The Open Outcry: One Big, Beautiful Podcast that Unpacks Trump’s ‘One, Big Beautiful’ Tax Bill

U.S. House Republican tax legislation backed by President Trump holds potentially significant implications for foreign investors, including Canadians. Bipan Rai sits down with Chris Krueger, Managing Director with TD Cowen’s Washington Research Group to pore over the details, and discuss the potential market impact. This podcast was recorded live on May 27, 2025.

Show link (Spotify): ⁠⁠⁠⁠https://open.spotify.com/show/54bsOfP7M4a6IMujUzRyBK⁠⁠⁠⁠

Show link (Apple Podcasts): ⁠⁠⁠https://podcasts.apple.com/us/podcast/the-open-outcry/id1804618898⁠⁠

Show link (Amazon Music): ⁠⁠⁠https://music.amazon.ca/podcasts/baf10f04-ec7f-4961-8eba-6a23043f4dd4/the-open-outcry⁠

i) TCJA: The first Trump Administration's Tax Cuts and Jobs Act. TCJA tax cuts are set to expire at the end of 2025.

ii) USMCA: United States-Mexico-Canada Agreement on trade, implemented July 1, 2020.

iii) Capex or CapEx: Capital Expenditures which is spending on capital projects, systems or equipment.

iv) IRA green energy credits: Inflation Reduction Act's green energy credits. v) Supply Side Theory: An economic theory that states that economic growth can be achieved by increasing the total, or aggregate, supply of goods and services within an economy.

v) Debt Limit: Also called the Debt Ceiling, is the maximum amount of money that the U.S. Treasury can borrow to pay its obligations.

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