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U.S.-Canada Trade Tensions Escalate Amid Tariff Threats

8/18/2025

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Story summary
  • U.S. Ambassador Pete Hoekstra criticized Canada for threatening the CUSMA agreement with counter-tariffs.
  • Canada retaliated with a 25% tariff on $29.8 billion of U.S. goods.
  • Ontario Premier Doug Ford raised concerns about President Trump's dedication to free trade.
  • Hoekstra indicated that ongoing negotiations are facing major challenges, with no immediate resolution anticipated.