Trump Trade: Trump imposes additional tariffs on some Canadian goods
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled. TARIFFS ON CANADIAN GOODS: The White House is imposing additional 50% tariffs on a number of Canadian goods in response to what the Trump administration calls trade discrimination against multiple U.S. products and industries. President Trump signed three proclamations targeting different sets of Canadian imports with big duties in response three separate areas, namely motor vehicles, alcohol, and dairy, where the U.S. claims it has been treated unfairly. The new tariffs, which have been laid out in multiple proclamations, are slated to take effect on August 19. ALUMINUM SMELTER INCENTIVE: The White House announced that President Donald Trump signed a proclamation using his authority under Section 232 of the Trade Expansion Act of 1962 to "address the national security threat posed by imports of aluminum into the United States and drive new investment into the U.S. aluminum industry." The White House stated, "The Proclamation authorizes and directs the Secretary of Commerce to establish an.
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled.
TARIFFS ON CANADIAN GOODS: The White House is imposing additional 50% tariffs on a number of Canadian goods in response to what the Trump administration calls trade discrimination against multiple U.S. products and industries.
President Trump signed three proclamations targeting different sets of Canadian imports with big duties in response three separate areas, namely motor vehicles, alcohol, and dairy, where the U.S. claims it has been treated unfairly.
The new tariffs, which have been laid out in multiple proclamations, are slated to take effect on August 19.
ALUMINUM SMELTER INCENTIVE: The White House announced that President Donald Trump signed a proclamation using his authority under Section 232 of the Trade Expansion Act of 1962 to "address the national security threat posed by imports of aluminum into the United States and drive new investment into the U.S. aluminum industry." The White House stated, "The Proclamation authorizes and directs the Secretary of Commerce to establish an.