Trade war begins as US-Canada talks collapse

The breakdown in negotiations between the U.S. and Canada marks the start of a new trade war, with both sides now imposing tariffs on each other's goods. This collapse follows months of disputes over trade policies and tariffs, especially concerning automotive industries and agricultural products. The fallout could ripple through global markets, affecting everything from consumer prices to international trade relations. This development underscores the growing tensions in North America and could set a precedent for future trade conflicts.