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Politics🇺🇸 🇨🇦6 sources· 8 hours ago

Trump hit most Canadian goods with 50% tariffs over trade disputes

Why it matters: The levies start in 30 days, cover some goods once shielded by USMCA, and could widen a new U.S.-Canada trade war.

President Donald Trump imposed 50% tariffs on most Canadian goods on Monday, targeting imports tied to disputes over autos, alcohol and dairy. The White House used Section 338 of the Tariff Act of 1930, a power that has gone largely unused for decades, to issue three proclamations covering separate product groups. Administration officials said the duties take effect in 30 days. The measures exclude energy products, potash, fish and critical minerals, but they reach some goods that had previously been protected under the United States-Mexico-Canada Agreement. Ontario Premier Doug Ford urged Ottawa to answer “tariff for tariff, dollar for dollar,” signaling the move could deepen the trade fight between the two countries.

Sources

  • The New York TimesTier 180% reliableRead30 hours ago
  • BloombergTier 180% reliableRead8 hours ago
  • CNBCTier 180% reliableRead45 hours ago
  • PBS NewsHourTier 185% reliableRead45 hours ago
  • The HillTier 270% reliableRead31 hours ago
  • AxiosTier 272% reliableRead27 hours ago

Subjects

Trump hit most Canadian goods with 50% tariffs over trade disputes — Veloxia Global News