OTTAWA — Canada will drop some retaliatory tariffs on American products to match U.S. tariff exemptions for goods covered under the Canada-United States-Mexico Agreement, Prime Minister Mark Carney announced Friday.
After meeting with his cabinet, Carney said at a news conference the change will take effect on Sept. 1.
Carney and U.S. President Donald Trump spoke on a call on Thursday, and Carney confirmed that Trump assured him the move would help kick-start trade negotiations with the U.S.
Carney said Canada and the U.S. have re-established free trade for the vast majority of goods. He said Canada will retain tariffs on steel, aluminum and autos as it works with
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