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MoneyWashington Examiner

US-Canada trade deal collapses as Trump’s 50% tariffs go into effect

Deadline came, deal didn't, and the 50% tariff on Canada gets paid at the checkout counter in Ohio, not in Ottawa.

A trade deal between the United States and Canada fell apart in the eleventh hour ahead of President Donald Trump’s Friday night deadline, pushing the Trump administration’s 50% tariffs on its northern neighbor into effect overnight. Canada will now face a 50% tariff on about $28 billion worth of Canadian products imported into the U.S. […]

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