Neighbor Tax

At 12:01 a.m. Eastern on Saturday, August 22, 2026, the United States began collecting an additional 50 percent duty on specified products of Canada - the first time a president has used Section 338 of the Tariff Act of 1930 to impose tariffs. The legal findings name dairy, alcohol, and motor vehicles. The customs lists run much wider: hundreds of tariff lines, about $20 billion a year, and no exe...