Is the World Stepping into a New Age of Mercantilism? | The Rundown

Описание: Is the international political economy shifting away from free-trade globalization toward state-directed economic strategies? Then, would a less integrated economy with the U.S. lead to monetary policy changes in Canada?

00:00 — Intro
01:34 — What Is Mercantilism? Definition & Key Concepts
01:56 — Power + Wealth: The Core Mercantilist Worldview
02:39 — Strategic Protectionism vs. Free Trade
02:56 — Tariffs, Subsidies & State Intervention Explained
03:21 — Mercantilism, Imperialism & Historical Traditions
03:48 — Are Today’s Trade Policies Driving a Global Shift?
04:35 — WTO Weakening & the Rise of Neo‑Mercantilist Thinking
05:03 — U.S. Policy Under Trump: Subsidies, Tariffs & National Champions
05:20 — China’s Deep Historical Roots in Mercantilist Thought
06:05 — China’s Interventionist, Export‑Focused Economic Strategy
06:39 — U.S. Protectionism: Temporary or Total Pivot?
07:29 — Consumers vs. Workers: Changing U.S. Economic Priorities
08:10 — Canada–China Tariff Deal: Is This Mercantilism?
09:03 — Why Canada Struggles to Diversify Trade
09:24 — Is Canada Operating in a Neo‑Mercantilist System?
10:27 — Canada’s Long History of Reacting to U.S. Protectionism
10:28 — How Today’s Trade Deals Differ From 1990s Free‑Trade Era
11:00 — Hub‑and‑Spoke Trade Models: U.S. & China Strategies
11:29 — NAFTA, USMCA & U.S. Pressure on Canadian Trade
12:25 — Why Free Trade With the U.S. Was Never Canada’s First Choice
13:19 — McKinley Tariffs & Historic Attempts to Pressure Canada
13:53 — Canada’s Middle‑Power Challenge in a Protectionist World
15:11 — Is Neoliberalism Ending? Return of U.S. Protectionism
16:07 — Could the U.S. Pivot Trigger Global Backlash?
17:12 — Annexation History & Economic Shifts Then vs. Now
17:50 — Limits of Mercantilism: What If Apple Was Forced to Reshore?
18:36 — Does Modern Mercantilism Mean More Global Conflict?
19:25 — Will Trump Pursue Cooperation or Endless Deal‑Making?
19:26 — Drew’s Take: Why He Fears the Second Scenario
20:03 — Closing Thoughts on U.S.–Canada Relations
20:15 — Transition to Monetary Policy Discussion
20:18 — Trump’s Pressure on the Federal Reserve
20:42 — Are U.S. & Canadian Central Banks in Lockstep?
21:22 — When Interest Rates Diverge — and Why
22:01 — Central Bank Independence & Why It Matters
23:06 — Political Incentives for Lower Rates Explained
23:38 — Public Concerns Over Politicizing the Fed
24:02 — Reaction to Nominating Kevin Warsh as Fed Chair
25:01 — Is Warsh a Hawk or Politically Motivated?
25:39 — What His Appointment Could Mean for Markets Worldwide
26:36 — Could Bank of Canada Policy Diverge if Trade Tensions Rise?
27:14 — Why Canada Will Likely Keep Moving With the U.S.
27:28 — Has the Bank of Canada Ever Seen Uncertainty Like This?
28:13 — Why Today’s Economic Landscape Is Unlike Anything Before
28:22 — Final Thoughts & Viewer Feedback Invitation


About The Rundown:

The Rundown is your nightly half-hour deep dive into just one headline. With host Jeyan Jeganathan, we’ll cover everything from housing and health care to climate and AI. We’ll break down why each topic matters, who’s living it, and what’s being done to make things better – starting right here in Ontario. Slow down. Tune in. Make sense of the moment. And tell us what you think.