Also the tariffs against Canada are still in place, leaving Canada in a relatively isolated position compared to a couple of days ago. That doesn’t really fit the narrative.

Good point, though Tim Horton’s is owned by Restaurant Brands Intetnational, with headquarters in Toronto and Florida. RBI is in turn owned by shareholders, the largest of which is 3G capital, a Brazilian-American firm… so it’s complicated. Much American involvement, though!

At the risk of being pedantic, this would be an export tax. (But I think maybe it’s important to get these things right given how many people don’t seem to understand that a tariff is a tax on imports.)