Trump Tariff Tracker: Week of March 17

March 20, 2025

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 the U.S.
    • Canadians cite U.S. tariffs, Trump and economic aggression (41%) as the top issue, a 13-point increase since March 3rd. On the other hand, inflation is the primary concern in the U.S. (31%).
  • Canada-U.S. Relations & Trade
    • 81% of Canadians support economic retaliation against the U.S. on electricity export, 80% on oil exports and on potash export, and 79% on aluminum. Additionally, 42% of Canadians say they are disappointed of the U.S. for turning against Canada.
  • Economic Concerns & Consumer Behavior
    • 71% of Canadians have reduced their purchases of American products in stores, and 73% have increased their purchases of Canadian-made goods. Furthermore, 75% perceive recent price increases compared to 78% for Americans.
  • Canada’s Sovereignty & Future Relations with the U.S.
    • Only 9% of Canadians believe it is likely that Canada will become the 51st U.S. state. If this scenario became more realistic, 35% would consider leaving the country.
  • Travel & Tourism
    • Half of Canadians (51%) are less likely to travel to the U.S. due to political tensions. A similar proportion (51%) would be more likely to travel within their home province and 48%, within Canada (outside of their own province).
  • Trump’s Economic Policies
    • 35% of Americans support tariffs on Canadian imports, but 53% believe that tariffs negatively impact the U.S. economy. Additionally, 72% are worried about rising grocery prices due to tariffs. Opinion on Elon Musk is split: 37% of Americans view him favorably, while 48% have an unfavorable opinion. Additionally, 43% support his efforts to reduce the size of the U.S. government, while 44% oppose them​.

Methodology

This web survey on the economy was conducted from March 14 to 16, 2025, with 1,568 Canadians and 1,013 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 ±2.47%, (19 times out of 20) for the Canadian sample and ±3.08%, (19 times out of 20) for the American sample.

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