U.S. President Donald Trump is threatening Russia with 100 per cent tariffs if it doesn't strike a deal to end the war in Ukraine in 50 days, and says he's concluded Russian President Vladimir Putin's talk about peace on their 'nice' phone calls 'doesn't mean anything.' Eurasia Group president Ian Bremmer argues Trump has shifted 'close to 180 degrees' on the war after being 'embarrassed' by Putin. Plus, Bonnie Critchley, an Independent candidate in the riding of Battle River-Crowfoot, argues constituents are being 'used' so that Conservative Party Leader Pierre Poilievre can return to the House of Commons.

Chief U.S. negotiator for the original NAFTA agreement, Carla A. Hills, says the president's threat of 35 per cent tariffs on Canadian goods on Aug. 1 is 'like shooting your sibling in the heart.' Prime Minister's Council on Canada-U.S. Relations member Arlene Dickinson argues the threat isn't a surprise, and that there's likely to be some level of tariffs even if a deal is reached. Plus, our political insiders discuss whether it's time to panic, or if the U.S. president's repeated reversals and the White House's clarification that CUSMA-compliant goods will still be exempt takes the sting out of the threat.

The NDP will choose a new leader in March in a contest with a $100,000 entry fee, sources tell CBC News and Radio-Canada. The Power Panel breaks down the questions about the NDP's identity that need to be solved if it hopes to recover from a severely reduced caucus in the last election. Plus, Ontario Minister of Economic Development Vic Fedeli says the province is 'all in' on electric vehicle subsidies despite the U.S. reversal on nearly all tax incentives for buying EVs.