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Trump Imposes 50% Tariffs on Canada; Carney Vows to Intensify Trade Talks

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Trump Imposes 50% Tariffs on Canada; Carney Vows to Intensify Trade Talks

US President Donald Trump has imposed a 50% tariff on a broad range of Canadian exports, including wine, hockey sticks, and cement, citing what he describes as unfair treatment of American industries in sectors like automotive, dairy, and alcohol. While key Canadian exports such as energy, potash, critical minerals, and fish remain exempt, the new tariffs have triggered concerns about rising consumer prices and supply chain disruptions, particularly in construction and agriculture. The move marks a significant escalation in ongoing trade tensions between the two nations.

Canadian Prime Minister Mark Carney has responded by committing to intensify negotiations with the United States, reaffirming Canada’s resolve to defend its economic interests without yielding to pressure. He emphasized that Canada will pursue all available measures to mitigate the impact of the tariffs while maintaining its position in international trade. The dispute adds strain to already complex relations shaped by disagreements over defense, immigration, and environmental policies. As talks begin, businesses and consumers across North America face growing uncertainty about the future of cross-border trade.

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