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Originally published by Capital Business
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business
August 25, 2026
1mo ago

How Canada could hit back to hurt the US economy – and Trump

How Canada could hit back to hurt the US economy – and Trump

Canada is the top customer for 26 US states, including Maine, Michigan, and Wisconsin. And it is in the top three for 45 of the 50 American states, suggesting Prime Minister Mark Carney has room to manoeuvre in a trade fight...

✨ Key Highlights

In a burgeoning trade dispute, Canada is exploring economic leverage against the United States, particularly targeting industries vital to several American states.

  • Canada is the top customer for 26 US states and a top three customer for 45 out of 50 states.
  • Canadian Prime Minister Mark Carney is finalizing retaliatory duties on goods like steel, dairy, and electronics.
  • Key leverage points include Canada's significant role in supplying US energy imports and critical minerals like potash.

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Part of the Day's Coverage

KRA Adjusts Trade Rules Amid Regulatory Enforcement - August 2026

The Kenya Revenue Authority increased the minimum customs valuation for a consolidated 40-foot container to Sh3.2 million, a 28 percent rise from the previous Sh2.5 million benchmark, impacting small traders who rely on shared container space. Meanwhile, meat processor Farmers Choice Limited lost a tax appeal after a tribunal ruled it filed its challenge against a KRA tariff decision outside the statutory deadline. Separately, Canada is exploring economic leverage against the United States in a burgeoning trade dispute, particularly targeting industries vital to several American states.

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