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The U.S. has announced a 50 percent tariff on Canadian goods, set to take effect on August 19, 2026, targeting products such as autos, dairy, and alcohol. The measure aims to retaliate against Canadian trade policies, though tariffs are paid by U.S. importers and may lead to higher prices for these products. The move risks disrupting established cross-border supply chains and could result in increased costs for American consumers and businesses.
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