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U.S., Canada fail to reach a tariff deal, deepen trade war

CNBC · Finance · 2026-08-22

U.S., Canada fail to reach a tariff deal, deepen trade war

The United States and Canada failed to reach a trade deal late on Friday, and the U.S. said it would impose 50% tariffs on some imports from Canada, an escalation of tensions between the two long-time allies. U.S., Canada fail to reach a tariff deal, deepen trade war The United States and Canada failed to reach a trade deal late on Friday, and the U.S. said it would impose 50%

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