President Donald Trump exempted Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the US’s two largest trading partners.

President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick said Thursday. In an interview with CNBC, Lutnick said Trump is likely to exempt Canadian and Mexican goods and services from tariffs that comply with the U.

Canada will continue to engage with senior Trump administration officials about the tariffs the United States plans to impose on all Canadian imports, Prime Minister Justin Trudeau said on Thursday. "Our goal is to get these tariffs - all tariffs - removed,