The Munk Debates Podcast

August 19 is fast approaching, and despite efforts to reach a deal, there is a real possibility that negotiations could collapse altogether. Do Canadian concessions actually reduce threats from Trump, or simply invite more demands? And if Trump agrees to a deal, will he renege later and demand more? Andrew argues that “ragging the puck”—stretching negotiations out as long as possible—may be Canada’s best strategy. The discussion also turns to Canada’s dairy subsidy and protection system: does protecting domestic dairy producers actually serve Canadian farmers, when it leaves Canadian consumers paying up to twice as much for dairy products?

In the second half of the show, Rudyard and Andrew turn to the continuing standoff over the Strait of Hormuz. How long can the crisis last? The United States appears trapped in a conflict it cannot easily walk away from. Iran is now the side issuing demands, while making a mockery of Trump’s threats and exposing the limits of American power. The damage isn’t just military—it has undermined the credibility of U.S. threats and security guarantees to its allies, which may prove even more consequential.

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This special episode features the Munk Debate on the Gene Editing, held before a live audience of 800 students and faculty at Deerfield Academy in April 2026.

Arguing in favour of the motion was the biophysicist, best-selling author, biotechnology entrepreneur, and the former director of the Program on Medicine, Technology and Society at UCLA School of Medicine, Gregory Stock. His debate partner was the internationally acclaimed strategic philosopher and pioneering transhumanist Max More.

Arguing against the motion was the prominent American bioethicist Ezekiel Emanuel, Special Advisor to the Director General of the WHO and a former founding chair of the Department of Bioethics at the NIH. His debate partner wass the award-winning educator, author, and Professor of Reproductive Science at University College London, Joyce Harper.
Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up.
Hosted on Acast. See acast.com/privacy for more information.

What is the point of negotiating with Donald Trump when experience suggests that agreements may not be binding, concessions may not be reciprocal, and terms may not be honoured? Reports now suggest the Canadian government is preparing to make significant concessions, including allowing more American dairy into the Canadian market. But in this climate, and with this president, any Canadian concession should come with a concession of equal value from Washington. So what exactly is Ottawa’s strategy? Are its conflicting signals a deliberate effort at strategic ambiguity—or evidence that the government itself is divided? And how might Trump’s negotiating posture change if Republicans lose the U.S. midterms in November and he becomes a lame-duck president?

In the second half of the show, Rudyard and Andrew turn to the emerging Oman-Iran agreement over control of the Strait of Hormuz, asking whether it signals a retreat from freedom of navigation and another step in the decline of American power abroad. They argue that Trump fundamentally misunderstood the Iranian regime he was confronting and the retaliatory tools at its disposal. The result, they contend, is more than a strategic defeat: it is a humiliation for the United States.

Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up.
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This special episode features the full Munk Debate on the Crisis of Liberalism, held before a live audience of 3,000 at Toronto's Roy Thomson Hall in November 2023.

Arguing for the motion was the controversial British M.P. and former cabinet minister, Jacob Rees-Mogg. He was joined by the American writer and columnist who has shaped a generation’s thinking on the important issues of our time: George F. Will.

Opposing the motion was U.K. journalist, self-avowed communist and popular leftist thinker, Ash Sarkar. Her debating partner was the disruptive and thought-provoking American social conservative, Sohrab Ahmari, author of the bestseller Tyranny Inc.: How Private Power Crushed American Liberty.
Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up.
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Andrew and Rudyard open the show by examining the competing priorities confronting Prime Minister Carney's government. On one hand is the immediate geopolitical imperative: reducing Canada's dependence on a U.S. trading partner that President Trump has shown a willingness to weaponize, making export diversification an urgent national priority. On the other is the growing threat of climate change, underscored by devastating wildfires in Canada and across Europe. Carney appears to have concluded that geopolitical security must come first, pushing climate policy down the agenda. But can he do so without alienating a significant portion of the Liberal coalition, for whom climate action remains a defining issue?

In the second half of the show, Andrew and Rudyard turn to new U.S. Federal Reserve Chair Kevin Warsh's first significant decision: keeping interest rates unchanged for a seventh consecutive month. Markets reacted sharply, with investors selling off 30-year Treasury bonds and pushing yields to a 19-year high. While former Fed Chair Jerome Powell won praise for defending the Fed's independence in the face of pressure from President Trump, Warsh's decision has reinforced critics' fears that he is too closely aligned with the White House. Has the Federal Reserve begun to sacrifice its independence—or is Wall Street overreacting?
Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up.
Hosted on Acast. See acast.com/privacy for more information.