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World · 5 days ago

US imposes 50% tariffs on Canadian imports, Canada to match

US imposes 50% tariffs on Canadian imports, Canada to match

New import taxes kicked in on Saturday after trade negotiations between the two historic allies broke down. Canadian Prime Minister Mark Carney pledged to reciprocate the 50% US tariffs with an equivalent value. The tariffs continue a strained relationship over President Donald Trump's second term, marked by threats and retaliatory measures.

Reported by Associated Press · How we write briefs

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