The CUSMA Countdown: A Tale of Two Economies on the Brink As the August 19 deadline approaches for a potentially devastating 50% tariff hike, trade negotiators from both sides are scrambling to salvage what's left of the Canada U.
S. Mexico Agreement (CUSMA). Amidst the rhetoric and politicking, hundreds of thousands of jobs hang precariously in the balance. A new report from Oxford Economics paints a stark picture of the consequences.
In the event of CUSMA's breakdown, 214,000 American and 102,000 Canadian jobs would be lost – a staggering blow to two economies already grappling with affordability and stability issues.