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How the US-Canada Trade War Could Affect Consumers, Farmers, Businesses

Small businesses warn the tariffs will raise prices on lumber, screws and other goods, with some products already up 20% and wire costs doubling.

  • On Tuesday, Canada struck back at the Trump administration with retaliatory tariffs on about $20 billion worth of American goods, following President Donald Trump's 50% levies on Canadian products that took effect over the weekend.
  • Beginning Sept. 8, Canada is threatening further tariffs ranging from 15% to 50% on more than 700 American goods to match the U.S. measures, as the trade dispute continues to intensify.
  • Hardware store owner Jesse Brager warned that rising costs are inevitable, stating, "As soon as tariffs hit, our products go up," while consumers face uncertainty regarding construction and retail prices.
  • Indigenous leaders, including Dallas Smith, president of the Nanwakolas Council, report the new tariffs are "hammering our plywood industry," as First Nations partners on Vancouver Island fear long-term damage to forestry investments.
  • Defending the administration's tactics, U.S. Agriculture Secretary Brooke Rollins said farmers will ultimately benefit, though Ontario Premier Doug Ford threatened to restrict energy and mineral exports if the dispute worsens.
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How the US-Canada trade war could affect consumers, farmers, businesses

An escalating trade war between the US and Canada risks raising costs on both sides of the border.

·Florida, United States
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abc 6 Philadelphia broke the news in Philadelphia, United States on Tuesday, August 25, 2026.
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