Canada Moves Into China’s Market as Trump’s Tariffs Shatter the Western Bloc | Paul Krugman

Canada pivots to China as Trump’s 2025 tariffs backfire, shattering Western unity. Paul Krugman breaks down the economic fallout.

In this video, Nobel Prize-winning economist Paul Krugman analyzes the shock move by Canada to open its markets to Chinese goods—specifically EVs—in direct retaliation to President Trump’s aggressive new tariffs. As Washington imposes 25% levies on Canadian and Mexican imports, the "Western Bloc" is showing unprecedented cracks, with Ottawa signaling a historic trade realignment away from the US.

Krugman explains why this isn't just a trade dispute, but a geopolitical rupture that could hand China a massive strategic victory. Is the US inadvertently isolating itself while pushing its closest allies into Beijing’s orbit?

👇 Key Topics Covered:

The Canada Pivot: Why Trudeau is opening the door to Chinese markets.

Tariff Blowback: How Trump's "America First" policy is punishing US consumers and allies.

The "China Shock" 2.0: Krugman’s analysis on who really wins a trade war in 2025.

Western Bloc Collapse: The end of North American trade unity?

🔔 Subscribe for more economic insights and geopolitical analysis

Video Chapters
0:00 - Intro: Canada Defies Washington

1:15 - Trump’s 2025 Tariffs Explained (25% on Canada/Mexico)

3:30 - Paul Krugman: Why Tariffs Are "Throwing Sand in the Gears"

5:45 - The Pivot: Canada Opens Borders to Chinese EVs

8:20 - Shattering the Western Bloc: Geopolitical Consequences

10:50 - Krugman’s Prediction: The Future of the US Dollar & Trade

12:30 - Conclusion: A New Global Order?

#PaulKrugman #TrumpTariffs #CanadaChina #TradeWar2025 #WesternBloc #Geopolitics #EconomicAnalysis #USEconomy #GlobalTrade #ChinaShock #JustinTrudeau #DonaldTrump #Tariffs