After declaring victory in yesterday’s Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump’s on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump’s tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.

Plus, we’ll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout.

Here’s everything we talked about today:

"Trump knows exactly what he just triggered in Canada" from CBC News

"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News

"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times

"Mike Myers Is Ready to Defend Canada" from The New York Times

"Canada says its friendship with the US is ‘over.’ Now what?" From Politico

"The future of the USMCA" from the Peterson Institute for International Economics

We want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

On the show today, Kimberly joins us from an Ontario polling station on Canada’s election day. We’ll get into how President Trump’s trade war has shaped the federal election and may boost voter turnout. Plus, what Canadians are saying about boycotting American products and canceling their U.S. vacations.

Here’s everything we talked about today:

"Canadians vote today after fierce campaign shaped by Trump" from CBC News

"Canada votes in an election upended by Trump. Here’s what to know." from The Washington Post

"Canada’s Political Landscape Upended by Trump, Trudeau and Tariffs" from The New York Times

Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Americans expect inflation to rise to 6.5% this year according to the University of Michigan’s latest consumer sentiment survey. That’s the highest outlook since 1981. We’ll explain why those high inflation expectations could be keeping Federal Reserve Chair Powell up at night. And, the deal filmmaker Ryan Coogler made with Warner Bros. to make his latest horror movie “Sinners” is anything but ordinary. Could it shake up the Hollywood studio system?

"Trump administration reverses abrupt terminations of foreign students’ US visa registrations" from Politico

"Ryan Coogler's 'Sinners' isn't just scaring audiences. It's scaring Hollywood." from MSNBC

"Inflation expectations remain at highest level since 1981 even after Trump's 90-day tariff pause"

"Pickle, a Fashion App, Lets Strangers Borrow Your Clothes" from The Cut

"Subtitling Your Life" from The New Yorker

"Is community fact-checking the future of social media moderation?" from Marketplace

"The $20,000 American-made electric pickup with no paint, no stereo, and no touchscreen" from The Verge

Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Today, we’re answering questions from our listeners about everything going on in this economy (we know, it’s a lot). Like, whatever happened to that bipartisan bill that would pass authority over tariffs back to Congress? We’ll get into the status of the legislation and how states are jumping into the fight. Plus, we’ll discuss the legality of the Trump administration’s funding freezes and how foreign trade zones are helping some companies avoid sky-high tariffs.

Here’s everything we talked about today:

“Congress gave presidents power over tariffs. They could aways take it back” from CNN Politics

“12 States Sue Trump Over His Tariffs” by The New York Times

“Trump says he has 'no intention' of firing Fed Chair Jerome Powell” from AP News

“If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell” by CNBC

“How Congress — and not the president — controls how taxpayer money is spent” from Marketplace

“Trump tariffs lead to surge of companies parking imports in tax-free 'foreign trade zones’” from CNBC

“How Foreign Trade Zones In The U.S. Came Into Existence” by NPR

Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

The Overton Window is a concept that helps explain how the range of policies considered politically acceptable shifts over time. But have you heard of the “Ryssdal Window"? We’ll explain how it relates to what’s happening in the markets right now as president Trump hints at a possible change of heart on China tariffs. Plus, the FDA suspended a milk quality testing program. With less federal oversight, can private industries regulate themselves? And, the physics behind a great cup of coffee.

Here’s everything we talked about today:

"White House Considers Slashing China Tariffs to De-Escalate Trade War" from The Wall Street Journal

"FDA milk quality testing program suspended after job cuts" from The Hill

"‘Crazy’: Forest Service cuts ignite fear, fury over wildfire risks" from Politico

"The Physics of Perfect Pour-Over Coffee" from The New York Times

"Hegseth orders makeup studio installed at Pentagon" from CBS News

Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Hey Smarties! Today we’re sharing an episode from our friends over at “How We Survive,” Marketplace’s climate solutions podcast. This season, host Amy Scott and the team dig into the rise of environmental, social and governance-based investing, or ESG, and the right wing backlash that followed. In this episode, the story of ESG’s start revolves around some unexpected players: rabbis, nuns and other faith-based investors.

Yes — Obamacare is before the Supreme Court, again. This time, the case centers on the legality of an advisory task force. Experts worry it could spell the end of an ACA mandate requiring insurers to cover certain preventative care services at no cost. But first: Secretary of Defense Pete Hegseth is caught up in another Signal group chat scandal. Plus, Paul Revere wasn’t the only midnight rider to warn that the British were coming.

Here’s everything we talked about today:

"‘An amateur person’: GOP Rep. Bacon says Hegseth should go" from Politico

"Obamacare returns to SCOTUS, with preventive care on the line" from Politico

"Court to hear challenge to ACA preventative-care coverage" from Scotus Blog

"Kristi Noem’s Purse, With Security Badge and $3,000, Is Stolen" from The New York Times

"Paul Revere Wasn't the Only Midnight Rider Who Dashed Through the Darkness to Warn the Patriots That the British Were Coming" from Smithsonian Magazine

"April 18, 2025" from Heather Cox Richardson

Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Stop us if you’ve heard this before: We’re in an unprecedented economic moment. But this time really is different. America’s place in the global economy is shifting. And what happens next is going to matter for businesses, consumers and you. Today, Kai Ryssdal’s popping into your feed with special coverage and reporting from Marketplace to help you make sense of the scale and scope of the economic change in real time.

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