Canada Braces for New U.S. Tariffs Amid Trade Tensions

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Source: The Guardian
Canada Braces for New U.S. Tariffs Amid Trade Tensions
Photo: The Guardian
TL;DR Summary

In response to Trump's new tariffs on 92 countries, including a 35% tariff on Canadian goods, Canada’s Prime Minister Carney expressed disappointment but emphasized self-reliance, stating Canadians will be their own best customer. Global stock markets declined following the tariff announcements, and the US dollar reached a two-month high amid ongoing trade tensions.

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