Canada

The Cost of Tariffs on a Former Ally: Trump’s Trade War with Canada

The Cost of Tariffs on a Former Ally: Trump’s Trade War with Canada

Trump’s trade war with Canada is becoming increasingly serious, raising concerns not only about the economic costs of President Donald Trump’s tariff policy but also about the damage it could do to one of America’s closest allies. Early this week, Trump imposed new tariffs on a range of Canadian goods, and Canada responded with retaliatory measures of its own. Negotiations between the two countries have also reached an impasse, increasing the risk of further escalation. The dispute is particularly significant because Canada is not a strategic rival of the United States. It is one of Washington’s closest political, economic and…
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