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Trump declared ‘economic warfare’ on Iran. What does that mean for Americans?

Aug 20, 2026 · 17m

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About this episode

On social media, President Trump announced he'll launch “economic warfare and isolation” against Iran. We talk to Edward Fishman, senior fellow and director of the Maurice R. Greenberg Center for Geoeconomics at the Council on Foreign Relations, about what economic warfare is and the downstream consequences it'll have on both Americans and also the global economy. Then, Trump had threatened to impose a 50% tariff on Canadian goods this week, but pulled back on that threat when trade talks resumed. CBC's Peter Armstrong shares the latest on renewed talks between the U.S. and Canada to settle tariffs on steel, aluminum, dairy, auto parts and more. See pcm.adswizz.com for information about our…