As the trade war escalates between the US and Canada, with the Trump administration applying a 50 percent tariff on selected goods imported from Canada, there will be some knock-on effects on prices paid by American consumers.
If you’re buying potash, salmon, and critical minerals from Canada, shop as usual. The 50 percent Section 338 tariffs do not affect you. If you’re buying, say, cars and aluminum, there’s no change – these are already covered. But say you are in the market for a guitar effects pedal from north of the border – or indeed an electric guitar or tube amp – then you might be in for a shock.
