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Canada to drop many tit-for-tat tariffs in olive branch to Trump
Hindustan Times Delhi
|August 23, 2025
Canada will remove its retaliatory tariffs on a long list of US products that comply with the existing North American trade deal, seeking to lower tensions with the White House.
Prime Minister Mark Carney announced the decision on Friday after a meeting with his cabinet, confirming an earlier report from Bloomberg News. The government is changing its tariff policy to align more closely with US measures. That means a broad range of US-made consumer products will no longer face a 25% tariff when imported into Canada, as of September 1, as long as they're shipped in compliance with the provisions of the US-Mexico-Canada Agreement.
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