Canada-US Talks Fail To Avert New US Tariffs | WION News
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New 50% U.S. tariffs on some Canadian goods have taken effect after last-minute talks between Washington and Ottawa failed to reach a deal. Canadian PM Mark Carney vowed to match the tariffs “dollar for dollar” as the trade standoff escalates. The duties affect around $20 billion worth of Canadian exports, including products ranging from hockey sticks to cement.
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AI GeneratedThe Canada-US trade deal has collapsed after failed last-minute negotiations, leading to the implementation of 50% US tariffs on certain Canadian goods. Prime Minister Mark Carney has vowed a dollar-for-dollar retaliatory response, sparking concerns over economic instability, supply chain disruptions, and rising consumer prices in both nations.