BREAKING: Trump Changes Canada Tariffs — Major Trade War Twist

On October 23, 2026, President Trump signed a proclamation modifying which Canadian products face 50% Section 338 tariffs, removing items like plywood, packaging and some machinery, while adding about 100 new tariff lines, effective October 30. The same day he said Canada is “working very hard” to make a deal and the U.S. has “all the cards.” In this video we break down what changed, who wins and loses, why now, and what Canada is doing in response. ⏱ Chapters (approximate, adjust after recording) 0:00 The reshuffle 2:40 How we got here 5:20 What the proclamation says 8:00 The lists: what’s out, what’s in 10:40 Who wins and who loses 13:20 Why now? 16:00 “We have all the cards” 18:40 Carney’s response 21:20 What businesses should check 24:00 What to watch next 📚 Sources: The White House, Reuters, The Globe and Mail, CTV/CP24, Hashtag Investing, Troutman Pepper Locke, Dentons and others. Links in the pinned comment. 📌 Based on reporting available on October 23, 2026. Product lists are summarized; check the official annex for tariff codes. Not legal or financial advice. 👍 Like, subscribe and comment: is this a softening or just a reshuffle? #Trump #Canada #Tariffs #TradeWar