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Market Impact: 0.55

Canadian countertariffs take effect on U.S. imports

Source: The Globe and Mail

Tax & TariffsTrade Policy & Supply ChainGeopolitics & War

Canada’s retaliatory tariffs on C$28 billion of U.S. imports took effect Tuesday in response to President Trump’s escalating trade actions. The measures raise bilateral trade friction and could disrupt affected supply chains, increase import costs, and pressure companies exposed to Canada-U.S. cross-border commerce.

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