Canada Bracing for Tariffs, But Energy Spared So Far

August 8, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Canadian energy companies have been spared from the pressure of U.S. tariffs so far, but Prime Minister Mark Carney said the impacts "remain present" in the Canadian economy. New blanket tariffs from U.S. President Donald Trump are in effect, with Canada facing a 35% tariff on goods sent to the U.S. economy. Canada's economy is already impacted by tariffs on aluminum and steel, creating supply-chain pressures for everything from the automotive sector to pipelines.