US EditionThe Two Ways Trump's Tariffs on Canada Could Collapse — Despite His Fight to Keep Them
4 Articles
4 Articles
National Post
Grande Prairie Daily Herald Tribune…The two ways Trump's tariffs on Canada could collapse — despite his fight to keep them
The courts are considering whether they're even legal under U.S. law, and the American economy has yet to feel the pain of higher prices.
Canada's decision to respond to U.S. tariffs earlier this year seems to be creating a difference in the treatment that President Donald Trump is giving to North American neighbors. Until this week, Canada and Mexico received a similar treatment in the White House's trade actions. Both were subject to a 25 percent base tariff, with a wide exemption for goods shipped under the North American Free Trade Agreement, known as T-MEC (USMCA).
CUSMA Exemption Holds Up Despite Latest U.S. Tariff Hike; Canada's Jobs to Show Stabilization - Action Forex
Tariffs on Canadian goods announced by the U.S. on July 31 do not significantly alter Canada’s economic outlook. The International Emergency Economic Powers Act (IEEPA) tariff increased from 25% to 35%, but still only applies to the portion of trade that is not compliant with the free trade CUSMA/USMCA. That exemption is maintaining duty free […] The post CUSMA Exemption Holds Up Despite Latest U.S. Tariff Hike; Canada’s Jobs to Show Stabilizati…
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