EconomyCanadian counter-tariffs on US goods take effect as Trump threatens to escalate trade war

Canada’s new tariffs on billions of dollars in U.S. goods have taken effect, escalating the trade dispute again. Prime Minister Mark Carney said Canada has pursued long-term partnerships while the U.S. has often sought short-term transactions. Donald Trump threatened to exclude Canadian products from a major U.S. government purchasing program unless Canada restores the measure.

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