The Brief The Trump administration announced Monday a sweeping 50% tariff on hundreds of items. The price of hundreds of Canadian goods could soon go up dramatically as the Trump administration reveals massive new tariffs against the United States’ second-largest trading partner. Big picture view:The Trump administration revealed the new tariffs Monday while accusing Canadian trade policy of discriminating against American goods. The White House declared the slew of new duties will "level the playing field" for U.S. automobile, alcohol, and dairy industries. The Source: Information for this article was taken from the White House and The Associated Press.