Donald Trump will be president of the United States for a second time. Trump’s decisive victory Tuesday plunges the U.S., the world and Canada into uncharted territory. The president-elect pledged to deport American residents, slap tariffs on imported goods, and renegotiate a crucial trade deal with Canada and Mexico.

Not only are Canada and the U.S. each other’s largest trading partner with $3.6 billion worth of goods and services crossing the border each day, but millions of jobs also rely on that two-way trade and investment.

This week on “It’s Political” we’ll take a look at the Canada-United States-Mexico-Agreement (CUSMA) or as it is called in the United States, the U.S.M.C.A., and the trade irritants that have popped up since the deal came into effect four years ago.

Automotive Parts Manufacturers'​ Association President Flavio Volpe, Ontario Independent Senator and former president of the Canadian Labour Congress Hassan Yussuff, Canadian Chamber of Commerce Vice President of Strategic Policy and Global Partnerships Catherine Fortin LeFaivre, International Trade Lawyer and McMillan Partner William Pellerin, and Future Borders Coalition Executive Director Laura Dawson will join us.

But we’ll begin with the first of a two-part discussion about the impact of Trump’s election on geopolitics, lessons learned from the last round of trade negotiations, and how Canadians political parties can prepare with Canada’s former ambassador to the U.S. David MacNaughton and prime minister Justin Trudeau’s former principal secretary and Eurasia Group Vice Chairman Gerald Butts.

• 5:24 -- MacNaughton and Butts part 1
• 25:00 -- Mini-documentary on CUSMA and trade irritants
• 48:40 -- MacNaughton and Butts part 2

Some of the clips this week were sourced from the Canadian Parliamentary Press Gallery, CPAC, Global, Fox, Bloomberg, CTV, CBC, C-SPAN, and CP24.

This episode of “It’s Political” was produced by Kevin Sexton and host Althia Raj. Matt Hearn is our sound engineer. Our theme music is by Isaac Joel.