Tariff Debate Takes Centre Stage

Tariff Debate Takes Centre Stage

Author: TD Securities February 27, 2026 Duration: 44:37
What if Cuba became a territory of Canada? What if Justice Alito suddenly retired this summer? These are just two of Frank's more provocative thoughts in this month's episode of Geopolitics. Frank also addresses the "monumental" Supreme Court ruling on tariffs, Trump's pivot to Section 122 flat tariffs and Jameson Greer's suggestion that Canada needs to accept some tariff level as part of CUSMA negotiations, a point Frank pushes back on given it defeats the notion of a "free trade agreement." He also discusses the prospect of US military action in Iran, the latest on Venezuela and the possible revitalization of Keystone XL. This podcast was recorded on February 26, 2026 Chapter Headings: 01:36 - Frank's Musings on Supreme Court Changes and a Solution for Cuba 10:39 - Supreme Court Ruling on IEEPA Tariffs and Trump's Pivot to 122 18:08 - Does Canada Have to Accept Tariffs in a renewed CUSMA? 23:52 - Trump's Plan to Replace Income Tax with Tariff Revenues 27:26 - Will Trump Attack Iran? 33:34 - The Latest in Venezuela 35:27 - South Bow Discusses Revitalizing Keystone XL

Each month, Peter Haynes sits down with Frank McKenna for a conversation that cuts through the noise of global headlines. The Geopolitics with Frank McKenna podcast provides a rare perspective, shaped by McKenna’s unique blend of experience as a former Canadian Premier and Ambassador to the U.S., now serving as Deputy Chair at TD Securities. This isn't a theoretical discussion; it's a practical analysis of how international tensions, trade disputes, and shifting alliances directly impact markets and business strategies. You’ll hear nuanced takes on the stories dominating the news, grounded in a deep understanding of both political corridors and boardrooms. Haynes guides these monthly dialogues to unpack complex issues with clarity, making the forces shaping our world accessible and relevant. For anyone looking to comprehend the real-world implications of global power dynamics, this series offers essential listening. The insights throughout this podcast come from a place of firsthand experience, offering listeners a valuable lens on the interconnected nature of policy and finance. Tune in for thoughtful, forward-looking conversations that go beyond the soundbite.
Author: Language: English Episodes: 53

Geopolitics with Frank McKenna
Podcast Episodes
10 Predictions for Geopolitics in 2023 [not-audio_url] [/not-audio_url]

Duration: 46:15
The start of a new year is always a great time for predictions, so we decided to challenge Frank to provide his thoughts on ten of the most important geopolitical matters impacting Canada and the rest of the world order.…
Donald Trump and His Legal Woes [not-audio_url] [/not-audio_url]

Duration: 44:21
In Episode 34, Frank breaks down the legal woes of Donald Trump and is left to wonder "is it possible to be President of the United States while in jail?" Of all the cases in front of the former President, Frank thinks i…
Talking Canadian Politics with Rona Ambrose [not-audio_url] [/not-audio_url]

Duration: 45:52
Episode 33 of our monthly podcast series on Geopolitics is a special bonus for our listeners. In this episode, we listen in on a recent interview with The Honorable Rona Ambrose conducted at our 23rd Annual TD Securities…
The UK's Lost Trusst in its Leader [not-audio_url] [/not-audio_url]

Duration: 40:15
In Episode 32, Frank addresses the rhetoric from Alberta's new Premier Danielle Smith who he believes will need to tone down the message in order to be electable next May. The theme of inflation is prevalent, with Frank…
Russia's Nuclear Threat [not-audio_url] [/not-audio_url]

Duration: 42:19
In Episode 31, Frank and Peter catch up on world events, including the war in Ukraine and Putin's saber rattling over nuclear weapons, the changing political landscape in Europe and the U.K., the U.S. mid-terms and the C…
Poking the Bear [not-audio_url] [/not-audio_url]

Duration: 37:04
In Episode 30, Frank McKenna, Deputy Chair, TD Securities, examines geopolitical issues south of the 49th parallel, starting with Nancy Pelosi's controversial trip to Taiwan and the Chinese Government's reaction. Frank a…
A Three-Foot Putt [not-audio_url] [/not-audio_url]

Duration: 30:43
On Episode 29, we cover a wide range of topics, including the difficulties of air travel, and Canada's reputation for being one of the worst countries for delayed flights. Frank McKenna, Deputy Chair, TD Securities, disc…
War, Inflation and the Supreme Court [not-audio_url] [/not-audio_url]

Duration: 41:41
In this episode, Frank McKenna, Deputy Chair, TD Securities, takes aim at the highly politicized Supreme Court now that the Republicans are holding a supermajority. How will a very right-wing agenda of reforms to climate…
Holding the West Together [not-audio_url] [/not-audio_url]

Duration: 37:53
In Episode 26, Frank McKenna, Deputy Chair, TD Securities, tackles the political implications of long-term inflation. He reminds listeners of the 1970s and 1980s when inflation was the number one ballot issue in Canada.…