Will A Democratic Congress Ease U.S. Tariffs On Canada?

Posted on 11/14/2026
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The Blue Wave that swept the U.S. in the 2026 midterm elections could be a boon for Canadian stocks. The newly elected Democrat-controlled Congress is expected to put pressure on Trump to soften or eliminate tariffs imposed by his administration on Canada. The rolling back of those heavy trade taxes stands to benefit the metals, auto parts, and lumber industries, among others, in the Great White North. Liz Napolitano reports.

Chapters:
0:00 Introduction
00:48 Chapter 1 - Canadian tariffs
03:40 Chapter 2 - Border states

Reporter: Liz Napolitano
Produced and Shot by: Romy Tarantino
Edited by: Macklin Fishman, Andrea Miller
Animation: Jason Reginato, Emily Park, Christina Locopo
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images

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Could Democratic Gains Bring Tariff Relief For Canada?