President Trump’s long-promised trade war is finally under way. As with all wars, it may be easier to start than stop.
Canada, already riled and unsettled by Trump’s funny-not-funny demand that it become America’s 51st state, hit back immediately, announcing almost matching tariffs of its own.
The US’s northern neighbour believes it can inflict real pain and make Trump think again: American refineries are big consumers of Canadian crude oil, though tariffs on energy will be just 10 per cent. Mexico is launching a “Made in Mexico” campaign.
