Trump's tariff threats have had a significant impact on the value of the Canadian dollar compared to the US dollar. This situation has led to a decrease in the purchasing power of Canadians, particularly affecting their purchases of products and travel to the United States.
A study conducted by Leger revealed that about three quarters of the Canadian population supports the idea that the country's government should impose tariffs on American products if Trump proceeds with his trade policies. According to the same survey, 77% of Canadians have an unfavorable opinion of Trump, while only 14% hold a favorable opinion.
This situation has generated a sense of patriotism in Canada, with citizens sharing lists of national products, canceling or postponing trips to the United States, and expressing their discontent during sporting events by booing the US national anthem.
One of the most relevant economic consequences would be detrimental to both parties: Canada is one of the largest buyers of American products, and in turn, the United States is Canada's main export market.
As a result of Trump's threats, many Canadian consumers have changed their shopping habits: they have stopped purchasing products made in the US and reduced their purchases on Amazon. According to the Leger Marketing survey, two-thirds of respondents stated they had bought fewer American products in stores in recent weeks, and 55% had decreased their purchases on Amazon.
Trump has caused outrage in Canada with his threats to employ "economic force," including tariffs, against the country. Furthermore, his suggestions that Canada should become a state of the US have generated discomfort among the population.
Although the Leger survey showed that the vast majority of Canadians are concerned about Trump's trade policies and the impact they could have on the country's economy, there still exists a significant percentage that is not well-informed about the situation or does not have a clear opinion on it.
