The new 50% tariffs on Canada are being slammed as reckless, and the warning is that they will hurt American consumers more than they help.

• Hitting Canada, America's closest ally, with the harshest tariffs of any country makes no strategic sense.
• Tariffs have not delivered results so far — the clearest effect has been higher gas prices.
• Trade talks are stuck, with neither side willing to accept the other's terms.
• Combining a trade fight with the rest of the world and open-ended military spending tied to Israel risks crushing the economy.
• Pushback against criticism of Israel policy is losing its force as public patience wears thin.

Outlook: With talks deadlocked, tariffs look set to stay in place and keep pressure on prices.