Trump escalates trade war with Canada by raising tariffs to 50%

In a significant escalation of the trade war, President Donald Trump announced a 50% tariff on Canadian goods. This decision, made as midterm elections approach, threatens Republican senators in states like Maine and Michigan, where trade with Canada is vital. Senator Susan Collins warned that these tariffs could harm U.S. businesses and consumers. Canada is preparing to retaliate with its own tariffs, further complicating the economic relationship between the two countries.