Canada Tariff Exemption for USMCA Goods Begins March 7
An exemption for USMCA-qualifying goods from 10% and 25% tariffs on goods from Canada will take effect at 12:01 a.m. on March 7. An executive order signed by President Donald Trump exempts all goods “that are entered free of duty as a good of Canada under the terms of general note 11” of the tariff schedule from the tariffs, “including any treatment set forth in subchapter XXIII of chapter 98 and subchapter XXII of chapter 99.”
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The executive order also lowers the additional tariff for potash from 25% to 10% for goods that don’t qualify for the USMCA exemption.
Though Trump has said the exemption will expire April 2, the executive order mentions no expiration date.