Canada still has among the lowest effective tariff rate of any U.S. trade partner

While some have lamented the lack of a trade deal between Canada and the United States, particularly following the imposition of a 35% tariff on non-CUSMA-compliant goods, the fact remains that Canada has among the lowest effective tariff rates of any U.S. trading partner. This is because the percentage of Canada-US trade that is CUSMA-compliant...