This advertisement has not loaded yet, but your article continues below. We apologize, but this video has failed to load. Article contentThe affected products account for roughly five percent of U.S. imports from Canada, suggesting only a modest increase in the overall tariff burden, though the impact could be more meaningful for affected industries. Canada’s inflation rate eased more than expected in June, with the headline annual rate slowing to 2.8 percent from 3.2 percent in May, below the consensus forecast of 2.9 percent. The moderation was largely driven by a 10.2 percent monthly decline in gas prices, reflecting a temporary easing in global energy markets following a brief de-escalation in Middle East tensions.