Trump Hits Canada with New Tariffs Congress May Be Powerless to Stop
Trump says the levy covers wine, hockey sticks and cement, while legal experts question whether the 96-year-old law allows it.
- On Monday, President Donald Trump announced a 50 percent tariff on Canadian imports, citing perceived "unequal treatment" of U.S. vehicles, dairy, and alcohol.
- Trump is relying on Section 338 of the Tariff Act of 1930, which permits tariffs when countries discriminate against U.S. goods, though legal analysts question if a formal investigation is required.
- Canada imposed a 25% levy on $21.7 billion of U.S. goods in response, while Federal Reserve Bank analysis found that nearly 90 percent of the tariffs' economic burden fell on U.S. firms and consumers.
- Legal experts anticipate challenges, noting the Supreme Court previously ruled the president lacked "clear congressional authorization" for broad tariff powers, forcing the administration to issue billions in refunds.
- These tariffs are set to take effect in 30 days, with economists warning the administration may be testing whether this 1930 law could be used to impose tariffs on other countries in the future.
21 Articles
21 Articles
Democrats consider legislative response to Trump’s Canada tariffs
Congressional Democrats are looking at ways to rein in President Trump’s tariff authority after his administration on Monday announced it would impose 50 percent tariffs on Canada using a never-before-used provision of a nearly 100-year-old trade law. Trump on Monday signed three proclamations to impose 50 percent tariffs on about $20 billion worth of Canadian products under Section 338 of the Tariff Act of 1930; the tariffs will take effect in …
Trump fires warning shot at Canada: 'They need us to survive'
President Donald Trump once again took aim at Canada after reigniting his feud with America's neighbor to the north, claiming "they need us to survive" during an Oval Office event on Wednesday.Trump this week escalated his long-simmering feud with Canada after wildfires in the country blanketed much of the American Northeast and Midwest in dangerous levels of smoke, an occurrence becoming more common with the advance of climate change. Holding C…
The US President escalates the dispute with the neighbouring country once again. However, it still has to be seen whether the new tariffs will really enter into force.
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