BUSINESSDAWN
US imposes new 50pc tariffs on $20bn worth of Canadian products
The US imposed 50% tariffs on $20 billion of Canadian imports, citing discriminatory practices against American goods. The tariffs, effective in 30 days, target products like wine, cement, and hockey gear under Section 338 of the Tariff Act of 1930. Canada's government criticized the move, offering proposals to resolve disputes and accusing Trump of violating trade agreements.
Mentioned
Related Signal
Adjacent reporting
- U.S. to slap 50% tariffs on Canadian goods
- Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
- US imposes new 50% tariff on many Canadian goods
- Trump imposes 50% US tariffs on some Canadian goods, citing discrimination
- Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
- Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese