Commerce proposes 25% tariffs on 14 goods: comments close August 27

Section 232 tariffs

The Commerce Department has proposed adding 14 product groups to the Section 232 aluminum, steel and copper tariffs, most at 25%. Public comments close August 27, 2026, and the list reaches consumer shelf goods including fire extinguishers, propane cylinders and extension cords.

Walmart pours $2.9bn tariff refund into price cuts: comps hit 6-year low

Walmart tariff refunds fund price rollbacks across US store aisles

Walmart said it received close to $2.9 billion in IEEPA tariff refunds during its fiscal second quarter and channelled the money into more than 11,000 price rollbacks. The windfall lifted operating income 28.8%, yet the shares fell about 9% as US comparable sales slowed to their weakest pace in roughly six years.

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.

Drone tariffs land September 3: 100% on thermal, 25% on consumer

drone tariffs

A proclamation signed on August 13 imposes Section 232 duties of 100 percent on heavier and thermal-imaging drones and 25 percent on consumer models of 25 kilograms or less, effective September 3, 2026. A further 25 percent on designated components follows on February 9, 2027, landing on retail assortments mid-way through holiday inventory build.