Trump imposing 50% tariffs on certain Canadian goods over alleged trade discrimination
The duties target about $20 billion in imports and exclude energy, potash, fish and critical minerals, officials said.
- On Monday, President Donald Trump announced a 50 percent tariff on Canadian imports, citing perceived "unequal treatment" of U.S. vehicles, dairy, and alcohol.
- Trump is relying on Section 338 of the Tariff Act of 1930, which permits tariffs when countries discriminate against U.S. goods, though legal analysts question if a formal investigation is required.
- Canada imposed a 25% levy on $21.7 billion of U.S. goods in response, while Federal Reserve Bank analysis found that nearly 90 percent of the tariffs' economic burden fell on U.S. firms and consumers.
- Legal experts anticipate challenges, noting the Supreme Court previously ruled the president lacked "clear congressional authorization" for broad tariff powers, forcing the administration to issue billions in refunds.
- These tariffs are set to take effect in 30 days, with economists warning the administration may be testing whether this 1930 law could be used to impose tariffs on other countries in the future.
749 Articles
749 Articles
The US just imposed new tariffs on Canada. Here’s why they may not work.
The latest escalation in the US-Canadian tariff standoff highlights the limits of using trade restrictions as a negotiating tool—and the risks of getting trapped in a cycle of retaliation. The post The US just imposed new tariffs on Canada. Here’s why they may not work. appeared first on Atlantic Council.
Mark Carney says Ottawa will seek a negotiated solution, as trade tension with Washington grows.
Donald Trump Finds New Tariff Workaround After Supreme Court Setback
Photo Credit: Photo by Andrew Harnik/Getty Images President Donald Trump has moved to a new strategy to revive his tariff agenda. This move comes after the U.S. Supreme Court ruled that Trump’s tariffs exceed presidential authority. Donald Trump is using older trade laws to impose new Canada and Brazil tariffs In February, the Court held in Learning Resources, Inc. v. Trump that the International Emergency Economic Powers Act (IEEPA) does not a…
Trump has announced 50 percent tariffs for Canada. Food and beverages are particularly affected. What this means for US Americans.
Trump’s Two Wars Could Be Fatal for Republicans
One of my favorite “what-if” moments in recent political history is from January 2021. No, not Trump’s second impeachment trial — though that is a fascinating one. It’s from the days surrounding Trump’s lonely departure from Washington after Joe Biden’s inauguration, when he was reportedly giving serious thought to starting a new political party called the “Patriot Party.”Unlike other people who have thought about starting a third party, like An…
Coverage Details
Bias Distribution
- 42% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
