World US & Canada Business

US-Canada trade war escalates, border braces

US-Canada trade war escalates, border braces

The US-Canada trade war escalated further as President Trump imposed 50% tariffs on $20 billion worth of Canadian imports and Vice President JD Vance insulted Canada with what critics called a 'Freudian slip,' comparing the ally to a US adversary.

Ontario Premier Doug Ford fired back, calling Trump a 'dictator' and threatening electricity export tariffs.

Prime Minister Mark Carney said he is prepared to resume negotiations when the US demonstrates the 'right attitude.' Treasury Secretary Scott Bessent urged Canada to 'come to the table' as businesses on both sides brace for the economic impact.

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Donald Trump
President of the United States (2017–2021; since 2025)
Mark Carney
24th prime minister of Canada since 2025
Doug Ford
26th premier of Ontario since 2018
JD Vance
Vice president of the United States since 2025
Scott Bessent
United States Secretary of the Treasury