President Trump took executive action to impose 50% tariffs on a wide range of imports from Canada.

Trump signed three proclamations formalizing the tariffs, which were made by invoking Section 338 of the Tariff Act of 1930, often referred to as the Smoot-Hawley Tariff Act. The century-old law is a different statute than the law Trump previously cited ‒ the International Emergency Economic Powers Act of 1977 ‒ in his push to use presidential emergency powers to impose reciprocal tariffs on countries.

The Supreme Court in February blocked Trump's use of emergency powers to impose tariffs under the 1977 law, forcing the White House to pursue other legal avenues to unilaterally levy fees on imports.

Allowing employees to hold company equity is also associated with increased productivity and less turnover, and a 2004 Rutgers University study found companies offering employee ownership stakes of at least 5% have a higher likelihood of survival than those without the benefit, which researchers attributed to greater employment security.

“When you align everyone’s incentives with a common goal, everyone will work harder to achieve that goal,” Ethan Rouen, a Harvard Business School professor of business administration, said in an interview for the college about Harvard’s research. “When you have an equity stake, all of a sudden you have a claim on the upside, and so that incentivizes you to work harder to increase that upside. It is something that has the potential to grow the pie and create wealth for everyone involved.”