Taking Stock: Bad blood, bad neighbours and the return of Elizabeth Holmes

Mark Carney and Donald Trump go tit-for-tat as the list of goods subject to tariffs between the US and Canada continues to grow. But will higher import taxes on products crossing the border make cost-of-living pressures even worse for Canadians and Americans? Takara Small in Toronto and Andy Uhler in Austin join Will Bain to discuss the highlights and lowlights of the week's business news, including the much-hyped launch of Apple's first foldable smartphone and the return, at least in cinemas, of convicted fraudster Elizabeth Holmes.

Presenter: Will Bain

Producer: Josh Martin

(US President Donald Trump speaks with Canadian Prime Minister Mark Carney at a working lunch with leaders of G7 and the Middle East, in Evian-les-Bains, France, June 16, 2026. REUTERS/Evelyn Hockstein/Pool/File Photo)