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U.S. and Canada Trade War Escalates | Fort Wayne News
The U.S. slapped 50% tariffs on Canadian cars, dairy, and alcohol—prompting Canada to retaliate dollar-for-dollar. Prime Minister Carney blamed the U.S. for last-minute changes, while Washington claims Canada reneged on commitments after U.S. tariff cuts were offered. Activated under rarely-used Section 338 of the Smoot-Hawley Act, these tariffs bypass normal trade review and have no expiration date, casting doubt over the entire North American trade pact. Talks with Mexico are underway, but Canada remains silent. Carney signaled more support for workers and businesses ahead, hinting at a…
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