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 ...

just when you think there's a quiet moment, tariffs are always going to come back into the picture. So, it was only a matter of time before this popped back up again. But the big underlying irritance is that Canada hasn't yet come to the table with the USMCA review talks.It's been entirely just the US and Mexico up until this point. Um, and so to my understanding, it seems like the US really wanted something to pressure Canada to concede some of the irritants, whether it be with um, some of the provinces st ...