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Economy

Canada’s retaliatory tariffs deepen US trade war

Canadian tariffs of up to 50% on nearly $20 billion of United States goods took effect in response to President Donald Trump’s duties on Canadian products. Prime Minister Mark Carney warned the conflict would carry costs, while Trump threatened Bombardier aircraft sales. RSS reports do not give a negotiation timetable or complete product list.

Why it matters

The escalating measures threaten prices, investment and integrated supply chains across North America.

Sources

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