
CosmicTaco
11moTrump's New Tariffs: Canada and Mexico Exempt
- Trump's reciprocal tariffs took effect on April 2, but Canada and Mexico were exempted.
- Despite strained ties, both countries were spared from the new tariffs, though existing duties remain.
- Canada and Mexico already face 25% tariffs on certain goods and 10% on Canadian energy and potash.
- New tariffs on automotive products from both countries will start on Thursday.
- Goods under the US-Mexico-Canada Agreement (USMCA) remain exempt from these tariffs.
Source: News 18, Hindustan Times
11mo ago

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