US-Canada trade feud drags on as both sides escalate reciprocal tariffs

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1. 1The trade dispute between the United States and Canada has yet to find a resolution.
2. 2After the U.S. imposed an additional 50% tariff on roughly $20 billion worth of Canadian goods, Canada announced dollar-for-dollar retaliatory tariffs.
3. 3The average effective U.S. tariff rate on Canada rose from 2.9% in June to 5.7%, with both countries facing job losses.

Source BBC +2 · View original ↗

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