President Trump increased tariffs on Canadian goods to 35%, intensifying trade disputes with a key ally.
He justified this move by claiming inadequate cooperation from Canada on drug-smuggling issues, disregarding recent progress.
The USMCA trade deal significantly limits this impact, exempting a large portion of Canadian exports from the tariff hike.
Nevertheless, certain products like dairy, wood, and leather might still experience heightened tariffs, depending on future negotiations.
