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Canadian tariffs on U.S. milk, perfume, golf clubs and other goods take effect as trade war grinds on

Canada’s steep retaliatory tariffs on $20 billion in U.S. goods took effect just after midnight ET on Tuesday, extending the trade war between the two countries. The Canadian government announced the planned tariffs two weeks ago, after trade negotiations broke down and the Trump administration followed through on a threat to impose 50% duties on…

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The biggest weather risk for homeowners? It’s no longer hurricanes.

Tornadoes, hail and powerful winds linked to climate change now pose a bigger threat to homeowners than floods, hurricanes and other forms of extreme weather, according to new research.  In 2025, insurance payouts from “severe convective storms” (SCS) surpassed those resulting from cyclones, making them the costliest insured natural disasters in the world, climate risk…

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