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The Latest Breaking News from USMCA

Trump’s latest tariff threat raises concerns for UK pharmaceuticals

Britain will ‘actively engage’ with US over possible 100% duties, with truck and cabinet makers also in firing line

The Guardian - UK

Canada, Mexico Leaders Meet Amid US Tariff War

Mexico's president will host the leader of Canada for trade talks Thursday as they seek to navigate the tariff war launched by Donald Trump despite the existence of a three-way free-trade agreement.

International Business Times

US To Begin Public Consultations On USMCA Renegotiation, Marking First Step Toward Revisiting Landmark North American Trade Pact: Report

The Trump administration is reportedly gearing up to renegotiate the U.S.-Mexico-Canada Agreement (USMCA), the largest free trade deal of the United States. The process is expected to commence within the next month.

Benzinga

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Canada Withdraws Tariffs on US Goods, White House Calls Move 'Overdue'

Canada removes tariffs on U.S. goods, aiming to ease trade tensions ahead of USMCA talks.

International Business Times

Despite tough talk, most Canadian, Mexican goods dodge new Trump tariffs

Canada and Mexico have been at the centre of Trump's tariff positioning from day one, but it seems that the pre-existing USMCA deal protects most goods from US tariffs.

Euronews

Crucial exemption allows majority of Canadian and Mexican goods to be shipped to US without tariffs

U.S. President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key carve-out for Canada as well as Mexico shields the vast majority of goods from the punishing duties

The Independent UK

Trump, Mark Carney To Meet And Explore Potential Trade Deal, Says Canada: 'We're Prepared To Stick Around And Do The Work...'

In the wake of a 35% tariff imposed by the U.S. on non-USMCA goods, President Donald Trump and Canadian Prime Minister Mark Carney are set to meet for discussions, as per a Canadian official.

Benzinga

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August increase in Mexico tariffs could strain Texas economy

A vast majority of trade between Mexico and the U.S. has been exempt from tariffs for months. That could change on Monday.

The Texas Tribune

Detroit automakers fuming after Trump’s first trade deal gives preferential treatment to imported U.K. cars over their own

'Under this deal, it will now be cheaper to import a UK vehicle with very little U.S. content than a USMCA compliant vehicle from Mexico or Canada that is half American parts.'

Fortune

Mark Carney tells Donald Trump ‘Canada is not for sale’ in a high-stakes Oval Office meeting

In a day of congenial menace at the White House, Canadian Prime Minister Mark Carney picked his spots carefully. He got his key message across — but got a largely unrelated earful in exchange from United States President Donald Trump.

The Conversation

Trump Says US Should To Stop 'Subsidizing' Canada As Trade Talks Continue

President Donald Trump on Tuesday said the United States should stop "subsidizing" Canada, as he hosted the country's recently reelected premier Mark Carney for talks in Washington.

International Business Times

Tariffs and gaming handhelds: Should I buy a Steam Deck, ROG Ally, or even a Nintendo Switch right now?

Learn all you need to know about how tariffs will affect the cost of gaming handhelds. I'm also keeping tack of current handheld prices so you can know when to buy.

Windows Central

Can-Am, Ski-Doo Parent Says Tariffs Aren't an Issue For Them, Actually

It's a strange time to be in the world, let alone in the powersports industry. And yet, plenty of people are. I've been asking folks from across the industry for their thoughts about the current, ever-evolving situation, as well as what their respective companies plan to do about it.

RideApart

Nvidia may avoid recent tariffs on its AI servers — 60% of Nvidia servers pass through Mexico, may be exempt from Trump tariff flurry

High-profile asset management firm Bernstein has published findings showing that around 60% of Nvidia's AI datacenters will completely avoid the recent wave of tariffs levelled by the U.S.

Tom’s Hardware

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International Business Times

Mexico President Welcomes Being Left Off Trump's Tariffs List

President Claudia Sheinbaum of Mexico, the United States' top trading partner, on Thursday welcomed her country's exclusion from the list of nations targeted in Donald Trump's latest round of import tariffs.

Kiplinger

Trump Tariffs Update: Active Import Taxes, Legal Pivots, and Refunds

As the administration pivots to alternative statutes for new tariffs, the Supreme Court’s ruling has opened the door for over $100 billion in potential refunds.

Barchart

Trump’s Tariffs End GM’s Joyride: Is General Motors Stock a Buy or Sell Ahead of ‘Liberation Day’?

GM had a good run in the last couple of years posting healthy profits and cash flows. However, Trump's auto tariffs have complicated the picture for the Detroit giant.

International Business Times

Trump Auto Tariffs Strike At Heart Of North American Trade

US President Donald Trump's tariffs on imported cars strike at the heart of a North American free trade agreement, threatening to disrupt supply chains and raise prices, experts say.

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news in one place.

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Fortune

Commerce Secretary Lutnick reportedly told friends in private he's 'not thrilled' with Trump's whipsaw approach to tariffs

Howard Lutnick is reportedly worried Trump’s rhetoric could make it harder to strike a trade deal with Canada and Mexico.

The Conversation

Trump’s tariffs threaten Indigenous businesses in Canada — the government must take action

It’s a tough time for Canadians to start a new business. A looming recession, intensifying trade war with the United States and geopolitical uncertainty are making the economic landscape difficult for many business owners.

The Independent UK

Trump whines about who signed deal to allow Canada to supply energy to the US – it was him

The decision to maintain the free flow of energy across the borders was part of the United States-Mexico-Canada Agreement negotiated by Trump

International Business Times

At Mass Rally, Mexico President Says Confident Trump Tariffs Resolved

Mexican President Claudia Sheinbaum told cheering crowds Sunday that she is confident that her country has headed off the threat of US tariffs for now.

Al Jazeera

Trump pauses some Mexico, Canada tariffs: What’s exempt, and what’s next?

About half of Mexico’s exports to the US, and a little more than a third of Canada’s, will be exempt for a month.

International Business Times

Trump Car Tariff Pivot And Detroit's 'Big Three'

After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.

The Independent UK

Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week

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