Trump Renames Lake Ontario, Imposes 50% Tariffs on Canadian Goods After Trade Talks Fail

President Trump signed an August 2026 executive order renaming Lake Ontario "Lake America" after U.S.-Canada trade negotiations collapsed. Trump said Canada was "the worst" to deal with on trade and announced a 50% tariff on a broad range of Canadian imports. The order changes only how the U.S. government refers to the lake, which spans the U.S.-Canada border.