The U.S. just slapped a 50% tariff on over 550 Canadian goods—from honey and makeup to hockey sticks and toilet paper—triggering a furious response from Canada, which vows dollar-for-dollar retaliation. The move, fueled by claims of Canadian trade discrimination, could slash consumer prices and escalate tensions, with threats of even higher tariffs on Canadian cars by 2027. This tit-for-tat trade war is heating up fast, with major economic consequences looming for both nations.
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