Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United ...

President Trump said he spoke to Canadian Prime Minister Mark Carney, who told him he would remove some of the retaliatory ...

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

The Trump administration's aggressive tariff policies have sparked varied reactions from key trade partners like Mexico and Canada. Despite tensions, the USMCA remains a crucial element shielding most ...

Not so fast. The USMCA may be doomed. It is up for review in mid-2026 and the talks may not go in favour of Canada or Mexico. Also, the review date doesn’t mean much.

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.

Non-USMCA-compliant goods have been subject to a 25% tariff during the pause. In addition, imports of cars, steel, aluminum and copper from Mexico will still face U.S. sectoral duties, per Trump.

Shortly before Friday deadline for new tariffs beginning, Trump said he would enter into a 90-day negotiating period with Mexico, one of the nation's largest trading partners.

But Economy Secretary Marcelo Ebrard pointed out that under the USMCA no tariffs were paid on more than 84% of Mexico’s trade with the United States.

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. Goods ...

A key carve-out for Canada and Mexico shields the vast majority of goods from the punishing duties, even though U.S. President Donald Trump raised the tariffs on Canadian goods to 35% last week ...

The United States will enter a 90-day negotiating period with Mexico over trade as 25 per cent tariff rates stay in place, part of the rush of trade activity before President Donald Trump plans to ...