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SignificantEconomyFox News·Fox News

Trump just expanded his tariff playbook with a powerful trade weapon no president has ever used

President Donald Trump invoked Section 338 of the 1930 Tariff Act for the first time in history. This action imposed 50% tariffs on Canadian goods including wine and hockey sticks.

Impact Score
7/10
Tuesday, July 21, 2026 at 03:08 PM EDT
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