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Trump’s Tariff Threat and the Canada Deal | Madison News
Description
Trump was on the verge of slapping 50% tariffs on $20 billion in Canadian goods—threatening a major trade war between two nations tied by nearly $900 billion in annual trade—but pulled back at the last minute, announcing a deal pending paperwork. The move, part of broader U.S. pressure to secure concessions like military purchases and mineral access, was avoided amid political timing and mutual reluctance to escalate. With one of the world’s longest undefended borders and deep economic ties, the U.S. and Canada chose diplomacy over disruption, buying time to negotiate without damaging their long-standing alliance.
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