Business · Important news for 30 August 2026
US imposes 50 percent tariffs on Canadian goods following collapse of trade talks
Trump invokes obscure 1930 tariff statute to impose 50% tax on Canadian imports
Using Section 338 of the Tariff Act of 1930, the administration has placed a 50% tax on $20 billion worth of Canadian imports.
- Trump invoked Section 338 of the Tariff Act of 1930.
- A 50% tax was slapped on $20 billion worth of Canadian imports.
Meta multi-state settlement puts pressure on competitors regarding online child safety
Asia Rewrites Energy Playbook Following Strait of Hormuz Crisis
Short-Term Treasury Yields Rise Following Jackson Hole Inflation Focus
South Korea surpasses US to become second-largest cosmetics exporter
US government changes three retirement rules with minimal fanfare
Meta agrees to $18bn settlement to end landmark lawsuit with 29 US states
US economy created fewer jobs than previously reported in 2025-2026 benchmark revisions
That's all the important news for now
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