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Trump Threatens Tariffs, Canada Poised for Retaliation

3/8/2025

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Story summary
  • Tensions rise as President Trump threatens new tariffs on Canadian lumber and dairy, claiming Canada is taking advantage of American farmers. This announcement comes amid a chaotic week of tariff adjustments with Mexico and Canada, leading to potential retaliatory measures from Canada. U.S. state treasurers express concern over the looming economic fallout.