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Section 338

All articles tagged with #section 338

Trump’s 50% Canada Tariffs Test Resolve as Talks Stall
politics-and-government2 hours 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
business5 hours 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.