U.S. President Donald Trump is imposing his new tariffs on Canadian exports under a section of law that has never been used since it was put on the books in 1930.
Retailers could receive an unexpected financial windfall.
NPR's Leila Fadel speaks with Jay Foreman of toy importer Basic Fun! about President Trump's latest round of tariffs. The company has paid millions of dollars in import duties under Trump.
Canada, which was hit by a 50% tariff earlier this week, signaled it was prepared to respond noting “everything is on the table,” depending on the outcome of negotiations.
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