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The Economic Times
The Economic Times
National

Trump admin predicts US trade war 'devastating' for Canada

United States Canada Mark Carney Donald Trump

Washington: The Trump administration on Sunday warned that Canada would be "foolish" to think it could win a trade war with the United States, predicting a "devastating" impact on its northern neighbor.

Negotiations between Washington and Ottawa broke down late Friday, putting into force new 50-percent US tariffs impacting about $20 billion worth of Canadian goods, or 5.5 percent of Canadian exports to the United States.

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