MARKET NEWS
1 min read

Canada spared from Trump’s new import tariffs, but auto sector still faces 25% levy

Written by
Steve Huebl
Published on
April 2, 2025

Canada has avoided the brunt of a sweeping new round of U.S. tariffs announced today by U.S. President Donald Trump, who unveiled a blanket 10% levy on all imports—excluding only Canada and Mexico under the USMCA trade pact.

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