Situation as of September 1st4:31 p.m. EDT

Trade Status: Storm

Tracking tariffs, countermeasures, and trade actions between Canada and the United States.

Trade disruptionStorm
ClearCrisis

Composite of current industry conditions

Industry conditions

Starting point
Mostly tariff-free
Current measures
25% Section 232 auto
10% global non-CUSMA
50% Section 338
Next risk
50% Section 232 auto/steel threat
CUSMA review — annual until 2036
Canada response
retaliatory tariff
negotiation
Starting point
Mostly tariff-free
Current measures
50% Section 232 metals
10% global non-CUSMA
10% Section 301
Next risk
50% Section 232 auto/steel threat
CUSMA review — annual until 2036
Canada response
retaliatory tariff
ForestryUnsettled
Starting point
~14.54% CVD/AD duties
Current measures
35.16% CVD/AD (2025 review)
10% Section 232 timber
10% global non-CUSMA
10% Section 301
Next risk
CUSMA review — annual until 2036
Canada response
legal challenge
Starting point
Mostly tariff-free
Current measures
10% global non-CUSMA
50% Section 338
10% Section 301
Next risk
CUSMA review — annual until 2036
Canada response
retaliatory tariff
subsidy
EnergyImproving
Starting point
Mostly tariff-free
Current measures
No active measure
Next risk
CUSMA review — annual until 2036
Canada response
diversification

Outlook derived from impact + escalation risk, moderated by adaptability. Click any industry for full detail.