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Business & Economics

CHARLEBOIS: Forget 'Elbows Up,' it's 'Wallets Out' for Canadian consumers

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Summary
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77% Informative

Canada has implemented several rounds of 25% counter-tariffs on U.S. goods in retaliation for protectionist measures from the Trump administration.

The surcharges apply to a wide range of imports: Orange juice, peanut butter, wine, beer, coffee, appliances, apparel, tools, cosmetics and other consumer goods.

The agri-food sector is especially vulnerable to these trade frictions.