Lawsuit challenges Trump's 50% tariffs on Canadian goods
A lawsuit filed in the US Court of International Trade argues the White House exceeded its authority in imposing tariffs on Canadian goods under Section 338 of the Tariff Act of 1930, causing harm to US businesses. Sources told CBC that hopes of a Canada-US trade deal before the US midterms have faded.
Why it matters
The case could affect tariffs on trade between two of the world's most closely integrated economies.
Background
The US and Canada have been in a trade dispute since the Trump administration imposed tariffs on Canadian goods. Courts have previously been asked to rule on the legal basis of several of these tariffs.
The story so far
- Lawsuit challenges Trump's 50% tariffs on Canadian goods
- Lawsuit challenges US tariffs on Canada as trade deal hopes fade
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Sources
- CNBC ↗Oct 20, 2:06 PM ET
- CBC News ↗Oct 20, 3:59 PM ET
- BBC News ↗Oct 20, 3:30 PM ET
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