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The Economic Times

Global Business / The Economic Times

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US weighs more trade measures against Canada after retaliation

The United States is discussing additional trade penalties against Canada. This follows Canada's dollar-for-dollar retaliation to new US tariffs imposed on Saturday. Escalation could include higher tariffs and other trade actions, according to a White House official. The prospect of a spiraling trade war between the two nations is underscored. Both sides blame each other for intransigence and unfair treatment in the dispute.

26 Aug 2026 8:58 am