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Rolled coils of steel sit in the yard at the ArcelorMittal Dofasco steel plant in Hamilton, Ont. on Thursday, Aug. 20, 2026.

Video. Canada hits US goods with 50% tariffs as trade war escalates

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"We will support our workers, our businesses and our industries with whatever it takes, for as long as it takes," Canadian Finance Minister François-Philippe Champagne said on Tuesday.

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