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CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets


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Published in Politics and Government on by CNBC   Print publication without navigation

The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.

The article from CNBC Daily Open discusses the ongoing trade tensions between the U.S. and Canada, focusing on the recent skirmish over tariffs. The U.S. has imposed new tariffs on Canadian softwood lumber, escalating trade disputes that have been simmering for years. This move has not only roiled markets but also strained the traditionally friendly economic relations between the two neighbors. The article highlights how these tariffs are part of a broader pattern of protectionist policies under the current U.S. administration, impacting various sectors and potentially leading to retaliatory measures from Canada. The situation has introduced uncertainty in the markets, with investors and businesses on both sides of the border watching closely as negotiations and potential resolutions are sought.

Read the Full CNBC Article at:
[ https://www.msn.com/en-us/politics/government/cnbc-daily-open-the-u-s-and-canada-skirmish-over-tariffs-roiling-markets/ar-AA1AJ0Rl ]

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