The U.S. invokes Section 338 to impose 50% tariffs on Canada, covering automobiles, alcoholic beverages, and dairy products
The Office of the U.S. Trade Representative issued a statement saying that Trump had invoked Section 338 of the Tariff Act of 1930 to impose 50% tariffs on Canada in response to discriminatory treatment of U.S. exports. The reasons cited by the U.S. included Canada removing U.S. alcoholic beverages from store shelves, giving EU dairy products more favorable market access, and restricting auto exports to Canada by companies that had reshored to the United States. The three actions target automobiles, alcoholic beverages, and dairy products, respectively, and cover nearly $20 billion worth of Canadian goods exported to the United States. They will take effect in 30 days.
The U.S. invoked Section 338 of the Tariff Act of 1930 to impose 50% tariffs on Canadian goods. Readers can learn which products are covered and about the arrangement for the tariffs to take effect in 30 days.
Source:Office of the United States Trade Representative (USTR) · ustr.gov