Trump Imposes 50% Tariff on Canadian Imports Using Obscure 1930s Trade Law

President Trump has invoked Section 338 of the Tariff Act of 1930 to levy a 50% tax on $20 billion worth of Canadian goods, sparking debate among legal experts over the statute's modern applicability.

29 Aug, 14:51 — 29 Aug, 14:51

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fortune1d ago

For his latest tariffs, Trump used a statute so obscure many lawyers didn’t even know it still existed. ‘This law is literally a blank canvas’

Trump invoked Section 338 of the Tariff Act of 1930 to slap a 50% tax on $20 billion worth of Canadian imports.

By Paul Wiseman, The Associated Press

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Trump Imposes 50% Tariff on Canadian Imports Using Obscure 1930s Trade Law

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For his latest tariffs, Trump used a statute so obscure many lawyers didn’t even know it still existed. ‘This law is literally a blank canvas’

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