Trump hits Canada with 50% tariffs on a wide range of imports

President Trump has imposed 50% tariffs on a broad range of Canadian imports—nearly $20 billion of goods, including wine, hockey sticks, cement, dairy and more—set to take effect in 30 days. The tariffs rely on Section 338 of the Tariff Act of 1930, targeting what Washington says is discriminatory treatment against US products. They apply regardless of USMCA/CUSMA status, though oil, gas, critical minerals, potash, and goods already under sector-specific tariffs are exempt. Canada has signaled retaliation and a push to modernize CUSMA, while the US cites a sizable 2025 trade deficit with Canada as motivation for the move.