A 50% tariff shock: broken trust or bargaining tactic?
Washington invoked rarely used Section 338 to levy 50% duties on about $20 billion of Canadian imports, and Ottawa plans matching counter-tariffs from September 8.
After talks collapsed late Aug. 21, Washington invoked the rarely used Section 338 to impose 50% tariffs on roughly $20 billion of Canadian imports; Ottawa suspended negotiations and vowed dollarfo...