Canada is feeling the pain from Trump's tariffs — but the trade fight didn't start overnight

What happened: U.S. tariffs on roughly $20 billion in Canadian goods remain in place, squeezing Canada's economy and household budgets, though the underlying disputes over dairy and other products predate this fight. Key numbers: Steel exports down about half since tariffs took effect; lumber exports about 20% below 2024 levels; Canadian consumer prices up 3% year over year in August, Why it matters: Analysts say more than 99% of U.S.-Canada trade was duty-free before 2025, and they warn the dispute plus higher energy prices create a "double whammy" for consumers ahead of the midterms. Coverage: 4 outlets in 24h

U.S. tariffs on roughly $20 billion in Canadian goods remain in place, squeezing Canada's economy and household budgets, though the underlying disputes over dairy and other products predate this fight.

Analysts say more than 99% of U.S.-Canada trade was duty-free before 2025, and they warn the dispute plus higher energy prices create a "double whammy" for consumers ahead of the midterms.