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Trade Policy

US 50% Section 338 Tariffs on Canadian Goods Take Effect Aug 19 With No USMCA Carve-Out

Source: Reuters · 2026-08-04
Summary

Three proclamations signed July 20 impose an additional 50% ad valorem duty on roughly $20bn of Canadian imports from August 19, spanning more than 550 HTS subheadings tied to motor vehicles, dairy and alcoholic beverages. Goods otherwise eligible under USMCA get no exemption; energy, potash, fish and critical minerals are excluded.

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