Canada to hit US with retaliatory tariffs from Sept 8

Canada to hit US with retaliatory tariffs from Sept 8

Canada will impose retaliatory tariffs on US imports starting September 8, Prime Minister Mark Carney announced, after talks failed to avert new US duties. The US imposed 50% tariffs on $20 billion of Canadian goods, prompting Carney to vow matching measures. Negotiations broke down late Friday, with Canada citing unfair last-minute changes.

Source: Reuters

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