Trump Dismisses Canada Trade Talks
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That follows his Truth Social announcement earlier this month warning of 35% levies on Canadian importsand potential hikes if Ottawa retaliatesup from the prior 25% rate. The Canadian dollar barely budged on the news, echoing his point that a deal isn't in the cards right now.
Why it matters: Keeping high tariffs in place without fresh negotiations could strain U.S.?Canada trade ties and hit cross?border industries. Investors will be watching any Canadian response and the impact on sectors like autos and energy once those tariffs take effect.
This article first appeared on GuruFocus.
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