EconomyTrump escalates trade war with Canada with import bans, 50% tariffs

President Donald Trump announced US import bans on Canadian dairy products, motorcycles and alcoholic beverages, along with 50% tariffs on other goods including mattresses, motorboats and golf carts. The measures followed Canada’s tariffs of up to 50% on about $20 billion of US goods and threaten the future of the USMCA trade pact.

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