Canada rolls back retaliatory tariffs
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A Canadian government official says that Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact
Canadian Prime Minister Mark Carney spoke with U.S. President Donald Trump on Thursday and had "a productive and wide-ranging conversation" on trade challenges and other issues, Carney's office said in a statement.
OTTAWA—Canadian Prime Minister Mark Carney had a “productive” call with President Trump about trade and a new economic and security pact between the two countries, Carney’s office said Thursday. The two leaders agreed to reconvene shortly to discuss further,
Canada is confident of reaching a trade deal with the US after scrapping most of its retaliatory tariffs, according to a senior minister in Mark Carney’s government.
Canada is easing trade tensions with the United States, announcing Friday it will lift most of its retaliatory tariffs on American goods.