Trump administration's trade war with Canada escalates with new tariffs and retaliatory threats
The trade dispute between the U.S. and Canada has intensified, with President Donald Trump threatening new 50% tariffs on Canadian vehicles, auto parts, and steel. In response, Canadian Prime Minister Mark Carney indicated that U.S. trade demands aim to "destroy our major industries." This escalation follows Carney's withdrawal from trade negotiations with the Trump administration late Friday, highlighting a significant deterioration in U.S.-Canada relations.
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