Canada's key resource against Trump's potential trade war

The Indicator from Planet Money

30-01-2025 • 9 mins

Canadians have a key leverage point if President Trump makes good on his threat to impose 25% tariffs: oil. We talk to a business journalist with the Canadian Broadcasting Corporation on why oil would be the "biggest arrow in the quiver" should Canada and the U.S. descend into a trade war — but only as a last resort.

Listen to CBC's Cost of Living with Paul Haavardstrud here.

Related episodes:
I will PAY you to take my natural gas
Oil prices and the Israel-Hamas war

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