetes treatment with 3D printing technology, which could revolutionize how the disease is managed, moving beyond traditional insulin injections.
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Trade Threats Could Become Real Policy
- Donald Trump may declare a national economic emergency to impose tariffs unilaterally on allies.
- A 25% blanket tariff on Canada risks serious economic damage beyond negotiation posturing.
Retaliation Would Also Hurt Canada
- Reciprocal tariffs from Canada could deepen the damage and shrink GDP substantially.
- Scotiabank modelling showed Canadian GDP could fall by about 5.6% under tit-for-tat tariffs.
3D Printing Could Transform Diabetes Care
- Aspect Biosystems raised $150 million to advance 3D-printed human tissue for diabetes treatment.
- If human trials scale, implants could reduce or eliminate daily insulin for some patients.