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U.S. and Canada Trade War Escalates | Lafayette Louisiana News
The U.S. just slapped a 50% tariff on over 550 Canadian goods—from honey to hockey sticks—using a Depression-era law, claiming Canada’s discriminating against American businesses. Consumers face higher prices as businesses pass on costs, while Canada vows dollar-for-dollar retaliation starting September 8th, targeting U.S. steel, dairy, and electronics. Escalation looms: Canada may cut off critical minerals or power, and the U.S. threatens 50% tariffs on Canadian cars next year. A tense, high-stakes trade war is heating up with major economic consequences for both nations. Listen in…
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