Friday Focus: Trump can't shake Epstein and Carney faces another trade test
Friday Focus provides listeners with a focused, half-hour masterclass on the big issues, events and trends driving the news and current events. The show features Janice Gross Stein, the founding director of the Munk School of Global Affairs and bestselling author, in conversation with Rudyard Griffiths, Chair and moderator of the Munk Debates. Rudyard and Janice open today's show with the Epstein Files: how Trump's alleged birthday letter to the convicted pedophile from 2003 - just leaked to the public - has added fuel to the fire of his already enraged base. What is it about the Epstein Files that has his otherwise loyal followers up in arms? and why is it sticking to a Teflon President whose past transgressions have been either forgiven or discounted by MAGA? Trump's base has thrived on this particular story of conspiracy, and to find out their leader is complicit presents a major political problem to the current US administration. In the second half of the show Rudyard and Janice turn their attention to trade negotiations with the US on the heels of Trump's latest tariff threats. Will Canada project the type of resolve needed to face down a mafioso style of diplomacy with the US? And is it worth riding out a rise in inflation and economic uncertainty to gain leverage against Trump in future negotiations? To support the Friday Focus podcast consider becoming a donor to the Munk Debates for as little as $25 annually, or $.50 per episode. Canadian donors receive a charitable tax receipt. This podcast is a project of the Munk Debates, a Canadian charitable organization dedicated to fostering civil and substantive public dialogue. More information at www.munkdebates.com.
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Munk Dialogue with Andrew Coyne: Canada seeks to diversify its trade partnerships beyond the U.S
What should we make of Trump's latest 35% tariff threat on Canada? Rudyard and Andrew agree that while this is not surprising given who we are dealing with, it's also not unique to Canada, with Europe and Mexico likewise getting hit with a tariff threat as well. We are not dealing with a normal interlocutor, and anybody who talks about Trump being a natural negotiator is not familiar with the trajectory of his career and many bankruptcies. Unfortunately for Mark Carney, the US holds most of the cards in cross border negotiations, and if recent history is any indication, there is no way of guaranteeing that Trump will live up to any treaty he signs. In the meantime, Europe and the Indo-Pacific have begun strengthening their relationships with other trade partners which will cost the US bargaining power in the future. But should Canada - in a similar bid to diversify trade - seek to strengthen business ties with China? And can Trump's tariffs - which have already paid off a portion of the US treasury's deficit - actually work as intended and chip away at America's ballooning debt?
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Friday Focus: Google's AI Overview will devastate small and medium-sized businesses
The full version of today's special Friday Focus is available to all paying and non-paying subscribers. Rudyard and Janice devote today's entire show to one of the biggest news stories of the year that is not being covered by mainstream outlets: an upcoming change in the Google search engine that will have a devastating effect on everything from business profitability to how we consume news. Google's AI Overview provides AI-generated summaries instead of links to websites, which when tested in Britain resulted in a 50% drop in site traffic. 90% of Canadians use Google as their preferred search engine and smaller and medium sized businesses rely on Google to drive traffic to their websites. Even an optimistic 25% drop in web traffic to these businesses could mean the difference between being in, and out, of business. AI summaries are also going to transform the news industry, relying on one or two big media organizations for sources while shutting out independent and diverse voices. What role can the government play in mitigating the devastating effects this AI mode will have on our culture and economy? And what can businesses do to survive this AI avalanche that is just around the corner? To support the Friday Focus podcast consider becoming a donor to the Munk Debates for as little as $25 annually, or $.50 per episode. Canadian donors receive a charitable tax receipt. Friday Focus provides listeners with a focused, half-hour masterclass on the big issues, events and trends driving the news and current events. The show features Janice Gross Stein, the founding director of the Munk School of Global Affairs and bestselling author, in conversation with Rudyard Griffiths, Chair and moderator of the Munk Debates. This podcast is a project of the Munk Debates, a Canadian charitable organization dedicated to fostering civil and substantive public dialogue. More information at www.munkdebates.com.
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29:20
Friday Focus: The US turns its back on Ukraine and a sombre American Independence Day
Friday Focus provides listeners with a focused, half-hour masterclass on the big issues, events and trends driving the news and current events. The show features Janice Gross Stein, the founding director of the Munk School of Global Affairs and bestselling author, in conversation with Rudyard Griffiths, Chair and moderator of the Munk Debates. Rudyard and Janice open the show unpacking the effect America's pause on military shipments will have on Ukraine's war effort. Putin has managed to drive a wedge between the US and Ukraine, thus removing the biggest obstacle to his maximalist ambitions. Has America officially walked away from Ukraine? And does Europe have the will, the weapons, and the finances to fill the void and give Ukraine a fighting chance in a war that they are losing? In the second half of the show Rudyard and Janice take stock of America on its Independence Day and agree that things do not look good from north of the border: a President who shows contempt for the courts and rule of law, and a country that is now spending more money servicing its debt than its military. Both Rudyard and Janice worry for America's short term future under this administration, but both are optimistic that American Exceptionalism can withstand this current moment and save the country from decline. To support the Friday Focus podcast consider becoming a donor to the Munk Debates for as little as $25 annually, or $.50 per episode. Canadian donors receive a charitable tax receipt. This podcast is a project of the Munk Debates, a Canadian charitable organization dedicated to fostering civil and substantive public dialogue. More information at www.munkdebates.com.
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Munk Dialogue with Andrew Coyne: how do you negotiate with Donald Trump?
Mark Carney is learning quickly - as the digital services tax debacle proved - that attempting good faith negotiations with the US President does guarantee a positive or lasting agreement. What is the point of making concessions of any kind when the goal posts keep moving? Rudyard and Andrew then turn to America's decision to pause weapon shipments to Ukraine on the heels of easing sanctions against Russia. Andrew believes that Trump has done everything in his power to enhance the Russian position while weakening Ukraine's, thus sending an important message to the world's democracies that American support is not guaranteed. Can Mark Carney's spending commitment to build up Canada's defense protect our borders in an increasingly hostile world dominated by strongmen? And perhaps most importantly, how will we find the money to pay for this?
The Munk Debates podcast is an extension of the main stage events - in subject, speaker selection, tone and format. It will introduce the iconic brand - and its engaging debates about significant issues of our time. Audiences will hear strong and passionate arguments from both sides of an issue so they will have enough information to make up their own minds about where they stand.
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