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Trump Suggests Renaming Lake Ontario to Lake America Amid Trade Clash The idea surfaced after negotiations failed and the U.S. slapped 50% tariffs on billions in Canadian goods, especially Ontario's auto sector, with Trump claiming decades of $60 billion annual trade losses to Canada. Critics called it a pointless vanity war hiking prices for Americans, while supporters praised it as elite trolling against tough Canadian leaders. The shared Great Lake has held its name for centuries, echoing Trump's earlier Gulf of Mexico rename to Gulf of America, as Ontario's premier pushes locals to buy Canadian amid retaliation threats.