Welcome to the latest episode of Make Money Count! In this week’s episode, Marcus and Justin discuss the rising tensions between Canada and the U.S. From Trump’s unpredictable tactics to the massive risk facing Canada’s auto industry, it’s a must-watch if you care about what’s coming next for Canadian trade and stability.

Is Trump Actually Serious About Trade?

Trump shocked many by attending the G7, but was it for optics, or the start of serious trade threats? He has already threatened to impose tariffs on August 1st – Is this deadline real or just another Trump bluff?

Trump’s Mood Swings and Canada’s Dilemma

One minute, it’s “Canada’s a great partner,” the next, threats and tariffs. Marcus breaks down how Canada’s been reacting to Trump’s mood swings… and why that’s a dangerous game. Should we stop reacting and start negotiating on our terms?

The Auto Industry: 125,000 Direct Jobs at Risk

The U.S. message is becoming clear: they don’t want Canada building cars for American buyers. That’s a problem. Canada’s auto industry supports over 500,000 jobs (directly and indirectly). Losing access to that market would be devastating. What happens to Canadian manufacturing if Trump cuts off car imports?

Digital Sales Tax: A Quick Capitulation?

Remember Canada’s digital sales tax? Trump didn’t like it. So, when he raised his voice, Canada backed down. Yet the European Union stood firm. Why didn’t we? Does backing down signal weakness in future trade talks?

What Are We Willing to Sacrifice?

Between dairy protections and our refining inefficiencies, we’re in a bind. Canada needs to figure out which industries are negotiable and which are worth fighting for. Carney’s focus is on long-term efficiency, but Canadians are facing short-term job losses. Can we afford to “think long-term” if jobs are on the line today?

“It’s Like Playing Poker with Two Chips”

Marcus sums it up best: “Trump has all the chips and he’s bluffing hard. We’ve got two chips — and not a lot of leverage.” Canada’s current strategy? Stalling. But the longer we delay, the more fragile our economy becomes. Is it time to stop playing Trump’s game? Or keep hoping he folds?

Final Thoughts

Trade certainty, even if the deal isn’t perfect, is better than limbo. The Canadian economy is weakening with every passing day of uncertainty. It’s time to decide: are we negotiating for a future we want or just trying to avoid more damage?