{"id":3875,"date":"2026-07-21T11:09:05","date_gmt":"2026-07-21T11:09:05","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=3875"},"modified":"2026-07-21T11:09:05","modified_gmt":"2026-07-21T11:09:05","slug":"trump-to-impose-50-tariffs-on-most-canadian-goods-invoking-the-nuclear-option-that-could-unleash-a-new-wave-of-economic-chaos-and-inflation","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=3875","title":{"rendered":"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation"},"content":{"rendered":"<div>\n<p>The move could unleash a\u00a0new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump\u2019s return to the White House. The administration official previewing the action said that Canada was one of the only nations other than China that retaliated against Trump\u2019s previous tariffs and must be held accountable.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=3873\">Current price of Bitcoin for July 21, 2026<\/a><\/p>\n<p>The official insisted on anonymity on a call with reporters to preview the president\u2019s actions and said that Trump signed three proclamations to launch the tariffs under Section 338 of the 1930 Trade Act. Several Democratic lawmakers last year proposed repealing the section because they said Trump could use it to destabilize the economy.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>The new 50% tariffs would exclude energy products, potash, fish and critical minerals, but they would include goods that had previously been protected from import taxes by the\u00a0United States-Mexico-Canada Agreement, or USMCA. That 2020 trade pact was not renewed by the U.S., triggering a new set of negotiations that could run until 2036.<\/p>\n<p>The White House said in a fact sheet that the tariffs would go into effect in 30 days, meaning there is time for negotiations as Trump has not always followed through on his announced tax hikes on imports.<\/p>\n<p>Still, the tariffs could escalate into a wider trade war as Canada seeks to defend its economy.<\/p>\n<p>The Canadian federal government did not immediately comment on the tariff, but Ontario Premier Doug Ford saw a possible showdown ahead.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>\u201cIf these tariffs proceed, Canada should respond tariff for tariff, dollar for dollar,\u201d Ford posted on social media.<\/p>\n<p>The tariffs also pose a threat to other U.S. trading partners, not just Canada, and inject \u201cmassive uncertainty\u201d into the global economy, said Scott Lincicome, vice president of general economics at the Cato Institute, a libertarian think tank.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>\u201cWe crossed the Rubicon,\u201d Lincicome said. \u201cThe invocation of 338 is the nuclear option for Trump tariffs.\u201d<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>The new tariffs carry serious political and economic risks for Trump ahead of the November midterm elections for control of Congress. His \u201cLiberation Day\u201d tariffs last year in April provoked a financial market meltdown over concerns about inflation and a recession, prompting him to walk back the rates for a period of negotiation.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<p>The Supreme Court\u00a0ruled this February\u00a0that Trump had lacked the legal authority to impose the tariffs by declaring an economic emergency, causing the administration to find alternative ways to raise import taxes based on a series of legal authorities.<\/p>\n<p>Tariffs are taxes on imports, which companies can then pass along to consumers in the form of higher prices. The president maintains that the costs created by tariffs will cause manufacturing to relocate to the U.S., though there is little evidence of that in the economic data.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=3871\">Alliance for America\u2019s Skilled Trades: Skilled trades shaped America\u2019s past. Here\u2019s how they can build America\u2019s future<\/a><\/p>\n<p>The latest import taxes could worsen\u00a0Trump\u2019s weak ratings on the economy. He promised voters when running for the presidency that he would bring prices down, but the annual inflation rate has risen since he became president because the tariffs and the war in Iran are pushing up oil prices.<\/p>\n<p>The Trump administration official said the president had also requested that his aides look into additional tariffs on Canada because its wildfires hurt air quality in the U.S. He had publicly threatened to do so in social media posts.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<p>At the World Cup final on Sunday, Trump watched the game with Canadian Prime Minister Mark Carney, who has openly challenged the U.S. president and has sought to expand Canada\u2019s trade relations with other nations. The Trump administration official said their time together at the game was not a working visit to discuss trade and tariffs.<\/p>\n<p>Trump claims in the proclamations that Canada discriminates against American autos, alcohol and cheese relative to other nations, but his argument rests in large part on retaliatory actions taken by Canada after the U.S. president imposed tariffs on Canada under the pretext that it should do more to stop fentanyl smuggling.<\/p>\n<p>Trump noted in his autos proclamation that Canada maintained, starting in April 2025, a 25% tariff on the imports of U.S. motor vehicles that did not qualify for preferential treatment under the USMCA.<\/p>\n<p>The White House said regarding alcohol that all but two Canadian provinces and territories halted the purchase and retailing of American alcoholic beverages beginning last year, which was also a response to Trump\u2019s tariffs and taunts of making Canada the 51st state.<\/p>\n<div>\n<div><\/div>\n<\/div>\n<p>But Trump has long objected to Canada\u2019s treatment of U.S. cheese, saying in his proclamation that Canada discriminates against the U.S. compared to Europe on dairy products.<\/p>\n<p>Trump and Carney have had a frosty relationship, with Carney, a former central banker, who pledged to stand up for Canada during his election campaign last year.