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The Conversation
The Conversation
Xiaodan Pan, Associate Professor, John Molson School of Business, Concordia University

Canada is now in a trade war with the U.S. — here’s what you need to know to prepare for it

United States President Donald Trump has officially imposed 25 per cent tariffs on Canadian and Mexican imports, sending shockwaves through Canadian consumers and businesses.

The decision escalates tensions in an increasingly fragile relationship between the countries, marking a significant shift in North American economic ties.

The unfolding trade war between is expected to have far-reaching consequences for people and businesses on both sides of the border. How can Canadians navigate the trade war and minimize the financial strain of the tariffs?

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