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A new 10% global tariff starts Feb. 24, but Mexico and Canada keep duty-free access to U.S. markets under USMCA.
The U.S. Supreme Court’s 2025 ruling invalidating some tariffs led to a temporary exemption for Mexico and Canada under USMCA, maintaining duty-free access to key imports like oil and auto parts.
Despite this, a new 10% global tariff takes effect February 24, though USMCA-eligible goods remain exempt.
Ongoing tariffs on steel, aluminum, and autos persist, and officials from both nations warn of potential trade pressures using other mechanisms.
The long-term future of USMCA remains uncertain amid political and economic tensions.
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Un nuevo arancel global del 10% comienza el 24 de febrero, pero México y Canadá mantienen el acceso libre de aranceles a los mercados estadounidenses en virtud del USMCA.