gopal sanatani
US President Donald Trump has imposed a 50% additional tariff on Canadian goods by invoking the 100-year-old Section 338 of the Smoot-Hawley Tariff Act of 1930. The move targets over $20 billion worth of products including cement, wine, and furniture, citing discriminatory trade practices by Canada against US auto and dairy sectors. While energy and critical minerals are temporarily exempt, the decision has sparked fears of a global trade war and supply chain disruptions. The tariffs are set to take effect from August 19.
https://www.newscontinuous.com/international/trump-canada-tariff-100-year-old-law-trump-attacks-canada-with-50-tariff-invokes-100yearold-smoothawley-law-citing-discrimination/