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US-Canada trade agreement collapses, triggering 50% tariffs on $20B in goods
Politico EU·US · CA·2 days ago
China's Ministry of Commerce dismissed US allegations that Chinese exporters are using Mexico as a transshipment hub to circumvent tariffs. Simultaneously, Mexico is reportedly preparing new measures to restrict Chinese goods, signaling a potential shift in North American trade policy toward China. The effectiveness of these measures and the extent of US pressure on Mexico remain uncertain.
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