Prime Minister Mark Carney announced that Canada will remove some retaliatory tariffs on the United States as a goodwill gesture designed to resume stalled trade talks. The announcement came one day after Carney and U.S. President Donald Trump spoke on the phone.
Carney made the announcement on Aug. 22 alongside cabinet members, saying Ottawa will remove all retaliatory tariffs on American products that comply with the United States-Mexico-Canada Agreement (USMCA). Canadian tariffs on U.S. automotives, steel, and aluminum will remain for now.
Canada imposed 25 percent tariffs on a long list of American goods in March, including oranges, alcohol, clothing and shoes, motorcycles and cosmetics, in response to U.S. tariffs on Canadian products….