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The United States and Canada are continuing negotiations in an effort to reach a trade agreement before new tariffs are implemented, as they move toward ending months of trade tensions. The threat by U.S. President Donald Trump to impose a 50% tariff on Canadian goods has been halted after progress was made in the talks. Both sides are working to address disagreements over tariffs on automobiles, steel, and aluminum, as well as the U.S. alcoholic beverage issue that Canada rejects. The goal of the agreement is to reduce Canada's dependence on the U.S. market and minimize the damage caused by previous tariffs, with negotiations ongoing until a final understanding is reached.
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