# Canada-U.S.-Mexico Agreement (CUSMA)

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/canada-us-mexico-agreement-cusma-company
Canonical HTML page: https://getfinancebrief.com/entity/canada-us-mexico-agreement-cusma-company

## Timeline

- **2026-08-22**: 50% tariffs on $20B Canadian imports take effect — After failed negotiations, 50% U.S. tariffs on $20 billion of Canadian imports kick in; Carney promises to match them.
- **2025-10-07**: Carney-Trump press conference — Canada Prime Minister Mark Carney and President Donald Trump hold a press conference at the White House, amid continued tension.
- **2025-03-06**: Partial pause and potash reduction — Trump pauses some new duties, cuts potash levies to 10%, and exempts CUSMA-compliant goods.
- **2025-03-04**: Blanket tariffs take effect — Tariffs on Canadian and Mexican goods go ahead after a pause; Trudeau announces broad retaliation on U.S. goods.
- **2025-02-10**: Steel and aluminum tariffs signed — Trump signs a plan for separate 25% tariffs on all steel and aluminum entering the U.S.
- **2025-02-01**: IEEPA tariffs signed — Trump signs an executive order imposing blanket 25% tariffs on Canadian and Mexican imports, with 10% on energy.
- **2025-01-20**: Trump takes office, expects 25% tariffs — On his first day back in office, Trump says he expects to put 25% tariffs on imports from Canada.
- **2024-11-05**: Trump elected to second term — Donald Trump wins the U.S. presidential election, setting the stage for a new protectionist trade agenda.

## Recent coverage (1 stories)

### Trump's 50% tariff on $20B Canadian goods rattles markets
2026-08-22 18:15:46 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

Escalating U.S.-Canada tariff layers—including a new 50% duty on $20B imports—are injecting sustained uncertainty into equity, FX, and rates markets. Investors are repricing sectors tied to steel, aluminum, agriculture, and energy, with matching Canadian retaliation adding earnings risk.
Full story: https://getfinancebrief.com/story/trump-canada-trade-war-market-impact

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