JUSTTHENEWS (The Center Square Staff) - Trump pauses 50% Canada tariffs ahead of deadline
The Section 338 tariffs were set to take effect at 12:01 a.m. Wednesday but will now be postponed until the end of Aug. 21, according to Carney's office.
THEAMERICANCONSERVATIVE - Trump Imposes New 50 Percent Tariff on Canada
State of the Union: The move targets the Canadian auto, alcohol, and dairy industries. The post Trump Imposes New 50 Percent Tariff on Canada appeared first on The American Conservative .
The Trump administration said Monday that it will impose an additional 50 percent tariff on about $20 billion in Canadian goods, escalating a trade dispute that has simmered between the neighboring countries since the beginning of the president’s term. The new rate, scheduled to take effect next month, will mainly affect the Canadian auto, alcohol, and dairy industries. The White House framed the tariffs as a response to Canadian discrimination against American producers through provincial restrictions targeting those same industries. The duties will apply even to goods that qualify for tariff-free treatment under the U.S.-Mexico-Canada Agreement (USMCA), which President Donald Trump has separately said the U.S. will not renew.…Open