Trump taps old tariff tool to slap 50% duties on Canadian goods
TL;DR Summary
Trump announced a 50% tariff on select Canadian imports to take effect in August under Section 338 of the 1930 Smoot-Hawley Tariff Act, targeting about $20 billion in goods as retaliation for Canada's actions and amid questions about the policy's historical impact; the White House says the move is narrow and targeted, reviving a Depression-era tool in a modern trade dispute.
- Trump revives dormant Smoot-Hawley authority Axios
- Trump’s 50% tariff on Canada is a warning to the rest of the world CNN
- Canada's Carney faces tough choice on US trade - fight back or hold steady BBC
- Trump imposes 50% tariffs on Canadian goods NPR
- Trump Escalates Canada Tariffs as Mark Carney Holds Firm The New York Times
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