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Carney and Trump Race to Avoid Trade War | Santa Fe News

Carney and Trump Race to Avoid Trade War | Santa Fe News

Published 2 weeks, 5 days ago
Description

Tensions flare as Trump slams Canada with 50% tariffs on autos, alcohol, and dairy—prompting PM Carney to vow fierce negotiation to shield jobs and economy. While Carney pushes for urgent talks, Canadian premiers blast the move as reckless and harmful to families, with one calling it a “desperate and flailing approach.” Economists note the impact is limited—just 5% of Canadian exports, worth $28 billion annually—mostly affecting honey, liquor, and hockey sticks. Provinces, including BC, resist U.S. alcohol imports, with Carney letting them decide whether to keep bans intact.

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