Canada will match US tariffs 'dollar for dollar' as trade talks break down
A new 50% levy on $20bn of Canadian imports comes into force after a last-minute breakdown in trade talks.
Summary
Canada plans to impose a matching 50% tariff on $20 billion worth of U.S. imports following the collapse of recent trade negotiations. This move signals escalating tensions between the two countries and could have significant implications for cross-border trade.
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