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Trump tariffs on Canadian goods
U.S. President Donald Trump imposed a 50% customs duty on Canadian imports valued at approximately $20 billion, starting from August 19, 2026, as a protest against discrimination against American exports and Canada's retaliatory measures, such as restrictions on American products including cars, dairy, and alcohol. This move comes within the context of an ongoing trade dispute, with Canada advocating for negotiations to resolve the disagreements, while vowing to respond if U.S. measures continue. Some exclusions apply to certain goods such as energy, fish, and minerals. This step raises concerns among trade experts about intensifying tensions and its potential impact on the global economy, especially with the approaching U.S. midterm elections.
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