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Mar 12 2025POLITICS

Trade Tensions Escalate: Canada Hits Back with Tariffs

Canada has just announced a new round of tariffs on U. S. goods. This move comes as a response to the recent tariffs imposed by the U. S. on steel and aluminum. The Canadian government has decided to impose a 25% tariff on over 21 billion dollars worth of U. S. goods. This includes a wide range of p

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Mar 12 2025POLITICS

Trump and Canada's Metal Tariff Tussle

Canada and the United States have been in a heated exchange over metal tariffs. This is not the first time the two countries have had a disagreement over trade. The latest round of tensions started when Trump announced a 50% tariff on Canadian steel and aluminum. This was a big deal because it was

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Mar 12 2025POLITICS

Steel and Aluminum Tariffs: A Double-Edged Sword for America

The United States is set to impose hefty tariffs on steel and aluminum imports. This move, led by the president, aims to protect domestic metal producers. The tariffs, set at 25% for steel and aluminum, could significantly impact American companies that rely on these metals. Automakers, construction

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Mar 12 2025FINANCE

Trump's Tariff Talk Triggers Market Turbulence

Trump's recent threats of steep tariffs against Canada sent shockwaves through the market on Tuesday. Investors were left in a state of confusion. Stocks initially dropped sharply before recovering some losses by the end of the day. The S&P 500 index hit a low point, falling 1. 5 percent before c

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Mar 12 2025POLITICS

Power Play: Ontario Backs Down on Electricity Surcharge

In a surprising turn of events, Ontario's Premier Doug Ford decided to pause a planned 25% surcharge on electricity exports to the U. S. This move came after a conversation with U. S. Commerce Secretary Howard Lutnick. The two leaders agreed to step back and let cooler heads prevail in the escalatin

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Mar 12 2025BUSINESS

Small Businesses in a Spin: What's Going On?

In the United States, small businesses are feeling the heat. The National Federation of Independent Business's Uncertainty Index hit its second-highest level since 1973. This means small business owners are worried about the economy's future. The share of respondents who think it's a good time to ex

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Mar 12 2025BUSINESS

Almond Farmers Face a Double Whammy

California's almond farmers are facing a tough situation. They are used to dealing with unpredictable weather and water supplies. Yet, they now face another challenge: trade battles. The U. S. government has imposed tariffs on various countries. This could affect where almonds are sold and impact th

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Mar 11 2025FINANCE

Trump's Tariff Threats Shake Up Global Markets

On Tuesday, the stock market took a hit. Investors were left scratching their heads over President Trump's latest tariff threats. This time, Canada was in the crosshairs. The S&P 500 index dipped almost 1 percent, adding to Monday's losses, which was the worst day of the year so far. The tech-focuse

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Mar 11 2025POLITICS

Steel and Aluminum Tariffs Skyrocket

A recent announcement has made waves in the global market. The United States has decided to hike up the tariffs on steel and aluminum imports from Canada by an additional 25%. This move brings the total duties to a whopping 50%. This decision comes as a response to Ontario's recent 25% tax on ele

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Mar 11 2025BUSINESS

Trump's Tariff Tumbles: Will They Shake Up the Economy?

The past few weeks have been a rollercoaster ride for the economy. Tariffs with Canada and Mexico have been all over the place. There have been cuts to the federal workforce and fears of a government shutdown. And let's not forget the stock market's wild ride. The Dow Jones Industrial Average took a

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