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US-Canada Tariff War Hits Cars, Construction, Alcohol and Consumer Goods

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The United States and Canada are locked in an escalating trade conflict following the imposition of new tariffs on vehicles and construction materials. Import taxes on household products and alcoholic beverages have also surged as part of the dispute. Both businesses and consumers are expected to face higher costs as a result of the widening trade tensions. The tariff war raises concerns about potential job losses across affected industries. The ongoing conflict also threatens to undermine the stability of the USMCA trade agreement between the two nations.

Read the full story at Times of India

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US-Canada Tariff War Hits Cars, Construction, Alcohol and Consumer Goods · ShortSingh