How Americans Will Pay For Trump's Canadian Tariffs

President Donald Trump imposed a blanket 25% tariff on Canadian imports, with some exceptions such as energy, sparking a back and forth between the countries with retaliatory tariffs. The dispute raises concerns over long-term stability between their trading partnership. Watch the video above to learn more about how this trade dispute will impact consumers and what this could mean for the future relationship of the two countries. Chapters: 0:00 Introduction 1:58 Why launch a trade war with Canada? 5:38 The cost to consumers 7:41 Cost to the global economy Produced by: Charlotte Morabito Edited by: Andrea Miller Animation: Jason Reginato Archival Support: Kyle Kinder, Austin Fimmano, Alana Cooley, Doris Breitfeller Senior Director: Lindsey Jacobson, Jeniece Pettitt Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn some extra money on the side? Take CNBC’s new online course How to Start a Side Hustle to learn tips to get started and strategies for success from top side hustle experts. Pre-register now and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through April 1, 2025: https://cnb.cx/4gPqi2y Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Americans Will Pay For Trump's Canadian Tariffs