Trump's New Canada Tariffs Threaten US Businesses and Consumers

US President Donald Trump imposed new 50 percent tariffs on Canadian goods, including hockey sticks, furniture, and dairy products, affecting approximately $20 billion in trade. Canada has announced retaliatory measures, escalating tensions between the two nations. The Business Roundtable, representing major US companies, warned the tariffs could raise costs for American businesses and families while disrupting supply chains. Canadian small business groups report 40 percent of small exporters face direct impacts, with many expecting significant revenue losses. Trump aims to protect US economic interests and reduce trade deficits, but experts caution the resulting trade war may ultimately harm consumers and businesses on both sides of the border.