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Canada-U.S. trade talks collapse heightens tariff risk

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Canada's ambassador to the United States, Mark Wiseman, said the negotiations on a Canada–U.S. trade agreement collapsed on the evening of the 22nd after issues remained unresolved on multiple fronts.

ChainCatcher reported that Wiseman indicated the written text of a potential deal differed from what Canada believed had been reached, and that no single issue alone caused the failure. The breakdown has triggered a new round of tariff measures and could escalate the bilateral trade dispute.

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