No doubt that had much to do with the fact that the Americans had just tried to invade Canada, but they had also imposed high tariffs on our exports. In contrast, we had strong ties to Britain, which had a policy of preferential 1/7  BIS central bankers' speeches  tariffs—very low taxes levied on imports—on goods from the colonies.
Tariffs served a dual purpose in the 19th century. Until the First World War, governments relied on tariffs for most of their revenue. But the second purpose of tariffs was the protection of domestic business from foreign competition. Over the years, tension developed between those who sought higher tariffs to provide protection from import competition and those who advocated lower tariffs and open markets.