Trade talks between the U.S. and Canada just collapsed, sending shockwaves across the border economy. A deal expected to close by Friday didn’t materialize, triggering 50% tariffs on $20 billion in Canadian goods — from beer to hockey sticks. While Trump claimed a breakthrough earlier, U.S. officials say Canada walked away with new demands, while Ottawa accuses Washington of last-minute unfair changes. Both sides are now retaliating tariff-for-tariff, creating chaos for businesses and consumers alike, especially in auto manufacturing. With negotiations stalled and uncertainty mounting, all eyes are on whether cooler heads can find common ground before things spiral further.
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