Trump Set to Keep Tariff Exemption for USMCA Goods: US Official

President Donald Trump plans to raise the 25% tariff rate on Canada to 35% on Aug. 1 but leave a USMCA exemption unchanged, a US official said, speaking on condition of anonymity.

• USMCA compliant goods poised to continue to be exempt from levies
  • 10% tariff on some Canadian products not set to be changed
• Official cautions the plan is fluid and not yet in writing

To contact the reporter on this story:
Josh Wingrove in Washington at jwingrove4@bloomberg.net

To contact the editors responsible for this story:
Jan Dahinten at jdahinten@bloomberg.net

Tim Smith

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