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Canada's $28 Billion Tariff Battle: What the Escalating US Trade War Means for Investors

The figure lands with a thud: C$28 billion. It has become shorthand for Canada's retaliation in aTrade Warthat reignited over the final week of August, and like most big round numbers it obscures as much as it reveals. The sum is not a tax …

Ankur Sharma | 25 August 2026

Canada Fights Back: The Industries Caught in Trump's New 50% Tariff Storm

When Canada-U.S. trade talks collapsed on Saturday, 22 August, the damage was not confined to a single boardroom or a single industry. Washington's decision to impose a 50 per centTariffon roughly US$20-billion of Canadian goods, invoking the rarely used Section 338 of the Tariff …

Ankur Sharma | 25 August 2026

Could Canada Triple Energy Costs for the US? The Trade-War Threat Shaking Markets

It is the kind of line that travels fast: Canada, sitting on the taps that feed American refineries, power grids and gas networks, could triple U.S. energy costs and bring its neighbour to heel. The dependence is real enough to make the threat sound …

Ankur Sharma | 25 August 2026

Canada Strikes Back: The Trade War With America Just Entered a Dangerous New Phase

Something shifted on Saturday, 22 August, that will be hard to reverse. After weeks of negotiation, trade talks between Canada and the United States collapsed, and within hours Washington imposed 50 per cent tariffs on roughly US$20 billion worth of Canadian goods — about …

Ankur Sharma | 25 August 2026

Canada vs US: Why the New Tariff War Could Shake North America's Economy

It is tempting to read the Canada–U.S. tariff war as a contest with a clear winner and a clear loser. The reality is more uncomfortable: across large stretches of their economies, the two countries function as a single integrated machine. A car assembled in …

Ankur Sharma | 25 August 2026

Trump Hits Canada With 50% Tariffs — Carney Vows to Fight Back Dollar for Dollar

TheTariffDonald Trump promised for months arrived on a Saturday. On 22 August, hours after trade negotiations between Ottawa and Washington collapsed, the United States imposed a 50% duty on roughly US$20-billion of Canadian goods — everything from hockey sticks and whisky to smartphones, furniture …

Ankur Sharma | 25 August 2026

Canada's Energy Weapon: Could Oil, Uranium and Electricity Turn the Tables on Washington?

When trade talks between Ottawa and Washington collapsed on August 22, and the United States imposed 50 per cent tariffs on roughly US$20-billion of Canadian goods, an old idea resurfaced with fresh urgency. If the Americans will punish Canadian exporters, why should Canada not …

Ankur Sharma | 25 August 2026

Canada Draws the Line: Carney Rejects US Pressure as Trade War Explodes

For months, Mark Carney had counselled patience. Canada's approach to Donald Trump'sTariffthreats, the Prime Minister insisted, would be "pragmatic, patient, and persistent" — a deliberate contrast to the combative posture some provincial leaders demanded. Then, on the weekend of 22 August, patience ran out. …

Ankur Sharma | 25 August 2026

America Needs Canada More Than It Thinks: The Energy Leverage Ottawa Could Unleash

“We don’t need Canada,” US President Donald Trump declared as trade talks collapsed and his administration imposed 50 per cent tariffs on some US$20-billion of Canadian goods. On energy, at least, the claim collides with the plumbing of the American economy. In 2025, Canada …

Ankur Sharma | 25 August 2026

Why Is the Automotive Industry the Biggest Test of Mark Carney’s Trade Strategy?

Canada's automotive sector has become one of the most important pressure points in the country's negotiations with the United States as the August 19 tariff deadline approaches.

Ankur Sharma | 18 August 2026
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