Macro Finance
US-Canada Tariff War Escalates After Collapse of Talks
Bloomberg Markets·August 24, 2026·1 min read
The US implemented a new 50% tax on imports of hundreds of Canadian items including furniture, plastics, plywood and electrical equipment on Saturday, after trade negotiations collapsed. Brian Gardner, chief Washington policy strategist at Stifel, discussed the escalation on Bloomberg Television, highlighting the widening rift between the two nations.
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