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Trump's 35% Tariff Threat Escalates U.S.-Canada Trade War

7/12/2025

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Trump Escalates Tariffs
  • President Trump has ramped up trade tensions by threatening a staggering 35% tariff on Canadian goods, a move that could shake the $349 billion trade relationship. In response, Canada has imposed its own tariffs on U.S. products, deepening the rift as negotiations falter and political tensions rise.
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