# Why the US-Canada trade war matters for Asia, especially Vietnam

https://mins.news/en/video/30219

- CNA, 2026-08-24 05:53 UTC
- Economy
- Original: https://www.youtube.com/watch?v=fLh9kmJjLBI

> The Trump administration warned on Aug 23 that Canada would be “foolish” to believe it could prevail in a trade war with the United States, forecasting a “devastating” effect. After Washington-Ottawa talks collapsed, new 50% US tariffs took effect on about US$20 billion in Canadian goods, equal to 5.5% of Canada’s exports to the US.

## Stories

- [Canada US trade and tariff tensions](https://mins.news/en/topic/canada-us-trade-tensions) — Markdown: https://mins.news/en/topic/canada-us-trade-tensions.md

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