IT IS DISHEARTENING THAT 
Trump’s tariffs and his protectionist 
approach to trade with countries around 
the globe have caused such uncertainty 
about what to expect next from the 
world’s largest economy. Trump’s first 
year in office has been described as a 
“disaster” for both U.S. trading partners 
THE INTERNATIONAL IMPACT ON CANADIAN CONSTRUCTION
and the American people. A recent poll by 
the Associated Press “found that about 
four in 10 U.S. adults approve of Trump’s 
performance as president. That’s virtually 
By Warren Heeley
BUILDERSDIGEST   Quarter 1  2026   31
THE CANADIAN ECONOMY AND CONSTRUCTION PART 3
TARIFFS, TRADE 
TARIFFS, TRADE 
AGREEMENTS AND 
AGREEMENTS AND 
CARNEY’S MOVES
CARNEY’S MOVES

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