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Article Summary
- Canada is considering retaliatory duties on US exports in response to Trump's 25% tariff threat
- The potential tariffs would target a range of American products, including agricultural goods and machinery
- Canada is exploring other options to respond to the tariff threat, such as filing a complaint with the World Trade Organization
- The US has threatened to impose tariffs on Canadian steel and aluminum if Canada goes through with its retaliatory duties
- The situation is causing tension between the US and Canada, with both countries trying to negotiate a resolution Tone: Concerned and tense
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Canada Is Already Examining Retaliatory Duties On U.S. Exports After Trumps 25% Tariff Threat
When Trump imposed higher tariffs during his first term in office, Canada announcedbillions of new duties in 2018against the U.S. in a tit-for-tat response to new taxes on Canadian steel and aluminum.
https://fortune.com/2024/11/28/canada-examining-re...
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