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Canada Races to Avoid 50% Tariffs | Edmonton News
Canada’s racing against time to seal a trade deal with the U.S. before August 19th, as Trump threatens 50% tariffs on Canadian exports like beer, milk, and hockey sticks. Officials are optimistic about an interim agreement, but tensions rise if tariffs go through — risking a new trade war. The U.S. demands Canada drop its own tariffs on American autos, dairy, and alcohol, using outdated Section 232 laws to bypass current agreements. Canada’s priority? Getting rid of Trump’s existing steel, aluminum, auto, and lumber tariffs first. But with provincial leaders blocking alcohol sales and unclear…
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