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Home›Global Markets›Trade & Tariffs›Trump says 50% tariffs on Canada will begin Aug. 19

Trump says 50% tariffs on Canada will begin Aug. 19

The proposal would escalate an ongoing Canada-US trade dispute by raising the tariff level to 50% starting on Aug. 19, according to the president.

The New York Times reports that President Trump said punitive tariffs of 50% on Canada would begin on Aug. 19.

The planned increase marks a major escalation of the trade war between the United States and Canada that began more than a year ago.

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