Trump reignites trade wars as Americans’ opinions of tariffs continue to drop


Americans are taking a very dim view of President Trump’s trade wars, with clear majorities telling pollsters they do not support the president’s tariffs and they believe their costs are being driven up as a result.

The contrast with Canadians’ views is stark. North of the border, Canadians appear not just OK with tit-for-tat tariffs, they say they are ready to endure economic pain to make a point.

“Americans have zero interest in picking a fight with Canada,” Eurasia Group founder Ian Bremmer summed up one side, while former Trump Commerce Secretary Wilbur Ross noted that in the north, “Canadians have adopted a very negative attitude toward the US in general.” 

The divergent public moods could be a factor that could help Canada in the months ahead, even though the impact of a trade war would be greater on its smaller economy.

WASHINGTON, DC - AUGUST 27: A map labeling Lake Ontario as "Lake America" is displayed as U.S. President Donald Trump takes a question from a reporter after signing an executive order during an event in the Oval Office of the White House on August 27, 2026 in Washington, DC. President Trump signed an executive order to rename Lake Ontario as "Lake America" amid an ongoing trade war between the U.S. and Canada. (Photo by Andrew Harnik/Getty Images)
Trump speaks to reporters before a map labeling Lake Ontario as “Lake America” during an event in the Oval Office amid an ongoing trade war between the U.S. and Canada. (Andrew Harnik/Getty Images) · Andrew Harnik via Getty Images

About 58.7% of Americans disapprove of Trump’s approach to trade and tariffs, according to the Silver Bulletin, which has analyzed over 20 polls this summer that asked Americans their views on the topic. Just 34.5% approve. 

That’s a jump of over 18 percentage points since the beginning of Trump’s second term, in just one of the economic issues pulling Trump’s approval rating to second-term lows.

Meanwhile, the Trump administration has sent signals that new trade tensions with China could be just around the corner, with potential plans for a new 7.5% tariffs on China under consideration around the issue of overcapacity ahead of a late September meeting planned between Trump and Chinese President Xi Jinping.

Those new tariffs would come on top of what, according to the Yale Budget Lab, is already a 26% effective statutory tariff rate on China.

That could kick off “the next wave” of tariff actions, Raymond James wrote this past week, marking “the next chapter in President Trump’s push to reinstitute and expand on the tariffs struck down by the Supreme Court.”

“Despite midterm and inflation concerns, and growing voter skepticism around tariffs and affordability, we continue to believe the U.S. has not yet reached ‘peak tariff.'” wrote managing director of Washington policy Edward Mills and two colleagues.

A Canadian flag flies along the waterfront of Lake Ontario, in Toronto, Ontario, Canada, on August 27, 2026. US President Donald Trump announced that he is renaming Lake Ontario -- a large body of water shared by the United States and Canada -- "Lake America." Trump signed an order in the White House in a move that comes amid a spiraling trade war between the world's largest economy and its northern neighbor. (Photo by Cole Burston / AFP via Getty Images)
A Canadian flag flies along the waterfront of Lake Ontario, in Toronto on August 27. (Cole Burston / AFP via Getty Images) · COLE BURSTON via Getty Images

The differing public moods come as trade tensions between the US and Canada appear to be heading ever upwards. 

Trump on Thursday signed an order to rename Lake Ontario as ‘Lake America’ while some in Trump’s administration even toyed with the idea of cutting off trade in certain goods to Canada entirely, Semafor reported.

That escalation comes as Trump’s trade approval ratings continue to decline. 

A YouGov survey earlier this month found a large gap, with 64% of Americans registering disapproval of the way Trump is handling the tariff issue and just 30% saying the opposite.

Another recent survey from The Argument, a left-leaning magazine, additionally asked Americans about their view of the effects of tariffs. 62% of respondents said tariffs are having a negative effect on the cost of living.

Canadians, by contrast, seem ready to fight. An Angus Reid Institute poll found that 76% of Canadians say their government “did the right thing” by walking away from the talks, with support at majority levels in every province.

62% of Canadians also said that counter-tariffs in response were “about right under the circumstances.”

TOPSHOT - Canadian Prime Minister Mark Carney speaks at a press conference in Ottawa, Ontario, on August 22, 2026 after trade talks with the US collapsed. Carney said his country could not accept US terms for a trade deal, and would slap retaliatory tariffs on steel and dairy products in response to heavy duties imposed by Washington. "We cannot accept what they've offered, and we will not give what they've asked," Carney said in remarks on the failed negotiations, adding that Ottawa's new trade measures would take effect on September 8. (Photo by Dave Chan / AFP via Getty Images)
Canadian Prime Minister Mark Carney speaks at a press conference in Ottawa on August 22. (Dave Chan / AFP via Getty Images) · DAVE CHAN via Getty Images

The dour public mood among Americans could be amplified by the coming midterm elections.

A handful of states central to Republican hopes in November may be in for outsized impacts from tariffs. Border states like Maine and Michigan have important Senate races underway, while agriculture-heavy states like Iowa and North Carolina could see Canadian markets dry up for their crops.

Canadian Prime Minister Mark Carney has promised to keep up the larger fight as long as needed. He told Canadians in the immediate aftermath of the talks breaking down, “You’re at war when you’re attacked, and we got attacked.”

Ben Werschkul is a Washington correspondent for Yahoo Finance.

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