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.

The change will go into effect on Sept. 1, Carney added, saying he believes Canada has the best trade deal out of all of the countries working with the U.S.

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. […]

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

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,

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.

The move represents an about-face for Canada, which had been one of the few countries to punch back against President Trump’s protectionist agenda.

Today, the Prime Minister, Mark Carney, announced that he will travel to Poland, Germany, and Latvia, from August 25 to 27, 2025. He will be focused on strengthening relationships with European allies and advancing co-operation in key areas, including trade, energy, critical minerals, and collective defence.