Canada's Tariff Clock Ticks Down: 50% U.S. Duties Loom as Inflation Hits 3%

The deadline is here: 50% U.S. tariffs on roughly $20 billion of Canadian goods take effect Wednesday, with negotiators still far apart on a deal. U.S. President Donald Trump invoked Section 338 of the 1930 Tariff Act to hit Canadian exports ranging from wine and dairy to furniture and hockey equipment with punitive duties. This week, Canada's trade minister Dominic LeBlanc and chief negotiator Janice Charette stayed in Washington over the weekend in a...