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Canada is launching 25 per cent tariffs on all vehicles imported from the United States that are not compliant with CUSMA, Prime Minister Mark Carney announced Thursday. Vehicle parts are exempt.
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Oil tumbled the most since 2023 after enduring a twin hit from U.S. President Donald Trump’s trade tariffs and an OPEC+ decision to increase output faster than previously announced.
Financial markets around the world are reeling Thursday following U.S. President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market is taking the worst of it so far.
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