
Canadian consumers have initiated a widespread boycott of U.S.-made goods in response to the Trump administration's threat of 50% retaliatory tariffs on Canadian imports.
The trade dispute has severely impacted the automotive sector, with manufacturers reporting a sharp decline in cross-border supply chain efficiency and rising production costs.
Economists warn that if the tariff war continues, the Canadian dollar could face further devaluation, potentially leading to a 2% increase in domestic inflation by the end of the year.