50% tariffs shock North America: Who pays the $67bn bill?

The collapse of last-minute trade negotiations between the U.S. and Canada has triggered a new wave of uncertainty for cross-border supply chains, as Washington imposed steep tariffs on billions of dollars worth of Canadian imports. The 50% tariffs took effect at 12:01 a.m. ET Saturday after talks broke down just hours before a critical deadline. The measures target a wide range of products, including cement, dairy goods, and even hockey equipment, disrupting trade flows between the two nations. Dispute over vehicle tariffs derails negotiations: us-canada tariffs The breakdown followed days…

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