August 29, 2026
President Donald Trump has issued an executive order attempting to rename Lake Ontario to "Lake America," a move that follows the breakdown of trade negotiations between the United States and Canada. The renaming effort comes in the context of escalating trade tensions, with the US imposing substantial 50% tariffs on approximately $20 billion worth of Canadian imports. In response to these American tariffs, Canada has announced plans to implement equivalent retaliatory tariffs on a dollar-for-dollar basis starting next month.
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Read full article from source: BBC