Canada is a set to take away retaliatory tariffs on many US merchandise
- Canada is the set to take away retaliatory tariffs on many US merchandise.
- To use tariff exemption on many items below USMCA
Commonplace Tariff (non‑USMCA items): As of August 1, 2025, the U.S. raised tariffs on Canadian items not coated below the US-Mexico-Canada Settlement (USMCA) from 25% to 35%.
USMCA‑Compliant Items: The overwhelming majority of Canadian exports—similar to practically all power exports and different USMCA‑compliant objects—stay obligation‑free. Over 85% of Canada–U.S. commerce remains to be exempt from these tariffs.
Sector-Particular Tariffs:
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Metal & Aluminum: Topic to 50% tariffs.
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Cars & Auto Elements: A separate 25% tariff applies to non‑USMCA compliant autos and elements.
This text was written by Emma Wang at investinglive.com.
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