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Canada will place counter-tariffs on more than 700 products made in the US as retaliation for a new set of import taxes by the White House.

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Canadian officials said they would match new tariffs imposed by President Trump "dollar-for-dollar, rate-for-rate." Canada will double existing counter-tariffs on US steel and aluminum to 50% and levy new 15%-50% tariffs on $20 million worth of US goods.