U.S. Imposes 50% Tariffs on $20B in Canadian Goods Under Rare Section 338 Authority
The U.S. imposed a 50% tariff on $20 billion in Canadian goods, including dairy, vehicles, and alcoholic beverages, citing Canada’s discriminatory trade practices. This marks the first use of Section 338 of the Tariff Act in nearly 70 years, escalating trade tensions under the USMCA. The move follows a 22% drop in U.S. motor vehicle exports to Canada amid pre-existing trade disputes.
NewsTriggers Staff
