Mexico, Canada Dodge 10% Tariff Bullet, but USMCA ‘Review’ Looms Large

Mexico and Canada have dodged a 10% tariff bullet, but the United States-Mexico-Canada Agreement (USMCA) 'review' looms large. The two countries have been exempt from the tariffs, but the review could lead to changes in the agreement.

The USMCA was signed in 2020 and has been in effect since 2021. The agreement aims to promote free trade and economic cooperation between the three countries. However, the review could lead to changes in the agreement, which could impact the economies of the three countries.

The review is expected to be completed by the end of 2026, but it could be delayed. The outcome of the review is uncertain, and it could lead to changes in the agreement. The changes could impact the economies of the three countries and affect the trade between them.

The USMCA review is a complex process, and it involves multiple stakeholders. The review will consider various factors, including the impact of the agreement on the economies of the three countries, the trade between them, and the potential changes to the agreement.

The outcome of the review will depend on various factors, including the input from the stakeholders, the analysis of the data, and the decisions made by the policymakers. The review could lead to changes in the agreement, which could impact the economies of the three countries and affect the trade between them.

The USMCA review is an important development, and it has significant implications for the economies of the three countries. The review could lead to changes in the agreement, which could impact the trade between the countries and affect the economies of Mexico and Canada.

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[6] Mexico, Canada dodge 10% tariff bullet, but USMCA ‘review’ looms large