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The shipping activity at Duluth Superior Port, one of the most important Great Lakes ports, is experiencing a sharp decline of 23% until August 2026 compared to the same period last year, with a 19% decrease in American shipments and a 37% drop in Canadian shipments. This decline comes amid escalating trade tensions between the United States and Canada, impacting cross-border trade flows, especially as coal and iron ore exports decline due to the closure of certain plants and high tariff costs. The ongoing trade war threatens to alter supply chains, as Canada is exploring options to reduce its dependence on the U.S. market, including establishing new ports and connecting resource-rich regions with their domestic and international markets.
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