The US-Canada trade war heats up again as Trump imposes a 50% tariff on some Canadian goods

Trump seeks a 50% tariff on some Canadian goods under Section 388 of the Tariff Act of 1930. Creative Touch Imaging Ltd./NurPhoto via Getty Images Trump is imposing a 50% tariff on some Canadian goods under Section 388. New tariffs exempt energy, potash, fish, critical minerals, and USMCA-covered goods. Ontario Premier Ford said Canada "should respond tariff for tariff, dollar for dollar." Trade tensions are flaring between the Trump administration and Canada once again. On Monday, Donald…