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U.S. Slaps 50% Tariffs on Canada | Oakland News
The U.S. just slapped a 50% tariff on $20 billion in Canadian goods after trade talks collapsed—no more talks are planned. Using a rarely invoked Depression-era law, the president bypassed investigations and time limits to impose these taxes, which experts warn will drive up consumer prices. Canada vows dollar-for-dollar retaliation starting September 8, targeting steel, dairy, and electronics. The U.S. claims it offered Canada a deal on steel, autos, and lumber—but Canada allegedly rejected it. This escalation risks breaking longstanding alliances, fuels inflation, and could sway voters…
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