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President Trump is invoking a provision of the Smoot-Hawley Tariff Act to impose a 50% tariff on select Canadian imports, effective in August. This decision is a response to alleged discrimination against U.S. exports and follows recent limitations on Trump's tariff authority. The tariffs are expected to affect around $20 billion in Canadian goods.
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President Trump is invoking a provision of the Smoot-Hawley Tariff Act to impose a 50% tariff on select Canadian imports, effective in August. This decision is a response to alleged discrimination against U.S. exports and follows recent limitations on Trump's tariff authority. The tariffs are expected to affect around $20 billion in Canadian goods.
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Trump revives dormant Smoot-Hawley authority
Trump Invokes Smoot-Hawley Tariff Authority to Impose Tariffs on Canada