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U.S. and Canada Trade War Escalates | Montpelier News
The U.S. and Canada’s trade war just escalated dramatically as Washington slapped 50% tariffs on $20 billion in Canadian goods, prompting Ottawa to retaliate with penalties set for September 8th. Talks collapsed after Canada felt targeted—especially over auto manufacturing, global trade flexibility, and cultural protections—and refused last-minute U.S. concessions. The U.S. argues it was forced to act after years of Canadian retaliation, offering relief on key industries like steel and lumber, which Canada rejected. With trust shattered and the North American trade agreement’s future in…
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