In an unprecedented move, United States President Donald Trump has proposed renaming Lake Ontario to 'Lake America', citing the escalating trade conflict between the two North American nations. This suggestion was made in a post on Trump's Truth Social platform on Tuesday, following the imposition of 50% tariffs on $20 billion worth of Canadian goods by the US administration over the weekend. The new tariffs affect various products such as wine, furniture, dairy products, cement, clothing, fishing rods, and hockey equipment, accounting for about 5.5% of Canadian exports to the US. This dispute arises after trade negotiations between the countries broke down. Canada's minister responsible for US trade, Dominic LeBlanc, has stated that the federal government will not respond to social media posts by the US administration. The US and Canada share a significant trading relationship, with deep integration in industries such as automotive, energy, agriculture, and manufacturing. The escalating rhetoric between the two leaders raises concerns about the potential economic impacts of a prolonged trade war on businesses and workers on both sides of the border. Trump has also threatened new 50% tariffs on Canadian vehicles, car parts, and steel, while Canadian Prime Minister Justin Trudeau accuses Washington of trying to subordinate his country.