Trump stops taxing American buyers of some Canadian products

Source: Yahoo! Finance

“With an incumbent Maine US senator from his own party locked in a tight reelection battle, President Donald Trump signed an order on Friday to remove 50% tariffs on [American buyers of] some Canadian agricultural and forestry products in a move that could benefit companies from the northern state. The Republican president’s ‌hefty tariffs on Canada have caused friction with the US neighbor to the north while creating problems for American businesses in Maine and other states that rely on certain ‌Canadian goods. … Trump’s order exempted plywood sheets, some paper products, certain machinery and refrigeration equipment, and packing crates and boxes, as well as fresh and dried seaweed, the White House said. The changes take effect on October 30, four days before the election.” (10/23/26)

https://finance.yahoo.com/news/us-expected-remove-50-tariffs-180534074.html