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US imposes 50 percent tariffs on $20bn in Canadian goods after talks fail
Canadian Prime Minister Mark Carney says Ottawa will impose retaliatory tariffs "dollar for dollar" after trade talks with the US fail. "$20bn worth of Canadian goods hit with 50 percent tariffs" "About 5 percent of Canadian exports to the US affected" "Deadline expired at 12:01am Eastern Time (04:01 GMT) Saturday" "Three days of talks in Washington, DC" Canada's retaliation targets US steel, dairy, appliances, agricultural machinery, paper and electronics US response (Jamieson Greer): He called it "a missed opportunity for Canada to partner with the United States" and said Canada's "new demands and walkbacks" upset the balance.