GeoeconomicGeopoliticalBrief30 Sep 2026
Who is exposed to the US measures on Canadian goods, and to which instruments?
“Exposure is set by the tariff line, not the sector: 666 US lines carry the Section 338 duty of 50 per cent, and 68 are excluded from importation since 29 September 2026.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic02. Twenty-six headings name Canada, and 23 remain in force30 Sep 2026
Which US measures name Canada, and which applies to a given good?
“Three headings have closed: 9903.05.85, 9903.45.27 and 9903.53.01. The other 23 are in force.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic03. 666 lines carry the 50% duty, and the largest list is not a sector30 Sep 2026
How many US tariff lines carry the 50% Section 338 duty, and is the largest list a sector?
“Heading 9903.03.14 holds 513 lines. Its four largest groups are wood (64 lines), furniture (56), electrical goods (39) and paper (31): 190 of 513, or 37%.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic04. At least four US measures can reach the same Canadian good30 Sep 2026
Do the US measures stack, and does CUSMA origin remove them?
“CUSMA origin removes the broad 35% measure and the 10% measures; the schedule gives it no effect on the Section 338 duty or on Section 232.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic05. Published trade data cannot see the line the measure is written at30 Sep 2026
Can published trade data size the trade exposed to the Section 338 lists?
“The value of the trade on the Section 338 lists is NOT DISCLOSED here. What would close it: a licensed trade series read against the 666 lines.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic06. Four conditions each need their own test30 Sep 2026
Is exposure one condition or several?
“The four are cases, not a sample, and a firm can move between conditions on a single proclamation.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic07. The annexes reach far less than their titles suggest30 Sep 2026
What does the US exclusion from importation of 29 September 2026 reach?
“Proclamation 11063, titled with respect to motor vehicles, excludes one tariff line from importation: motorcycles over 800 cc. It reaches no cars, trucks or parts.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic08. The exemption names metals, wood and vehicles but applies, as drafted, only to the dairy list30 Sep 2026
Whom does the steel, wood and vehicle exemption reach?
“The published position of both documents is that the exemption reaches the dairy list only.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
Geoeconomic09. The duty collected on Canadian goods stayed near 3% to July 202630 Sep 2026
What duty is actually being collected on Canadian goods?
“The duty collected on US imports from Canada was 2.8% of their value in July 2026, against 6.5% for imports from all origins.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
GeoeconomicGeopolitical10. 565 of the 666 lines sit on lists that name a federal measure30 Sep 2026
Whose conduct do the Section 338 proclamations name?
“For lines on 9903.03.13 and 9903.03.14, the measures the United States names are a federal quota allocation and a federal Order in Council (SOR/2025-118), both published.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
GeoeconomicGeopolitical11. A procurement memorandum reaches firms that pay no duty30 Sep 2026
Does the US procurement memorandum reach Canadian firms that pay no duty?
“It reaches a Canadian firm whose US revenue is a federal contract rather than a shipment, and it is not a customs matter.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America
GeoeconomicExecutive summary · What would change it30 Sep 2026
What would change the reading?
“The reading would change with a new proclamation amending the exclusion annexes or the duty lists, or a revision of U.S. note 51; none was found to 30 September 2026.”
The brief’s reading of the evidence; not a registered forecast.Primary Canada Affected United States of America