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Markets

US-Canada Trade War Threatens Higher Toilet Paper Prices

Published 28 August 2026

A full-scale trade conflict between the United States and Canada is threatening to raise prices on everyday household essentials, particularly toilet paper, after trade talks collapsed last week. The dispute has escalated into a broad tariff war, with both nations imposing significant duties on a wide range of goods, disrupting longstanding commercial ties. The immediate trigger was the breakdown of negotiations last Friday, after which President Donald Trump imposed a 50 percent tariff on approximately $20 billion worth of Canadian imports, including wine, cement, plywood, and clothing. Canadian Prime Minister Mark Carney responded by vowing to match U.S. tariffs dollar for dollar.

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