US Hits Canada With 50% Tariffs; Ottawa Vows Dollar-for-Dollar Retaliation

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The United States imposed 50% tariffs on approximately $20 billion worth of Canadian goods on Saturday. Canadian Prime Minister Mark Carney announced that Ottawa would respond with equivalent retaliatory measures starting September 8. The move marks a significant escalation in trade tensions between the two neighboring countries. The tit-for-tat exchange threatens to strain one of the world's most longstanding and closely integrated bilateral trade relationships.

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