About this episode
Canadians have a key leverage point if President Trump makes good on his threat to impose 25% tariffs: oil. We talk to a business journalist with the Canadian Broadcasting Corporation on why oil would be the "biggest arrow in the quiver" should Canada and the U.S. descend into a trade war — but only as a last resort. Listen to CBC's Cost of Living with Paul Haavardstrud here . Related episodes: I will PAY you to take my natural gas Oil prices and the Israel-Hamas war For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy