CUSMA goods exempt in new 10% tariffs
CUSMA goods exempt in new 10% tariffs
https://www.bnnbloomberg.ca/tariffs/2026/02/20/us-supreme-court-rejects-trumps-global-tariffs-follow-for-live-updates/
Publish Date: 2026-02-20 10:56:00
A defiant U.S. President Donald Trump said he will impose an additional 10 per cent global tariffs on Friday after the Supreme Court’s decision to strike down many of the existing tariffs, including some levied against Canada.
Trump called the decision “deeply disappointing,” adding he is “ashamed” of certain members of the court.
Meanwhile, several Canadian premiers, including Ontario’s Doug Ford, Alberta’s Danielle Smith and British Columbia’s David Eby praised the court’s decision, with some hoping it gets negotiations on the Canada-United States-Mexico Trade Agreement “back on track.”
Here’s everything that happened on Feb. 20, 2026
New global tariff fact sheet released
The White House has released a fact sheet outlining the new global tariffs announced by Trump earlier today, which will take effect Feb. 24 at 12:01 a.m. ET.
CUSMA-compliant goods of Canada and Mexico are not subject to the new tariffs.
“In a separate Executive Order, President Trump also reaffirmed and continued the suspension of duty-free de minimis treatment for low-value shipments, including goods shipped through the international postal system, which will also be subject to the temporary import duty imposed under section 122,” the fact sheet continues.
Lynn Chaya, CTVNews.ca journalist
Trump signs executive order on 10% global tariff
Trump shared Friday night that he signed an executive order that would soon make his 10 per cent global tariffs go into effect “almost immediately.”
“It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries,” Trump wrote on Truth Social.
Hunter Crowther, CTVNews.ca digital producer
Alberta’s Smith hopes CUSMA negotiations get ‘back on track’
The premier of Alberta said Friday she’s hopeful that goods currently covered under the Canada-United States-Mexico Agreement (CUSMA) will continue to be traded across the border tariff-free, following Trump’s announcement of blanket 10 per cent…
