NEW TARIFFS: Trump Turns Up Trade War With Canada
Podcast: Philip TeresiPublished On: Mon Aug 24 2026
Description: The WSJ editorial reiterates its longstanding opposition to broad tariffs, arguing that recent court-ordered refunds demonstrate who actually paid the costs: American importers and, ultimately, many consumers. The paper maintains that trade wars generally inflict significant economic damage while delivering fewer benefits than their supporters promise. Trade negotiations between the United States and Canada collapsed on Aug. 21, 2026, triggering a new escalation in the economic dispute between the two longtime allies. As a result, new 50% U.S. tariffs took effect on roughly $20 billion worth of Canadian goods, and Canada announced retaliatory measures. Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms: --- Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Philip Teresi on KMJ Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
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