Economic TimesLean R·
'Trade war ‘devastating’ for Canada'
Washington: The Trump administration on Sunday warned that Canada would be "foolish" to think it could win a trade war with the United States, predicting a "devastating" impact on its northern neighbor.Negotiations between Washington and Ottawa broke down late Friday, putting into force new 50-percent US tariffs impacting about $20 billion worth of Canadian goods, or 5.5 percent of Canadian exports to the United States.Canada in retaliation said it would match US tariffs, with new levies notabl…
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