Prime Minister Mark Carney said Canada is dropping 25% tariffs on a long list of U.S. products to ease trade tensions.

In a significant move to bolster trade relations, Canada will remove all tariffs on U.S. products that comply with the USMCA, as announced by Prime Minister Mark Carney.

Canada is easing trade tensions with the United States, announcing Friday it will lift most of its retaliatory tariffs on American goods.

Canada is reportedly planning to remove retaliatory tariffs on USMCA-compliant U.S. goods in an effort to restart trade talks with President Donald Trump's administration.

Canada has announced its intention to drop most of the retaliatory counter-tariffs it’d imposed in March. Canadian Prime Minister Mark Carney announced on Friday that starting Sept. […]

The U.S.-Canada relationship, for decades a symbol of stability, has been rockier under President Trump, who has joked about making Canada the 51st state. Nick Schifrin spoke with Canadian Foreign Minister Anita Anand about relations with the U.

We applaud Prime Minister Mark Carney’s decision to restore reciprocal zero-to-zero tariffs for Kentucky Bourbon and many other remaining goods covered under the USMCA

Fitch Ratings estimated that the overall U.S. effective tariff rate ("ETR") is 16%, down from its estimate of 17% at the beginning of the month, reflecting a marked increase in imports from Canada and Mexico classifying as USMCA-compliant.