Latest Trade Dispute News & Updates

Trump Imposes 50% Tariff on Canadian Products Over Trade Dispute

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Washington, July 21 (IANS) President Donald Trump imposed an additional 50 per cent tariff on hundreds of Canadian products, accusing Ottawa of discriminating against American exports of automobiles, alcoholic beverages and dairy products, in a major escalation of trade tensions between the two North American neighbours.Invoking Section 338 of the Tariff Act of 1930, Trump signed three separate proclamations imposing the new duties on selected Canadian imports. The White House said the action wa…