The White House issued an announcement on the 23rd saying that US President Trump signed a document on the same day to adjust the scope of application of additional tariffs on Canadian goods. The relevant adjustments will take effect from October 30, EST. According to information released by the White House, the relevant adjustments were made in accordance with section 338 of the Smoot-Hawley Tariff Act. Products such as plywood, bleached paper, cardboard, and plastic boxes will no longer be subject to an additional 50% ad valorem tariff, while products such as valves and carpets will be subject to 50% ad valorem tariffs. According to several foreign media analysis, Canadian goods exempt from additional tariffs are very important to the US state of Maine. Trump made these adjustments under pressure from the midterm congressional elections to help Republican Senator Susan Collins gain support in Maine's fierce re-election campaign.

Zhitongcaijing · 4d ago
The White House issued an announcement on the 23rd saying that US President Trump signed a document on the same day to adjust the scope of application of additional tariffs on Canadian goods. The relevant adjustments will take effect from October 30, EST. According to information released by the White House, the relevant adjustments were made in accordance with section 338 of the Smoot-Hawley Tariff Act. Products such as plywood, bleached paper, cardboard, and plastic boxes will no longer be subject to an additional 50% ad valorem tariff, while products such as valves and carpets will be subject to 50% ad valorem tariffs. According to several foreign media analysis, Canadian goods exempt from additional tariffs are very important to the US state of Maine. Trump made these adjustments under pressure from the midterm congressional elections to help Republican Senator Susan Collins gain support in Maine's fierce re-election campaign.