Canada readies retaliatory tariffs as Trump ramps up trade threats

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Canada is set to announce retaliatory tariffs against the United States on Tuesday, according to an official familiar with the plans, in a sharp escalation of a trade fight that has worsened since talks with the Trump administration collapsed. Prime Minister Mark Carney said Ottawa may no longer match US tariffs dollar for dollar and could instead use more targeted measures to protect Canadian workers and businesses. US President Donald Trump intensified the dispute on Monday, telling Canadian leaders to “fall in line” or face consequences “far WORSE” than the tariffs already imposed. He also threatened new 50 per cent…

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