U.S. automakers and home builders are among the big losers as Trump launches a trade war against Canada

The new 50% tariffs on Canadian goods initiated by Trump's trade war are causing significant headaches for U.S. automakers and home builders, who rely heavily on Canadian imports. While the broader economic impact might be relatively small, these sectors are feeling the pinch immediately, with higher costs for materials and potential price hikes for consumers. This move could spark a ripple effect across the supply chain, affecting everything from car prices to housing costs, highlighting the complexities of international trade and its far-reaching consequences.