TORONTO (AP) — Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United ...

Canada and Mexico have been at the centre of Trump's tariff positioning from day one, but it seems that the pre-existing USMCA deal protects most goods from US tariffs.

Both Sheinbaum and Carney have repeatedly emphasized their commitment to USMCA, and little wonder: The deal significantly dilutes the impact of Donald Trump’s blanket tariffs on U.S. imports.

TORONTO (AP) — 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 ...

TORONTO — 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.

· USMCA impact. While the U.S., Canada and Mexico have a standing free-trade agreement, it isn’t clear that the expected tariff action would immediately violate that pact.

Under the United States-Mexico-Canada free trade pact (USMCA), which the Trump administration has confirmed remains in place, Canada and Mexico can export chocolate to the U.S. tariff-free no ...

Trump’s tariffs forge ‘feeling of big betrayal’ in Canada’s manufacturing The White House’s August 1 deadline has ‘set off some panic’ among both workers and employers, experts say.

Car parts from Canada and Mexico that meet USMCA rules are tariff-free. Vehicles built in the US are eligible for rebates of up to 3.75% of their retail value.

Mexico will not pursue a bilateral trade agreement with Canada, the country's President Claudia Sheinbaum said Wednesday following a meeting with a Canadian delegation. “No, there are no ...