On July 20, local time, the White House issued an announcement stating that the US will impose an additional 50% ad valorem tariff on some Canadian products to deal with “the discriminatory measures taken by Canada against the US in the automobile and auto parts trade.” Allegedly, the new tariffs will take effect at 00:01 a.m. EST on August 19, and will be levied in addition to existing relevant tariffs, taxes, and other charges.

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