US and Canada Edge Toward Trade War as Tariffs Escalate, Trump Suggests Renaming Lake Ontario

The U.S. and Canada are on the verge of a trade war after Canada announced retaliatory tariffs Tuesday on $20 billion of American goods, responding to U.S. tariffs on Canadian products. Canada's tariffs target steel, dairy, appliances and farm equipment, following the Trump administration's 50 percent tariffs on some Canadian goods. President Trump threatened additional 50 percent tariffs on cars and steel if Canada does not comply, while Canada argues higher prices will hurt U.S. auto workers. The dispute is impacting midterm Senate races in border states, with Democrats challenging Republicans on trade. Trump also suggested renaming Lake Ontario to "Lake America" and accused Canada of being "entitled" and ripping off American farmers.