Canadian American Business Council Publishes New Report On Economic Impacts Of U.S.-Canada Tariff Situation
The report says tariffs have cut cross-border visits and could cost up to 214,000 U.S. jobs if USMCA negotiations collapse.
- On August 10, 2026, the Canadian American Business Council released a report analyzing the economic impacts of US-Canada tariff escalations and potential outcomes of United States-Mexico-Canada Agreement negotiations.
- The Trump administration escalated an 18-month coercion campaign against Canada on July 20, 2026, imposing 50 percent tariffs on roughly $20 billion in imports under Section 338 of the Tariff Act of 1930.
- Research indicates the drop in Canadian visitors cost US border communities between 10,000 and 30,000 leisure and hospitality jobs, with associated earnings losses of $0.5 to $1 billion per year.
- While the Trump administration has refunded businesses about $100 billion in tariffs struck down by the Supreme Court, critics argue these funds are not reaching consumers who paid inflated prices.
- Projections suggest a successful USMCA renegotiation could create 137,000 American jobs, whereas a breakdown would result in 214,000 fewer jobs, underscoring the need for bilateral stability.
21 Articles
21 Articles
From Wine to Hockey Sticks to Cement
The current tariff flinging orangutan in charge of the U.S. just announced 50% tariffs on certain Canadian goods. I have no idea why, and I’m sure he doesn’t either. Maybe he’s confusing Canada with Britain, who just elected a liberal Prime Minister, or with Spain, who just showed the lily-white Argentinian soccer team who’s boss. Payback is a bitch. I’m sure it has something to do with Canada adamantly refusing to become the 51st state of the U…
Canadian American Business Council report examines economic impact of U.S.-Canada tariffs
A new report commissioned by the Canadian American Business Council (CABC) says manufacturing would be among the sectors most affected by changes to the Canada-U.S. trade relationship as the review of the United States-Mexico-Canada Agreement (USMCA) continues. According to the report, Economic Impacts of US-Canada Tariff Escalation Under the USMCA, a successful renegotiation of the trade agreement would result in an additional 98,000 Canadian …
In the face of Washington's tariff offensives since the spring of 2025, Ottawa has so far earned no gain.
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