Front Burner

What Trump's new tariff threats could mean for Canada

Donald Trump has sent the world, including Canada, a fresh set of tariff threats. Could the two countries still reach a trade deal?
Prime Minister Mark Carney, left, U.S. President Donald Trump and UK Prime Minister Keir Starmer, arrive for a group photo at the G7 Summit, Monday, June 16, 2025, in Kananaskis, Alta.
Prime Minister Mark Carney, left, U.S. President Donald Trump and UK Prime Minister Keir Starmer, arrive for a group photo at the G7 Summit, Monday, June 16, 2025, in Kananaskis, Alta. (Mark Schiefelbein/AP Photo)

U.S. President Donald Trump wrote letters to over two dozen trading partners last week, threatening a fresh set of tariffs. Canada was among them and is now facing the possibility of 35% tariffs on all Canadian goods that don't comply with CUSMA, the Canada-U.S.-Mexico Agreement, if a deal isn't reached by August 1st. 

Where do our negotiations with the Trump administration stand and how much worse could things get if these tariffs come into effect? What cards can Canada still play at the negotiating table? And what does Trump's ongoing tariff approach mean for the world? To help make sense of it all, we're joined by Eric Miller, trade analyst and president of Rideau Potomac Strategy Group.

For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts

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