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Tariffs Hit Canada; Canada Plans Retaliation — Aug 23, 2026Mark Carney’s argument that middle powers must resist coercion from global powers is being tested as President Trump imposes 50% tariffs on about $20 billion of Canadian goods and Canada pledges dollar-for-dollar retaliation, signaling a potential shift in how allies navigate economic leverage and sovereignty. The dispute highlights how long-standing alliances may offer less protection and could influence Canada’s domestic and international standing as other allies watch the outcome.