Canada vows dollar-for-dollar tariff retaliation as US trade talks collapse

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Canada has announced it will match any US tariffs on a dollar-for-dollar basis following a breakdown in trade negotiations between the two countries. The move signals a significant escalation in trade tensions between the neighboring nations. Canadian officials made the declaration in response to US tariff threats, framing it as a defensive measure to protect Canadian economic interests. The collapse of talks marks a notable deterioration in what has historically been one of the world's closest trading relationships.

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