CosmicTaco
CosmicTaco
11mo

Trump'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

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11mo ago
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