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Why Mexico and Canada Were Spared From Trump’s ‘Liberation Day’ Tariffs
- Trump announced a major new tariff policy excluding Mexico and Canada due to the USMCA.
- Reciprocal tariffs for 60 'worst offenders' will take effect soon.
- Sector-specific tariffs will target semiconductors, pharmaceuticals, and critical minerals.
- The USMCA provides exemptions for USMCA-compliant goods from the earlier taxes imposed by Trump.
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