China, Canada Hit US With Counter Tariffs, Fueling Trade War Fears

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The global trade landscape took another hit as China and Canada retaliated against the latest round of US tariffs, inching the world’s largest economies closer to a full-blown trade war. The crypto market was already under pressure before the retaliatory moves, with assets slipping 12% on Tuesday as investors continued to reassess risk exposure amid growing economic uncertainty. Canada Slaps US Imports with 25% Tariffs Canadian Prime Minister Justin Trudeau announced retaliatory tariffs late Mon...