Fannie Mae-No Politics (FNMA)

[HyperRaider33]

Canada and Mexico had no tariffs on us.

This is not correct..

From Grok,
"Canada: Canada has historically protected its dairy, poultry, and egg industries under a supply management system. In 2024, U.S. exports of these products exceeding USMCA quotas faced high tariffs—sometimes over 200%—to shield Canadian producers. Other U.S. goods entering Canada that did not meet USMCA origin rules were subject to Canada’s Most Favored Nation (MFN) tariff rates, which averaged around 4.1% but varied by product (e.g., clothing could face 18% tariffs). These were not new or blanket tariffs but part of Canada’s pre-existing trade policy.
Mexico: Similarly, Mexico did not impose widespread tariffs on U.S. goods under the USMCA in 2024. However, specific U.S. exports failing to meet USMCA requirements faced Mexico’s MFN tariffs, averaging about 7% but higher for certain items like agricultural products or textiles. Mexico also occasionally used tariffs or trade measures in response to specific disputes, though no major new tariffs on U.S. goods were reported in 2024 before the U.S. actions in 2025."