Trump Imposes 50% Tariffs on Canadian Goods Over Trade Discrimination Claims

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Source: CNBC
Trump Imposes 50% Tariffs on Canadian Goods Over Trade Discrimination Claims
Photo: CNBC
TL;DR Summary

President Trump signed three proclamations slapping 50% tariffs on a broad set of Canadian imports under Section 338 of the Tariff Act, in response to alleged trade discrimination against U.S. products; the measures cover items from motor vehicles and dairy to wine, hockey sticks, and cement, and will take effect 30 days after signing as the U.S. seeks to level the playing field for American exports.

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