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Canada vows dollar-for-dollar response to new US 50% tariffs
The US on Saturday imposed 50% tariffs on certain Canadian goods, escalating the trade war between the two countries. Canada vowed a dollar-for-dollar response with matching tariffs. The measures had originally been due to take effect on Wednesday, but Donald Trump gave negotiators three extra days to reach a deal — which ultimately failed. The move came just hours after Trump publicly claimed relations with Canada were good and that a deal was possible.
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