‘I don’t want Canadian anything’: Trump ramps up trade war with America’s neighbor — here’s what it may cost US families
President Donald Trump has escalated his trade war against Canada, questioning why the U.S. should subsidize its northern neighbor. In an August 31 interview with Fox News host Trey Gowdy, Trump claimed Canada has been ripping the U.S. off by $60 billion annually and accused the country of acting as a state within the nation. The escalating tensions came as the White House imposed new 50% tariffs on $20 billion worth of Canadian imports, which Canada responded to with retaliatory tariffs on $20 billion worth of U.S. imports.
Trump further threatened to impose 50% tariffs on Canadian cars and parts beginning in January, potentially disrupting intertwined auto industries. The feud also extended to renaming Lake Ontario to "Lake America" in federal U.S. usage. While Trump insists the U.S. can source goods elsewhere, American households may face higher prices as retaliatory tariffs impact hundreds of American products and disrupt supply chains.
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