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US imposes 50% tariffs on $20 billion worth of Canadian products as trade talks collapseThe imposition of 50% tariffs on $20 billion worth of Canadian products represents a dangerous escalation rooted in protectionist economic interests and fueled by American agricultural subsidies. While framed as retaliation following trade talks collapse, the move risks mirroring the disastrous consequences of the Smoot Hawley Tariff Act of 1930, potentially harming American consumers and businesses alongside Canada’s economy. Carney's aggressive rhetoric suggests a…
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