Trump Signs 50% Tariffs on Canada Goods
President Trump signed orders placing 50% tariffs on some Canadian goods. The tariffs will start in 30 days.
They do not apply to energy products fish and critical minerals. The tariffs also cover goods once protected by a US-Mexico-Canada trade deal.
This includes wine and hockey sticks. It also includes cement and milk products.
The White House said Canada treats US alcohol cars and dairy products unfairly. It called this the reason for the tariffs.
Reports say Trump signed three orders using a rarely used trade law from 1930. Leaders say the tariffs cover about $20 billion in Canadian goods.
This is separate from Trump's earlier tariff threats linked to wildfires. The move follows the US decision not to renew the trade pact with Canada and Mexico.
Ontario's top leader Doug Ford said Canada should respond equally. He said Canada should match tariffs and match costs dollar for dollar.
Key Terms 3
- tariffs Extra taxes governments add to goods brought in from other countries.
- United States-Mexico-Canada Agreement A trade deal between the three countries reducing costs on shared goods.
- Section 338 of the Tariff Act of 1930 An old US law letting presidents penalize countries seen as treating US goods unfairly.