Five charts reveal the cost of the US–Canada tariff clash

1 min read
Source: BBC
Five charts reveal the cost of the US–Canada tariff clash
Photo: BBC
TL;DR Summary

The US–Canada tariff fight has intensified, with the US's latest 50% levy on about C$28bn of Canadian goods prompting Canada’s dollar-for-dollar retaliation. Ontario is hardest hit in Canada, with auto and steel jobs at risk; Quebec’s metal sector also declined. In the US, swing states such as Ohio, Illinois and Pennsylvania face tariff exposure. The average US tariff on Canada has jumped to about 5.7%. Canada is pushing to diversify exports beyond the US and attract investment, while both economies could face job losses and higher prices if the dispute persists.

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