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Canada’s Minister of Exports Ng says tariffs violate the US’ obligations under USMCA FTA

  • March 12, 2025
  • -FCHFX

March 12, 2025 at 08:36PM

Canada’s Minister of Export Promotion, International Trade and Economic Development, Mary Ng:

Canada is seeking
formal consultations with the United States regarding tariffs on
steel and aluminum

Tariffs violate US obligations under the USMCA agreement

—

The USMCA (United States-Mexico-Canada Agreement) is a trade deal that replaced NAFTA. Key changes include stricter rules for auto manufacturing, higher wage requirements, and improved market access for U.S. dairy products in Canada. The agreement aims to boost North American trade while ensuring fairer competition and economic growth.

Trump is not going to be bothered by this.

This article was written by Eamonn Sheridan at www.forexlive.com.

Canada’s Minister of Exports Ng says tariffs violate the US’ obligations under USMCA FTA
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