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Canada Imposes Tariffs on US, Oil Surges Near $100, More

Source: Bloomberg

Tax & TariffsTrade Policy & Supply ChainEnergy Markets & Prices
Canada Imposes Tariffs on US, Oil Surges Near $100, More

Canada imposed tariffs on the US, escalating bilateral trade tensions, while oil prices surged toward $100 per barrel. Higher crude prices could add to inflation risks and pressure energy-consuming sectors, while the tariff action raises uncertainty for cross-border trade and supply chains.

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