Canada-US Tariffs 2025, Down to Business, DTB

'No way Canada can win a trade war': John Manley shares some hard truths

Trump's tariff threats a 'really loud wakeup call' for Canada,' says former deputy prime minister

Get the latest from Gabriel Friedman straight to your inbox

As U.S. President Donald Trump continues to threaten all manner of tariffs — against Canadian aluminum, steel, and possibly auto, semiconductor and pharmaceutical exports or perhaps all goods — there is a raging debate about how Canada can and should respond.

In this episode of Down to Business, we hear from John Manley, former deputy prime minister of Canada who managed the country’s relationship with the U.S. at the highest levels of government.

Financial Post
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or
View more offers
If you are a Home delivery print subscriber, online access is included in your subscription. Activate your Online Access Now

Manley was elected as a liberal member of parliament for Ottawa South in 1988; and after the 9/11 terrorist attacks, he served as foreign minister and helped to fortify the Canada-U.S .border.

Today, Manley is chairman of Jeffries Securities, the Canadian arm of a New York investment bank, with a team of about 50 people in Toronto and Calgary that advise on big mergers and acquisitions.

Subscribe to Down to Business on your favourite podcast app.

If you have any questions about the show, or if there are topics you want us to tackle, email us: downtobusiness@postmedia.com.

• Email: gfriedman@postmedia.com | Twitter: GabeFriedz

Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters financialpost.com.