Canada Tariffs, Bessent's Remarks: BI Washington Policy Pulse (August 24th, 2026)

With Congress still out and the week of Aug. 24 likely light on policy developments, the Bloomberg Intelligence's Aug. 24 Washington Policy Pulse call focused the US 50% additional tariff on roughly $20 billion of Canadian imports that took effect on Aug. 22 as well as Trump's Aug. 24 remarks that forthcoming tariffs were coming for the Canadian automotive industry. Canadian Prime Minster Mark Carney has vowed to respond with dollar-for-dollar retaliatory tariffs beginning Sept. 8, which could influence Senate races in Ohio, Maine and Alaska.

Finally, we reviewed a White House meeting last week with executives from Coinbase, Intercontinental Exchange and Nasdaq and how it didn't do much to move the crypto bill known as the CLARTY Act forward. We continue to ascertain a 40% chance of passage in 2026.

The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington DC.

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Episoder(2011)

Trump Trade Moves Worry GOP

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump’s latest trade upheaval is threatening to deepen R...

26 Aug 40min

BONUS: Ontario Premier Doug Ford Talks US-Canada Trade Tensions

Ontario Premier Doug Ford said his war of words with President Donald Trump got a little heated, but he had to "hit back." Ford says the US and Canada need a fair trade deal, but he says no deal is be...

25 Aug 11min

Carney Matches Trump Tariffs

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Prime Minister Mark Carney matched the new tariffs imposed by President D...

25 Aug 53min

Bessent Warns Iran's Trade Partners to Cut Ties Ahead of New Sanctions

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver ...

24 Aug 36min

Trump Says US Has Canada Trade Deal

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US President Donald Trump and Canadian Prime Minister Mark Carney express...

21 Aug 42min

US Debt Hits $40 Trillion, Trump Wages Economic War on Iran

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Total US public debt surpassed $40 trillion for the first time, and has n...

21 Aug 40min