Trump signs proclamations imposing additional 50% tariffs on Canadian goods

Canada says Mark Carney and Donald Trump agreed to accelerate trade talks as the Aug. 19 tariffs approach, while U.S.-Mexico USMCA revision talks proceed in Mexico City without Canada.

1d ago

Summary

President Donald Trump’s additional 50% tariffs on a broad range of Canadian goods remain due to take effect on Aug. 19, even as Canadian Prime Minister Mark Carney said he and Trump agreed to speed up trade talks to try to resolve the dispute. The White House said the proclamations, issued under Section 338 of the Tariff Act of 1930, target nearly $20 billion of Canadian imports and respond to what Washington calls discriminatory Canadian treatment of U.S. autos, alcohol and dairy products, as well as retaliation against earlier U.S. tariffs. At the same time, U.S. and Mexican negotiators opened a third bilateral round of USMCA revision talks in Mexico City without Canada, underscoring a widening split in North American trade policy.

Terms & Concepts

Section 338 of the Tariff Act of 1930: A U.S. trade law provision allowing punitive tariffs of up to 50% on countries deemed to discriminate against American goods.
United States-Mexico-Canada Agreement: The North American trade pact that governs trade rules among the United States, Canada and Mexico.
Section 232 tariffs: U.S. import duties imposed on national security grounds under Section 232 of the Trade Expansion Act.