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Trump Hits Canada with 50% Tariffs; Carney Pledges to Intensify Trade Talks
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Trump Hits Canada with 50% Tariffs; Carney Pledges to Intensify Trade Talks

U.S. President Donald Trump has announced a 50% tariff on a wide range of Canadian goods, escalating trade tensions between the two neighboring countries. Canadian Prime Minister Mark Carney responded by vowing to 'intensify' trade negotiations rather than back down, signaling Canada's intent to push back through diplomacy. The tariffs represent a sharp escalation in the ongoing trade dispute that has strained U.S.-Canada relations in recent months. The move comes at a sensitive time, as Canada is also grappling with widespread wildfires, adding further pressure to the bilateral relationship. Analysts warn the tariffs could significantly raise prices on Canadian exports and disrupt supply chains that are deeply integrated across the border. The situation has drawn widespread attention from global markets and trading partners, including Caribbean nations like St. Maarten that depend on stable North American economic conditions for tourism and imports. No resolution appears imminent, with both sides digging into their respective positions ahead of further negotiations.

Read the original at BBC
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