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Canada Nears US Trade Deal
Negotiations between Canada and the United States have reached a tentative trade agreement that enhances Canada's competitive advantage and avoids imposing new tariffs on Canadian goods worth $20 billion. The discussions primarily focus on reducing tariffs on cars from 25% to around 10%, with the possibility of allowing regional component credits. The deal is expected to be finalized soon, before the midnight deadline on Saturday to prevent the application of additional tariffs, although more than half of Canadians oppose making further concessions to the United States in this regard.
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