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Trade war escalates: Trump announces 50% tariffs on Canadian autos & steel from Jan 1

Source: Business Today

The latest escalation unfolded after three days of intensive talks ended on August 21 without a deal. Following the failure to reach consensus, separate US tariffs of 50% on roughly $20 billion worth of Canadian imports took effect over the weekend.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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