Business
Monday, 7/20, 11:04 PM
Trump sets a 50 percent tariff on many Canadian goods under a 1930 law
- The duty takes effect in 30 days and covers dairy, alcohol, building materials, furniture, clothing, technology and car parts.
- Energy, fish, potash and critical minerals are exempt.
- The administration cites Section 338 of the Tariff Act of 1930 and calls it the highest rate that law allows.