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US Modifies Canada Tariff List to Exempt Plywood and Target Other Imports
The US revised its 50% Section 338 tariffs on Canadian imports, exempting materials like plywood while adding new goods including carpets and air conditioners.
U.S. President Donald Trump signed a proclamation adjusting 50% tariffs on Canadian goods effective Oct. 30. The update removes duties on items such as plywood, select industrial machinery, and certain packaging materials, but adds carpets, cocoa powder, and air conditioners. Meanwhile, an importer filed a lawsuit in the Court of International Trade challenging the legality of invoking Section 338 of the Trade Act of 1930.
Key takeaways
- Starting Oct. 30, Canadian plywood, industrial machinery, and packaging will be exempt from the 50% tariff, while products like carpets and air conditioners face new levies.
- A lawsuit filed by Liberty Justice Center for Gellert Global Group asks the Court of International Trade to halt tariff collection and mandate refunds, questioning Section 338 usage.
Source：Construction Dive Read the original ↗
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