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Canada is 5 days away from 50% tariffs taking effect on nearly US$20 billion worth of exports to the United States. The White House invoked the never-before-used Section 338 of the Tariff Act of 1930 to impose duties on more than 400 Canadian products beginning August 19. This directly threatens Canadian jobs in steel, aluminum, lumber, and manufacturing — industries that form the backbone of several provincial economies.
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