Trump’s Tariffs on Canada, Mexico May Violate USMCA
The proposed tariffs on Canadian and Mexican goods by Trump may be in violation of the United States-Mexico-Canada Agreement (USMCA), which he himself signed in 2019. This agreement establishes largely tariff-free trade between the three nations. The irony is that Trump, in 2020, lauded the USMCA as the “fairest, most balanced” trade deal ever negotiated. Such tariffs would represent a significant departure from the agreement’s core principles.