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How USMCA compliance cushioned the 2025 tariff shock

Enrique Martínez García () and Ronald Mau

Dallas Fed Economics from Federal Reserve Bank of Dallas

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

Keywords: USMCA; United States; Mexico; Canada; trade; tariffs (search for similar items in EconPapers)
Date: 2026-08-04
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