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Canada retaliation Flash News List | Blockchain.News
Flash News List

List of Flash News about Canada retaliation

Time Details
2025-03-04
21:37
Impact of Tariffs on Canada, Mexico, and China on Cryptocurrency Markets

According to The Kobeissi Letter, President Trump's implementation of 25% tariffs on Canada and Mexico, and 10% tariffs on China, effective at 12:01 AM ET, has led to significant economic tensions. Canada has retaliated with 25% tariffs on up to $155B CAD of US goods and a 25% tax on electricity from Ontario to the US. These actions could influence cryptocurrency markets as investors seek alternative assets to hedge against potential economic volatility.

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