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Tariff exemptions were Canada’s salvation in 2025. Why they’re at risk in 2026
U.S. President Donald Trump‘s tariff campaign appeared to move at a breakneck pace towards Canada’s economy this year. But beyond threats of double-digit tariff rates and sharp pain in manufacturing-heavy industries, a key exemption has allowed the majority Canadian goods to continue to cross the southern border duty-free. Experts who spoke to The Canadian Press warned this saving grace for the economy is at risk in 2026 as North American trade officials prepare for a review of the Canada-U.S.-Mexico agreement, or CUSMA. “It would be a worst-case scenario of the (CUSMA) deal basically being eliminated or not ... (full story)
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