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Business · Important news for 25 August 2026

Business

Canada announces retaliatory tariffs on US goods

Al Jazeera · BBC · Business Insider · 14 sources

Canada's government announced retaliatory tariffs on roughly 700 US goods following trade disputes and steep US tariffs imposed by President Trump.

  • Canada will impose tariffs on approximately 700 US goods starting next month.
  • The measures follow US President Trump imposing 50% tariffs on Canadian goods after trade talks broke down.

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