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US Tariffs: Why will America’s new tariffs not apply to Canada and Mexico? White House responded
Anthony Lane
The U.S. has decided to exempt Canada and Mexico from its new tariffs, primarily due to the US-Mexico-Canada Agreement (USMCA). This agreement allows for duty-free trade between these countries, ensuring stability in industries like automotive manufacturing, agriculture, and energy. The decision aims to maintain positive trade relations and avoid disruptions in cross-border supply chains.