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Canada trade war risks fresh costs for U.S. consumers and businesses

A tit-for-tat escalation between the U.S. and Canada could add new economic pressure on top of already elevated prices.

Reported · Written up by our desk · Trade & Tariffs

The New York Times Business reports that a trade war between the United States and Canada, despite the two countries being allies, could spill into the broader U.S. economy.

According to the outlet, the policy tit-for-tat approach could create additional headaches for both consumers and businesses that are already dealing with high prices.

The story frames the potential impact as a fresh source of cost pressure that could worsen the economic strain tied to inflationary price levels.

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