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Imposing Additional Duties To Offset Canadian Discrimination Against the Commerce of the United States With Respect to Alcoholic Beverages

ProclamationTariff raisedSigned 07/20Federal Register 07/23Open the original

Summary

President Trump imposes an additional 50% ad valorem duty on certain products of Canada effective 12:01 a.m. eastern time on August 19, 2026. The action is based on Canada's discrimination against U.S. alcoholic beverages, including bans on purchase, distribution, and retailing in Canadian provinces and territories.

By industry

Day by day after the announcement

Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
DayTariffs & Reshoring stocksS&P 500
26/07/170.0%0.0%
26/07/20−0.9%−0.1%
26/07/21+1.6%+0.7%
26/07/22+2.5%+0.4%
26/07/23+5.5%−0.5%
26/07/24+6.3%−0.6%
26/07/27+5.8%−0.5%
26/07/28+7.0%−0.3%
26/07/29+2.9%−1.4%
26/07/30+3.0%−0.0%
26/07/31+3.7%+0.3%
26/08/03+5.2%+2.1%
26/08/04+11.0%+4.0%
26/08/05+12.8%+3.9%
26/08/06+11.2%+3.5%
26/08/07+13.9%+4.1%
26/08/10+14.3%+4.0%
26/08/11+14.4%+3.8%
26/08/12+13.1%+4.0%
26/08/13+11.9%+4.7%
26/08/14+11.5%+4.5%

Korean stocks in these industries

  • Hyundai Steel 004020
  • POSCO Holdings 005490
  • SeAH Steel Holdings 003030

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

  • Kimberly A. Fields

    Sell10b5-1 planAti

    $746K

    Filed 06/24

  • Kimberly A. Fields

    Sell10b5-1 planAti

    $719K

    Filed 06/24

Imposing Additional Duties To Offset Canadian Discrimination Against the Commerce of the United States With Respect to Alcoholic Beverages | Whalegun