Canadian, Mexican specialty crops spared in new wave of tariffs
By
Ryan G. Beckman
Canadian, Mexican specialty crops spared in new wave of tariffs
By
Ryan G. Beckman
On Wednesday, April 2 President Trump declared that foreign trade and economic practices have created a national emergency. As a result, his administration's on-again, off-again tariffs are back on with a baseline 10 percent rate across the board — going higher for specific countries, nearly hitting 50 percent for some.
According to the current plan, Canada and Mexico are unaffected with the previous fentanyl/migration order remaining in effect. This means United States–Mexico–Canada Agreement compliant goods, including specialty crops, will continue to see a 0 percent tariff, non-USMCA