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Canada hit with 35% tariff, but USMCA carve-out softens blow

https://www.bloomberg.com/news/articles/2025-07-31/trump-raises-tariffs-on-canada-to-35-but-keeps-usmca-exemption
Trump imposes 35% tariff on Canadian imports citing fentanyl and trade retaliation; USMCA goods exempted, softening economic impact for Canada.

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