Published Aug 25, 2026, 11:46 AM ET · Updated 3 months ago · 1 source

Canadian retaliatory tariffs will exacerbate US inflation and prolong trade war

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Original Report

Canada's retaliatory tariffs could raise prices for US consumers, contributing to already elevated inflation, and such actions would prompt inflationary pressures in the United States, potentially leading to a long-drawn-out trade war.