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Canada-U.S. Trade Tensions Escalate | Lubbock News

Canada-U.S. Trade Tensions Escalate | Lubbock News

Published 5 days, 4 hours ago
Description

Canada’s PM Mark Carney called U.S. trade talks “nasty” after President Trump labeled Canadian leadership as such, but insisted Ottawa remains committed to protecting jobs and businesses. Trump’s escalating rhetoric — including threats of 50% tariffs on Canadian goods starting August 19th and pushing Canada to become the 51st U.S. state — has sparked backlash, canceled trips, and economic friction. While U.S. officials claim only Canada and China retaliate, Canada says its measures are direct responses to U.S. tariffs. Carney also warned that existing U.S. aluminum tariffs have spiked prices by 58%, hurting American industry.

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