Trump, Canada
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House minority leader says decision by two Democrats to advance resolution condemning socialism ‘represents significant breach of trust’
WASHINGTON — The U.S. and Canada have ramped up their trade war , hitting each other with steep new tit-for-tat tariffs. Despite the bravado coming from both sides of the border, though, analysts suspect the longtime allies will eventually strike a deal to end a conflict neither really wants.
When the U.S.-Canada trade war erupted, the market repriced metals and materials stocks and ETFs, but longer-term investors should be wary.
U.S. manufacturers remain heavily dependent on Canadian aluminum, which supplied 60% of U.S. unwrought aluminum imports in the first half of 2026.
After days of trading insults with President Donald Trump, Ontario Premier Doug Ford said it was vital for the American and Canadian economies that the countries strike a trade deal.
The treasury secretary practically laughed at the idea that America’s northern neighbor was an equal opponent during a Monday interview.
Canada trade war, some Canadians are protesting by shopping locally. They're navigating higher prices, "maple-washing," and dupes.