Trump's tariffs caused a loss of 400 million dollars for a Canadian railway company in 2025.

Last year, the tariffs imposed by the United States on commodities resulted in Canadian two major railway operators losing more than 550 million Canadian dollars in revenue. The Canadian National Railway Company reported that trade uncertainty and volatility had an impact of over 350 million Canadian dollars on its full-year 2025 revenue. Canadian Pacific Kansas City Railroad also suffered 200 million Canadian dollars or more in revenue impact due to this uncertainty.