Here’s what it will take to fix our economy: Amid a trade war with the U.S. and sliding stocks, economist Jim Stanford has a vision for our economic future

The week before U.S. President Donald Trump’s January inauguration, Christopher White spoke to Stanford about how the administration’s drastic trade and geopolitical decisions will impact our economy and what we need to do to stand on our own. At the time of publication, the United States had imposed 25-percent tariffs on a variety of Canadian goods (but later paused some) and Canada had responded by slapping 25-percent counter-tariffs on $30 billion worth of items from the U.S. This week, the U.S. hit Canada with additional tariffs on steel and aluminum and Canada retorted with more counter-tariffs worth $29.8 billion on American steel and aluminum as well as more U.S. goods.