U.S. hits Canada with 50% tariffs, invoking a notorious Great Depression law that has never been used before to impose import taxes
- Posted on August 22, 2026
- By Fortune
- 0 Views
- 1 min read
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U.S. hits Canada with 50% tariffs, invoking a notorious Great Depression law that has never been used before to impose import taxes
The import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
