Trump Renames Lake Ontario, Canada Responds

Summary

This Bloomberg News segment covers Canada's planned retaliatory tariffs on U.S. steel, dairy, and agriculture imports amid U.S.-Canada trade tensions. It also reports President Trump's executive order renaming Lake Ontario to Lake America, Canada's political pushback, and tech map responses. Apple and Google are updating maps while MapQuest refuses, and Trump has also floated renaming the Strait of Hormuz.

• Canada is preparing retaliatory tariffs of up to 50% on U.S. steel, dairy, and agriculture imports.
• Trade remains the main focal point in U.S.-Canada tensions.
• President Trump signed an executive order renaming Lake Ontario to Lake America.
• Ontario Premier Doug Ford and Prime Minister Mark Carney publicly rejected the rename.
• The Interior Department has 30 days to update federal databases.
• Apple and Google updated maps; MapQuest said it will keep the name Lake Ontario.
• Trump has also floated renaming the Strait of Hormuz.