The Greenland Trade War That Almost Was, China-Canada Détente, and Pharma Deals

The Trade Guys discuss the potential implications of delaying a Supreme Court decision on tariffs, focusing on the balance of power between the legislative and executive branches. They also analyze President Trump's threat of tariffs on European countries related to Greenland, with Scott Miller arguing it was a strategic move to secure access to rare earth elements and reinforce NATO's role in Arctic defense. Bill Reinsch views it as more of a disruptive tactic that undermines trust in US agreements. Additionally, the podcast examines Canada's trade diversification efforts with China, including tariff reductions on electric vehicles and canola, and touches on the EU-Mercosur deal. Finally, they explore the unintended consequences of lowering US drug prices, noting the likelihood of increased prices in Europe.