Tariffs and Temptation: How US Canada Trade Tensions Could Spark a Wider Market Shift The collapse of trade talks between the United States and Canada has led to a sharp escalation in tensions, with Washington imposing 50% tariffs on a range of Canadian goods.
Ottawa's refusal to cede ground on key issues such as dairy quotas and lumber exports is seen as the catalyst for this move.
Under President Donald Trump, US trade policy has become increasingly aggressive, using economic leverage to drive its agenda forward.