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Trade Tension Relief: Canada Holds Firm on Tariffs Amid Temporary US Reprieve - Uncede | My Take on the News

Trade Tension Relief: Canada Holds Firm on Tariffs Amid Temporary US Reprieve

1 Min Read

Canada will maintain its retaliatory tariffs against the US, despite President Trump’s decision to postpone 25% tariffs on many Canadian imports for a month, according to senior Canadian government officials.

The country’s initial $30 billion Canadian (US$21 billion) worth of retaliatory tariffs will remain in place, while a second wave of tariffs has been suspended, Finance Minister Dominic LeBlanc announced, as the US and Canada navigate a trade war with ongoing uncertainty.

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