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Home World Canada

Canada is ditching retaliatory tariffs, but relief at the grocery store may take time

26 August 2025
in Canada
0
Canada is ditching retaliatory tariffs, but relief at the grocery store may take time
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Prime Minister Mark Carney announced that Canada will lift retaliatory tariffs on various U.S. goods effective Sept. 1 to rejuvenate trade talks, focusing on items compliant with the CUSMA. The tariffs, initially imposed in response to U.S. tariffs on Canadian exports, affected a wide range of products including food, consumer goods, and machinery, contributing to rising prices for Canadian consumers.

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