Under the USMCA trade pact, Canada announced it would match which type of exemption?

The correct choice reflects Canada's decision to align its trade policy with the United States under the USMCA (United States-Mexico-Canada Agreement) by matching US tariffs. This is significant because the USMCA was designed to create a more balanced trade environment between the three countries, and tariffs play a crucial role in this framework. By committing to match US tariffs, Canada ensures that its trade practices remain competitive with those of the United States, thus preventing any potential trade imbalances that could arise from a difference in tariff rates.

This coordination helps maintain the integrity of the agreement and fosters fair competition, which is central to the goals of the USMCA. Matching tariffs means that products entering Canada from the U.S. would be subject to the same duties as those imported from other nations, thereby protecting domestic industries while promoting trade efficiency among the signatory countries.