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US Trade Fight Escalates as Canada Digs In
Posted
August 23, 2026
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August 23, 2026
42,880
588
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9:27Now PlayingJoining Bloomberg This Weekend, Former Canadian Finance Minister Chrystia Freeland says Canada was right to walk away from a trade deal she argues would have harmed both countries, urging Ottawa not to back down and saying past retaliation against US tariffs proved effective. Freeland warns hosts David Gura and Christina Ruffini that Trump’s approach risks turning allies into “vassals” as Canada prepares dollar-for-dollar counter-tariffs after the US imposed new 50% duties.
(This conversation was edited to omit an incorrect statement about the titles of Canadian government officials.)
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