January 30, 2025
Donald Trump plans to put 25% tariffs on Canada starting this Saturday, Feb. 1, which could have ripple effects on the US housing market. The US imports more wood from Canada than any other country, and tariffs will raise construction costs in an already tight market where nearly half of Americans can’t afford a home.
After Canada, the US imports most of its wood from China and Mexico – which Trump has also threatened steep tariffs on – as well as Brazil and Germany.
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As America Turns 250, Ian explains why the country's current divisions aren't as unprecedented as they may seem.
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GZERO World with Ian Bremmer is returning to your screens this week, kicking off Season 9 in a summer of sweltering global tensions. The United States is celebrating its 250th birthday, a war has reshaped the Middle East, AI is forcing humanity to confront profound ethical choices, and democracies around the world are bracing for what comes next. Host Ian Bremmer is here to make sense of it all.
The US president still has most of his term left and no shortage of disruptive fervor. But the fallout of the Liberation Day tariffs and the Iran war show that his power is limited – and it will be for the rest of his term.
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Bill Maher says Donald Trump has pushed the limits of presidential power, but America's system of checks and balances is still holding.
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