Why and how US and Canadian energy markets are so deeply intertwined

Why and how US and Canadian energy markets are so deeply intertwined

The U.S. and Canadian economies are closely linked, especially around energy. J Studios/DigitalVision via Getty ImagesThe 50% tariffs imposed by President Donald Trump’s administration on imports from Canada in July 2026, and the reciprocal 50% tariffs imposed by Prime Minister Mark Carney’s administration on imports to Canada from the U.S. a month later, do not include oil and natural gas. Electricity and some petroleum products were also left …

Why and how US and Canadian energy markets are so deeply intertwined

by Stefano Tijerina, University of Maine, [This article first appeared in The Conversation, republished with permission] The 50% tariffs imposed by President Donald Trump’s administration on imports from Canada in...