Notas del episodio
14 Feb 2026
The US is engaged in a self-destructive trade war with Canada, threatening tariffs on critical minerals. This jeopardises the US industrial supply chain, particularly for 12 minerals the US is 100% reliant on importing, most of which come from Canada. The US’s reliance on Canadian minerals, coupled with its lack of refining capacity, makes this a precarious situation, potentially leading to shortages and economic damage.
The US-Canada relationship is crucial for North American prosperity, particularly in supply chain economics. Tariffs and trade disputes threaten to disrupt this relationship, potentially leading to a supply crisis and stagflation in the US. Instead of antagonising Canada, the US should focus on long-term agreements and cooperation to secure access to critical minerals and strengthen their technological edge.