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The trade crisis between Canada and the United States is at the forefront after the latter imposed new tariffs of 50% on Canadian goods, including automobiles. Canada responded by imposing tariffs on American products such as steel and dairy, in a move that escalated the dispute and worsened trade tensions between the two countries. The Canadian government confirmed that these measures are a retaliation against Washington’s refusal to reach a fair trade agreement, which had added $20 billion in tariffs on Canadian goods. The debate continues over the impact of these actions on both economies, especially since the United States considers Canada its largest trading partner, with about 70% of its exports going there.
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