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Macro Economy•13 February 2026•

1 min read

US House Rejects Trump's Proposed Tariffs on Canada

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The U.S. House of Representatives has voted 219-211 to reject former President Trump's proposed tariffs on Canada. This bipartisan decision saw six House Republicans support the resolution, while only one Democrat voted against it, highlighting broad opposition to the measure. The vote signals a clear legislative stance against potential trade friction between the two North American allies. Analysts suggest this move could avert future economic tensions, fostering stability in bilateral trade relations. While preventing potential disputes, the immediate market impact, particularly on instruments like USD/CAD, is assessed as neutral and minor, given it's a legislative vote rather than an immediate policy change.

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