How Trump plans to continue his trade war with Canada without IEEPA [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
Sectoral tariffs – including those on autos, steel and aluminum – have delivered the harshest blow to Canada. Nathan Denette/The Canadian Press Sectoral tariffs implemented under Section 232 of the U.S. Trade Expansion Act of 1962 – including those on autos, steel and aluminum – have delivered the harshest blow to Canada, because most other products continue to trade tariff-free under a crucial exemption. U.S. Supreme Court rules against Trump's use of emergency powers to impose tariffs After the court shot down his use of tariffs under the International Emergency Economic Powers Act, which have raised more than US$134-billion for government coffers during Mr. Trump's second term, the U.S. President pledged on Friday that he'll enact a new 10-per-cent global tariff to rebuild his trade war policies, although those duties will expire in 150 days unless Congress votes to keep them in place. That makes sector duties a crucial tool as Mr. Trump looks to rebuild his tariff wall for
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