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Carney Says Tariffs on US Goods Meant to Protect Canada, Not Escalate Conflict

Source: Bloomberg

Trade Policy & Supply ChainTax & TariffsElections & Domestic Politics

Canadian Prime Minister Mark Carney said he does not support escalating the trade war with the US, but argued that counter-tariffs are necessary to protect Canadian businesses and workers. The comments signal a defensive Canadian trade-policy response that could raise bilateral trade costs while seeking to limit domestic economic damage.

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