News

Imports From USMCA Partner Canada Face Crippling 35% Tariffs Tomorrow
Canada faces steep 35% tariffs on almost 60% of its U.S. imports — if President Trump follows through tomorrow on his Aug. 1 ...
Carney ‘disappointed’ by 35% tariffs on Canada but USCMA exemption gives hope
Products covered under the USMCA trade agreement, which includes roughly 90% of Canadia exports, are exempt from the 35% tariffs Trump announced Thursday.
For Canada’s Carney, no deal with Trump might be better than a bad one
Prime Minister Mark Carney said Friday that he was “disappointed” but would work to build Canada’s economic resiliency and ...
Huge Tariff Increases Could Hit Mexico, Canada, Despite USMCA Exemption
Trump’s promise to impose 30% tariffs on imports from Mexico and 35% on imports from Canada beginning tomorrow could hammer ...
Canada hit with 35% tariff, but USMCA carve-out softens blow
Trump imposes 35% tariff on Canadian imports citing fentanyl and trade retaliation; USMCA goods exempted, softening economic impact for Canada.
Trump's tariffs give chocolate makers in Canada, Mexico an edge over US firms
Under the United States-Mexico-Canada free trade pact (USMCA), which the Trump administration has confirmed remains in place, ...
Tariffs rise, but USMCA keeps Canada and Mexico relatively shielded - BofA
The impact on effective tariff rates is expected to be moderate. BofA estimates these could rise to 4.2% for Canada and 6.9% for Mexico, up from 3.6% and 6.2%, respectively, due to the high share of ...
Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place
President Donald Trump said Thursday that there would be a 90-day negotiating period with Mexico after a call with that ...