Canada faces 35% U.S. tariffs as trade tensions escalate, putting focus on CUSMA compliance

By John Schofield ( August 1, 2025, 2:44 PM EDT) -- Canadian political and business leaders are charting divergent strategies to navigate the new reality of 35 per cent U.S. tariffs on goods not compliant with the Canada-United States-Mexico Agreement (CUSMA), with responses ranging from calls for economic sovereignty to urgent pleas for small business relief....