Published • loading... • Updated
White House teases new trade action ‘soon’ as it works to re-create global tariff regime
Greer said the measures could cover 99% of U.S. trade and would replace expiring temporary duties after legal setbacks at the Supreme Court.
- On Monday, President Donald Trump signed orders imposing 50 per cent tariffs on a wide array of Canadian goods using Section 338 of the Tariff Act of 1930, ranging from hockey sticks and wine to cement.
- United States Trade Representative Jamieson Greer stated the measure addresses alleged discriminatory practices, citing Canadian bans on U.S. liquor, supply-managed dairy systems, and quotas on specific vehicles.
- Trade analysts suggest the administration uses the statute for leverage; Ryan Majerus noted "it remains uncertain if the tariffs will be applied," with duties taking effect August 19.
- Prime Minister Mark Carney spoke with Trump on Tuesday, agreeing to intensify bilateral trade talks, while premiers are backing urgent negotiations to protect Canadian interests as new 10 per cent duties loom.
- Since this statute has never been used for tariffs before, analysts warn that using Section 338 creates a "vicious cycle that never ends" if countries retaliate, leaving consequences unclear.
Insights by Ground AI
Podcasts & Opinions
201 Articles
201 Articles
The 10% generalised tariffs, introduced in February after the Supreme Court had declared an illegitimate central part of Donald Trump's previous tariff plant, are temporary and expire on Friday 24 July, at the end of the 150 days provided by the legislation used by the White House
·Milan, Italy
Read Full Article
This Friday will see an important deadline for the tariffs imposed by Donald Trump. His government has already promised new ones. Here are answers to the most important questions.
·Frankfurt, Germany
Read Full Article
U.S. Finalizes Approval of New Import Fees to Replace Approved Fees After Supreme Reversal Expired This Week · Global Voices
·Madrid, Spain
Read Full ArticleCoverage Details
Total News Sources201
Leaning Left45Leaning Right31Center46Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 37%
C 38%
R 25%
Factuality
To view factuality data please Upgrade to Premium
