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U.S. Slaps 50% Tariffs on Canada | Edmonton News

U.S. Slaps 50% Tariffs on Canada | Edmonton News

Published 1 month, 1 week ago
Description

The U.S. is slapping a 50% tariff on Canadian goods like honey, wooden dishes, hockey sticks, and booze—starting August 19th—claiming it’s to counter unfair Canadian trade practices, including taxes on American cars and alcohol bans. Citing a 1930 law, the White House says this move aims to level the playing field for U.S. businesses. But tensions are escalating, and the situation remains fluid as both nations brace for further retaliation and negotiation.

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