Canadian leaders respond to Trump imposing 50% tariffs on certain goods

President Trump is using this unusual tariff authority to impose significant new duties on Canadian imports. The president signed three proclamations yesterday pursuant to section 338 of the Tariff Act of 1930 to impose additional 50% tariffs on certain goods coming from Canada ranging from wine to hockey sticks to cement. These new tariffs will take effect 30 days after the signing.Section 338 has been on the books for years and decades even, but it hasn't been used to enact tariffs. So, we can expect this ...