Americanswers! Are the US and Canada in an all-out trade war?

Americanswers! Are the US and Canada in an all-out trade war?

Americast · 2026-08-24

Canadian Prime Minister Mark Carney says "we cannot accept what they've offered, and we will not give what they've asked,” after trade negotiations with the US broke down over the weekend. Donald Trump has announced 50% tariffs on Canadian cars and steel — though not until January 1st, leaving four months of negotiating room and a set of midterm elections in between.

Can the two countries work out a deal? And why is this round of tariffs different from the previous round that the Supreme Court struck down?

And as US national debt passed $40 trillion, roughly doubled since Trump’s first term, Treasury Secretary Scott Bessent tried and failed to intervene in the bond market.

What realistic options are left for Donald Trump to intervene? Plus Trump's suggestion that "the ultimate intervention is our military," and whether AI-driven growth is a way out or just another thing crowding out government borrowing.

Justin, Anthony and Marianna answer your questions and discuss googlies, sticky wickets and what ‘coming out of left field’ really means.

HOSTS:• Justin Webb, Radio 4 presenter• Anthony Zurcher, North America Correspondent• Marianna Spring, Senior Social Media Investigations Senior Correspondent

GET IN TOUCH:• Join our online community: https://discord.gg/qSrxqNcmRB• Send us a message or voice note via WhatsApp to +44 330 123 9480• Email [email protected]• Or use #Americast

This episode was made by Alix Pickles and Beth Ashmead. The technical producer was Dafydd Evans. The series producer is Purvee Pattni. The senior news editor is Sam Bonham.

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Americast

Insight and analysis on what's happening inside Donald Trump's White House. Americast is the authoritative US news and politics podcast from the BBC. Each week we provide audiences with the best analysis from across the BBC, with on-the-ground observations and big picture insights about the stories which are defining America right now. The podcast is hosted by trusted BBC journalists including the BBC’s North America editor, Sarah Smith, BBC Radio 4 presenter, Justin Webb, the BBC’s disinformation and social media correspondent, Marianna Spring, and BBC North America correspondent, Anthony Zurcher. As well as political analysis, we also specialise in social media. Each week Marianna Spring brings listeners the latest updates from the BBC’s Undercover Voters, our award-winning investigation into the content that is recommended to US voters on social media. The team is also joined by special guests each week, like CNN anchor, Christiane Amanpour, Emmy Award-winning TV host, Rachel Maddow, and Succession actress, J Smith-Cameron. Podcasts are published every Monday, Wednesday and Friday. As well as being a podcast, we are also available every Friday on BBC Radio 4 and every Saturday on the BBC World Service. Oh, and you can now listen to Americast on a smart speaker. If you want to listen, just say ‘”Ask BBC Sounds to play Americast”. It works on most smart speakers. Every Monday we answer your questions on Americanswers, with some help from our friends, including BBC Radio 5 Live's Matt Chorley. Got a question or a comment? Get in touch with us on email at [email protected] or WhatsApp on +44 330 123 9480.

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