Canada Imposes Tariffs Amid Trade Tensions

Canada has retaliated against the United States with tariffs on approximately $20 billion worth of American goods, including steel, dairy, appliances, and farm equipment, in response to U.S. tariffs and trade tensions. The new tariffs, set to start in September, range from 15% to 50% and target a broad spectrum of products, with Canada also implementing countermeasures worth over $7 billion to support affected workers and businesses. The dispute has heightened concerns over the economic impact on the deeply integrated trade relationship between the two countries.

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