Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Diane Brady

The U.S. is unlikely to win its 'dumb trade war' with Canada. Here's why

Donald Trump Canada Mark Carney Fortune United States America
(Credit: Dave Chan—AFP via Getty Images)
  • In today’s CEO Daily: The U.S. imposes 50% tariffs on a wide range of Canadian imports
  • The big leadership story: ‘Dads’ and ‘duds’
  • The markets: Asia markets are down with big drops by Alibaba and Samsung
  • Plus: All the news and watercooler chat from Fortune .

Good morning. America’s trade war against its closest ally has escalated again, with the Trump administration invoking section 338 of a notorious 1930 law to impose 50% tariffs on a wide range of Canadian imports. The sticking points were both economic and cultural, with Quebec’s French-language laws even coming under attack. Canadian Prime Minister Mark Carney is being praised for his response while Trump was criticized, even by members of his own party. This is not a war that America, or American business, is likely to win. Here’s why.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Washington family’s Victorian doll Michael and its eerie dinner tradition
A Victorian doll named Michael occupies a unique place in Washington, DC’s history, not simply as an antique kept in a museum but as part of a family tradition shaped by superstition, grief and spiritualism. Displayed at the Heurich House Museum , Michael was reportedly seated at the dinner table…
The Times of India
The Times of India
Christian group tries to preach to women at Texas Roadhouse; the women respond with their own kind of blessing, leading to police intervention
They certainly weren't expecting that.
We Got This Covered
We Got This Covered
SNL stars and alum weigh in on Shane Gillis’ sexist monologue
Gillis’s comments on the late night sketch comedy show have sparked intense backlash
The Independent UK
The Independent UK
Claude Lalanne’s bronze monkey armchair with ostrich leather seat sold for $1.079 million
Sotheby’s auction in December 2025 saw the sale of a remarkable gilt-bronze armchair by Claude Lalanne, which captured attention with its elaborate vines and monkey embellishments. This particular design, created in 1998, was the pioneer among Lalanne’s 'Singerie' armchairs to attract a successful sale. The high demand for Lalanne's artistry…
The Times of India
The Times of India
Jimmy Kimmel on Trump’s Nobel prize ‘snub’: ‘Thanks a lot, Norway. You made our baby cry’
The host discussed being called a ‘loser’ by Trump and the appointment of the new White House press secretary
The Guardian - US
The Guardian - US
5 Coffee Creamers That Add More Sugar Than You May Realize
Coffee creamer can make a morning cup taste like a coffeehouse treat, but a little splash can add more sugar than you might expect. Many popular flavored creamers contain around 5 grams of sugar per tablespoon, even when their sweetness doesn’t seem especially strong. The serving size is also smaller…
Grocery Coupon Guide
Grocery Coupon Guide
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play