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Market Impact: 0.65
Canada's retaliatory tariffs take effect as US trade talks stall
Source: reuters.com
Tax & TariffsTrade Policy & Supply ChainGeopolitics & WarElections & Domestic Politics

Canada's retaliatory tariffs on U.S. goods took effect Tuesday after trade negotiations collapsed last month, escalating an 18-month trade war. Prime Minister Mark Carney's move increases economic pressure on Canada's largest trading partner and raises risks of further bilateral retaliation, supply-chain disruption, and higher costs for affected importers and consumers.
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