Canada, trade war
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New U.S.-Canada tariffs hit some brands hard and skip most. The difference isn't your company's flag, it's where your goods are made and which border they cross.
The U.S.-Canada trade dispute and the descent into a retaliatory tariff blitz complicated the job for the Bank of Canada in its Wednesday decision.
After trade talks between the countries fell apart last month, the Trump administration and Canada's leaders have rolled out new tariffs on everything from dairy products to machinery. Experts say farmers will likely feel the squeeze on both ends.
Canadian government officials said they are also providing aid for workers and businesses that could be hurt by U.S.-imposed tariffs.
A tariff fight with Canada is pushing tissue prices higher, echoing the shortage scare that preceded his 2020 election loss.
Oil Price US on MSN
Canada Tariffs Deepen North America's Steel and Aluminum Squeeze
U.S. manufacturers remain heavily dependent on Canadian aluminum, which supplied 60% of U.S. unwrought aluminum imports in the first half of 2026.
Canadian officials said the tariffs set to be imposed on more than 800 U.S. imports are "strategic" and designed to target some states.
Some US manufacturers are exploring Canadian production to cut costs, but tariff data shows the dominant trend is Canadian firms relocating