Modifying the Scope of Products of Canada Subject to the Additional Duties Imposed To Offset Canadian Discrimination Against the Commerce of the United States With Respect to Motor Vehicles
ProclamationTariff cut or exemptionSigned 09/08Federal Register 09/14Open the original
Summary
President Trump divides certain products of Canada into products that remain subject to the additional 50% duty under Proclamation 11048 and products that are no longer subject to it. The change applies to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern time on September 15, 2026.
By industry
- Tariffs & Reshoring1 trading day−0.2%p15 stocks5 trading days−6.5%p15 stocks
“certain products of Canada, as set forth in Annex I, Part B to this proclamation, imported into the United States shall no longer be subject to the additional ad valorem duty of 50 percent imposed pursuant to Proclamation 11048”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 26/09/04 | 0.0% | 0.0% |
| 26/09/08 | −0.7% | −0.5% |
| 26/09/09 | −1.6% | −1.0% |
| 26/09/10 | −4.2% | −1.5% |
| 26/09/11 | −4.2% | −0.7% |
| 26/09/14 | −7.7% | −1.1% |
| 26/09/15 | −7.6% | −1.5% |
| 26/09/16 | −6.9% | −1.8% |
| 26/09/17 | −5.7% | −1.0% |
| 26/09/18 | −8.1% | −0.9% |
| 26/09/21 | −8.8% | +0.5% |
| 26/09/22 | −7.3% | +0.4% |
| 26/09/23 | −7.7% | −0.3% |
| 26/09/24 | −8.2% | −0.4% |
| 26/09/25 | −8.4% | +0.2% |
| 26/09/28 | −9.6% | −0.6% |
| 26/09/29 | −11.0% | −0.6% |
| 26/09/30 | −11.3% | −0.7% |
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.
- Timothy J. Harris
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.7M
9,000 sh
$1.7M
Filed 09/23
Traded 09/21
