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Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%
Canada has announced counter-tariffs as high as 50% on a range of US goods in retaliation to the latest wave of levies on Canadian imports imposed by President Donald Trump last weekend.
It is the latest escalation after US-Canada trade talks collapsed late last week, with each side accusing the other of making unreasonable last-minute demands.
Canada released on Tuesday a list of nearly 900 US products that will be hit by its counter-tariffs.
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