Victor Davis Hanson
October 29, 2026
We’re into five or six months now of the Canadian-American trade wars.
It’s kind of Orwellian in the sense that the dispute only involved about 2% of the half-trillion dollars of trade that goes back and forth across our northern border.
And because Canada has been running up a $50 billion to $60 billion annual trade surplus, and that’s not the greatest contributor to our trillion-dollar—prior trillion-dollar—trade deficit, you would think that they would make a gesture, just say, “We’re going to lift the 250% tariff over a certain level on American dairy, cheese, etc., and maybe we’ll just go down from about $50 billion or $60 billion in surplus, just for appearances, optics, to maybe $20 billion.” And they could solve it.
Instead, Prime Minister Mark Carney has taken this trade dispute and used it for his political future, his political career. He basically was given somewhat of a vote of confidence in Quebec and Alberta.
That was the point. He got elected by drumming up this hatred of Donald Trump, and I’ll be candid, of the United States. But here’s what’s really strange. He’s now posed, as I said earlier, as a leader of the middle nations.
So get this: He has 75% of his trade with the United States, with almost no transportation cost, and over a small dispute over agricultural products that at most might cost Canada $10 billion or $20 billion of its huge trade surplus, he’s really destroying the entire American-Canadian relationship.
And here’s what he’s doing, and everybody thinks it’s because of Donald Trump’s crudity, his bombast, but this is more existential. He’s doing three things…
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