Canada trade war tariffs may raise toilet paper prices for Americans

Canada's retaliatory tariffs, effective September 8, include a 25% tariff on toilet paper, potentially raising costs for American consumers amid the ongoing U.S.-Canada trade war. The tariff list covers nearly 900 American goods, including paper products. U.S. manufacturers like Procter & Gamble rely on Canadian lumber, facing double costs from import tariffs and reduced Canadian sales. In 2024, the U.S. imported $328 million of toilet paper from Canada. Trade negotiations collapsed last week after President Trump imposed 50% tariffs on Canadian goods. Canada will double counter-tariffs on steel and aluminum to 50%, affecting over $20 billion in goods. Trump threatened to rename Lake Ontario, while Ontario Premier Doug Ford urged renegotiation.