Trump Escalates Trade War: Canadian Goods Banned, EU Tariff Threats Loom

U.S. President Donald Trump has banned Canadian goods from all U.S. government contracts, executing a threat he made earlier this month over Canada's "Buy Canadian" policy. The directive, issued via presidential memorandum, targets more than US$50 billion in annual procurement and escalates a trade war that flared after a truce collapsed in August. For Canadian suppliers, it's a direct hit to a lucrative market; for Ottawa, it's the latest in a series of retaliatory...