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News in English (USA) / 07.09.2026 / 15:00

Tensions Escalate in US-Canada Trade War as Counter-Tariffs Loom

As Canada prepares to implement counter-tariffs on US imports worth CAN$27.6 billion, the trade war between the two countries intensifies. With Canada imposing tariffs of 25% on lumber and 50% on plywood, businesses brace for the economic fallout. Experts warn that the situation could escalate further, potentially resulting in a tit-for-tat cycle of tariffs that could impact various industries. Public sentiment in Canada has shifted, with 41% now viewing the United States as an enemy, and many citizens expressing support for countermeasures. Amidst these tensions, trade talks remain frozen, leaving both countries reeling from the consequences of their economic policies.
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