The Munk Debates Podcast

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.

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.

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?

This special episode features the full Munk Debate on Mainstream Media, held before a live audience of 3,000 at Toronto's Roy Thomson Hall in the fall of 2022.Arguing for the resolution Be it Resolved, don't trust mainstream media, was the associate editor of The Spectator magazine, Fox News contributor, and bestselling author of The War on the West, Douglas Murray. He was be joined by Substack publishing sensation, former Rolling Stone contributing editor, and investigative journalist, Matt Taibbi. Arguing against the motion was the internationally acclaimed author, podcaster and veteran New Yorker staff writer, Malcolm Gladwell. His debate partner was Michelle Goldberg, New York Times columnist, MS Now contributor, former American Prospect senior correspondent and senior writer for The Nation. 

Rudyard and Andrew begin by unpacking the latest escalation in the U.S.–Iran conflict. Andrew argues that Trump cannot simply walk away if he wants to prevent Iran from gaining leverage over the global economy—but where does escalation lead? Will striking power plants and bridges bring him any closer to his objectives? They then examine Trump's latest round of tariffs, including a new 50% tariff on Canadian goods announced this week. What does the global economy look like under the twin pressures of tariffs and war with Iran?In the second half of the show, Rudyard and Andrew turn to a startling development in artificial intelligence: reports that an OpenAI model circumvented its constraints and sabotaged another AI system during testing—without its engineers' knowledge. They argue that this is far more alarming than fears of job displacement, suggesting it reveals that AI companies may no longer fully understand or control their own creations. As AI capabilities accelerate at a breathtaking pace, they ask whether we're approaching a point where the consequences become impossible to predict—or contain.

This special episode features the full Munk Debate on Trump's America, held before a live audience of 3,000 at Toronto's Roy Thomson Hall in May 2025.The debate resolution was: Be it Resolved, this is America's golden ageArguing in favour of the motion was the political consultant, pollster and senior counselor to President Trump during his first term in office, Kellyanne Conway. Her debate partner was the President of the right-wing think tank the Heritage Foundation, and the architect of Project 2025, Kevin Roberts. Arguing against the motion was the New York Times columnist, podcaster, bestselling author, and one of America’s most influential commentators, Ezra Klein. His debate partner was Ben Rhodes, who served as President Obama’s senior advisor and is the co-host of the popular current affairs podcast Pod Save the World.

This special episode features the full Munk Debate on Capitalism, held before a live audience of 3,000 at Toronto's Roy Thomson Hall in November 2019.The debate resolution was: Be it Resolved the capitalist system is broken, it's time to try something differentArguing in favour of the resolution was Katrina vanden Heuvel, publisher of The Nation and a Washington Post columnist. Her debate partner was the economist, academic, author, and former finance minister of Greece Yanis Varoufakis. Arguing against the resolution was Arthur Brooks, Harvard professor and bestselling author of The Conservative Heart: How to Build a Fairer, Happier, and More Prosperous America. He was joined by former New York Times columnist, political commentator, and bestselling author, David Brooks.

What should we make of this week's NATO summit in Ankara? If it doesn't end with the U.S. withdrawing from NATO, should it be considered a success?Meanwhile, the U.S. and Iran resumed strikes just weeks after signing a memorandum of understanding. Andrew argues that Trump was warned about the risks of cutting a deal with Iran. The ceasefire is unraveling because there was never a real agreement—it merely bought a few weeks of respite. Iran now holds the upper hand, and there is no easy way out of this dilemma.In the second half of the show, Rudyard and Andrew turn to Canadian politics, specifically Alberta's announcement of a new pipeline and Meta's investment in a major data centre in the province. Why is Alberta capitalizing on this moment while Central Canada is falling behind? As Ontario and Quebec face a manufacturing exodus to the United States, what extraordinary measures are needed to make Canada a more attractive destination for investment? And does Ottawa have a serious plan to address the challenges facing the country's manufacturing sector?