{"id":80418,"date":"2026-10-24T07:54:56","date_gmt":"2026-10-24T12:54:56","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/10\/24\/canada-is-feeling-the-pain-from-trumps-tariffs-but-the-trade-fight-didnt-start-overnight\/"},"modified":"2026-10-24T07:54:56","modified_gmt":"2026-10-24T12:54:56","slug":"canada-is-feeling-the-pain-from-trumps-tariffs-but-the-trade-fight-didnt-start-overnight","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/10\/24\/canada-is-feeling-the-pain-from-trumps-tariffs-but-the-trade-fight-didnt-start-overnight\/","title":{"rendered":"Canada is feeling the pain from Trump&#8217;s tariffs \u2014 but the trade fight didn&#8217;t start overnight"},"content":{"rendered":"<p>President Donald Trump&#8217;s escalating <a href=\"https:\/\/www.foxnews.com\/politics\/trump-expanded-tariff-playbook-powerful-trade-weapon-no-president-used\" target=\"_blank\" rel=\"noopener noreferrer\">trade fight with Canada<\/a> is squeezing the economy north of the border, threatening jobs and adding to families&#8217; financial strain as steep U.S. tariffs on roughly $20 billion in goods remain in place.<\/p>\n<p>U.S. tariffs have hammered the country&#8217;s steel, aluminum, lumber and automobile producers that depend heavily on the American market. Steel exports have fallen by roughly half since the tariffs took effect, while lumber exports were about 20% below 2024 levels earlier this year, <a href=\"https:\/\/www.bankofcanada.ca\/2026\/05\/sparks-at-bank-article-2026-13\/\" target=\"_blank\" rel=\"noopener noreferrer\">according to the Bank of Canada<\/a>. Production and jobs have also declined in some of the hardest-hit industries.<\/p>\n<p>Canadian families are feeling the squeeze, too. Consumer prices were 3% higher in August than a year earlier, with grocery prices up 2.8% and transportation costs jumping 7.5%, <a href=\"https:\/\/www150.statcan.gc.ca\/n1\/daily-quotidien\/260914\/dq260914a-eng.htm\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">according to the government&#8217;s own data<\/a>.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/must-win-midterm-state-real-loser-trumps-canada-trade-war\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>A MUST-WIN MIDTERM STATE IS THE REAL LOSER OF TRUMP&#8217;S CANADA TRADE WAR<\/strong><\/a><\/p>\n<p>Retaliatory tariffs on American products have also added to those costs.<\/p>\n<p>Prices of affected goods, which includes groceries, household products, furniture, electronics and appliances, rose roughly 6% more than comparable products that were not hit by the tariffs, according to the country&#8217;s central bank.<\/p>\n<p>But while Canada is feeling the economic pain, the disputes driving Trump&#8217;s trade fight are not new.<\/p>\n<p>&#8220;The Trump administration is complaining about dairy access and, generally speaking, those complaints are completely valid,&#8221; David Clement, North American affairs manager at the Consumer Choice Center, told Fox News Digital.<\/p>\n<p>&#8220;Canada has exorbitant tariffs on imports from the United States and really from everywhere around the world when it comes to chicken, turkey, eggs, cheese and milk,&#8221; Clement said.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/overlooked-way-iran-war-making-groceries-amazon-packages-new-homes-expensive\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>THE OVERLOOKED WAY THE IRAN WAR IS MAKING GROCERIES, AMAZON PACKAGES AND NEW HOMES MORE EXPENSIVE<\/strong><\/a><\/p>\n<p>Clement noted, however, that differences between American and European access to Canada&#8217;s market reflect terms negotiated under separate trade agreements, including the USMCA struck during Trump&#8217;s first term.<\/p>\n<p>But dairy represents just a fraction of the broader U.S.-Canada trading relationship.<\/p>\n<p>Scott Lincicome, vice president of general economics at the Cato Institute and the Herbert A. Stiefel Center for Trade Policy Studies, said more than 99% of U.S.-Canada trade was duty-free before 2025, with negotiators historically willing to tolerate disputes over politically sensitive products like dairy to preserve the broader relationship.<\/p>\n<p>&#8220;The Trump administration has so far refused to make the deal,&#8221; he said.<\/p>\n<p>Lincicome said free trade in products including fertilizer, energy and lumber helps keep costs down for American farmers, homebuilders and consumers.<\/p>\n<p>With the <a href=\"https:\/\/www.foxbusiness.com\/politics\/trumps-canada-trade-war-entering-dangerous-new-phase-battleground-states\" target=\"_blank\" rel=\"noopener noreferrer\">midterm elections<\/a> just weeks away and the cost of living in focus, the trade dispute is unfolding as higher energy prices add another layer of pressure on consumers.<\/p>\n<p>Lincicome called the combination a &#8220;double whammy.&#8221;<\/p>\n<p>&#8220;First you had the tariffs which increased the prices of a lot of products. And then you had energy prices spike because of the Iran war,&#8221; he said.<\/p>\n<p>Higher <a href=\"https:\/\/www.foxbusiness.com\/politics\/diesel-tops-6-fuel-shock-threatens-truckers-farmers-consumers\" target=\"_blank\" rel=\"noopener noreferrer\">diesel prices<\/a> can ripple through the economy because they fuel tractors, trucks and trains, Lincicome said, acting &#8220;as kind of another tariff&#8221; by raising the cost of getting products to consumers.<\/p>\n<p>Despite the escalating tensions, Clement cautioned against allowing the dispute to undermine the broader relationship.<\/p>\n<p>&#8220;The partnership between Canada and the United States is one of the greatest trading relationships the world has ever known,&#8221; he said. &#8220;That should be embraced. It should be enhanced, and it shouldn&#8217;t be torn down by either side.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump&#8217;s escalating trade fight with Canada is squeezing the economy north of the border, threatening jobs and adding to families&#8217; financial strain as steep U.S. tariffs on roughly $20 billion in goods remain in place. U.S. tariffs have hammered the country&#8217;s steel, aluminum, lumber and automobile producers that depend heavily on the American &#8230; <a title=\"Canada is feeling the pain from Trump&#8217;s tariffs \u2014 but the trade fight didn&#8217;t start overnight\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/10\/24\/canada-is-feeling-the-pain-from-trumps-tariffs-but-the-trade-fight-didnt-start-overnight\/\" aria-label=\"Read more about Canada is feeling the pain from Trump&#8217;s tariffs \u2014 but the trade fight didn&#8217;t start overnight\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-80418","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/80418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=80418"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/80418\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=80418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=80418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=80418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}