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U.S. and Canada Trade Standoff Escalates | Wilmington News
The U.S. is on the brink of slapping 50% tariffs on $20 billion in Canadian goods, potentially triggering a trade war with deep historical roots and economic risks. Talks are underway as both sides push for concessions—America wants military deals and minerals, Canada seeks relief from existing U.S. tariffs. Public backlash in Canada is mounting, with a petition to expel the U.S. ambassador gathering over 200,000 signatures, fueled by fears of annexation rhetoric. With midterms looming and American consumers already reeling from inflation, both governments may be reluctant to escalate—yet the…
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