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New 15% Tariff Announced, But Canada and Mexico Get Key Exemptions

KVIA••CNN Newsource
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President Donald Trump has introduced a new 15% tariff following a Supreme Court ruling, but several import categories from Canada and Mexico are exempt. Imports covered under the US-Mexico-Canada Agreement (USMCA) and textiles from Central American countries will not be affected by this tax. However, some products, including vehicles and agricultural goods, may still face tariffs due to previous security-related duties. Ontario's Premier Doug Ford has vowed to continue opposing these tariffs, emphasizing the ongoing trade tensions between the US and Canada.

Key Details: • New 15% tariff announced by Trump; effective immediately. • Exemptions include USMCA-covered imports and textiles from several Central American countries. • Vehicles, agricultural products, and metals may still be subject to existing tariffs. • Ontario Premier Doug Ford is actively opposing the tariffs.

trade tariffs mexico canada usmca

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Donald TrumpMexicoCanadaOntarioDoug Ford

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