Trump invokes Smoot-Hawley Act to impose fifty percent Canadian tariffs (business) — The Guardian Australia – Business
The Guardian Australia – Business ·business ·1 hour ago

Trump invokes Smoot-Hawley Act to impose fifty percent Canadian tariffs

Trump invoked the 1930 Smoot-Hawley Tariff Act's Section 338 to impose a 50% tariff on Canadian imports, establishing a precedent that may prove difficult to challenge legally. The statute grants the president broad authority to impose duties whenever he determines the U.S. faces trade disadvantages. Legal experts warn this interpretation could enable sweeping tariffs on any country.

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Published 02 Aug 2026, 12:00 UTC · Updated 02 Aug 2026, 12:10 UTC

Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections