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Canada to Announce C$29.8 Billion in Retaliatory Tariffs on US, Official Says

The move is the latest in an escalating the trade conflict between the two countries.
A cargo vessel crosses the Suez Canal in Egypt, shortly after Yemen-based militants started attacking ships in the Red Sea along the crucial Asia-Europe trade route.
Trump’s increased tariffs on steel and aluminium imports took effect on Wednesday. (Shutterstock)

Canada will announce C$29.8 billion in retaliatory tariffs on the United States on Wednesday in response to US President

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