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Import Levy

Stories tagged “Import Levy”.

USMCA Exemption Lowers Mexico, Canada Tariffs
Business

USMCA Exemption Lowers Mexico, Canada Tariffs

The US will impose a 10% levy on foreign goods, but an exemption for many goods shipped under the US-Mexico-Canada Agreement means the effective tariff rate for Canada and Mexico will decline. The president’s frustration over the court’s decision raises the risk he may try to radically alter or even blow up USMCA altogether in