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U.S. and Canada Trade War Escalates | California News
Description
The U.S. just slapped a 50% tariff on $20 billion in Canadian goods, sparking an instant trade showdown as Canada vows to retaliate dollar-for-dollar. Last-minute U.S. demands derailed negotiations, forcing Canada’s PM to walk away — calling the moves unfair and unreliable. With the two nations trading nearly $900 billion annually, this rupture threatens the future of their North American trade deal and could ripple through global markets, politics, and future trade talks.
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