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Stock impact report

Canada's $21 Billion Counter-Tariffs Span Metals to Golf Balls [Yahoo! Finance Canada]

Topgolf Callaway Brands Corp. (MODG) 
Most Read from Bloomberg Canadian counter-tariffs on steel and aluminum account for C$15.6 billion of the new import controls, which apply until the US withdraws its 25% metal tariffs. It's the second wave in Canada's response after an initial reply to Trump's 25% tariffs on Canada and Mexico hit C$30 billion of US goods, including whiskey and orange juice. Wednesday's new tariff schedule of 539 targets spans a gamut of other goods that reach beyond metals, from the mundane to the surprising. Two apply to a hobby famously enjoyed by the tariff-advocating US president: golf balls and other golf equipment. The US is home to popular golf equipment manufacturers, including Topgolf Callaway Brands Corp. and Acushnet Holdings Corp.'s Titleist. But golf is just one of many leisure activities hit by the new tariffs. They also apply to Christmas novelty items, racket-sport equipment, fishing gear, skis, kids' wheeled toys, and fair rides including bumper cars and roller-coasters. Vide Show less Read more
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