What smart people are saying about Trump’s escalating trade war with Canada

The US and Canada broke off negotiations on a new trade deal. Trump is retaliating on Monday with fresh tariffs.Getty Images/Business InsiderOn Tuesday, Canada announced retaliatory tariffs on roughly 700 American products.The move comes days after Trump's 50% tariffs on some Canadian goods went into effect on Saturday.Also on Tuesday, Trump threatened to rename Lake Ontario as Lake America.The trade war between the US and Canada is escalating.On Tuesday, Canada announced retaliatory tariffs as