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Trump escalates trade tensions with Canada

Trump escalates trade tensions with Canada

Also reported by PBS NewsHour

Summary

The United States and Canada did not come to an agreement on trade. As a result, both countries have started putting extra taxes called tariffs on each other’s goods.

Key Facts

  • The U.S. and Canada tried negotiating a trade agreement but did not succeed.
  • Both countries have imposed tariffs, which are taxes on imported goods.
  • The tariffs are meant to pressure the other side during the disagreement.
  • This situation is increasing trade tensions between the U.S. and Canada.
  • The issue was reported by CBS News and analyzed by a University of Toronto expert.
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