Trump threatens another symbolic escalation with Ontario

President Trump says the U.S. is giving serious consideration to renaming Lake Ontario as “Lake America,” adding that Washington does not expect to do much business with Ontario going forward.
The comment comes amid worsening U.S.-Canada trade tensions and adds another political signal that relations remain strained.
The market impact will depend far more on actual tariffs and trade restrictions than the naming proposal itself.
Still, the rhetoric reinforces how quickly the dispute between the U.S. and Canada has escalated.