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US, Canada fail to reach trade deal as 50% tariffs take effect

Cyprus Mail 22 August 2026, 08:20
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US, Canada fail to reach trade deal as 50% tariffs take effect
The United States and Canada failed to reach a trade deal late on Friday, and the U.S. said it would impose 50% tariffs on some imports from Canada, an escalation of tensions between the two long-time allies. A senior Trump administration official said Section 338 tariffs on about $20 billion worth of Canadian goods would […]