Canada is grappling with the repercussions of the tariff war initiated by Donald Trump, which has sent shockwaves through its economy. The imposition of a 25% tariff on Canadian goods and a 10% levy on the energy sector has sparked concerns about inflation and economic instability.

The Trump administration's recent executive order introduces a new ad valorem tariff on imports, sparking concerns about its effects on trade agreements with Canada and Mexico.

Grain Growers of Canada executive director Kyle Larkin says grain farmers in both America and Canada are suffering, and costs can still rise within the next few months.