Trump’s 50% tariffs on Canada would include goods previously protected by the USMCA trade pact

Trump’s 50% tariffs on Canada would include goods previously protected by the USMCA trade pact

President Trump has slapped 50% tariffs on most Canadian goods, accusing Canada of unfair practices against American industries like autos, alcohol, and dairy. This move breaks from the United States-Mexico-Canada Agreement (USMCA) that previously protected these goods. It risks triggering a fresh wave of economic turmoil, potentially leading to higher inflation and further straining already tense relations between the two countries. This decision could set a precedent for future trade conflicts and highlights the unpredictable nature of Trump's trade policies.

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