How USMCA compliance cushioned the 2025 tariff shock

· dallasfed.org

Despite regional sourcing and compliance costs, USMCA-based firms enjoy an edge over competitors outside North America facing higher U.S. tariffs.

How USMCA compliance cushioned the 2025 tariff shock

Enrique Martínez García and Ron Mau

As U.S. tariff rates rose in 2025, the United States–Mexico–Can...


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