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Trump plans 50% tariffs on Canadian goods
U.S. President Donald Trump announced that tariffs on cars, trucks, spare parts, and steel will be increased to 50% starting January 1, 2027, following the failure of trade negotiations with Canada. He explained that the goal is to encourage Canada to produce its goods in the United States, emphasizing that Canada needs America more than the other way around. He also confirmed that Canada is among the worst countries in the world in terms of trade.
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