US President Donald Trump offered certain tariff exemptions for Canadian and Mexican goods covered by the US-Mexico-Canada Agreement (USMCA), the renegotiation of the North American Free Trade Agreement (NAFTA) enacted during his first term.
Trump signed orders paring back the tariffs until April 2, when the president is expected to start unveiling reciprocal tariffs on foreign nations that have imposed their own import taxes on US goods.
Mexican President Claudia Sheinbaum said Mexico should be spared when reciprocal tariffs go into effect. Canadian Prime Minister Justin Trudeau said his country won't relent until all "tariffs are removed."
