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

- URL: https://talkfuse.com/story/canada-is-feeling-the-pain-from-trumps-tariffs-but-the-trade-fight-didnt-start-overnight/
- Published: 2026-10-24T11:00:54+00:00
- Updated: 2026-10-24T12:24:31+00:00
- Original publisher: Fox News (publisher lean: Far right)
- Original article: https://www.foxnews.com/politics/canada-feeling-pain-trumps-tariffs-trade-fight-didnt-start-overnight
- Topics: Americas, Art, Business, Celebrity, Culture, Entertainment, Government, Markets, Politics, World

## Key points

- US tariffs are squeezing Canadian industries and households.
- Steel exports have fallen by roughly half.
- Retaliatory tariffs and energy costs add to price pressures.

## Summary

US tariffs on about $20 billion of Canadian goods are putting pressure on industries and households, with steel, aluminium, lumber and car producers among those affected. The dispute matters because it is disrupting a deeply integrated trading relationship and adding to cost-of-living pressures on both sides of the border.

Canadian steel exports have fallen by roughly half since the tariffs took effect, while lumber exports were about 20% below 2024 levels earlier this year. Prices of goods hit by Canadian retaliatory tariffs rose around 6% more than comparable untaxed products; economists also point to longstanding disputes over Canada’s dairy tariffs and to higher energy costs as pressures on consumers.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.