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News 2026-08-25 15:02 UTC

Canada imposes 15%-50% tariffs on about $20B of US goods

Canada imposes 15%-50% tariffs on roughly $20 billion of US products, applying counter-tariffs to steel, dairy, and appliances, doubling US steel tariffs to 50% from 25%, and adding tariffs on farm equipment, furniture, and pulp/paper.