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WORLDAug 22 · 12:20 UTCABC7 CHICAGOAP

US imposes 50% tariffs on $20 billion worth of Canadian products, and Canada says it will retaliate

The US imposed 50% tariffs on $20 billion worth of Canadian products. These new tariffs, which target various goods from hockey sticks to wine, went into effect at 12:01 a.m. ET on Saturday. In response, Canada has stated that it will retaliate against the move.

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