11 Hrs
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America and Canada miss trade deal Ottawa warns
The United States has imposed a 50% tariff on Canadian goods valued at approximately $20 billion, following its failure to reach a trade agreement with Canada. Canada suspended negotiations and announced it will retaliate in kind. These measures come amid escalating tensions between the two countries and are expected to complicate the broader negotiations for the United States-Mexico-Canada Free Trade Agreement. Such developments could harm some vulnerable sectors and impede Canada's economic recovery.
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