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President Donald Trump said on July 20 that he will impose a 50 percent tariff on certain Canadian goods in retaliation for discrimination against U.S. alcohol, cars, and dairy.
It comes as the administration has been pushing for substantive reforms to the U.S.-Mexico-Canada Agreement, also known as the USMCA, and opted not to renew the deal beyond 2036 earlier this month.
Here is what to know about Trump’s 50 percent tariff on America’s neighbor to the north.
Inside the New Tariffs
The president signed three orders that will impose a 50 percent levy on almost $20 billion in Canadian goods, covering hundreds of products….
It comes as the administration has been pushing for substantive reforms to the U.S.-Mexico-Canada Agreement, also known as the USMCA, and opted not to renew the deal beyond 2036 earlier this month.
Here is what to know about Trump’s 50 percent tariff on America’s neighbor to the north.
Inside the New Tariffs
The president signed three orders that will impose a 50 percent levy on almost $20 billion in Canadian goods, covering hundreds of products….
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