Tag

Section 338

All articles tagged with #section 338

Liberty Justice Center sues to block Trump's 50% Canadian tariffs
politics1 hour ago

Liberty Justice Center sues to block Trump's 50% Canadian tariffs

The Liberty Justice Center filed a lawsuit in the U.S. Court of International Trade challenging President Trump's 50% tariffs on Canadian goods, arguing that the administration's use of Section 338 of the 1930 Tariff Act is unlawful and procedurally flawed. The suit, brought on behalf of New Jersey importer Gellert Global Group, seeks to invalidate the duties and order refunds for affected importers, marking the fourth major legal challenge against Trump's trade policies.

Liberty Justice Center Sues to Block Trump's 50% Canadian Tariffs
politics2 hours ago

Liberty Justice Center Sues to Block Trump's 50% Canadian Tariffs

The Liberty Justice Center filed a lawsuit in the U.S. Court of International Trade challenging President Trump's 50% tariffs on Canadian goods. The suit, brought on behalf of New Jersey importer Gellert Global Group, argues that the administration's use of Section 338 of the 1930 Tariff Act is unlawful and procedurally flawed. The group seeks to have the tariffs declared invalid and demands refunds for duties already paid, marking the fourth major legal challenge against Trump's trade policies.

U.S. Expands Canadian Import Bans to Steel and Furniture as Trade War Escalates
politics-and-policy1 month ago

U.S. Expands Canadian Import Bans to Steel and Furniture as Trade War Escalates

The U.S. government has expanded its trade restrictions on Canada, adding new 50% tariffs to steel, aluminum, furniture, and paper products effective September 15. This move follows the implementation of outright import bans on Canadian alcohol, specific dairy items, and large motorcycles, which took effect on September 29. The administration utilized Section 338 of the Tariff Act of 1930 to justify these measures, citing Canadian discrimination against U.S. commerce. While the White House claims these actions target goods with minimal U.S. market share or available domestic alternatives, the escalation deepens a rift between two economies with deeply integrated supply chains. The latest actions include removing certain items like cement and road salt from tariff lists to ease supply chain pressures, while maintaining threats against Canadian aircraft maker Bombardier and excluding Canadian goods from U.S. government contracts.

U.S. to Ban Canadian Alcohol, Dairy, and Autos in Escalation of Trade War
world1 month ago

U.S. to Ban Canadian Alcohol, Dairy, and Autos in Escalation of Trade War

The U.S. government announced a ban on imports of Canadian alcohol, dairy, motorcycles, and other goods, effective September 29. This move, signed under Section 338 of the Tariff Act of 1930, is a direct response to Canada’s new retaliatory tariffs on U.S. exports. The action marks a significant escalation in the ongoing trade dispute, following the collapse of negotiations in August.

politics2 months ago

Trump pauses 50% Canadian tariffs for three days pending final deal

President Donald Trump paused the implementation of 50% tariffs on approximately $20 billion to $28 billion worth of Canadian goods for three days, citing a preliminary deal. The pause, announced less than two hours before the deadline, allows negotiators to finalize terms on autos, dairy, and alcohol. While Trump claims a deal is reached, Canadian Prime Minister Mark Carney described the move as a postponement, noting that substantial progress has been made but significant work remains. The temporary reprieve averts immediate economic disruption but leaves the long-term status of US-Canada trade uncertain, with key sticking points including auto tariffs and provincial liquor bans.

Trump Revives Hoover-Era Tariff Tactic, Sparking Debate on 1930s Policy
economy2 months ago

Trump Revives Hoover-Era Tariff Tactic, Sparking Debate on 1930s Policy

Trump has revived a rarely used provision—Section 338 of the 1930 Smoot-Hawley Tariff Act—to justify new tariffs on Canadian imports, a move historians and economists say echoes the protectionist era that helped trigger the Great Depression. The White House insists the action is narrow and targeted, not a repeat of Hoover's broad tariffs, but legal experts are divided and warn the measure could face challenges; if courts validate Section 338, the administration could apply tariffs to additional countries.

Trump’s 50% Canada Tariffs Test Resolve as Talks Stall
politics-and-government3 months ago

Trump’s 50% Canada Tariffs Test Resolve as Talks Stall

Trade lawyers say Trump’s plan to impose 50% tariffs on Canadian goods should be treated as a credible threat, with a 30-day window before duties could take effect, and no formal talks yet scheduled to avert them. While officials say discussions are possible, analysts warn a resolution is unlikely amid a strained US-Canada relationship, and the tariffs could apply to goods previously exempt under USMCA; the legality under Section 338 remains unresolved. Businesses should prepare for short-term costs but not rush to overhaul supply chains pending any talks.

Trump hits Canada with 50% tariffs on a wide range of imports
business3 months ago

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.