Canada tariffs hit 50% on August 19: Section 338 overrides USMCA

Section 338 Canada tariffs

A 50% additional duty on a wide band of Canadian goods takes effect at 12:01 a.m. Eastern time on August 19, 2026, imposed through the first presidential use of Section 338 of the Tariff Act of 1930. USMCA-qualifying origin does not exempt covered goods, and the annexes reach far beyond the named motor vehicle, alcohol and dairy sectors.

Why holiday 2026 retail hiring is likely to set a new low: 3 automation signals

holiday 2026 retail hiring

US retailers are likely to announce fewer holiday 2026 seasonal jobs than in 2025, a year that already marked the weakest peak hiring since 2009. Three signals from late July and early August point to peak capacity being bought as automation capex rather than temporary staff, with the first checkpoint due when the seasonal outlooks publish in late September 2026.