US EditionCrucial exemption allows majority of Canadian and Mexican goods to be shipped to US without tariffs
UNITED STATES, AUG 5 – The USMCA exempts over 90% of Canadian and Mexican exports from tariffs, preserving most trade despite recent tariff increases by the U.S. government under Donald Trump.
- Goods that comply with the United States-Mexico-Canada Agreement trade pact Trump negotiated are excluded from US tariffs on Canada and Mexico.
- Canada's central bank says most Canadian exports are USMCA compliant and tariff-free, while Mexico says over 84% of its trade with the US is tariff-free under USMCA.
- Former Canadian officials say the USMCA gives Canada a relative advantage over other US trading partners facing high tariffs, but some major industries are still impacted.
74 Articles
74 Articles
Crucial Exemption Allows Majority Of Canadian And Mexican Goods To Be Shipped To US Without Tariffs
U.S. President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties. Goods that comply with the 2020 United States-Mexico-Canada Agreement that Trump negotiated during his first term are excluded from the tariffs. Here’s a look at Trump’s tariffs on the two countries and their exemptions: Most Canadian exports reaching the US dut…
Trump’s tariffs grab headlines but this exemption allows Canadian and Mexican goods to enter US mostly duty free
U.S. President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties.Goods that comply with the 2020 United States-Mexico-Canada Agreement that Trump negotiated during his first term are excluded from the tariffs.Here’s a look at Trump’s tariffs on the two countries and their exemptions: Most Canadian exports reaching the US duty …
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Exemption allows Canadian, Mexican goods to be shipped to U.S. without tariffs
Goods that comply with the 2020 United States-Mexico-Canada Agreement that Trump negotiated during his first term are excluded from the tariffs.
Preserving the free trade pact will be crucial for Canada and Mexico.
Crucial Exemption Lets Most Canadian, Mexican Goods Enter US ...
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