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S7/10Economic

Trump imposes 50% tariffs on Canadian goods, citing disputes over cars, alcohol and cheese

US President Donald Trump on Monday imposed 50 per cent tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American cars, alcohol and dairy products.

The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House.

The administration official previewing the action said that Canada was one of the only nations...

Source: South China Morning PostOriginal source

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