"Liberation Day" largely spares Canada, but will it change public opinion?

Some thoughts on the potential impact of yesterday's Trump tariff announcement on the 2025 Canadian election.

Yesterday’s announcement from U.S. President Donald Trump that Canada would be excluded from his sweeping new round of reciprocal tariffs appears, at first glance, to be a welcome reprieve for Canadian industry. But the reality is more complicated. While we’ve dodged the latest bullet, previously announced tariffs—particularly on autos, steel, and alumi…