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International Business Times
International Business Times
Business

Trump Doubles Down On Canada Trade War

US President Donald Trump's 25 percent tariffs on steel and aluminum return mid-week, and he has promised further reciprocal levies as soon as April 2 (Credit: AFP)

US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" its auto industry and saying the best way to end the trade war was for Washington's ally to be absorbed into the United States.

Trump's shock new threats came hours before a midnight deadline for ramping up the Republican's increasingly global trade offensive.

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