Trump Reaches For A 1930 Tariff Law To Hit Canada With 50% Duties - But Not On These Items

President Donald Trump signed three proclamations Monday imposing an additional 50 percent tariff on a broad list of Canadian goods, accusing Canada of discriminating against American dairy, alcohol, and auto exports. The White House said the president was acting to hold Canada accountable for what it called "continued discrimination" against U.S. commerce, according to The Epoch Times. The duties take effect in 30 days.

American whiskey is seen on the shelves of a SAQ liquor store in Montreal on March 4, 2025. The Canadian Press/Christinne Muschi

This is not a blanket levy on everything crossing the northern border, and what got left out is as revealing as what got hit. Oil - of which Canada is the largest foreign supplier to American refineries - is exempt. So is potash, the fertilizer input U.S. farmers depend on and cannot readily source elsewhere. Fish and critical minerals are out. So are goods already carrying national-security tariffs, including steel and many auto parts, per the White House fact sheet.

What remains is still enormous. The covered list runs from milk and cream to alcohol, hockey equipment, food products, construction materials, clothing, furniture, technology, and car parts, ABC News READ MORE AT SOURCE »

Originally reported by ZeroHedge News
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