Macro Finance
Canadian prime minister suspends trade talks with U.S., setting new 50% tariffs in motion
NBC Business·August 22, 2026·1 min read
Canadian Prime Minister has suspended trade talks with the U.S., setting new 50% tariffs in motion. The tariffs will take effect early Saturday morning at midnight. This escalation marks a significant deterioration in trade relations between the two countries, with steep duties set to impact cross-border commerce.
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