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Saturday, August 29, 2026

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Canada rejects US terms for trade deal as 50 percent tariffs take effect

Canadian Prime Minister Mark Carney pulled his country’s negotiators from trade talks with the U.S. on Friday evening, just hours before the Trump administration’s new round of tariffs were set to go into effect. This decision followed weeks of intense negotiations between the two nations over President Trump’s proposed 50 percent tariffs on over $20…