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>At the World Economic Forum in Davos, Switzerland, in January, Carney called out Trump \u2014 without naming him \u2014 by saying that the \u201cmost powerful\u201d countries are using the economy to coerce less powerful nations.<\/p>\n<p>Trump responded at the time by saying: \u201cCanada lives because of the United States.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=3869\">Mark Cuban says he has the solution to growing income inequality, and it\u2019s to reward every employee\u2014from CEO to janitor\u2014with company stock<\/a><\/p>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trump signed three proclamations to launch the tariffs under Section 338 of the 1930 Trade Act.<\/p>\n","protected":false},"author":1,"featured_media":3874,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tariffs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=3875\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation - Cross Country Moving Team\" \/>\n<meta property=\"og:description\" content=\"Trump signed three proclamations to launch the tariffs under Section 338 of the 1930 Trade Act.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crosscountrymovingteams.com\/?p=3875\" \/>\n<meta property=\"og:site_name\" content=\"Cross Country Moving Team\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-21T11:09:05+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"headline\":\"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation\",\"datePublished\":\"2026-07-21T11:09:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875\"},\"wordCount\":922,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/0e9981e6384f039d2f626e2c6b2d288d.webp\",\"articleSection\":[\"Tariffs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875\",\"name\":\"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation - Cross Country Moving Team\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/0e9981e6384f039d2f626e2c6b2d288d.webp\",\"datePublished\":\"2026-07-21T11:09:05+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#primaryimage\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/0e9981e6384f039d2f626e2c6b2d288d.webp\",\"contentUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/0e9981e6384f039d2f626e2c6b2d288d.webp\",\"width\":1200,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=3875#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#website\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/\",\"name\":\"Cross Country Moving Team\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/crosscountrymovingteams.com\"],\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation - Cross Country Moving Team","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/crosscountrymovingteams.com\/?p=3875","og_locale":"en_US","og_type":"article","og_title":"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation - Cross Country Moving Team","og_description":"Trump signed three proclamations to launch the tariffs under Section 338 of the 1930 Trade Act.","og_url":"https:\/\/crosscountrymovingteams.com\/?p=3875","og_site_name":"Cross Country Moving Team","article_published_time":"2026-07-21T11:09:05+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/crosscountrymovingteams.com\/?p=3875#article","isPartOf":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=3875"},"author":{"name":"admin","@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa"},"headline":"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation","datePublished":"2026-07-21T11:09:05+00:00","mainEntityOfPage":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=3875"},"wordCount":922,"commentCount":0,"image":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=3875#primaryimage"},"thumbnailUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/0e9981e6384f039d2f626e2c6b2d288d.webp","articleSection":["Tariffs"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/crosscountrymovingteams.com\/?p=3875#respond"]}]},{"@type":"WebPage","@id":"https:\/\/crosscountrymovingteams.com\/?p=3875","url":"https:\/\/crosscountrymovingteams.com\/?p=3875","name":"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation - Cross Country Moving Team","isPartOf":{"@id":"https:\/\/crosscountrymovingteams.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=3875#primaryimage"},"image":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=3875#primaryimage"},"thumbnailUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/0e9981e6384f039d2f626e2c6b2d288d.webp","datePublished":"2026-07-21T11:09:05+00:00","author":{"@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa"},"breadcrumb":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=3875#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/crosscountrymovingteams.com\/?p=3875"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/crosscountrymovingteams.com\/?p=3875#primaryimage","url":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/0e9981e6384f039d2f626e2c6b2d288d.webp","contentUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/0e9981e6384f039d2f626e2c6b2d288d.webp","width":1200,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/crosscountrymovingteams.com\/?p=3875#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/crosscountrymovingteams.com\/"},{"@type":"ListItem","position":2,"name":"Trump to impose 50% tariffs on most Canadian goods, invoking the \u2018nuclear option\u2019 that could unleash a\u00a0new wave of economic chaos and inflation"}]},{"@type":"WebSite","@id":"https:\/\/crosscountrymovingteams.com\/#website","url":"https:\/\/crosscountrymovingteams.com\/","name":"Cross Country Moving Team","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/crosscountrymovingteams.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/crosscountrymovingteams.com"],"url":"https:\/\/crosscountrymovingteams.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts\/3875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3875"}],"version-history":[{"count":0,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts\/3875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/media\/3874"}],"wp:attachment":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}