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 trade exchanges from punitive measures.

President Trump’s top-line tariffs of 35 percent on Canada are among the highest in the world. However, most imports from America’s northern neighbor could be spared thanks to sweeping exemptions under the U.

USMCA origins and exemptions It dates back to Trump's first term, when he struck a deal with the two neighboring countries, exempting them from certain tariffs. That agreement led to the 2020 launch of the United States-Mexico-Canada Agreement,