Canada Imposes Up to 50% Tariffs on US Goods Worth $20 Billion

Canada has announced sweeping tariffs of up to 50% on hundreds of American products, set to take effect on September 8. The measures target goods that accounted for approximately C$27.6 billion ($19.9 billion) in US imports, based on 2024 trade data. The move marks a significant escalation in trade tensions between the two neighboring countries. The tariffs cover a wide range of product categories sourced from the United States.
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