Economy and Finance: U.S. Tariffs

February 21, 2025

From February 14 to 17, 2025, we surveyed Canadians and Americans on the economy, personal finances, and the proposed U.S. tariffs.

Some of the key highlights of our survey…

  • The majority of Canadians (81%) are concerned that President Trump may use measures such as tariffs and trade sanctions to push Canada into a closer and more formal economic relationship with the United States. In response, 70% support a policy where the Government of Canada matches any tariffs imposed by the U.S. on a dollar-for-dollar basis.
  • On the other hand, only one-third (33%) of Americans are in favor of Trump’s administration imposing tariffs on products imported from Canada, and half (49%) think that it will negatively impact the U.S economy.
  • In recent weeks, approximately two-thirds of Canadians have reduced their purchases of American products, both in stores (63%) and online (62%). Additionally, 68% report increasing their purchases of Canadian-made goods. In contrast, this trend is less pronounced in the United States, where only 24% of Americans report buying more locally produced products.
  • Nearly one in five Canadian subscribers (19%) to American streaming services (such as Netflix, Prime Video, and Disney+) have canceled their subscriptions. Similarly, 30% of Canadians who had planned trips to the U.S. have now canceled their travel plans.
  • Canadians have mixed views on the U.S.: 27% perceive it as an enemy country, 30% as an ally, and another 27% as a neutral nation. Meanwhile, a majority of Americans (56%) consider Canada an ally.

Methodology

This web survey on the economy was conducted from February 14 to 17, 2025, with 1,550 Canadians and 1,001 U.S. residents, 18 years of age or older, randomly recruited from LEO’s online panel.

A margin of error cannot be associated with a non-probability sample in a panel survey. For comparison purposes, a probability sample of this size yields a margin of error no greater than ±2.49%, (19 times out of 20) for the Canadian sample and ±3.10%, (19 times out of 20) for the American sample.

Related Posts

Trump Tariff Tracker: Week of March 17

Every week during this tumultuous period, we conduct a survey of Canadians and Americans to explore their views on the economy and their finances.Compared with last week, results remain fairly stable. Some of the key highlights of our survey… Top Issues in Canada and...

Federal Politics: Week of March 17

From March 14 to 16, 2025, we surveyed Canadians on federal politics.Some of the key highlights of our survey about Canadian Politics​… If a federal election were held today, 42% of Canadians would vote for the Liberal Party led by Mark Carney, while 39% would vote...

Trumpists in Canada

Léger conducted a survey on behalf of Le Journal de Montréal, Le Journal de Québec, and TVA regarding Canadians' perception of and support for U.S. President Donald Trump.OPINION ON DONALD TRUMP 15% of Canadians would vote for Donald Trump if they could vote in the...

Leger x WIN: World Sleep Day

Leger is proud to be a part of the Worldwide Independent Network of Market Research (WIN), an organization of different market researchers around the world that develops quality insights around the world. Multiple times a year, all WIN members conduct research on...

Trumpists in Canada

Trumpists in Canada

Léger conducted a survey on behalf of Le Journal de Montréal, Le Journal de Québec, and...

Get the latest in your inbox

Stay up to date on cutting-edge research, news and more.