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U.S. hits Canada with stiff new tariffs, escalating trade tensions

MarketWatch· Greg Robb· Jul 20, 2026 · 9:53 PM
U.S. hits Canada with stiff new tariffs, escalating trade tensions

The Trump administration on Monday said it would slap 50% tariffs on some goods imported from Canada, in an effort to end what it sees as discriminatory trade practices by Ottawa against the U.S. automobile, dairy and alcohol industries.

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