Trump Renames Lake Ontario and Adds Heavy Taxes on Canadian Goods After Trade Talks Fail

President Trump signed an August 2026 order renaming Lake Ontario "Lake America" after U.S.-Canada trade talks fell apart. Trump called Canada "the worst" to deal with on trade and set a 50% tax on many Canadian products entering the U.S. The order changes only what the U.S. government calls the lake, which sits between the two countries.