Trump Slaps 50% Tariffs on Canada Over Trade Deficit

President Donald Trump imposed 50% tariffs on $20 billion of Canadian products, protesting what he called unfair trade practices. Canada retaliated with its own tariffs, prompting Trump to ban imports of Canadian dairy byproduct whey, most alcoholic beverages, and motorcycles. The dispute centers on a $27.3 billion U.S. trade deficit with Canada, largely driven by U.S. purchases of discounted Canadian crude oil for Midwest refineries.