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Author name: Bloomberg

Mexico, Canada get exemption to Trump’s 10% levy but a bigger set of risks still hangs

date Feb 22, 2026

the president said in the afternoon the US would impose a 10% levy on foreign goods under a different law. it took several hours before the white house clarified it's leaving in place an exemption for many goods shipped under the US-Mexico-Canada Agreement. the effective tariff rate for Canada and Mexico will decline.

Source: hindustantimes.com

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