WASHINGTON: President Donald Trump on Monday imposed 50 percent tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products. The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House.

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The tariffs will apply to goods covered by the Canada-U.S.-Mexico Agreement, escalating a trade dispute the White House says stems from Canada's policies targeting American autos,…

The U.S. is slapping 50% tariffs on Canadian products, including wine and hockey sticks, in response to Canada's retaliatory duties on American products.