Investors Media Group - we invest in business ideas! - Trump just expanded his tariff playbook with a powerful trade weapon no president has ever used

July 21, 2026 - BY Investors Politics

Trump just expanded his tariff playbook with a powerful trade weapon no president has ever used

Trump invoked Section 338 of the 1930 Tariff Act for the first time in history, imposing 50% tariffs on Canadian goods from wine to hockey sticks.