Trade negotiations between the United States and Canada have collapsed, reigniting a trade dispute between the two nations. The failure to reach an agreement comes as a deadline set by President Trump passed without a resolution.
The United States has now imposed 50 percent tariffs on $20 billion worth of Canadian products. These new tariffs have taken effect following the breakdown of last-minute discussions between the two countries.
The escalation marks a significant development in the ongoing trade tensions between the U.S. and its northern neighbor. This is a developing story and will be updated as details emerge.