Trump’s Escalating Trade War With Canada Hurts Both Nations

President Donald Trump has re-escalated a trade war with Canada, imposing new 50 percent tariffs on Canadian goods after negotiations collapsed. Canada retaliated with matching tariffs on U.S. products, threatening economic harm to both nations. The talks failed over disputes including U.S. tariffs on Ontario-made trucks and Canada's liquor ban, with insults exchanged between Trump and Ontario Premier Doug Ford. The new tariffs affect roughly $20 billion in goods, potentially costing Canada up to 90,000 jobs. Trump claims Canada exploits the U.S. via trade deficits, though economists note these are driven by oil imports and not an emergency. The conflict has strained U.S.-Canada relations, with Prime Minister Mark Carney seeking European partners, though a two-week window remains for a possible compromise.