US Escalates Trade Spat, Imposes Additional 10% Tariff on Canada

The US has imposed an additional 10% tariff on Canadian goods, escalating a trade dispute triggered by a Canadian anti-tariff advertisement featuring late US President Ronald Reagan. President Donald Trump, who called the ad a "fraud" and a "hostile act," announced the new tariffs just days after terminating trade talks. The move adds to existing high tariffs on Canadian steel, aluminum, and autos, further straining economic relations between the two major trading partners and North American neighbors.